605389.SS
Price:
$69.01
Market Cap:
$9.94B
Jiangsu Changling Hydraulic Co., Ltd manufactures and sells hydraulic components for construction machinery in China. The company's products include hydraulic turning joints, adjuster cylinders, springs, valves, pin busing products, and application field products. Jiangsu Changling Hydraulic Co., Ltd was founded in 2006 and is based in Jiangyin, China.
Industry
Manufacturing - Tools & Accessories
IPO Date
2021-03-22
Stock Exchange
SHH
Ticker
605389.SS
According to Jiangsu Changling Hydraulic Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 6.55. This represents a change of -7.24% compared to the average of 7.06 of the last 4 quarters.
The mean historical Current Ratio of Jiangsu Changling Hydraulic Co., Ltd over the last ten years is 4.38. The current 6.55 Current Ratio has changed 14.85% with respect to the historical average. Over the past ten years (40 quarters), 605389.SS's Current Ratio was at its highest in in the September 2021 quarter at 10.28. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
4.38
Median
3.54
Minimum
2.34
Maximum
8.48
Discovering the peaks and valleys of Jiangsu Changling Hydraulic 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 = 124.18%
Maximum Annual Current Ratio = 8.48
Minimum Annual Increase = -40.70%
Minimum Annual Current Ratio = 2.34
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.93 | 37.72% |
| 2023 | 5.03 | -40.70% |
| 2022 | 8.48 | 49.64% |
| 2021 | 5.67 | 124.18% |
| 2020 | 2.53 | -28.57% |
| 2019 | 3.54 | 43.62% |
| 2018 | 2.46 | 5.34% |
| 2017 | 2.34 | -4.69% |
The current Current Ratio of Jiangsu Changling Hydraulic Co., Ltd (605389.SS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
6.81
5-year avg
5.73
10-year avg
4.38
Jiangsu Changling Hydraulic Co., Ltd’s Current Ratio is greater than Beijing Worldia Diamond Tools Co.,Ltd. (3.46), greater than Zhejiang Construction Investment Group Co.,Ltd (0.92), greater than Sichuan Haite High-tech Co., Ltd. (1.54), greater than Guizhou Aviation Technical Development Co., Ltd (2.26), greater than CSG Smart Science&Technology Co.,Ltd. (1.36), greater than Wuxi Boton Technology Co., Ltd. (1.60), greater than Shanghai Hajime Advanced Material Technology Co., Ltd. (4.92), greater than Suzhou TZTEK Technology Co., Ltd (1.48), greater than Beijing Beimo High-tech Frictional Material Co.,Ltd (2.65), greater than Beijing Lier High-temperature Materials Co.,Ltd. (1.99),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.46 | $8.75B | |
| 0.92 | $9.27B | |
| 1.54 | $9.54B | |
| 2.26 | $11.61B | |
| 1.36 | $8.20B | |
| 1.60 | $8.92B | |
| 4.92 | $8.78B | |
| 1.48 | $11.03B | |
| 2.65 | $10.38B | |
| 1.99 | $8.94B |
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