605122.SS
Price:
$13.05
Market Cap:
$2.25B
Chongqing Sifang New Material Co., Ltd. engages in the research, development, production, and sale of commercial concrete in China. The company also produces aggregates for construction. Its products are used in the infrastructure construction, such as roads, bridges, tunnels, water conservancy, and industrial and civil real estate construction. The company was founded in 2003 is based in Chongqing, China. As of August 25, 2021, Chongqing Sifang New Material Co., Ltd. operates as a subsidiary of Yichun Zhuozhi Commercial Center (Limited Partnership).
Industry
Construction Materials
IPO Date
2021-03-10
Stock Exchange
SHH
Ticker
605122.SS
According to Chongqing Sifang New Material Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of 4.29% compared to the average of 1.75 of the last 4 quarters.
The mean historical Current Ratio of Chongqing Sifang New Material Co., Ltd. over the last ten years is 1.63. The current 1.83 Current Ratio has changed 11.14% with respect to the historical average. Over the past ten years (40 quarters), 605122.SS's Current Ratio was at its highest in in the June 2021 quarter at 3.94. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
1.63
Median
1.67
Minimum
0.96
Maximum
3.07
Discovering the peaks and valleys of Chongqing Sifang New Material 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 = 70.66%
Maximum Annual Current Ratio = 3.07
Minimum Annual Increase = -40.61%
Minimum Annual Current Ratio = 0.96
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.68 | 0.89% |
| 2023 | 1.67 | -8.46% |
| 2022 | 1.82 | -40.61% |
| 2021 | 3.07 | 70.66% |
| 2020 | 1.80 | 35.77% |
| 2019 | 1.32 | 12.92% |
| 2018 | 1.17 | 3.98% |
| 2017 | 1.13 | 17.16% |
The current Current Ratio of Chongqing Sifang New Material Co., Ltd. (605122.SS) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.72
5-year avg
2.01
10-year avg
1.63
Chongqing Sifang New Material Co., Ltd.’s Current Ratio is greater than Chongqing Sansheng Industrial Co.,Ltd. (0.35), greater than Newtechwood Corp (1.38), greater than Jiangsu Safety Wire Rope Co., Ltd. (0.69), less than Lionhead Technology Development Co., Ltd. (3.73), greater than Changzhou Tiansheng New Materials Co., Ltd. (0.40), less than Jiangsu Yuxing Film Technology Co., Ltd (2.65), greater than Beijing Hanjian Heshan Pipeline Co.,Ltd (0.92), greater than Jiangsu Huifeng Bio Agriculture Co., Ltd. (0.39), greater than Shandong Sino-Agri United Biotechnology Co.,Ltd. (0.62), greater than Jiang Su Yida Chemical Co.,Ltd (0.60),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.35 | $2.09B | |
| 1.38 | $2.26B | |
| 0.69 | $2.27B | |
| 3.73 | $2.38B | |
| 0.40 | $2.08B | |
| 2.65 | $2.60B | |
| 0.92 | $2.09B | |
| 0.39 | $2.59B | |
| 0.62 | $2.44B | |
| 0.60 | $2.26B |
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