603320.SS
Price:
$18.22
Market Cap:
$2.72B
ZHEJIANG DIBAY ELECTRIC CO.,Ltd. engages in the research, development, manufacture, and sale of household and commercial compressor sealed motors and drive control products to various enterprises in China. It offers refrigerator, air conditioner, and aluminum wire refrigerator compressor motors for use in the refrigeration and heating equipment comprising refrigerators, central air conditioners, cold storage products, heat pumps, etc. The company was founded in 1993 and is based in Shengzhou, China.
Industry
Industrial - Machinery
IPO Date
2017-05-02
Stock Exchange
SHH
Ticker
603320.SS
According to ZHEJIANG DIBAY ELECTRIC CO.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.27. This represents a change of 27.20% compared to the average of 3.36 of the last 4 quarters.
The mean historical Current Ratio of ZHEJIANG DIBAY ELECTRIC CO.,Ltd. over the last ten years is 3.22. The current 4.27 Current Ratio has changed 13.15% with respect to the historical average. Over the past ten years (40 quarters), 603320.SS's Current Ratio was at its highest in in the December 2018 quarter at 5.37. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
3.22
Median
3.40
Minimum
1.62
Maximum
5.37
Discovering the peaks and valleys of ZHEJIANG DIBAY ELECTRIC 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 = 121.97%
Maximum Annual Current Ratio = 5.37
Minimum Annual Increase = -37.51%
Minimum Annual Current Ratio = 1.62
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.85 | -37.51% |
| 2023 | 2.96 | -17.34% |
| 2022 | 3.58 | 10.93% |
| 2021 | 3.23 | -10.07% |
| 2020 | 3.59 | -10.19% |
| 2019 | 3.99 | -25.63% |
| 2018 | 5.37 | 29.15% |
| 2017 | 4.16 | 121.97% |
| 2016 | 1.87 | 15.61% |
| 2015 | 1.62 | 27.59% |
The current Current Ratio of ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (603320.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.79
5-year avg
3.04
10-year avg
3.22
ZHEJIANG DIBAY ELECTRIC CO.,Ltd.’s Current Ratio is greater than Guangdong Yangshan United Precision Manufacturing Co., Ltd. (1.56), greater than Jiangsu Tongda Power Technology Co.,Ltd. (2.16), greater than Ningbo Lian Technology Co Ltd (2.55), greater than Shanghai Supezet Engineering Technology Corp., Ltd. (1.10), greater than Zhejiang Tederic Machinery Co., Ltd. (1.68), greater than Zhejiang Meilun Elevator Co., Ltd. (2.22), greater than Jiangsu Newamstar Packaging Machinery Co.,Ltd (1.22), greater than Zhejiang Weigang Technology Co., Ltd. (2.27), greater than IFE Elevators Co., Ltd. (1.81), greater than Kehua Holdings Co., Ltd. (1.30),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.56 | $4.09B | |
| 2.16 | $2.76B | |
| 2.55 | $2.80B | |
| 1.10 | $2.76B | |
| 1.68 | $2.89B | |
| 2.22 | $2.68B | |
| 1.22 | $3.66B | |
| 2.27 | $2.95B | |
| 1.81 | $3.13B | |
| 1.30 | $2.63B |
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