Ningbo Water Meter (Group) Co., Ltd.

Ningbo Water Meter (Group) Co., Ltd.verified

603700.SS

Price:

$13.02

Market Cap:

$2.60B

Ningbo Water Meter (Group) Co., LTD. manufactures and sells water meters in China and internationally. The company offers multi and single-jet, volumetric rotary piston, woltmann, ultrasonic, AWWA standard, and batch control water meters; heat, oscillating, pre-payment, and electronic magnetic flow meters; test bench products; and water meter boxes, as well as spare parts for water meters. It also provides water management solutions for domestic, industrial, and irrigative uses. The company was founded in 1958 and is based in Ningbo, China.

Industry

Electrical Equipment & Parts

IPO Date

2019-01-28

Stock Exchange

SHH

Ticker

603700.SS

The Current Ratio as of December 2025 (TTM) for Ningbo Water Meter (Group) Co., Ltd. (603700.SS) is 2.27

According to Ningbo Water Meter (Group) Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.27. This represents a change of -4.63% compared to the average of 2.38 of the last 4 quarters.

Ningbo Water Meter (Group) Co., Ltd. (603700.SS) Historical Current Ratio (quarterly & annually)

How has 603700.SS Current Ratio performed in the past?

The mean historical Current Ratio of Ningbo Water Meter (Group) Co., Ltd. over the last ten years is 2.50. The current 2.27 Current Ratio has changed 8.97% with respect to the historical average. Over the past ten years (40 quarters), 603700.SS's Current Ratio was at its highest in in the March 2019 quarter at 4.99. The Current Ratio was at its lowest in in the September 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

2.50

Median

2.41

Minimum

1.71

Maximum

3.45

Ningbo Water Meter (Group) Co., Ltd. (603700.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Water Meter (Group) 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 = 51.10%

Maximum Annual Current Ratio = 3.45

Minimum Annual Increase = -29.48%

Minimum Annual Current Ratio = 1.71

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.39-1.18%
20232.4216.49%
20222.08-29.48%
20212.95-3.28%
20203.05-11.50%
20193.4551.10%
20182.285.69%
20172.16-12.83%
20162.4844.63%
20151.7143.66%

Ningbo Water Meter (Group) Co., Ltd. (603700.SS) Average Current Ratio

How has 603700.SS Current Ratio performed in the past?

The current Current Ratio of Ningbo Water Meter (Group) Co., Ltd. (603700.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

2.30

5-year avg

2.58

10-year avg

2.50

Ningbo Water Meter (Group) Co., Ltd. (603700.SS) Current Ratio vs. Peers

How is 603700.SS’s Current Ratio compared to its peers?

Ningbo Water Meter (Group) Co., Ltd.’s Current Ratio is less than Meter Instruments Co., Ltd. (6.39), greater than Jiangsu Liance Electromechanical Technology Co., Ltd. (2.21), less than Hangzhou Xili Intelligent Technology Co.,Ltd (3.43), greater than Beijing Yupont Electric Power Technology Co., Ltd. (2.09), less than Shenzhen Maxonic Automation Control Co., Ltd. (2.75), less than Lihe Technology (Hunan) Co., Ltd. (5.40), greater than Super-Dragon Engineering Plastics Co., Ltd (2.11), greater than Zhejiang Viewshine Intelligent Meter Co.,Ltd (1.66), greater than Sichuan Huati Lighting Technology Co.,Ltd. (2.09), less than Zhenhai Petrochemical Engineering Co. Ltd. (4.16),

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