CITIC Heavy Industries Co., Ltd.

CITIC Heavy Industries Co., Ltd.verified

601608.SS

Price:

$4.22

Market Cap:

$19.33B

CITIC Heavy Industries Co., Ltd. engages in the manufacture and sale of heavy machinery in China and internationally. The company offers grinding mills; crushers; vertical stirred mills; high pressure grinding rolls; mine hoists; vertical roller mills; rotary kilns; and liners. It also provides equipment installation, testing, maintenance, refurbishing, remote monitoring and diagnosis, upgrading and retrofitting, and performance guarantee services. The company was founded in 1956 and is based in Luoyang, China. CITIC Heavy Industries Co., Ltd. is a subsidiary of CITIC Group Corporation.

Industry

Industrial - Machinery

IPO Date

2012-07-06

Stock Exchange

SHH

Ticker

601608.SS

The Current Ratio as of June 2025 (TTM) for CITIC Heavy Industries Co., Ltd. (601608.SS) is 1.37

According to CITIC Heavy Industries Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.37. This represents a change of 1.81% compared to the average of 1.35 of the last 4 quarters.

CITIC Heavy Industries Co., Ltd. (601608.SS) Historical Current Ratio (quarterly & annually)

How has 601608.SS Current Ratio performed in the past?

The mean historical Current Ratio of CITIC Heavy Industries Co., Ltd. over the last ten years is 1.21. The current 1.37 Current Ratio has changed 11.29% with respect to the historical average. Over the past ten years (40 quarters), 601608.SS's Current Ratio was at its highest in in the September 2015 quarter at 1.57. The Current Ratio was at its lowest in in the September 2019 quarter at 1.06.

Quarterly (TTM)
Annual

Average

1.21

Median

1.19

Minimum

1.08

Maximum

1.40

CITIC Heavy Industries Co., Ltd. (601608.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CITIC Heavy Industries 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 = 9.04%

Maximum Annual Current Ratio = 1.40

Minimum Annual Increase = -18.74%

Minimum Annual Current Ratio = 1.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.348.25%
20231.241.02%
20221.237.23%
20211.154.15%
20201.101.59%
20191.08-12.51%
20181.249.04%
20171.13-0.47%
20161.14-18.74%
20151.40-16.91%

CITIC Heavy Industries Co., Ltd. (601608.SS) Average Current Ratio

How has 601608.SS Current Ratio performed in the past?

The current Current Ratio of CITIC Heavy Industries Co., Ltd. (601608.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.27

5-year avg

1.21

10-year avg

1.21

CITIC Heavy Industries Co., Ltd. (601608.SS) Current Ratio vs. Peers

How is 601608.SS’s Current Ratio compared to its peers?

CITIC Heavy Industries Co., Ltd.’s Current Ratio is

CompanyCurrent RatioMarket cap

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