Ningbo Menovo Pharmaceutical Co., Ltd.

Ningbo Menovo Pharmaceutical Co., Ltd. - Current Ratioverified

603538.SS

Price:

$23.82

Market Cap:

$8.10B

Ningbo Menovo Pharmaceutical Co., Ltd. operates across the full spectrum of pharmaceutical activities, encompassing the research, development, production, and distribution of medicinal products. Their extensive product line features Active Pharmaceutical Ingredients (APIs), intermediate chemicals, and finished drug formulations. These offerings are designed to address a wide range of therapeutic areas, including cardiovascular, central nervous system, respiratory, oncological, anti-infective, digestive, and geriatric disorders, as well as antiviral treatments. The company commenced operations in 2004 and maintains its principal place of business in Ningbo, China.

Industry

Drug Manufacturers - Specialty & Generic

IPO Date

2017-04-10

Stock Exchange

SHH

Ticker

603538.SS

The Current Ratio as of October 2026 (TTM) for Ningbo Menovo Pharmaceutical Co., Ltd. (603538.SS) is 1.43

According to Ningbo Menovo Pharmaceutical Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.43. This represents a change of 1.94% compared to the average of 1.40 of the last 4 quarters.

Ningbo Menovo Pharmaceutical Co., Ltd. (603538.SS) Historical Current Ratio (quarterly & annually)

How has 603538.SS Current Ratio performed in the past?

The mean historical Current Ratio of Ningbo Menovo Pharmaceutical Co., Ltd. over the last ten years is 1.44. The current 1.43 Current Ratio has changed 9.79% with respect to the historical average. Over the past ten years (40 quarters), 603538.SS's Current Ratio was at its highest in in the March 2017 quarter at 3.45. The Current Ratio was at its lowest in in the September 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.44

Median

1.38

Minimum

1.02

Maximum

2.29

Ningbo Menovo Pharmaceutical Co., Ltd. (603538.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Menovo Pharmaceutical 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 = 45.60%

Maximum Annual Current Ratio = 2.29

Minimum Annual Increase = -39.75%

Minimum Annual Current Ratio = 1.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.4416.02%
20241.24-2.62%
20231.28-8.21%
20221.39-6.32%
20211.4845.60%
20201.02-21.37%
20191.30-5.82%
20181.38-39.75%
20172.2940.79%
20161.62-8.77%

Ningbo Menovo Pharmaceutical Co., Ltd. (603538.SS) Average Current Ratio

How has 603538.SS Current Ratio performed in the past?

The current Current Ratio of Ningbo Menovo Pharmaceutical Co., Ltd. (603538.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.32

5-year avg

1.37

10-year avg

1.44

Ningbo Menovo Pharmaceutical Co., Ltd. (603538.SS) Current Ratio vs. Peers

How is 603538.SS’s Current Ratio compared to its peers?

Ningbo Menovo Pharmaceutical Co., Ltd.’s Current Ratio is less than HPGC Renmintongtai Pharmaceutical Corporation (1.71), less than Fuan Pharmaceutical (Group) Co., Ltd. (2.23), greater than Hunan Fangsheng Pharmaceutical Co., Ltd. (0.95), less than Beijing Beilu Pharmaceutical Co., Ltd (2.64), greater than Jinhe Biotechnology Co. Ltd. (1.18), less than Tibet Weixinkang Medicine Co., Ltd. (3.62), less than Tianjin Lisheng Pharmaceutical Co.,Ltd. (4.76), less than Yabao Pharmaceutical Group Co., Ltd (3.81), less than Teyi Pharmaceutical Group Co.,Ltd (1.59), less than LanZhou Foci Pharmaceutical Co.,Ltd. (2.88),

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