603089.SS
Price:
$12.95
Market Cap:
$3.11B
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension system in China. It offers shock absorbers, strut catridge, strut, strut assembly, steering damper, and cabin damper products. ADD Industry (Zhejiang) CO., LTD was founded in 1994 and is based in Taizhou, China.
Industry
Auto - Parts
IPO Date
2017-01-26
Stock Exchange
SHH
Ticker
603089.SS
According to ADD Industry (Zhejiang) Co. Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.17. This represents a change of 6.82% compared to the average of 1.09 of the last 4 quarters.
The mean historical Current Ratio of ADD Industry (Zhejiang) Co. Ltd. over the last ten years is 1.47. The current 1.17 Current Ratio has changed 7.82% with respect to the historical average. Over the past ten years (40 quarters), 603089.SS's Current Ratio was at its highest in in the March 2018 quarter at 2.54. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.47
Median
1.37
Minimum
0.99
Maximum
2.33
Discovering the peaks and valleys of ADD Industry (Zhejiang) 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 = 42.33%
Maximum Annual Current Ratio = 2.33
Minimum Annual Increase = -48.59%
Minimum Annual Current Ratio = 0.99
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.99 | -13.97% |
| 2023 | 1.15 | -2.60% |
| 2022 | 1.18 | -15.40% |
| 2021 | 1.39 | -26.65% |
| 2020 | 1.90 | 40.40% |
| 2019 | 1.35 | 12.65% |
| 2018 | 1.20 | -48.59% |
| 2017 | 2.33 | 42.33% |
| 2016 | 1.64 | 1.85% |
| 2015 | 1.61 | 20.79% |
The current Current Ratio of ADD Industry (Zhejiang) Co. Ltd. (603089.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
1.10
5-year avg
1.32
10-year avg
1.47
ADD Industry (Zhejiang) Co. Ltd.’s Current Ratio is greater than Goody Science and Technology Co., Ltd. (0.92), less than Wuhan Lincontrol Automotive Electronics Co., Ltd. (5.56), less than Ningbo Gaofa Automotive Control System Co., Ltd. (2.99), greater than Zhejiang Jinfei Kaida Wheel Co.,Ltd. (0.85), greater than Nanjing Chervon Auto Precision Technology Co., Ltd (0.94), less than Shandong Gold Phoenix Co.,Ltd (5.48), less than ShenZhen RoadRover Technology Co.,Ltd (1.21), less than ActBlue Co., Ltd. (1.49), less than Sichuan Haowu Electromechanical Co., Ltd. (2.03), greater than Zhejiang Hongxin Technology Co Ltd (0.97),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.92 | $3.36B | |
| 5.56 | $3.02B | |
| 2.99 | $3.60B | |
| 0.85 | $3.60B | |
| 0.94 | $3.19B | |
| 5.48 | $3.63B | |
| 1.21 | $3.36B | |
| 1.49 | $3.31B | |
| 2.03 | $2.69B | |
| 0.97 | $3.02B |
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