605589.SS
Price:
$26.73
Market Cap:
$22.62B
Jinan Shengquan Group Share Holding Co., Ltd. engages in the research and development, production, and sale of phenolic resin and composite materials. It offers phenolic resins for tire rubber, electronic, coated sand, composite materials, friction, refractory, and abrasive; epoxy resins; foundry materials, such as furan, alkaline phenolic, cold box, riser sleeve, coating, filter, metallurgy material, and auxiliary materials, as well as porous cellulose and SQ boards. The company also provides health industry products, including heal fiber, VTS new material, L-arabinose, D-xylose, mother liquor, respirator, and disposable face mask and medical face mask; new energy industry products, such as...[Read more]
Industry
Chemicals
IPO Date
2021-08-10
Stock Exchange
SHH
Ticker
605589.SS
According to Jinan Shengquan Group Share Holding Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.89. This represents a change of -0.51% compared to the average of 1.90 of the last 4 quarters.
The mean historical Current Ratio of Jinan Shengquan Group Share Holding Co., Ltd. over the last ten years is 2.06. The current 1.89 Current Ratio has changed 9.11% with respect to the historical average. Over the past ten years (40 quarters), 605589.SS's Current Ratio was at its highest in in the September 2021 quarter at 3.96. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
2.06
Median
2.03
Minimum
1.25
Maximum
2.97
Discovering the peaks and valleys of Jinan Shengquan Group Share Holding 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 = 51.50%
Maximum Annual Current Ratio = 2.97
Minimum Annual Increase = -31.37%
Minimum Annual Current Ratio = 1.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.04 | 0.54% |
| 2023 | 2.03 | -13.33% |
| 2022 | 2.34 | -13.09% |
| 2021 | 2.69 | 31.98% |
| 2020 | 2.04 | -31.37% |
| 2019 | 2.97 | 51.50% |
| 2018 | 1.96 | 21.35% |
| 2017 | 1.62 | -0.43% |
| 2016 | 1.62 | 29.69% |
| 2015 | 1.25 | 31.89% |
The current Current Ratio of Jinan Shengquan Group Share Holding Co., Ltd. (605589.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
2.14
5-year avg
2.23
10-year avg
2.06
Jinan Shengquan Group Share Holding Co., Ltd.’s Current Ratio is greater than Xinfengming Group Co., Ltd. (0.65), greater than Inner Mongolia Yuan Xing Energy Co.,Ltd (0.62), greater than Bluestar Adisseo Company (1.69), less than Weihai Guangwei Composites Co., Ltd. (2.11), less than Sichuan New Energy Power Company Limited (2.38), greater than Guizhou Chanhen Chemical Corporation (1.09), greater than Sichuan Development Lomon Co., Ltd. (1.15), less than Shandong Sinocera Functional Material Co., Ltd. (2.52), greater than Tinergy Chemical Co., Ltd. (1.63), greater than Red Avenue New Materials Group Co., Ltd. (1.32),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.65 | $26.35B | |
| 0.62 | $26.73B | |
| 1.69 | $24.51B | |
| 2.11 | $24.77B | |
| 2.38 | $21.42B | |
| 1.09 | $22.66B | |
| 1.15 | $21.60B | |
| 2.52 | $22.39B | |
| 1.63 | $19.38B | |
| 1.32 | $25.47B |
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