603016.SS
Price:
$25.82
Market Cap:
$3.83B
Wuxi New Hongtai Electrical Technology Co.,Ltd engages in the research, development, production, and sale of components of circuit breakers, low-voltage circuit breakers, and knife-melt switches in China. It offers BMC/SMC molded insulation products for circuit breakers, motors and electric motors, low-voltage circuit breakers, and knife-fused switches; and molding articles and materials. The company was founded in 2008 and is based in Wuxi, China.
Industry
Hardware, Equipment & Parts
IPO Date
2016-07-01
Stock Exchange
SHH
Ticker
603016.SS
According to Wuxi New Hongtai Electrical Technology Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 4.56. This represents a change of -5.61% compared to the average of 4.83 of the last 4 quarters.
The mean historical Current Ratio of Wuxi New Hongtai Electrical Technology Co.,Ltd over the last ten years is 5.64. The current 4.56 Current Ratio has changed 7.99% with respect to the historical average. Over the past ten years (40 quarters), 603016.SS's Current Ratio was at its highest in in the March 2020 quarter at 9.59. The Current Ratio was at its lowest in in the December 2015 quarter at 3.92.
Average
5.64
Median
5.37
Minimum
3.92
Maximum
7.66
Discovering the peaks and valleys of Wuxi New Hongtai Electrical Technology 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 = 95.25%
Maximum Annual Current Ratio = 7.66
Minimum Annual Increase = -32.34%
Minimum Annual Current Ratio = 3.92
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.62 | 1.79% |
| 2023 | 4.53 | 1.41% |
| 2022 | 4.47 | 8.00% |
| 2021 | 4.14 | -32.34% |
| 2020 | 6.12 | -15.85% |
| 2019 | 7.27 | 5.84% |
| 2018 | 6.87 | 1.68% |
| 2017 | 6.76 | -11.77% |
| 2016 | 7.66 | 95.25% |
| 2015 | 3.92 | 32.23% |
The current Current Ratio of Wuxi New Hongtai Electrical Technology Co.,Ltd (603016.SS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.54
5-year avg
4.78
10-year avg
5.64
Wuxi New Hongtai Electrical Technology Co.,Ltd’s Current Ratio is greater than Zhejiang Tengen Electrics Co.,Ltd. (1.71), greater than Sanbian Sci Tech Co., Ltd. (1.55), greater than Wuxi Hodgen Technology Co., Ltd. (1.65), greater than Shenzhen AV-Display Co., Ltd. (3.89), greater than Hangzhou Seck Intelligent Technology Co.,Ltd. (3.23), less than Senba Sensing Technology Co.,Ltd. (5.29), greater than Shenzhen Sunnypol Optoelectronics Co.,Ltd. (0.96), less than Harbin Xinguang Optic-Electronics Technology Co.,Ltd. (7.36), greater than Suzhou Gyz Electronic Technology Co.,Ltd (0.44), greater than Xiamen Xindeco Ltd. (1.09),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.71 | $3.75B | |
| 1.55 | $3.88B | |
| 1.65 | $3.54B | |
| 3.89 | $4.01B | |
| 3.23 | $3.52B | |
| 5.29 | $3.49B | |
| 0.96 | $4.32B | |
| 7.36 | $4.43B | |
| 0.44 | $4.09B | |
| 1.09 | $5.31B |
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