603656.SS
Price:
$23.27
Market Cap:
$4.18B
Hefei Taihe Optoelectronic Technology Co., Ltd. engages in the research and development, production, marketing, installation, and technical services of artificial intelligence, control technology, and robot systems. Its products include intelligent sorting system for dried fruits, bean color sorter, photoelectric intelligent dry type coal separator, observation rice color sorter, ores color sorter, cashew nuts color sorter, plastic color sorter, coffee beans color sorter, integrated x-ray inspection system for bulk material, grain color sorter, intelligent fruit grading system, tea color sorter, and infrared series color sorters. The company was founded in 2004 and is based in Hefei, China.
Industry
Industrial - Machinery
IPO Date
2017-03-21
Stock Exchange
SHH
Ticker
603656.SS
According to Hefei Taihe Optoelectronic Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of -34.89% compared to the average of 3.12 of the last 4 quarters.
The mean historical Current Ratio of Hefei Taihe Optoelectronic Technology Co., Ltd. over the last ten years is 4.97. The current 2.03 Current Ratio has changed 3.99% with respect to the historical average. Over the past ten years (40 quarters), 603656.SS's Current Ratio was at its highest in in the June 2019 quarter at 10.30. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
4.97
Median
4.17
Minimum
2.92
Maximum
8.04
Discovering the peaks and valleys of Hefei Taihe Optoelectronic 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 = 129.86%
Maximum Annual Current Ratio = 8.04
Minimum Annual Increase = -47.93%
Minimum Annual Current Ratio = 2.92
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.16 | -12.26% |
| 2023 | 4.74 | 56.53% |
| 2022 | 3.03 | -25.51% |
| 2021 | 4.06 | -2.87% |
| 2020 | 4.18 | -47.93% |
| 2019 | 8.04 | -0.04% |
| 2018 | 8.04 | 9.41% |
| 2017 | 7.35 | 129.86% |
| 2016 | 3.20 | 9.62% |
| 2015 | 2.92 | -10.55% |
The current Current Ratio of Hefei Taihe Optoelectronic Technology Co., Ltd. (603656.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
3.97
5-year avg
4.03
10-year avg
4.97
Hefei Taihe Optoelectronic Technology Co., Ltd.’s Current Ratio is less than Shanghai SK Petroleum & Chemical Equipment Corporation Ltd. (2.34), less than Hangzhou Jizhi Mechatronic Co., Ltd. (2.59), greater than Changyuan Technology Group Ltd. (0.97), greater than JiangSu Zhenjiang New Energy Equipment Co., Ltd. (0.92), greater than KraussMaffei Company Limited (1.25), greater than Jin Tong Ling Technology Group Co., Ltd. (0.76), less than Zhongjin Irradiation Incorporated Company (5.02), greater than Sichuan Shudao Equipment & Technology Co.,Ltd. (1.61), less than Jiangsu Rutong Petro-Machinery Co., Ltd (8.94), less than MH Robot & Automation Co., Ltd. (2.50),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.34 | $4.24B | |
| 2.59 | $3.90B | |
| 0.97 | $4.88B | |
| 0.92 | $4.41B | |
| 1.25 | $4.32B | |
| 0.76 | $4.48B | |
| 5.02 | $4.53B | |
| 1.61 | $4.35B | |
| 8.94 | $4.64B | |
| 2.50 | $4.18B |
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