Sobute New Materials Co., Ltd

Sobute New Materials Co., Ltdverified

603916.SS

Price:

$9.62

Market Cap:

$4.10B

Sobute New Materials Co., Ltd engages in the research, development, production, and sale of concrete admixtures in Mainland China, Pakistan, Bangladesh, and Hong Kong. The company offers superplasticizers and superaccelerators/strength-enhancers, as well as pre-stressed, common grouting, and spray and fiber concrete materials; and durability materials, transportation engineering materials, and waterproof and repair materials. Its products are used in the construction of various projects, including bridge, nuclear and hydropower station, high speed railway, water diversion, tunnel, etc. The company is based in Nanjing, China.

Industry

Construction Materials

IPO Date

2017-11-10

Stock Exchange

SHH

Ticker

603916.SS

The Current Ratio as of December 2025 (TTM) for Sobute New Materials Co., Ltd (603916.SS) is 2.09

According to Sobute New Materials Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.09. This represents a change of -3.60% compared to the average of 2.16 of the last 4 quarters.

Sobute New Materials Co., Ltd (603916.SS) Historical Current Ratio (quarterly & annually)

How has 603916.SS Current Ratio performed in the past?

The mean historical Current Ratio of Sobute New Materials Co., Ltd over the last ten years is 1.78. The current 2.09 Current Ratio has changed 11.63% with respect to the historical average. Over the past ten years (40 quarters), 603916.SS's Current Ratio was at its highest in in the March 2023 quarter at 2.81. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

1.78

Median

1.74

Minimum

1.13

Maximum

2.39

Sobute New Materials Co., Ltd (603916.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sobute New Materials 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 = 67.47%

Maximum Annual Current Ratio = 2.39

Minimum Annual Increase = -16.00%

Minimum Annual Current Ratio = 1.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.394.41%
20232.29-2.05%
20222.3432.14%
20211.773.87%
20201.7018.87%
20191.43-11.99%
20181.63-16.00%
20171.9467.47%
20161.162.42%
20151.13-6.88%

Sobute New Materials Co., Ltd (603916.SS) Average Current Ratio

How has 603916.SS Current Ratio performed in the past?

The current Current Ratio of Sobute New Materials Co., Ltd (603916.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

2.34

5-year avg

2.10

10-year avg

1.78

Sobute New Materials Co., Ltd (603916.SS) Current Ratio vs. Peers

How is 603916.SS’s Current Ratio compared to its peers?

Sobute New Materials Co., Ltd’s Current Ratio is greater than Jiangxi Wannianqing Cement Co., Ltd. (1.74), less than Longyan Kaolin Clay Co., Ltd. (3.48), greater than Guangdong Sanhe Pile Co., Ltd. (1.28), greater than China Railway Prefabricated Construction Co., Ltd. (0.80), greater than Zhejiang Jianfeng Group Co., Ltd. (1.00), less than Lets Holdings Group Co., Ltd. (2.68), less than Shanghai Huide Science & Technology Co.,Ltd (2.59), greater than Zhejiang Huada New Materials Co., Ltd. (1.15), greater than Ruitai Materials Technology Co., Ltd. (1.17), greater than Shandong Head Group Co.,Ltd. (1.78),

Build a custom stock screener for Sobute New Materials Co., Ltd (603916.SS) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Sobute New Materials Co., Ltd using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Sobute New Materials Co., Ltd (603916.SS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Sobute New Materials Co., Ltd or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Sobute New Materials Co., Ltd's Current Ratio?

How is the Current Ratio calculated for Sobute New Materials Co., Ltd (603916.SS)?

What is the highest Current Ratio for Sobute New Materials Co., Ltd (603916.SS)?

What is the 3-year average Current Ratio for Sobute New Materials Co., Ltd (603916.SS)?

What is the 5-year average Current Ratio for Sobute New Materials Co., Ltd (603916.SS)?

How does the current Current Ratio for Sobute New Materials Co., Ltd (603916.SS) compare to its historical average?