Jiangsu Safety Wire Rope Co., Ltd.

Jiangsu Safety Wire Rope Co., Ltd. - Current Ratioverified

603028.SS

Price:

$7.07

Market Cap:

$2.03B

Jiangsu Safety Wire Rope Co., Ltd. is a manufacturer and global distributor of steel wire ropes, supplying markets both within China and internationally. Their extensive product range includes lift cables, a diverse selection of crane wire ropes (such as anti-rotation, shaped-strand, compacted-strand, and standard non-rotating varieties), as well as related items like wire rope slings, various rigging hardware, synthetic fiber products, and chains with their associated fittings. The company commenced operations in 2005 and is headquartered in Wuxi, China.

Industry

Steel

IPO Date

2016-03-31

Stock Exchange

SHH

Ticker

603028.SS

The Current Ratio as of August 2026 (TTM) for Jiangsu Safety Wire Rope Co., Ltd. (603028.SS) is 0.60

According to Jiangsu Safety Wire Rope Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.60. This represents a change of -4.44% compared to the average of 0.63 of the last 4 quarters.

Jiangsu Safety Wire Rope Co., Ltd. (603028.SS) Historical Current Ratio (quarterly & annually)

How has 603028.SS Current Ratio performed in the past?

The mean historical Current Ratio of Jiangsu Safety Wire Rope Co., Ltd. over the last ten years is 1.58. The current 0.60 Current Ratio has changed 3.71% with respect to the historical average. Over the past ten years (40 quarters), 603028.SS's Current Ratio was at its highest in in the March 2020 quarter at 3.38. The Current Ratio was at its lowest in in the December 2024 quarter at 0.57.

Quarterly (TTM)
Annual

Average

1.58

Median

1.49

Minimum

0.57

Maximum

2.82

Jiangsu Safety Wire Rope Co., Ltd. (603028.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Jiangsu Safety Wire Rope 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 = 68.79%

Maximum Annual Current Ratio = 2.82

Minimum Annual Increase = -47.18%

Minimum Annual Current Ratio = 0.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.605.17%
20240.57-24.42%
20230.76-47.18%
20221.432.04%
20211.41-9.33%
20201.55-45.02%
20192.8233.66%
20182.119.96%
20171.92-27.99%
20162.6668.79%

Jiangsu Safety Wire Rope Co., Ltd. (603028.SS) Average Current Ratio

How has 603028.SS Current Ratio performed in the past?

The current Current Ratio of Jiangsu Safety Wire Rope Co., Ltd. (603028.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.64

5-year avg

0.95

10-year avg

1.58

Jiangsu Safety Wire Rope Co., Ltd. (603028.SS) Current Ratio vs. Peers

How is 603028.SS’s Current Ratio compared to its peers?

Jiangsu Safety Wire Rope Co., Ltd.’s Current Ratio is less than Jiangsu Fasten Company Limited (0.63), less than Beijing Hanjian Heshan Pipeline Co.,Ltd (0.88), less than Ningxia Zhongke Biotechnology Co., Ltd. (2.71), less than Anhui Fuhuang Steel Structure Co., Ltd. (1.12), less than Chongqing Sifang New Material Co., Ltd. (1.85), less than Changzhou Tiansheng New Materials Co., Ltd. (0.62), greater than Jiangsu Huifeng Bio Agriculture Co., Ltd. (0.33), less than Jiangsu Yuxing Film Technology Co., Ltd (2.43), less than Yongyue Science&Technology Co.,Ltd (5.25), greater than Jiang Su Yida Chemical Co.,Ltd (0.58),

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