603988.SS
Price:
$25.69
Market Cap:
$6.04B
SEC Electric Machinery Co., Ltd. manufactures and sells motors in China. The company offers AC motors, such as squirrel cage asynchronous, wound rotor induction, compact asynchronous, flameproof, safety, petroleum drilling, and shipping propulsion motors; medium and large-sized DC motors; and synchronous, synchronous variable frequency, mine hoist, and mine milling motors. It also provides wind, turbo, short-circuit, and diesel engine generators; and electrical units comprising transformers and frequency inverters. The company's products are used in metallurgy, electricity, cement, petrochemical, mining, papermaking, oil drilling, wind power, water conservancy, and shipbuilding applications....[Read more]
Industry
Industrial - Machinery
IPO Date
2014-11-04
Stock Exchange
SHH
Ticker
603988.SS
According to SEC Electric Machinery Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.37. This represents a change of 5.44% compared to the average of 2.25 of the last 4 quarters.
The mean historical Current Ratio of SEC Electric Machinery Co., Ltd. over the last ten years is 2.66. The current 2.37 Current Ratio has changed 8.83% with respect to the historical average. Over the past ten years (40 quarters), 603988.SS's Current Ratio was at its highest in in the June 2016 quarter at 4.15. The Current Ratio was at its lowest in in the December 2021 quarter at 1.80.
Average
2.66
Median
2.46
Minimum
1.80
Maximum
3.97
Discovering the peaks and valleys of SEC Electric Machinery 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 = 18.80%
Maximum Annual Current Ratio = 3.97
Minimum Annual Increase = -20.83%
Minimum Annual Current Ratio = 1.80
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.19 | -7.03% |
| 2023 | 2.36 | 18.80% |
| 2022 | 1.99 | 10.26% |
| 2021 | 1.80 | -20.83% |
| 2020 | 2.27 | -11.11% |
| 2019 | 2.56 | -6.17% |
| 2018 | 2.73 | -12.19% |
| 2017 | 3.11 | -13.43% |
| 2016 | 3.59 | -9.66% |
| 2015 | 3.97 | 13.45% |
The current Current Ratio of SEC Electric Machinery Co., Ltd. (603988.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.18
5-year avg
2.12
10-year avg
2.66
SEC Electric Machinery Co., Ltd.’s Current Ratio is greater than NCS Testing Technology Co., Ltd. (2.12), greater than Beijing SOJO Electric Co., Ltd. (1.18), greater than Shandong Mining Machinery Group Co., Ltd (1.76), less than Zhongnanhong Culture Group Co. Ltd. Class A (4.46), less than Wuxi Chemical Equipment Co., Ltd. (2.97), greater than Sichuan Zigong Conveying Machine Group Co., Ltd. (1.95), less than Shandong Weida Machinery Co., Ltd. (3.68), less than Power HF Co., Ltd. (3.67), greater than Shang Gong Group Co., Ltd. (1.80), greater than Guangzhou Baiyun Electric Equipment Co., Ltd. (1.20),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.12 | $6.14B | |
| 1.18 | $7.72B | |
| 1.76 | $6.67B | |
| 4.46 | $6.08B | |
| 2.97 | $5.79B | |
| 1.95 | $7.32B | |
| 3.68 | $6.83B | |
| 3.67 | $7.80B | |
| 1.80 | $5.27B | |
| 1.20 | $5.81B |
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