603218.SS
Price:
$12.97
Market Cap:
$13.27B
Riyue Heavy Industry Co., Ltd. manufactures and sells large and extra-large heavy duty equipment castings. The company's primary products include wind power turbine generator, heavy diesel engine, large plastic injection molding machine, large machining center, and giant mining machine series of castings. It also provides lement machine, gear box, centrifugal ingot mould, slider of machine, and fly-wheel gear series of castings, as well as heavy section ductile iron castings. The company is based in Ningbo, China.
Industry
Industrial - Machinery
IPO Date
2016-12-28
Stock Exchange
SHH
Ticker
603218.SS
According to Riyue Heavy Industry Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.48. This represents a change of -0.05% compared to the average of 2.48 of the last 4 quarters.
The mean historical Current Ratio of Riyue Heavy Industry Co., Ltd. over the last ten years is 2.75. The current 2.48 Current Ratio has changed 8.92% with respect to the historical average. Over the past ten years (40 quarters), 603218.SS's Current Ratio was at its highest in in the June 2021 quarter at 4.78. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
2.75
Median
2.72
Minimum
1.49
Maximum
4.06
Discovering the peaks and valleys of Riyue Heavy Industry 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 = 89.25%
Maximum Annual Current Ratio = 4.06
Minimum Annual Increase = -30.38%
Minimum Annual Current Ratio = 1.49
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.64 | 3.72% |
| 2023 | 2.54 | -1.74% |
| 2022 | 2.59 | -8.48% |
| 2021 | 2.83 | -30.38% |
| 2020 | 4.06 | 57.95% |
| 2019 | 2.57 | -11.73% |
| 2018 | 2.91 | -5.55% |
| 2017 | 3.08 | 9.57% |
| 2016 | 2.81 | 89.25% |
| 2015 | 1.49 | 21.10% |
The current Current Ratio of Riyue Heavy Industry Co., Ltd. (603218.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
2.93
10-year avg
2.75
Riyue Heavy Industry Co., Ltd.’s Current Ratio is greater than Windey Energy Technology Group Co., Ltd. (0.91), greater than BOZHON Precision Industry Technology Co.,Ltd (1.54), less than Hangzhou Honghua Digital Technology Stock Company Ltd. (3.12), greater than Xi'an Shaangu Power Co., Ltd. (1.47), greater than Shenzhen Hopewind Electric Co., Ltd. (2.45), greater than Zhejiang Dun'an Artificial Environment Co., Ltd (1.84), greater than Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (2.00), greater than Weichai Heavy Machinery Co., Ltd. (0.96), greater than Wuxi Huaguang Environment & Energy Group Co.,Ltd. (1.05), greater than Kaishan Group Co., Ltd. (0.87),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.91 | $14.81B | |
| 1.54 | $15.11B | |
| 3.12 | $13.86B | |
| 1.47 | $17.91B | |
| 2.45 | $14.22B | |
| 1.84 | $13.28B | |
| 2.00 | $13.30B | |
| 0.96 | $12.69B | |
| 1.05 | $17.64B | |
| 0.87 | $14.17B |
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