603602.SS
Price:
$14.61
Market Cap:
$3.38B
Hangzhou Freely Communication Co., Ltd. provides communication network technology services in China. It offers indoor distribution system technical services; integrated access technology services; base station installation engineering services; antenna engineering services; and communication network services. It serves telecom operators. Hangzhou Freely Communication Co., Ltd. was founded in 2006 and is based in Hangzhou, China.
Industry
Telecommunications Services
IPO Date
2017-08-10
Stock Exchange
SHH
Ticker
603602.SS
According to Hangzhou Freely Communication Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.34. This represents a change of -0.32% compared to the average of 1.35 of the last 4 quarters.
The mean historical Current Ratio of Hangzhou Freely Communication Co., Ltd. over the last ten years is 2.02. The current 1.34 Current Ratio has changed 6.54% with respect to the historical average. Over the past ten years (40 quarters), 603602.SS's Current Ratio was at its highest in in the March 2018 quarter at 3.10. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
2.02
Median
1.95
Minimum
1.36
Maximum
2.73
Discovering the peaks and valleys of Hangzhou Freely Communication 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 = 54.43%
Maximum Annual Current Ratio = 2.73
Minimum Annual Increase = -29.10%
Minimum Annual Current Ratio = 1.36
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.36 | -29.10% |
| 2023 | 1.92 | -1.00% |
| 2022 | 1.94 | -1.71% |
| 2021 | 1.97 | -14.08% |
| 2020 | 2.29 | 8.26% |
| 2019 | 2.12 | -13.39% |
| 2018 | 2.45 | -10.49% |
| 2017 | 2.73 | 54.43% |
| 2016 | 1.77 | 6.22% |
| 2015 | 1.67 | -14.72% |
The current Current Ratio of Hangzhou Freely Communication Co., Ltd. (603602.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
1.74
5-year avg
1.90
10-year avg
2.02
Hangzhou Freely Communication Co., Ltd.’s Current Ratio is less than Hangzhou Huaxing Chuangye Communication Technology Co., Ltd. (1.68), less than Dingli Corp., Ltd. (3.12), less than Shanxi Kexin Development Co., Ltd. Class A (1.76), greater than Shaanxi Broadcast & TV Network Intermediary(Group)Co.,Ltd. (0.82), greater than Beijing Jingxi Culture & Tourism Co.,Ltd (0.74), greater than Fuchun Technology Co., Ltd. (0.99), less than Beijing Quanshi World Online Network Information Co., Ltd. (3.02), less than Simei Media Co.,Ltd. (1.82), less than Tangel Culture Co., Ltd. (5.74), less than DuZhe Publish&Media Co.,Ltd (4.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.68 | $3.12B | |
| 3.12 | $3.17B | |
| 1.76 | $3.01B | |
| 0.82 | $3.23B | |
| 0.74 | $3.29B | |
| 0.99 | $5.29B | |
| 3.02 | $3.06B | |
| 1.82 | $3.19B | |
| 5.74 | $3.82B | |
| 4.05 | $4.18B |
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