603309.SS
Price:
$13.76
Market Cap:
$4.02B
Well Lead Medical Co., Ltd. engages in the research, production, and sale of medical catheters in anaesthesia, urology, respiratory, and hemodialysis areas. It also provides drainage suction nutrition products. Its products are used in hospitals, in division operations, therapies, and emergency and clinical care areas. The company markets and sells its products in China, North America, Europe, and Japan. Well Lead Medical Co., Ltd. was founded in 2004 and is headquartered in Guangzhou, China.
Industry
Medical - Instruments & Supplies
IPO Date
2015-03-02
Stock Exchange
SHH
Ticker
603309.SS
According to Well Lead Medical Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.77. This represents a change of -3.23% compared to the average of 1.83 of the last 4 quarters.
The mean historical Current Ratio of Well Lead Medical Co., Ltd. over the last ten years is 3.08. The current 1.77 Current Ratio has changed 5.67% with respect to the historical average. Over the past ten years (40 quarters), 603309.SS's Current Ratio was at its highest in in the September 2016 quarter at 8.80. The Current Ratio was at its lowest in in the June 2021 quarter at 1.50.
Average
3.08
Median
1.97
Minimum
1.51
Maximum
6.19
Discovering the peaks and valleys of Well Lead Medical 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 = 271.64%
Maximum Annual Current Ratio = 6.19
Minimum Annual Increase = -72.82%
Minimum Annual Current Ratio = 1.51
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.67 | -10.06% |
| 2023 | 1.85 | -11.03% |
| 2022 | 2.08 | -8.85% |
| 2021 | 2.28 | 25.38% |
| 2020 | 1.82 | 0.16% |
| 2019 | 1.82 | 20.15% |
| 2018 | 1.51 | -72.82% |
| 2017 | 5.57 | -6.64% |
| 2016 | 5.97 | -3.62% |
| 2015 | 6.19 | 271.64% |
The current Current Ratio of Well Lead Medical Co., Ltd. (603309.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
1.87
5-year avg
1.94
10-year avg
3.08
Well Lead Medical Co., Ltd.’s Current Ratio is greater than Shanghai Kindly Enterprise Development Group Co.,LTD. (1.71), less than Zhejiang Gongdong Medical Technology Co.,Ltd. (3.08), less than Touchstone International Medical Science Co., Ltd. (6.35), greater than Jiangxi Sanxin Medtec Co.,Ltd. (1.49), greater than ZhuZhou QianJin Pharmaceutical Co.,Ltd (1.40), less than Getein Biotech, Inc (2.32), less than Hangzhou Alltest Biotech Co., Ltd. (8.88), less than Jiangsu Apon Medical Technology Co., Ltd. (3.23), greater than Hvsen Biotechnology Co., Ltd. (1.70), less than Cabio Biotech (Wuhan) Co., Ltd. (5.79),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.71 | $3.84B | |
| 3.08 | $4.13B | |
| 6.35 | $4.12B | |
| 1.49 | $4.73B | |
| 1.40 | $4.40B | |
| 2.32 | $4.28B | |
| 8.88 | $5.08B | |
| 3.23 | $3.43B | |
| 1.70 | $3.94B | |
| 5.79 | $3.89B |
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