603488.SS
Price:
$7.81
Market Cap:
$2.28B
Flying Technology Co., Ltd. manufactures and sells elevator door systems, elevator integrated control systems, elevator accessories, and car assembly products in China. The company was formerly known as Wuxi City Zhan Peng Technology Company Limited. The company was founded in 2001 and is headquartered in Wuxi, China.
Industry
Industrial - Machinery
IPO Date
2017-05-16
Stock Exchange
SHH
Ticker
603488.SS
According to Flying Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.12. This represents a change of -19.78% compared to the average of 2.64 of the last 4 quarters.
The mean historical Current Ratio of Flying Technology Co., Ltd. over the last ten years is 5.46. The current 2.12 Current Ratio has changed 3.79% with respect to the historical average. Over the past ten years (40 quarters), 603488.SS's Current Ratio was at its highest in in the March 2018 quarter at 10.59. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
5.46
Median
4.89
Minimum
2.89
Maximum
8.46
Discovering the peaks and valleys of Flying Technology 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 = 110.32%
Maximum Annual Current Ratio = 8.46
Minimum Annual Increase = -37.90%
Minimum Annual Current Ratio = 2.89
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.89 | -37.90% |
| 2023 | 4.66 | 2.25% |
| 2022 | 4.56 | -11.13% |
| 2021 | 5.13 | -14.13% |
| 2020 | 5.97 | -21.63% |
| 2019 | 7.62 | -3.10% |
| 2018 | 7.86 | -7.04% |
| 2017 | 8.46 | 110.32% |
| 2016 | 4.02 | 18.95% |
| 2015 | 3.38 | 21.79% |
The current Current Ratio of Flying Technology Co., Ltd. (603488.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
4.04
5-year avg
4.64
10-year avg
5.46
Flying Technology Co., Ltd.’s Current Ratio is greater than General Elevator Co., Ltd (2.10), less than QingHai HuaDing Industrial CO.,LTD. (2.43), greater than Zhejiang Three Stars New Materials Co., Ltd. (1.07), greater than Yorhe Fluid Intelligent Control Co., Ltd. (0.74), greater than Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. (1.51), greater than Shenzhen S-king Intelligent Equipment Co., Ltd. (1.60), greater than Wuxi Lihu Corporation Limited. (2.04), greater than Shenzhen HEKEDA Precision Cleaning Equipment Co., Ltd. (1.94), greater than Changzhou Shenli Electrical Machine Incorporated Company (1.54), greater than Xuancheng Valin Precision Technology Co., Ltd. (0.76),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.10 | $2.67B | |
| 2.43 | $2.18B | |
| 1.07 | $2.20B | |
| 0.74 | $2.88B | |
| 1.51 | $2.22B | |
| 1.60 | $2.47B | |
| 2.04 | $2.58B | |
| 1.94 | $2.07B | |
| 1.54 | $2.43B | |
| 0.76 | $1.84B |
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