Ningbo Ronbay New Energy Technology Co., Ltd.

Ningbo Ronbay New Energy Technology Co., Ltd. - Current Ratioverified

688005.SS

Price:

$27.75

Market Cap:

$19.83B

Ningbo Ronbay New Energy Technology Co., Ltd. focuses on the innovation, production, and commercialization of materials used for lithium battery cathodes. Its operations cater to markets both within China and worldwide. The company was established in 2014 and maintains its headquarters in Yuyao, China.

Industry

Chemicals - Specialty

IPO Date

2019-07-22

Stock Exchange

SHH

Ticker

688005.SS

The Current Ratio as of August 2026 (TTM) for Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) is 1.03

According to Ningbo Ronbay New Energy Technology Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of -9.15% compared to the average of 1.14 of the last 4 quarters.

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) Historical Current Ratio (quarterly & annually)

How has 688005.SS Current Ratio performed in the past?

The mean historical Current Ratio of Ningbo Ronbay New Energy Technology Co., Ltd. over the last ten years is 1.87. The current 1.03 Current Ratio has changed 5.43% with respect to the historical average. Over the past ten years (40 quarters), 688005.SS's Current Ratio was at its highest in in the June 2020 quarter at 3.60. The Current Ratio was at its lowest in in the March 2018 quarter at 0.

Quarterly (TTM)
Annual

Average

1.87

Median

1.46

Minimum

1.10

Maximum

2.81

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ningbo Ronbay New Energy Technology 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 = 144.90%

Maximum Annual Current Ratio = 2.81

Minimum Annual Increase = -60.80%

Minimum Annual Current Ratio = 1.10

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.19-8.03%
20241.29-20.52%
20231.6234.36%
20221.219.60%
20211.10-60.80%
20202.811.14%
20192.780.07%
20182.780.70%
20172.76144.90%

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) Average Current Ratio

How has 688005.SS Current Ratio performed in the past?

The current Current Ratio of Ningbo Ronbay New Energy Technology Co., Ltd. (688005.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

1.37

5-year avg

1.28

10-year avg

1.87

Ningbo Ronbay New Energy Technology Co., Ltd. (688005.SS) Current Ratio vs. Peers

How is 688005.SS’s Current Ratio compared to its peers?

Ningbo Ronbay New Energy Technology Co., Ltd.’s Current Ratio is less than Leyard Optoelectronic Co., Ltd. (2.16), less than Shenzhen FRD Science & Technology Co., Ltd. (1.28), less than Guangdong Fenghua Advanced Technology (Holding) Co., Ltd. (2.34), less than Hanwei Electronics Group Corporation (1.80), less than CECEP Environmental Protection Equipment Co.,Ltd. (2.19), less than Zhuzhou Hongda Electronics Corp.,Ltd. (11.99), less than Beijing Aerospace Shenzhou Intelligent Equipment Technology Co., Ltd. (2.02), less than Jiangsu Cnano Technology Co., Ltd. (3.98), less than Wuhan Jingce Electronic Group Co.,Ltd (1.80), less than Guizhou Space Appliance Co., Ltd. (3.03),

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