603231.SS
Price:
$19.42
Market Cap:
$2.56B
Solbar Ningbo Protein Technology Co., Ltd. engages in the research and development, production, and sale of soybean protein products in China and internationally. It offers functional and textured soy protein concentrates, textured soy proteins, textured fibrous vegetable proteins, isolated soy proteins, and defatted soy flours. The company provides products through its network of distributors, as well as through direct sales to multi-national customers. Solbar Ningbo Protein Technology Co., Ltd. was founded in 2003 and is based in Ningbo, China.
Industry
Packaged Foods
IPO Date
2023-12-15
Stock Exchange
SHH
Ticker
603231.SS
According to Solbar Ningbo Protein Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 6.79. This represents a change of -3.02% compared to the average of 7.01 of the last 4 quarters.
The mean historical Current Ratio of Solbar Ningbo Protein Technology Co., Ltd. over the last ten years is 3.62. The current 6.79 Current Ratio has changed 18.68% with respect to the historical average. Over the past ten years (40 quarters), 603231.SS's Current Ratio was at its highest in in the March 2024 quarter at 8.17. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
3.62
Median
2.67
Minimum
1.59
Maximum
6.80
Discovering the peaks and valleys of Solbar Ningbo Protein Technology 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 = 297.71%
Maximum Annual Current Ratio = 6.80
Minimum Annual Increase = -49.43%
Minimum Annual Current Ratio = 1.59
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.80 | 7.44% |
| 2023 | 6.33 | 297.71% |
| 2022 | 1.59 | -4.37% |
| 2021 | 1.66 | -49.43% |
| 2020 | 3.29 | 61.05% |
The current Current Ratio of Solbar Ningbo Protein Technology Co., Ltd. (603231.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.90
5-year avg
3.93
10-year avg
3.62
Solbar Ningbo Protein Technology Co., Ltd.’s Current Ratio is greater than Qingdao Foods CO.,LTD. (4.14), greater than Guangdong Yantang Dairy Co., Ltd. (1.77), less than Guangdong Jialong Food Co., Ltd. (10.70), less than Shanghai Menon Animal Nutrition Technology Co., Ltd. (7.18), greater than HaiXin Foods Co.,Ltd (1.27), greater than Zuming Bean Products Co., Ltd (0.60), greater than Baiyang Investment Group, Inc. (1.74), greater than Shandong Huifa Foodstuff Co.,Ltd. (0.68), less than Tianjin Guifaxiang 18th Street Mahua Food Co.,Ltd. (7.61), less than Anji Foodstuff Co., Ltd (10.17),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.14 | $2.91B | |
| 1.77 | $2.79B | |
| 10.70 | $2.70B | |
| 7.18 | $2.57B | |
| 1.27 | $5.29B | |
| 0.60 | $2.71B | |
| 1.74 | $2.46B | |
| 0.68 | $3.37B | |
| 7.61 | $2.55B | |
| 10.17 | $4.58B |
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