603348.SS
Price:
$19.5
Market Cap:
$6.13B
Wencan Group Co.,Ltd. researches, develops, manufactures, and sells automobile aluminum alloy precision die castings worldwide. The company's products have applications in engine systems, transmission systems, chassis systems, braking systems, body structure fields, and other auto parts in traditional fuel vehicles and new energy vehicles. It serves vehicle manufacturers and auto parts suppliers. The company was formerly known as Guangdong Wencan Die Casting Co., Ltd. and changed its name to Wencan Group Co.,Ltd. in July 2021. Wencan Group Co.,Ltd. was founded in 1998 and is headquartered in Foshan, China.
Industry
Auto - Parts
IPO Date
2018-05-09
Stock Exchange
SHH
Ticker
603348.SS
According to Wencan Group Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.93. This represents a change of -3.77% compared to the average of 0.96 of the last 4 quarters.
The mean historical Current Ratio of Wencan Group Co.,Ltd. over the last ten years is 1.28. The current 0.93 Current Ratio has changed 7.16% with respect to the historical average. Over the past ten years (40 quarters), 603348.SS's Current Ratio was at its highest in in the June 2019 quarter at 2.83. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
1.28
Median
1.10
Minimum
0.78
Maximum
2.37
Discovering the peaks and valleys of Wencan Group 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 = 133.53%
Maximum Annual Current Ratio = 2.37
Minimum Annual Increase = -53.18%
Minimum Annual Current Ratio = 0.78
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.92 | 13.81% |
| 2023 | 0.81 | -7.36% |
| 2022 | 0.87 | -27.40% |
| 2021 | 1.20 | 1.62% |
| 2020 | 1.18 | -50.01% |
| 2019 | 2.37 | 22.85% |
| 2018 | 1.93 | 88.50% |
| 2017 | 1.02 | 30.17% |
| 2016 | 0.78 | -53.18% |
| 2015 | 1.68 | 133.53% |
The current Current Ratio of Wencan Group Co.,Ltd. (603348.SS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.87
5-year avg
1.00
10-year avg
1.28
Wencan Group Co.,Ltd.’s Current Ratio is less than Dongfeng Electronic Technology Co.,Ltd. (1.57), less than Bafang Electric (Suzhou) Co.,Ltd. (4.26), less than Shentong Technology Group Co., Ltd (2.54), less than Zhejiang EV-Tech Co., Ltd. (1.26), less than Beijing SinoHytec Co., Ltd. (1.86), less than ZYNP Corporation (1.89), less than Shanghai Jiao Yun Group Co., Ltd. (3.45), less than Shenzhen Changhong Technology Co., Ltd. (2.97), less than Qingdao CHOHO Industrial Co., Ltd (1.37), greater than Jiangsu General Science Technology Co., Ltd. (0.78),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.57 | $6.55B | |
| 4.26 | $6.86B | |
| 2.54 | $6.19B | |
| 1.26 | $6.15B | |
| 1.86 | $6.47B | |
| 1.89 | $7.43B | |
| 3.45 | $6.13B | |
| 2.97 | $7.16B | |
| 1.37 | $5.42B | |
| 0.78 | $7.66B |
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