605218.SS
Price:
$19.21
Market Cap:
$4.05B
Ways Electron Co.,Ltd. engages in the research and development, design, manufacture, and sale of electronic components. It offers BL modules for auto application and consumer products, liquid crystal modules, touch screen products, hardware, rubber products, and IML products. The company formerly known as Kunshan Ways Electron Co.,Ltd and changed its name to Ways Electron Co.,Ltd. in June 2018. Ways Electron Co.,Ltd. was founded in 2003 and is based in Kunshan, China.
Industry
Hardware, Equipment & Parts
IPO Date
2020-09-28
Stock Exchange
SHH
Ticker
605218.SS
According to Ways Electron Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.47. This represents a change of -10.20% compared to the average of 1.64 of the last 4 quarters.
The mean historical Current Ratio of Ways Electron Co.,Ltd. over the last ten years is 2.39. The current 1.47 Current Ratio has changed 6.06% with respect to the historical average. Over the past ten years (40 quarters), 605218.SS's Current Ratio was at its highest in in the March 2021 quarter at 4.58. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
2.39
Median
2.13
Minimum
1.34
Maximum
3.70
Discovering the peaks and valleys of Ways Electron 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 = 71.97%
Maximum Annual Current Ratio = 3.70
Minimum Annual Increase = -34.07%
Minimum Annual Current Ratio = 1.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.66 | -31.85% |
| 2023 | 2.44 | -34.07% |
| 2022 | 3.70 | 13.72% |
| 2021 | 3.25 | -11.22% |
| 2020 | 3.66 | 71.97% |
| 2019 | 2.13 | 33.26% |
| 2018 | 1.60 | 19.22% |
| 2017 | 1.34 | -23.26% |
The current Current Ratio of Ways Electron Co.,Ltd. (605218.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
2.60
5-year avg
2.94
10-year avg
2.39
Ways Electron Co.,Ltd.’s Current Ratio is greater than Shenzhen Sunnypol Optoelectronics Co.,Ltd. (0.96), less than Hubei W-olf Photoelectric Technology Co., Ltd. (6.28), greater than Shanghai Laimu Electronics Co.,Ltd. (1.21), less than Jiangsu Allfavor Intelligent Circuits Technology CO.,Ltd (1.65), less than Shenzhen Longli Technology Co.,Ltd (1.55), less than Hunan Sundy Science and Technology Co., Ltd. (2.06), less than Beijing ConST Instruments Technology Inc. (11.97), less than Hangzhou Seck Intelligent Technology Co.,Ltd. (3.23), greater than Gettop Acoustic Co., Ltd. (1.33), less than Shenzhen Everbest Machinery Industry Co., Ltd. (2.84),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.96 | $4.32B | |
| 6.28 | $4.35B | |
| 1.21 | $4.86B | |
| 1.65 | $4.18B | |
| 1.55 | $4.17B | |
| 2.06 | $3.93B | |
| 11.97 | $4.48B | |
| 3.23 | $3.52B | |
| 1.33 | $4.62B | |
| 2.84 | $4.21B |
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