605081.SS
Price:
$10.57
Market Cap:
$1.20B
Shanghai Taihe Water Environmental Technology Development Co.,Ltd. offers underwater ecological restoration research and development services in China. The company uses algae-inducing underwater ecological restoration technology. It also provides on-site survey, water quality testing, program design, ecosystem construction, and system maintenance services. The company was founded in 2010 and is based in Shanghai, China.
Industry
Waste Management
IPO Date
2021-02-09
Stock Exchange
SHH
Ticker
605081.SS
According to Shanghai Taihe Water Environmental Technology Development Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.35. This represents a change of -0.01% compared to the average of 2.35 of the last 4 quarters.
The mean historical Current Ratio of Shanghai Taihe Water Environmental Technology Development Co.,Ltd. over the last ten years is 4.79. The current 2.35 Current Ratio has changed 4.82% with respect to the historical average. Over the past ten years (40 quarters), 605081.SS's Current Ratio was at its highest in in the March 2022 quarter at 8.86. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
4.79
Median
4.25
Minimum
2.16
Maximum
7.05
Discovering the peaks and valleys of Shanghai Taihe Water Environmental Technology Development 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 = 89.72%
Maximum Annual Current Ratio = 7.05
Minimum Annual Increase = -49.10%
Minimum Annual Current Ratio = 2.16
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.16 | -49.10% |
| 2023 | 4.25 | -27.19% |
| 2022 | 5.84 | -17.21% |
| 2021 | 7.05 | 89.72% |
| 2020 | 3.72 | -2.61% |
| 2019 | 3.82 | -40.57% |
| 2018 | 6.42 | 71.75% |
| 2017 | 3.74 | -38.69% |
The current Current Ratio of Shanghai Taihe Water Environmental Technology Development Co.,Ltd. (605081.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
4.08
5-year avg
4.60
10-year avg
4.79
Shanghai Taihe Water Environmental Technology Development Co.,Ltd.’s Current Ratio is greater than Zhejiang Zone-King Environmental Sci&Tech Co., Ltd. (1.31), greater than Wuxi Xuelang Environmental Technology Co., Ltd. (0.80), greater than Shenzhen Magic Design & Decoration Engineering Co., Ltd. (0.75), greater than Suzhou Goldengreen Technologies Ltd. (1.68), greater than New Universal Science and Technology Co., Ltd. (0.56), greater than Thinker Agricultural Machinery Co., Ltd. (1.12), greater than Shenzhen Jianyi Decoration Group Co., Ltd. (0.67), greater than Beijing ZEHO Waterfront Ecological Environment Treatment Co., Ltd. (0.93), greater than Dalian Zhiyun Automation Co., Ltd. (1.30), greater than Zhejiang Haiyan Power System Resources Environmental Technology Co.,Ltd. (1.61),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.31 | $1.21B | |
| 0.80 | $2.04B | |
| 0.75 | $1.64B | |
| 1.68 | $1.35B | |
| 0.56 | $2.37B | |
| 1.12 | $1.46B | |
| 0.67 | $1.31B | |
| 0.93 | $2.09B | |
| 1.30 | $1.97B | |
| 1.61 | $1.64B |
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