Zhejiang Red Dragonfly Footwear Co., Ltd.

Zhejiang Red Dragonfly Footwear Co., Ltd. - Current Ratioverified

603116.SS

Price:

$7.28

Market Cap:

$4.19B

Zhejiang Red Dragonfly Footwear Co., Ltd. is a Chinese enterprise focused on manufacturing and retailing a diverse selection of footwear for men, women, and children. In addition to shoes, their product line extends to include complementary accessories and essential shoe maintenance items. All their goods are exclusively marketed under their own Red Dragonfly brand. Customers can acquire these products through traditional retail channels as well as via the company's online platform. Established in 1995, the firm operates with its main offices situated in Wenzhou, China.

Industry

Apparel - Footwear & Accessories

IPO Date

2015-06-29

Stock Exchange

SHH

Ticker

603116.SS

The Current Ratio as of October 2026 (TTM) for Zhejiang Red Dragonfly Footwear Co., Ltd. (603116.SS) is 2.51

According to Zhejiang Red Dragonfly Footwear Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.51. This represents a change of -3.08% compared to the average of 2.59 of the last 4 quarters.

Zhejiang Red Dragonfly Footwear Co., Ltd. (603116.SS) Historical Current Ratio (quarterly & annually)

How has 603116.SS Current Ratio performed in the past?

The mean historical Current Ratio of Zhejiang Red Dragonfly Footwear Co., Ltd. over the last ten years is 2.76. The current 2.51 Current Ratio has changed 8.98% with respect to the historical average. Over the past ten years (40 quarters), 603116.SS's Current Ratio was at its highest in in the June 2019 quarter at 3.78. The Current Ratio was at its lowest in in the June 2023 quarter at 2.17.

Quarterly (TTM)
Annual

Average

2.76

Median

2.74

Minimum

2.44

Maximum

3.13

Zhejiang Red Dragonfly Footwear Co., Ltd. (603116.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Zhejiang Red Dragonfly Footwear 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 = 8.73%

Maximum Annual Current Ratio = 3.13

Minimum Annual Increase = -17.72%

Minimum Annual Current Ratio = 2.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.47-8.83%
20242.715.35%
20232.585.54%
20222.44-17.72%
20212.977.89%
20202.75-5.11%
20192.90-7.27%
20183.135.67%
20172.968.73%
20162.721.12%

Zhejiang Red Dragonfly Footwear Co., Ltd. (603116.SS) Average Current Ratio

How has 603116.SS Current Ratio performed in the past?

The current Current Ratio of Zhejiang Red Dragonfly Footwear Co., Ltd. (603116.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

2.59

5-year avg

2.63

10-year avg

2.76

Zhejiang Red Dragonfly Footwear Co., Ltd. (603116.SS) Current Ratio vs. Peers

How is 603116.SS’s Current Ratio compared to its peers?

Zhejiang Red Dragonfly Footwear Co., Ltd.’s Current Ratio is less than Topscore Fashion Co., Ltd. (3.66), less than Zhejiang Aokang Shoes Co., Ltd. (2.70), greater than Harson Trading (China) Co.,Ltd. (1.46), less than Anzheng Fashion Group Co., Ltd. (2.66), greater than Guangdong Wanlima Industry Co. ,Ltd (0.92), less than Shenzhen Ellassay Fashion Co.,Ltd. (2.58), greater than Huatian Hotel Group Co.,Ltd. (0.29), greater than Guangdong Modern High-tech Fiber Co., Ltd (1.00), greater than Zhuhai Zhongfu Enterprise Co.,Ltd (0.29), greater than Dalian Friendship (Group) Co., Ltd. (0.35),

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