Ningbo Changhong Polymer Scientific and Technical Inc.

Ningbo Changhong Polymer Scientific and Technical Inc.verified

605008.SS

Price:

$14.74

Market Cap:

$9.47B

Ningbo Changhong Polymer Scientific and Technical Inc. produces styrene-butadiene-styrene and styrene-ethylene-butadiene-styrene products in China. Its products are used in various industrial fields, such as shoes materials, asphalt modification, plastic modification, adhesive agents, medicines, health products, waterproofing materials, construction materials, plastic runway and bicycle tire, etc. The company was founded in 2012 and is based in Ningbo, China.

Industry

Chemicals - Specialty

IPO Date

2020-08-21

Stock Exchange

SHH

Ticker

605008.SS

The Current Ratio as of June 2025 (TTM) for Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SS) is 0.51

According to Ningbo Changhong Polymer Scientific and Technical Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.51. This represents a change of -20.96% compared to the average of 0.64 of the last 4 quarters.

Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SS) Historical Current Ratio (quarterly & annually)

How has 605008.SS Current Ratio performed in the past?

The mean historical Current Ratio of Ningbo Changhong Polymer Scientific and Technical Inc. over the last ten years is 2.02. The current 0.51 Current Ratio has changed 2.42% with respect to the historical average. Over the past ten years (40 quarters), 605008.SS's Current Ratio was at its highest in in the September 2020 quarter at 4.29. The Current Ratio was at its lowest in in the March 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

2.02

Median

1.62

Minimum

0.60

Maximum

3.77

Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Changhong Polymer Scientific and Technical Inc. 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 = 180.02%

Maximum Annual Current Ratio = 3.77

Minimum Annual Increase = -46.19%

Minimum Annual Current Ratio = 0.60

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.60-20.53%
20230.76-31.89%
20221.12-31.13%
20211.62-46.19%
20203.02-5.89%
20193.21-15.07%
20183.7725.07%
20173.02180.02%

Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SS) Average Current Ratio

How has 605008.SS Current Ratio performed in the past?

The current Current Ratio of Ningbo Changhong Polymer Scientific and Technical Inc. (605008.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

0.83

5-year avg

1.42

10-year avg

2.02

Ningbo Changhong Polymer Scientific and Technical Inc. (605008.SS) Current Ratio vs. Peers

How is 605008.SS’s Current Ratio compared to its peers?

Ningbo Changhong Polymer Scientific and Technical Inc.’s Current Ratio is less than Guang Zhou GRG Metrology & Test Co., Ltd. (1.47), less than Yantai Eddie Precision Machinery Co., Ltd. (1.83), less than Hangzhou Haoyue Personal Care Co., Ltd (1.53), less than Zhejiang Jiecang Linear Motion Technology Co.,Ltd. (2.19), less than Zhejiang Wansheng Co., Ltd. (1.51),

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