601096.SS
Price:
$4.27
Market Cap:
$7.26B
Hsino Tower Group Co., Ltd. engages in the research, development, production, and sales of transmission line towers. Its products include angle steel towers, steel pipe towers, steel pipe poles, and substation structure supports. The company was founded on June 27, 1985 and is headquartered in Jinan, China.
Industry
Electrical Equipment & Parts
IPO Date
Stock Exchange
SHH
Ticker
601096.SS
According to Hsino Tower Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.53. This represents a change of -1.30% compared to the average of 1.55 of the last 4 quarters.
The mean historical Current Ratio of Hsino Tower Group Co., Ltd. over the last ten years is 1.49. The current 1.53 Current Ratio has changed 10.16% with respect to the historical average. Over the past ten years (40 quarters), 601096.SS's Current Ratio was at its highest in in the December 2023 quarter at 1.67. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
1.49
Median
1.55
Minimum
0.94
Maximum
1.79
Discovering the peaks and valleys of Hsino Tower 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 = 90.58%
Maximum Annual Current Ratio = 1.79
Minimum Annual Increase = -14.98%
Minimum Annual Current Ratio = 0.94
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.58 | -5.41% |
| 2023 | 1.67 | 17.65% |
| 2022 | 1.42 | -7.11% |
| 2021 | 1.52 | -14.98% |
| 2020 | 1.79 | 90.58% |
The current Current Ratio of Hsino Tower Group Co., Ltd. (601096.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.55
5-year avg
1.60
10-year avg
1.49
Hsino Tower Group Co., Ltd.’s Current Ratio is less than CWB Automotive Electronics Co., Ltd. (3.06), greater than Xinya Electronic Co., Ltd. (1.35), greater than Foshan Electrical and Lighting Co.,Ltd (1.47), greater than Shanghai QiFan Cable Co., Ltd (1.46), greater than Baosheng Science and Technology Innovation Co.,Ltd. (1.09), less than Shandong University Electric Power Technology Co., Ltd. (2.88), less than Suzhou W Deane New Power Elec (1.98), less than Zhiyang Innovation Technology Co., Ltd. (2.27), greater than Sinomag Technology Co., Ltd. (1.17), less than Shanghai Zhezhong Group Co.,Ltd (1.68),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.06 | $7.50B | |
| 1.35 | $7.29B | |
| 1.47 | $7.61B | |
| 1.46 | $7.05B | |
| 1.09 | $8.08B | |
| 2.88 | $6.95B | |
| 1.98 | $7.82B | |
| 2.27 | $7.72B | |
| 1.17 | $7.17B | |
| 1.68 | $7.46B |
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