601882.SS
Price:
$19.11
Market Cap:
$9.98B
Ningbo Haitian Precision Machinery Co., Ltd. engages in the production and sale of machine tools in China. It offers CNC machine tools, five-axis CNC machine tools, boring and milling machining tools, CNC coordinate grinders, and five-axis CNC systems and servo devices. The company was formerly known as Ningbo Dagang Tianxin Machinery Co., Ltd. The company was founded in 2002 and is based in Ningbo, China.
Industry
Industrial - Machinery
IPO Date
2016-11-10
Stock Exchange
SHH
Ticker
601882.SS
According to Ningbo Haitian Precision Machinery Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.81. This represents a change of -2.18% compared to the average of 1.85 of the last 4 quarters.
The mean historical Current Ratio of Ningbo Haitian Precision Machinery Co.,Ltd. over the last ten years is 1.59. The current 1.81 Current Ratio has changed 11.29% with respect to the historical average. Over the past ten years (40 quarters), 601882.SS's Current Ratio was at its highest in in the March 2025 quarter at 1.88. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.59
Median
1.55
Minimum
1.32
Maximum
1.88
Discovering the peaks and valleys of Ningbo Haitian Precision Machinery 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 = 17.54%
Maximum Annual Current Ratio = 1.88
Minimum Annual Increase = -13.73%
Minimum Annual Current Ratio = 1.32
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.88 | 8.48% |
| 2023 | 1.73 | 13.19% |
| 2022 | 1.53 | 6.07% |
| 2021 | 1.44 | -8.79% |
| 2020 | 1.58 | -13.73% |
| 2019 | 1.83 | 10.42% |
| 2018 | 1.66 | 15.29% |
| 2017 | 1.44 | -1.77% |
| 2016 | 1.47 | 10.65% |
| 2015 | 1.32 | 17.54% |
The current Current Ratio of Ningbo Haitian Precision Machinery Co.,Ltd. (601882.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.71
5-year avg
1.63
10-year avg
1.59
Ningbo Haitian Precision Machinery Co.,Ltd.’s Current Ratio is less than Jirfine Intelligent Equipment Co Ltd (2.10), less than Yindu Kitchen Equipment Co., Ltd (2.17), greater than Ningbo Dechang Electrical Machinery Made Co., Ltd. (1.50), greater than Guangdong Yizumi Precision Machinery Co.,Ltd. (1.66), greater than Ongoal Technology Co., Ltd. (1.30), less than Ficont Industry (Beijing) Co., Ltd. (4.14), less than Jiangsu Guomao Reducer Co., Ltd. (2.40), greater than ShenZhen QiangRui Precision Technology Co., Ltd. (1.73), less than Luxin Venture Capital Group Co., Ltd. (10.84), less than Zhejiang Jinggong Science & Technology Co., Ltd (1.88),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.10 | $8.59B | |
| 2.17 | $10.66B | |
| 1.50 | $8.75B | |
| 1.66 | $11.52B | |
| 1.30 | $9.05B | |
| 4.14 | $8.82B | |
| 2.40 | $10.93B | |
| 1.73 | $8.66B | |
| 10.84 | $11.09B | |
| 1.88 | $10.91B |
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