688065.SS
Price:
$48.31
Market Cap:
$34.85B
Cathay Biotech Inc. engages in the production and sale of bio-based polyamide, bio-based DN5, long chain dibasic acids, and biobutanol. The company is headquartered in Shanghai, China.
Industry
Chemicals
IPO Date
2020-08-12
Stock Exchange
SHH
Ticker
688065.SS
According to Cathay Biotech Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.94. This represents a change of 32.34% compared to the average of 5.24 of the last 4 quarters.
The mean historical Current Ratio of Cathay Biotech Inc. over the last ten years is 5.14. The current 6.94 Current Ratio has changed 13.40% with respect to the historical average. Over the past ten years (40 quarters), 688065.SS's Current Ratio was at its highest in in the March 2021 quarter at 22.65. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
5.14
Median
2.53
Minimum
1.13
Maximum
19.42
Discovering the peaks and valleys of Cathay Biotech Inc. 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 = 646.39%
Maximum Annual Current Ratio = 19.42
Minimum Annual Increase = -62.69%
Minimum Annual Current Ratio = 1.13
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.53 | 14.02% |
| 2023 | 2.22 | -62.69% |
| 2022 | 5.95 | -36.40% |
| 2021 | 9.36 | -51.82% |
| 2020 | 19.42 | 646.39% |
| 2019 | 2.60 | 116.03% |
| 2018 | 1.20 | 6.96% |
| 2017 | 1.13 | -39.56% |
The current Current Ratio of Cathay Biotech Inc. (688065.SS) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
3.57
5-year avg
7.90
10-year avg
5.14
Cathay Biotech Inc.’s Current Ratio is greater than Zhejiang Longsheng Group Co.,Ltd (1.51), greater than Holitech Technology Co., Ltd. (2.99), greater than Zhejiang Sanmei Chemical Industry Co., Ltd. (4.83), greater than Huaibei Mining Holdings Co.,Ltd. (0.57), greater than Haohua Chemical Science & Technology Corp., Ltd. (1.48), greater than Hubei Dinglong CO.,Ltd. (3.23), greater than Hubei Xingfa Chemicals Group Co., Ltd. (0.66), greater than Shenzhen Capchem Technology Co., Ltd. (1.92), greater than SKSHU Paint Co.,Ltd. (0.77), greater than Guangdong Hongda Holdings Group Co., Ltd. (1.53),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.51 | $34.94B | |
| 2.99 | $33.76B | |
| 4.83 | $35.51B | |
| 0.57 | $31.30B | |
| 1.48 | $38.93B | |
| 3.23 | $34.18B | |
| 0.66 | $37.07B | |
| 1.92 | $36.88B | |
| 0.77 | $33.78B | |
| 1.53 | $32.25B |
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