603276.SS
Price:
$17.12
Market Cap:
$3.50B
Jiangsu Hengxing New Material Technology Co., Ltd engages in the research, development, and production of chemicals worldwide. It offers organic ketones, acids, esters, alcohols, aldehydes, ethers and acid anhydrides, etc. The company is based in Jiangsu, China.
Industry
Chemicals
IPO Date
2023-09-25
Stock Exchange
SHH
Ticker
603276.SS
According to Jiangsu Hengxing New Material’s latest financial reports and current stock price. The company's current Current Ratio is 8.79. This represents a change of -30.97% compared to the average of 12.73 of the last 4 quarters.
The mean historical Current Ratio of Jiangsu Hengxing New Material over the last ten years is 6.46. The current 8.79 Current Ratio has changed 13.51% with respect to the historical average. Over the past ten years (40 quarters), 603276.SS's Current Ratio was at its highest in in the September 2024 quarter at 25.36. The Current Ratio was at its lowest in in the March 2022 quarter at 0.
Average
6.46
Median
4.19
Minimum
1.21
Maximum
17.35
Discovering the peaks and valleys of Jiangsu Hengxing New Material 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 = 747.53%
Maximum Annual Current Ratio = 17.35
Minimum Annual Increase = -62.51%
Minimum Annual Current Ratio = 1.21
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 17.35 | 37.19% |
| 2023 | 12.64 | 747.53% |
| 2022 | 1.49 | 23.04% |
| 2021 | 1.21 | -45.32% |
| 2020 | 2.22 | -62.51% |
| 2019 | 5.91 | -29.31% |
| 2018 | 8.37 | 239.58% |
The current Current Ratio of Jiangsu Hengxing New Material (603276.SS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
10.49
5-year avg
6.98
10-year avg
6.46
Jiangsu Hengxing New Material’s Current Ratio is greater than Jiangsu Aoyang Health Industry Co.ltd. (0.65), greater than Shaoxing Xingxin New Materials Co Ltd (7.78), greater than Shandong Polymer Biochemicals Co., Ltd. (5.68), greater than Suli Co., Ltd. (2.28), greater than Voneseals Technology (Shanghai) Inc. (3.43), greater than Shanghai Yongguan Adhesive Products Corp., Ltd. (1.25), greater than Kaili Catalyst & New Materials Co.,Ltd. (1.26), greater than Guangdong Kitech New Material Holding Co.,Ltd. (1.90), less than Jiangsu Jiangnan High Polymer Fiber Co.,Ltd (14.68), greater than Luoyang Jianlong Micro-nano New Material Co., Ltd (3.19),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.65 | $3.26B | |
| 7.78 | $3.25B | |
| 5.68 | $3.73B | |
| 2.28 | $3.38B | |
| 3.43 | $3.15B | |
| 1.25 | $3.30B | |
| 1.26 | $3.08B | |
| 1.90 | $3.18B | |
| 14.68 | $3.91B | |
| 3.19 | $3.30B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Jiangsu Hengxing New Material using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Jiangsu Hengxing New Material or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Jiangsu Hengxing New Material's Current Ratio?
How is the Current Ratio calculated for Jiangsu Hengxing New Material (603276.SS)?
What is the highest Current Ratio for Jiangsu Hengxing New Material (603276.SS)?
What is the 3-year average Current Ratio for Jiangsu Hengxing New Material (603276.SS)?
What is the 5-year average Current Ratio for Jiangsu Hengxing New Material (603276.SS)?
How does the current Current Ratio for Jiangsu Hengxing New Material (603276.SS) compare to its historical average?