603131.SS
Price:
$14.55
Market Cap:
$4.90B
Shanghai Hugong Electric Group Co.,Ltd., founded in 1958 and headquartered in Shanghai, China, is a prominent manufacturer and distributor of an extensive range of welding and cutting systems. The company's product portfolio includes various welding apparatus such as stick, MIG/MAG, TIG, plasma, submerged arc, and engine-driven welders. They also provide advanced cutting solutions, featuring fiber laser cutting machines, plate-pipe complexes, as well as CNC flame, plasma, and pipe intersection cutting equipment. Beyond standard machinery, Shanghai Hugong Electric Group develops and supplies sophisticated automated welding production lines for the automotive industry and its suppliers, encomp...[Read more]
Industry
Industrial - Machinery
IPO Date
2016-06-07
Stock Exchange
SHH
Ticker
603131.SS
According to Shanghai Hugong Electric Group Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.41. This represents a change of -3.08% compared to the average of 3.52 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Hugong Electric Group Co.,Ltd. over the last ten years is 3.02. The current 3.41 Current Ratio has changed 11.21% with respect to the historical average. Over the past ten years (40 quarters), 603131.SS's Current Ratio was at its highest in in the September 2016 quarter at 4.87. The Current Ratio was at its lowest in in the December 2018 quarter at 2.45.
Average
3.02
Median
3.00
Minimum
2.45
Maximum
3.97
Discovering the peaks and valleys of Shanghai Hugong Electric Group 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 = 51.72%
Maximum Annual Current Ratio = 3.97
Minimum Annual Increase = -22.81%
Minimum Annual Current Ratio = 2.45
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.61 | -18.22% |
| 2024 | 3.20 | -1.78% |
| 2023 | 3.25 | 16.61% |
| 2022 | 2.79 | -0.76% |
| 2021 | 2.81 | -8.70% |
| 2020 | 3.08 | 4.84% |
| 2019 | 2.94 | 20.01% |
| 2018 | 2.45 | -20.06% |
| 2017 | 3.06 | -22.81% |
| 2016 | 3.97 | 51.72% |
The current Current Ratio of Shanghai Hugong Electric Group Co.,Ltd. (603131.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.02
5-year avg
2.93
10-year avg
3.02
Shanghai Hugong Electric Group Co.,Ltd.’s Current Ratio is greater than Juli Sling Co., Ltd. (1.26), greater than Foshan Golden Milky Way Intelligent Equipment Co., Ltd. (1.23), greater than Sichuan Crun Co., Ltd (1.61), greater than Hunan Yujing Machinery Co.,Ltd (1.18), greater than Beijing Aerospace Changfeng Co.,Ltd (1.62), greater than Miracle Automation Engineering Co.Ltd (1.00), greater than J.S. Corrugating Machinery Co., Ltd. (1.31), less than Allied Machinery Co., Ltd. (3.44), greater than Neway CNC Equipment (Suzhou) Co., Ltd. (1.31), greater than Longhua Technology Group Co.,Ltd. (1.91),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.26 | $7.54B | |
| 1.23 | $6.15B | |
| 1.61 | $8.19B | |
| 1.18 | $8.21B | |
| 1.62 | $6.10B | |
| 1.00 | $6.56B | |
| 1.31 | $4.63B | |
| 3.44 | $9.86B | |
| 1.31 | $9.66B | |
| 1.91 | $10.01B |
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