6680.HK
Price:
$17.86
Market Cap:
$29.89B
JL Mag Rare-Earth Co., Ltd. engages in the research and development, production, and sale of rare earth permanent magnetic materials in Mainland China and internationally. The company offers NdFeB PMs for use in new energy vehicles and automotive parts, energy-saving variable-frequency air-conditioners, wind power generation, 3C, robotics and industrial servo motors, energy-saving elevators, rail transit, and other fields. JL Mag Rare-Earth Co., Ltd. was incorporated in 2008 and is headquartered in Ganzhou, China. JL Mag Rare-Earth Co., Ltd. operates as a subsidiary of Jiangxi Ruide Venture Capital Co. Ltd.
Industry
Manufacturing - Metal Fabrication
IPO Date
2022-01-14
Stock Exchange
HKSE
Ticker
6680.HK
According to JL Mag Rare-Earth Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of -15.03% compared to the average of 2.01 of the last 4 quarters.
The mean historical Current Ratio of JL Mag Rare-Earth Co., Ltd. over the last ten years is 2.10. The current 1.71 Current Ratio has changed 8.04% with respect to the historical average. Over the past ten years (40 quarters), 6680.HK's Current Ratio was at its highest in in the March 2022 quarter at 3.33. The Current Ratio was at its lowest in in the September 2017 quarter at 0.
Average
2.10
Median
2.19
Minimum
1.54
Maximum
2.61
Discovering the peaks and valleys of JL Mag Rare-Earth 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 = 46.86%
Maximum Annual Current Ratio = 2.61
Minimum Annual Increase = -19.97%
Minimum Annual Current Ratio = 1.54
Year | Current Ratio | Change |
---|---|---|
2024 | 1.88 | -15.14% |
2023 | 2.22 | -0.08% |
2022 | 2.22 | 24.88% |
2021 | 1.78 | -18.14% |
2020 | 2.17 | -16.78% |
2019 | 2.61 | 37.06% |
2018 | 1.90 | -19.97% |
2017 | 2.38 | 5.38% |
2016 | 2.26 | 46.86% |
2015 | 1.54 | 9.81% |
The current Current Ratio of JL Mag Rare-Earth Co., Ltd. (6680.HK) 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
2.11
5-year avg
2.05
10-year avg
2.10
JL Mag Rare-Earth Co., Ltd.’s Current Ratio is
Company | Current Ratio | Market cap |
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