Zhejiang Meilun Elevator Co., Ltd.

Zhejiang Meilun Elevator Co., Ltd.verified

603321.SS

Price:

$7.69

Market Cap:

$2.68B

Zhejiang Meilun Elevator Co., Ltd. designs, manufactures, and sells elevators and escalators in China. It offers passenger elevators, freight elevators, moving walks, and three-dimensional garages; and straight ladders, sidewalks, etc. The company was founded in 1979 and is based in Shaoxing, China.

Industry

Industrial - Machinery

IPO Date

2017-09-18

Stock Exchange

SHH

Ticker

603321.SS

The Current Ratio as of December 2025 (TTM) for Zhejiang Meilun Elevator Co., Ltd. (603321.SS) is 2.22

According to Zhejiang Meilun Elevator Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.22. This represents a change of 18.49% compared to the average of 1.87 of the last 4 quarters.

Zhejiang Meilun Elevator Co., Ltd. (603321.SS) Historical Current Ratio (quarterly & annually)

How has 603321.SS Current Ratio performed in the past?

The mean historical Current Ratio of Zhejiang Meilun Elevator Co., Ltd. over the last ten years is 1.68. The current 2.22 Current Ratio has changed 13.11% with respect to the historical average. Over the past ten years (40 quarters), 603321.SS's Current Ratio was at its highest in in the March 2019 quarter at 2.61. The Current Ratio was at its lowest in in the September 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.68

Median

1.52

Minimum

1.28

Maximum

2.32

Zhejiang Meilun Elevator Co., Ltd. (603321.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Zhejiang Meilun Elevator 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 = 57.60%

Maximum Annual Current Ratio = 2.32

Minimum Annual Increase = -31.51%

Minimum Annual Current Ratio = 1.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.677.55%
20231.569.77%
20221.4210.56%
20211.28-3.97%
20201.33-31.51%
20191.95-16.03%
20182.320.13%
20172.3257.60%
20161.47-0.61%
20151.4812.59%

Zhejiang Meilun Elevator Co., Ltd. (603321.SS) Average Current Ratio

How has 603321.SS Current Ratio performed in the past?

The current Current Ratio of Zhejiang Meilun Elevator Co., Ltd. (603321.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.55

5-year avg

1.45

10-year avg

1.68

Zhejiang Meilun Elevator Co., Ltd. (603321.SS) Current Ratio vs. Peers

How is 603321.SS’s Current Ratio compared to its peers?

Zhejiang Meilun Elevator Co., Ltd.’s Current Ratio is greater than IFE Elevators Co., Ltd. (1.81), greater than General Elevator Co., Ltd (2.10), greater than Shanghai Supezet Engineering Technology Corp., Ltd. (1.10), greater than Kehua Holdings Co., Ltd. (1.30), less than Ningbo Lian Technology Co Ltd (2.55), greater than Zhejiang Canaan Technology Limited (1.37), less than ZHEJIANG DIBAY ELECTRIC CO.,Ltd. (4.27), greater than Suzhou Harmontronics Automation Technology Co., Ltd (0.74), greater than Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (1.16), greater than Jiangsu Tongda Power Technology Co.,Ltd. (2.16),

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