601163.SS
Price:
$14.6
Market Cap:
$11.68B
Triangle Tyre Co., Ltd researches, develops, designs, manufactures, and markets various tire products. Its products include commercial tires, passenger tires, bias off-the-road (OTR) tires, radial OTR tires, jumbo OTR tires, etc., as well as specialty tires. The company provides its products through branches, as well as dealers and online in North America, Europe, Australia, Russia, and India covering 180 countries and regions. Triangle Tyre Co., Ltd was founded in 1976 and is based in Weihai, China.
Industry
Auto - Parts
IPO Date
2016-09-09
Stock Exchange
SHH
Ticker
601163.SS
According to Triangle Tyre Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.82. This represents a change of 10.53% compared to the average of 2.55 of the last 4 quarters.
The mean historical Current Ratio of Triangle Tyre Co., Ltd over the last ten years is 2.04. The current 2.82 Current Ratio has changed 13.74% with respect to the historical average. Over the past ten years (40 quarters), 601163.SS's Current Ratio was at its highest in in the September 2025 quarter at 2.82. The Current Ratio was at its lowest in in the March 2016 quarter at 1.02.
Average
2.04
Median
2.07
Minimum
1.02
Maximum
2.45
Discovering the peaks and valleys of Triangle Tyre 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 = 104.04%
Maximum Annual Current Ratio = 2.45
Minimum Annual Increase = -15.52%
Minimum Annual Current Ratio = 1.02
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.45 | 2.72% |
| 2023 | 2.38 | 3.36% |
| 2022 | 2.31 | 4.61% |
| 2021 | 2.21 | 7.69% |
| 2020 | 2.05 | 4.10% |
| 2019 | 1.97 | 3.75% |
| 2018 | 1.90 | -6.72% |
| 2017 | 2.03 | -2.36% |
| 2016 | 2.08 | 104.04% |
| 2015 | 1.02 | -15.52% |
The current Current Ratio of Triangle Tyre Co., Ltd (601163.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.38
5-year avg
2.28
10-year avg
2.04
Triangle Tyre Co., Ltd’s Current Ratio is greater than Camel Group Co., Ltd. (2.31), greater than Chengdu Haoneng Technology Co., Ltd. (1.37), greater than Zhejiang Wanliyang Co., Ltd. (1.26), greater than YAPP Automotive Systems Co., Ltd. (2.21), greater than Shanghai Aerospace Automobile Electromechanical Co., Ltd. (1.95), greater than Beijing Jingwei Hirain Technologies Co., Inc. (1.09), greater than Wuxi Longsheng Technology Co.,Ltd (1.20), less than Jiangsu NanFang Precision Co.,Ltd. (3.74), greater than Kunshan Huguang Auto Harness Co.,Ltd. (1.32), greater than Guizhou Tyre Co.,Ltd. (1.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.31 | $10.61B | |
| 1.37 | $11.74B | |
| 1.26 | $11.92B | |
| 2.21 | $11.38B | |
| 1.95 | $27.08B | |
| 1.09 | $12.44B | |
| 1.20 | $10.75B | |
| 3.74 | $8.96B | |
| 1.32 | $12.90B | |
| 1.15 | $7.91B |
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