605378.SS
Price:
$22.3
Market Cap:
$5.83B
Zhejiang Mustang Battery Co., Ltd. engages in the research and development, production, and sale of dry batteries in China. The company offers zinc and alkaline manganese, carbon, nickel hydrogen, and lithium batteries under the Mustang, MUSTANG, and RAYMAX brands. It also sells its products in the European Union, North America, and the Southeast Asia. The company was founded in 1996 and is based in Ningbo, China.
Industry
Electrical Equipment & Parts
IPO Date
2021-04-12
Stock Exchange
SHH
Ticker
605378.SS
According to Zhejiang MustangBattery Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 3.27. This represents a change of -14.25% compared to the average of 3.81 of the last 4 quarters.
The mean historical Current Ratio of Zhejiang MustangBattery Co.,Ltd over the last ten years is 2.93. The current 3.27 Current Ratio has changed 11.08% with respect to the historical average. Over the past ten years (40 quarters), 605378.SS's Current Ratio was at its highest in in the March 2023 quarter at 5.13. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
2.93
Median
2.30
Minimum
1.35
Maximum
4.69
Discovering the peaks and valleys of Zhejiang MustangBattery 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 = 103.43%
Maximum Annual Current Ratio = 4.69
Minimum Annual Increase = -14.70%
Minimum Annual Current Ratio = 1.35
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.86 | -0.70% |
| 2023 | 3.89 | -14.70% |
| 2022 | 4.56 | -2.81% |
| 2021 | 4.69 | 103.43% |
| 2020 | 2.30 | 1.87% |
| 2019 | 2.26 | 21.03% |
| 2018 | 1.87 | 38.50% |
| 2017 | 1.35 | -13.26% |
The current Current Ratio of Zhejiang MustangBattery Co.,Ltd (605378.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
4.10
5-year avg
3.86
10-year avg
2.93
Zhejiang MustangBattery Co.,Ltd’s Current Ratio is greater than Hiconics Eco-energy Technology Co., Ltd. (1.36), greater than Shanghai QiFan Cable Co., Ltd (1.46), greater than CWB Automotive Electronics Co., Ltd. (3.06), greater than Zhejiang Yonggui Electric Equipment Co., Ltd. (2.97), greater than Shenzhen Hui Chuang Da Technology Co., Ltd. (1.89), greater than Zhiyang Innovation Technology Co., Ltd. (2.27), greater than Sinomag Technology Co., Ltd. (1.17), greater than Hsino Tower Group Co., Ltd. (1.53), greater than Hangzhou Kelin Electric Co., Ltd. (2.19), greater than Daheng New Epoch Technology Inc. (2.42),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.36 | $6.53B | |
| 1.46 | $7.36B | |
| 3.06 | $7.75B | |
| 2.97 | $6.71B | |
| 1.89 | $7.34B | |
| 2.27 | $8.09B | |
| 1.17 | $7.53B | |
| 1.53 | $7.19B | |
| 2.19 | $7.83B | |
| 2.42 | $6.53B |
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