601965.SS
Price:
$16.92
Market Cap:
$16.84B
China Automotive Engineering Research Institute Co., Ltd. provides technical services for automobiles in China. It develops automotive and related product technologies; and offers research and development, testing and evaluation, product certification, software tools, and testing equipment and technical consulting services for automobiles. The company also manufactures logistics special vehicles, sanitation special vehicles, motorcycles, and equipment; gas vehicle systems and components; and rail vehicle transmission systems, braking systems, and key components, as well as offers engineering and CNG vehicle modification services. In addition, it provides instruments and meters, general machi...[Read more]
Industry
Auto - Manufacturers
IPO Date
2012-06-11
Stock Exchange
SHH
Ticker
601965.SS
According to China Automotive Engineering Research Institute Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.21. This represents a change of 11.98% compared to the average of 2.86 of the last 4 quarters.
The mean historical Current Ratio of China Automotive Engineering Research Institute Co., Ltd. over the last ten years is 3.13. The current 3.21 Current Ratio has changed 10.15% with respect to the historical average. Over the past ten years (40 quarters), 601965.SS's Current Ratio was at its highest in in the March 2016 quarter at 7.98. The Current Ratio was at its lowest in in the June 2021 quarter at 1.77.
Average
3.13
Median
2.51
Minimum
2.23
Maximum
5.69
Discovering the peaks and valleys of China Automotive Engineering Research Institute 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 = 10.20%
Maximum Annual Current Ratio = 5.69
Minimum Annual Increase = -32.72%
Minimum Annual Current Ratio = 2.23
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.36 | -8.22% |
| 2023 | 2.57 | 7.66% |
| 2022 | 2.39 | -2.61% |
| 2021 | 2.45 | 10.20% |
| 2020 | 2.23 | -0.95% |
| 2019 | 2.25 | -12.13% |
| 2018 | 2.56 | -32.72% |
| 2017 | 3.80 | -24.00% |
| 2016 | 5.00 | -12.07% |
| 2015 | 5.69 | 5.67% |
The current Current Ratio of China Automotive Engineering Research Institute Co., Ltd. (601965.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.44
5-year avg
2.40
10-year avg
3.13
China Automotive Engineering Research Institute Co., Ltd.’s Current Ratio is greater than Foryou Corporation (1.55), greater than Jiangling Motors Corporation, Ltd. (1.10), greater than DongFeng Automobile Co. Ltd. (1.67), greater than Shanghai Daimay Automotive Interior Co., Ltd (3.05), greater than NBTM New Materials Group Co., Ltd. (1.61), greater than Zotye Automobile Co., Ltd (0.58), greater than Ling Yun Industrial Corporation Limited (1.38), greater than Jiangsu Bojun Industrial Technology Co., Ltd (1.04), greater than BTG Hotels (Group) Co., Ltd. (0.98), greater than Ningbo Jifeng Auto Parts Co., Ltd. (1.18),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.55 | $15.64B | |
| 1.10 | $12.57B | |
| 1.67 | $14.72B | |
| 3.05 | $17.49B | |
| 1.61 | $17.96B | |
| 0.58 | $19.21B | |
| 1.38 | $14.57B | |
| 1.04 | $13.03B | |
| 0.98 | $17.64B | |
| 1.18 | $16.93B |
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