603618.SS
Price:
$7.83
Market Cap:
$5.41B
Hangzhou Cable Co., Ltd. engages in the research, development, manufacture, and sale of wires and cables in China and internationally. The company's products include high voltage, power, overhead, control, mineral insulation, mining, and rubber cables, as well as aluminum alloy, overhead, and plastic wires. It also provides high-voltage temperature-measuring cables, steel-core aluminum alloy wires, and heat-resistant aluminum alloy wires for transmission projects. Hangzhou Cable Co., Ltd. was founded in 1958 and is headquartered in Hangzhou, China.
Industry
Electrical Equipment & Parts
IPO Date
2015-02-17
Stock Exchange
SHH
Ticker
603618.SS
According to Hangzhou Cable Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.27. This represents a change of -0.19% compared to the average of 1.27 of the last 4 quarters.
The mean historical Current Ratio of Hangzhou Cable Co., Ltd. over the last ten years is 1.48. The current 1.27 Current Ratio has changed 8.48% with respect to the historical average. Over the past ten years (40 quarters), 603618.SS's Current Ratio was at its highest in in the March 2017 quarter at 2.04. The Current Ratio was at its lowest in in the December 2023 quarter at 1.19.
Average
1.48
Median
1.47
Minimum
1.19
Maximum
1.96
Discovering the peaks and valleys of Hangzhou Cable 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 = 29.43%
Maximum Annual Current Ratio = 1.96
Minimum Annual Increase = -34.55%
Minimum Annual Current Ratio = 1.19
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.26 | 6.43% |
| 2023 | 1.19 | -14.30% |
| 2022 | 1.39 | 6.08% |
| 2021 | 1.31 | -21.93% |
| 2020 | 1.67 | 4.27% |
| 2019 | 1.60 | 3.40% |
| 2018 | 1.55 | 20.77% |
| 2017 | 1.28 | -34.55% |
| 2016 | 1.96 | 24.08% |
| 2015 | 1.58 | 29.43% |
The current Current Ratio of Hangzhou Cable Co., Ltd. (603618.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
1.28
5-year avg
1.36
10-year avg
1.48
Hangzhou Cable Co., Ltd.’s Current Ratio is less than Ocean's King Lighting Science & Technology Co., Ltd. (3.22), less than Citychamp Dartong Co.,Ltd. (1.36), less than Jiangsu Ankura Intelligent Power Co., Ltd. (3.66), less than Shenzhen INVT Electric Co.,Ltd (1.83), greater than Shenzhen Highpower Technology Co., Ltd. (1.07), less than Beijing New Space Technology Co., Ltd. (3.29), less than Zhejiang grandwall electric science&technology co.,ltd. (1.32), less than Guangzhou Haoyang Electronic Co.,Ltd. (7.63), greater than Suzhou Huazhijie Telecom Co (0), less than Tianjin Jingwei Huikai Optoelectronic Co., Ltd. (1.88),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.22 | $5.23B | |
| 1.36 | $5.79B | |
| 3.66 | $5.13B | |
| 1.83 | $5.51B | |
| 1.07 | $5.26B | |
| 3.29 | $5.07B | |
| 1.32 | $5.43B | |
| 7.63 | $5.45B | |
| 0 | $5.16B | |
| 1.88 | $4.82B |
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