603991.SS
Price:
$70.08
Market Cap:
$5.22B
Shenzhen Original Advanced Compounds Co., Ltd. engages in the research and development, production, and sale of cable materials. It offers polyolefin polymer materials for optical communication cables and other cables, as well as electrical equipment wires; and polymer materials for power cables. The company was incorporated in 2004 and is based in Shanghai, China.
Industry
Chemicals - Specialty
IPO Date
2017-03-08
Stock Exchange
SHH
Ticker
603991.SS
According to Shenzhen Original Advanced Compounds Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.03. This represents a change of -6.07% compared to the average of 2.17 of the last 4 quarters.
The mean historical Current Ratio of Shenzhen Original Advanced Compounds Co., Ltd. over the last ten years is 2.01. The current 2.03 Current Ratio has changed 10.01% with respect to the historical average. Over the past ten years (40 quarters), 603991.SS's Current Ratio was at its highest in in the September 2021 quarter at 3.16. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
2.01
Median
1.96
Minimum
1.58
Maximum
2.63
Discovering the peaks and valleys of Shenzhen Original Advanced Compounds 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 = 62.35%
Maximum Annual Current Ratio = 2.63
Minimum Annual Increase = -22.86%
Minimum Annual Current Ratio = 1.58
Year | Current Ratio | Change |
---|---|---|
2024 | 2.08 | 6.14% |
2023 | 1.96 | -22.86% |
2022 | 2.54 | -3.55% |
2021 | 2.63 | 62.35% |
2020 | 1.62 | 2.89% |
2019 | 1.58 | -8.14% |
2018 | 1.72 | -21.03% |
2017 | 2.17 | 16.60% |
2016 | 1.86 | -5.22% |
2015 | 1.97 | 16.04% |
The current Current Ratio of Shenzhen Original Advanced Compounds Co., Ltd. (603991.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
2.19
5-year avg
2.17
10-year avg
2.01
Shenzhen Original Advanced Compounds Co., Ltd.’s Current Ratio is greater than Jiangyin Hengrun Heavy Industries Co., Ltd (1.57), greater than Hunan Baili Engineering Sci&Tech Co.,Ltd (0.80), less than Fujian Apex Software Co.,LTD (5.39), greater than Shanghai AtHub Co.,Ltd. (1.34), less than Daqian Ecology&Environment Group Co.,Ltd. (3.00),
Company | Current Ratio | Market cap |
---|---|---|
1.57 | $6.86B | |
0.80 | $2.80B | |
5.39 | $8.73B | |
1.34 | $20.11B | |
3.00 | $4.61B |
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 Shenzhen Original Advanced Compounds 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:
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.
The easiest way to analyze a company like Shenzhen Original Advanced Compounds 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.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Shenzhen Original Advanced Compounds Co., Ltd.'s Current Ratio?
How is the Current Ratio calculated for Shenzhen Original Advanced Compounds Co., Ltd. (603991.SS)?
What is the highest Current Ratio for Shenzhen Original Advanced Compounds Co., Ltd. (603991.SS)?
What is the 3-year average Current Ratio for Shenzhen Original Advanced Compounds Co., Ltd. (603991.SS)?
What is the 5-year average Current Ratio for Shenzhen Original Advanced Compounds Co., Ltd. (603991.SS)?
How does the current Current Ratio for Shenzhen Original Advanced Compounds Co., Ltd. (603991.SS) compare to its historical average?