603878.SS
Price:
$10.79
Market Cap:
$6.05B
Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. researches, develops, manufactures, and sells stainless steel and nickel alloy seamless pipes, welded pipes, fittings, and flanges in China and internationally. Its products are primarily used in the power station boiler, nuclear power, petroleum, petrochemical, chemical, coal chemical, salt chemical, LNG, photovoltaic power generation, solar thermal electric power generation, ship and ocean engineering, pressure vessel, and machinery manufacturing industries. The company was founded in 1970 and is based in Changzhou, China.
Industry
Steel
IPO Date
2016-12-20
Stock Exchange
SHH
Ticker
603878.SS
According to Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD.’s latest financial reports and current stock price. The company's current Current Ratio is 2.31. This represents a change of -2.59% compared to the average of 2.37 of the last 4 quarters.
The mean historical Current Ratio of Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. over the last ten years is 3.09. The current 2.31 Current Ratio has changed 7.37% with respect to the historical average. Over the past ten years (40 quarters), 603878.SS's Current Ratio was at its highest in in the December 2016 quarter at 5.23. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
3.09
Median
2.83
Minimum
1.88
Maximum
5.23
Discovering the peaks and valleys of Jiangsu Wujin Stainless Steel Pipe 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 = 178.46%
Maximum Annual Current Ratio = 5.23
Minimum Annual Increase = -24.44%
Minimum Annual Current Ratio = 1.88
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.55 | -16.89% |
| 2023 | 3.07 | 26.41% |
| 2022 | 2.43 | -2.32% |
| 2021 | 2.48 | -4.58% |
| 2020 | 2.60 | -22.55% |
| 2019 | 3.36 | 1.19% |
| 2018 | 3.32 | -16.01% |
| 2017 | 3.95 | -24.44% |
| 2016 | 5.23 | 178.46% |
| 2015 | 1.88 | 22.66% |
The current Current Ratio of Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (603878.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
2.68
5-year avg
2.62
10-year avg
3.09
Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD.’s Current Ratio is greater than Jiangsu Changbao Steeltube Co.,Ltd (2.08), greater than Zhe Jiang Kangsheng Co.,Ltd. (1.47), greater than Henan Hengxing Science & Technology Co.,Ltd. (0.77), greater than Hang Xiao Steel Structure Co., Ltd. (1.15), greater than Shengtak New Material Co., Ltd (1.21), greater than Shenzhen WOTE Advanced Materials Co., Ltd (1.43), greater than Lingyuan Iron & Steel Co., Ltd. (0.44), less than Zhejiang Kingland Pipeline and Technologies Co.,Ltd. (4.54), less than Lecron Industrial Development Group Co., Ltd. (2.86), greater than Shenzhen Cotran New Material Co.,Ltd. (1.47),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.08 | $7.08B | |
| 1.47 | $5.23B | |
| 0.77 | $4.63B | |
| 1.15 | $6.53B | |
| 1.21 | $3.73B | |
| 1.43 | $5.23B | |
| 0.44 | $6.09B | |
| 4.54 | $4.12B | |
| 2.86 | $6.38B | |
| 1.47 | $6.06B |
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