603985.SS
Price:
$14.43
Market Cap:
$6.36B
Jiangyin Hengrun Heavy Industries Co., Ltd manufactures and sells flanges and forgings in China. It offers ring forgings, nozzles, support rings for turbines, spherical and main shaft forgings, slewing bearings, rolling ring and free forgings, flanges for large-scale wind tower foundations, packing of wind power flanges, forged flanges, and long welding neck flanges, as well as bearing and gear blanks, and tube sheets and discs. The company was formerly known as Jiangyin Henrun Flange Co., Ltd. Jiangyin Hengrun Heavy Industries Co., Ltd was founded in 2003 and is based in Jiangyin, China.
Industry
Manufacturing - Metal Fabrication
IPO Date
2017-05-05
Stock Exchange
SHH
Ticker
603985.SS
According to Jiangyin Hengrun Heavy Industries Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -9.41% compared to the average of 1.42 of the last 4 quarters.
The mean historical Current Ratio of Jiangyin Hengrun Heavy Industries Co., Ltd over the last ten years is 2.20. The current 1.28 Current Ratio has changed 5.74% with respect to the historical average. Over the past ten years (40 quarters), 603985.SS's Current Ratio was at its highest in in the December 2021 quarter at 5.19. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
2.20
Median
1.63
Minimum
1.00
Maximum
5.19
Discovering the peaks and valleys of Jiangyin Hengrun Heavy Industries 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 = 255.69%
Maximum Annual Current Ratio = 5.19
Minimum Annual Increase = -47.78%
Minimum Annual Current Ratio = 1.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.51 | 0.63% |
| 2023 | 1.50 | -47.78% |
| 2022 | 2.87 | -44.65% |
| 2021 | 5.19 | 255.69% |
| 2020 | 1.46 | -16.86% |
| 2019 | 1.76 | -13.95% |
| 2018 | 2.04 | -41.81% |
| 2017 | 3.51 | 213.03% |
| 2016 | 1.12 | 12.52% |
| 2015 | 1.00 | 5.89% |
The current Current Ratio of Jiangyin Hengrun Heavy Industries Co., Ltd (603985.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
1.96
5-year avg
2.51
10-year avg
2.20
Jiangyin Hengrun Heavy Industries Co., Ltd’s Current Ratio is greater than Kunshan Kersen Science & Technology Co.,Ltd. (0.80), less than Suzhou Xianglou New Material Co., Ltd. (4.16), less than Jiangsu Tongli Risheng Machinery Co., Ltd. (1.87), less than Suzhou Huaya Intelligence Technology Co., Ltd. (2.42), less than Suzhou Chunqiu Electronic Technology Co., Ltd. (1.89), greater than Baoding Technology Co., Ltd. (1.07), less than Zhejiang JW Precision Machinery Co.,Ltd (1.43), less than QuakeSafe Technologies Co., Ltd. (2.78), less than Wuxi Paike New Materials Technology Co.,Ltd. (1.96), less than Dalian Demaishi Precision Technology Co., Ltd. (1.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.80 | $7.90B | |
| 4.16 | $7.17B | |
| 1.87 | $6.11B | |
| 2.42 | $6.18B | |
| 1.89 | $6.83B | |
| 1.07 | $6.29B | |
| 1.43 | $7.83B | |
| 2.78 | $5.63B | |
| 1.96 | $10.40B | |
| 1.62 | $5.57B |
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