600843.SS
Price:
$11.57
Market Cap:
$5.43B
Shang Gong Group Co., Ltd. researches, develops, produces, and sells industrial sewing equipment and household sewing machines in China and internationally. It offers machines for apparel manufacturing, including lock and chain stitch machines, engineered workstations, sewing automats, and sewing units; and machines for upholstery, automotive, and technical textiles, such as M-type H-type flatbed machines, postbed machines, cylinder arm-machines, and workstations, as well as sewing units. The company also provides sewing machines for the manufacturing of shoes, bags, and suitcases, as well as for aerospace and new materials. In addition, the company offers film materials and office equipment...[Read more]
Industry
Industrial - Machinery
IPO Date
1994-03-11
Stock Exchange
SHH
Ticker
600843.SS
According to Shang Gong Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.80. This represents a change of 2.38% compared to the average of 1.76 of the last 4 quarters.
The mean historical Current Ratio of Shang Gong Group Co., Ltd. over the last ten years is 2.29. The current 1.80 Current Ratio has changed 7.76% with respect to the historical average. Over the past ten years (40 quarters), 600843.SS's Current Ratio was at its highest in in the September 2017 quarter at 3.00. The Current Ratio was at its lowest in in the June 2024 quarter at 1.68.
Average
2.29
Median
2.25
Minimum
1.71
Maximum
2.87
Discovering the peaks and valleys of Shang Gong Group Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 17.39%
Maximum Annual Current Ratio = 2.87
Minimum Annual Increase = -24.09%
Minimum Annual Current Ratio = 1.71
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.71 | -24.09% |
| 2023 | 2.26 | 17.39% |
| 2022 | 1.92 | -6.01% |
| 2021 | 2.05 | 6.85% |
| 2020 | 1.92 | -14.52% |
| 2019 | 2.24 | -12.63% |
| 2018 | 2.56 | -7.95% |
| 2017 | 2.79 | 6.74% |
| 2016 | 2.61 | -8.90% |
| 2015 | 2.87 | 5.97% |
The current Current Ratio of Shang Gong Group Co., Ltd. (600843.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.97
5-year avg
1.97
10-year avg
2.29
Shang Gong Group Co., Ltd.’s Current Ratio is greater than HuiZhou Intelligence Technology Group Co., Ltd (1.49), greater than Yijiahe Technology Co., Ltd. (1.67), greater than Qingdao Tianneng Heavy Industries Co.,Ltd (1.48), greater than Hunan Yujing Machinery Co.,Ltd (1.41), less than NCS Testing Technology Co., Ltd. (2.12), greater than Shanghai Bloom Technology, Inc. (1.32), less than Guangdong Lingxiao Pump Industry Co.,Ltd. (13.42), less than Shandong Weida Machinery Co., Ltd. (3.68), less than Wuxi Chemical Equipment Co., Ltd. (2.97), greater than Saurer Intelligent Technology Co.,Ltd. (1.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.49 | $5.78B | |
| 1.67 | $6.06B | |
| 1.48 | $5.77B | |
| 1.41 | $7.21B | |
| 2.12 | $6.18B | |
| 1.32 | $6.23B | |
| 13.42 | $6.37B | |
| 3.68 | $6.20B | |
| 2.97 | $5.79B | |
| 1.31 | $4.67B |
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