605117.SS
Price:
$85.33
Market Cap:
$76.94B
Ningbo Deye Technology Group Co., Ltd. provides variable frequency control systems, household dehumidifiers, and heat exchanger products in China. It offers inverter controllers that are used in air conditioners, refrigerators, washing machines, dehumidifiers, water pumps, water dispensers, air purifiers, plumbing heat pump systems, and other electrical products. The company also develops and exports inverters, solar grid-connected inverters, wind energy grid-connected inverters, solar charging controllers, intelligent and off-grid power generation systems, and other products to the United Kingdom, the United States, Germany, the Philippines, India, Africa, the Middle East, and other countri...[Read more]
Industry
Furnishings, Fixtures & Appliances
IPO Date
2021-04-20
Stock Exchange
SHH
Ticker
605117.SS
According to Ningbo Deye Technology Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.39. This represents a change of -17.29% compared to the average of 1.68 of the last 4 quarters.
The mean historical Current Ratio of Ningbo Deye Technology Group Co., Ltd. over the last ten years is 1.56. The current 1.39 Current Ratio has changed 8.83% with respect to the historical average. Over the past ten years (40 quarters), 605117.SS's Current Ratio was at its highest in in the June 2021 quarter at 2.99. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.56
Median
1.53
Minimum
1.03
Maximum
2.41
Discovering the peaks and valleys of Ningbo Deye Technology Group 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 = 45.79%
Maximum Annual Current Ratio = 2.41
Minimum Annual Increase = -27.29%
Minimum Annual Current Ratio = 1.03
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.96 | 27.92% |
| 2023 | 1.53 | -12.58% |
| 2022 | 1.75 | -27.29% |
| 2021 | 2.41 | 45.79% |
| 2020 | 1.66 | 18.75% |
| 2019 | 1.39 | 25.64% |
| 2018 | 1.11 | 8.23% |
| 2017 | 1.03 | -12.86% |
The current Current Ratio of Ningbo Deye Technology Group Co., Ltd. (605117.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
1.75
5-year avg
1.86
10-year avg
1.56
Ningbo Deye Technology Group Co., Ltd.’s Current Ratio is less than Huali Industrial Group Company Limited (1.97), greater than Guangdong Songfa Ceramics Co.,Ltd. (0.98), less than Huizhou Desay SV Automotive Co., Ltd. (1.82), less than Ecovacs Robotics Co., Ltd. (1.85), greater than Sichuan Changhong Electric Co.,Ltd. (1.11), greater than HUAYU Automotive Systems Company Limited (1.09), less than Zhejiang Supor Co., Ltd. (1.51), greater than Guangzhou Automobile Group Co., Ltd. (1.23), greater than Hisense Home Appliances Group Co., Ltd. (1.13), greater than Oppein Home Group Inc. (1.10),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.97 | $68.70B | |
| 0.98 | $77.47B | |
| 1.82 | $61.22B | |
| 1.85 | $44.92B | |
| 1.11 | $42.84B | |
| 1.09 | $63.05B | |
| 1.51 | $39.09B | |
| 1.23 | $78.30B | |
| 1.13 | $36.15B | |
| 1.10 | $31.70B |
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