603755.SS
Price:
$33.34
Market Cap:
$3.24B
Qingdao Richen Foods Co., Ltd. engages in the research and development, production, and sale of compound seasonings for food processing and catering companies in China. It offers liquid and powder seasonings, sauces, powder coatings, paste coatings, and other products. The company's products are used in various types of barbecue, fried food, and prepared food production. It provides services to the catering market, as well as a range of product solutions for various supermarkets and catering chain enterprises under the Taste Story brand; and export food processing companies of poultry products, aquatic products, vegetable products, etc. The company exports its products primarily to Asia, Eur...[Read more]
Industry
Packaged Foods
IPO Date
2020-08-27
Stock Exchange
SHH
Ticker
603755.SS
According to Qingdao Richen Foods Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -13.90% compared to the average of 1.49 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Richen Foods Co., Ltd. over the last ten years is 4.50. The current 1.28 Current Ratio has changed 2.75% with respect to the historical average. Over the past ten years (40 quarters), 603755.SS's Current Ratio was at its highest in in the June 2020 quarter at 13.25. The Current Ratio was at its lowest in in the September 2018 quarter at 0.
Average
4.50
Median
3.56
Minimum
1.52
Maximum
11.92
Discovering the peaks and valleys of Qingdao Richen Foods 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 = 177.80%
Maximum Annual Current Ratio = 11.92
Minimum Annual Increase = -59.84%
Minimum Annual Current Ratio = 1.52
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.66 | 9.32% |
| 2023 | 1.52 | -22.09% |
| 2022 | 1.95 | -51.15% |
| 2021 | 3.99 | -59.84% |
| 2020 | 9.94 | -16.65% |
| 2019 | 11.92 | 177.80% |
| 2018 | 4.29 | 8.02% |
| 2017 | 3.97 | 25.93% |
| 2016 | 3.16 | 22.75% |
| 2015 | 2.57 | 1.69% |
The current Current Ratio of Qingdao Richen Foods Co., Ltd. (603755.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
1.71
5-year avg
3.81
10-year avg
4.50
Qingdao Richen Foods Co., Ltd.’s Current Ratio is less than Zhengzhou Qianweiyangchu Food Co., Ltd. (2.00), less than Fortune Ng Fung Food (Hebei) Co.,Ltd (3.41), less than Suzhou Weizhixiang Food Co., Ltd. (5.77), less than Petpal Pet Nutrition Technology Co., Ltd. (8.71), greater than Shenzhen Kingsino Technology Co.,Ltd. (0.45), greater than Zhanjiang Guolian Aquatic Products Co., Ltd. (1.09), greater than Daodaoquan Grain and Oil Co.,Ltd. (1.07), less than Wenzhou Yuanfei pet toy products Co., Ltd. (5.58), less than Zhongjing Food Co., Ltd. (5.38), greater than Xiwang Foodstuffs Co.,Ltd. (1.27),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.00 | $3.89B | |
| 3.41 | $4.63B | |
| 5.77 | $3.61B | |
| 8.71 | $4.49B | |
| 0.45 | $4.69B | |
| 1.09 | $4.29B | |
| 1.07 | $3.71B | |
| 5.58 | $3.88B | |
| 5.38 | $4.18B | |
| 1.27 | $3.91B |
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