688089.SS
Price:
$23.49
Market Cap:
$3.95B
Cabio Biotech (Wuhan) Co., Ltd. develops, produces, and markets arachidonic and docosahexaenoic acids, and beta-carotene for domestic and foreign infant formula, and healthy food manufacturers. Its products are used in infant formula food, health food, dietary supplements, and other fields for special medical purposes, pet nutrition food, economic animal feed, personal care and cosmetics, and other fields. The company was founded in 1999 and is based in Wuhan, the People's Republic of China.
Industry
Biotechnology
IPO Date
2019-12-19
Stock Exchange
SHH
Ticker
688089.SS
According to Cabio Biotech (Wuhan) Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 5.79. This represents a change of -5.29% compared to the average of 6.12 of the last 4 quarters.
The mean historical Current Ratio of Cabio Biotech (Wuhan) Co., Ltd. over the last ten years is 10.45. The current 5.79 Current Ratio has changed 5.44% with respect to the historical average. Over the past ten years (40 quarters), 688089.SS's Current Ratio was at its highest in in the March 2020 quarter at 30.00. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
10.45
Median
6.93
Minimum
2.71
Maximum
26.36
Discovering the peaks and valleys of Cabio Biotech (Wuhan) 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 = 255.82%
Maximum Annual Current Ratio = 26.36
Minimum Annual Increase = -69.70%
Minimum Annual Current Ratio = 2.71
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.45 | 2.32% |
| 2023 | 6.30 | 25.37% |
| 2022 | 5.03 | -69.70% |
| 2021 | 16.59 | -22.70% |
| 2020 | 21.47 | -18.56% |
| 2019 | 26.36 | 255.82% |
| 2018 | 7.41 | -11.13% |
| 2017 | 8.34 | 114.31% |
| 2016 | 3.89 | 43.69% |
| 2015 | 2.71 | -62.72% |
The current Current Ratio of Cabio Biotech (Wuhan) Co., Ltd. (688089.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
5.93
5-year avg
11.17
10-year avg
10.45
Cabio Biotech (Wuhan) Co., Ltd.’s Current Ratio is greater than Baolingbao Biology Co.,Ltd. (1.83), greater than Zhejiang Shouxiangu Pharmaceutical Co., Ltd. (3.82), greater than Qingdao Vland Biotech Inc. (1.08), greater than Hvsen Biotechnology Co., Ltd. (1.70), less than Shanghai ZJ Bio-Tech Co., Ltd. (23.06), less than Shanghai Hile Bio-Technology Co., Ltd. (7.63), greater than Zhejiang Wecome Pharmaceutical Company Limited (2.34), greater than Hainan Huluwa Pharmaceutical Group Co., Ltd. (0.82), greater than Guanhao Biotech Co.,Ltd. (1.97), less than Yantai Zhenghai Biotechnology Co., Ltd. (8.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.83 | $3.54B | |
| 3.82 | $3.93B | |
| 1.08 | $3.64B | |
| 1.70 | $4.18B | |
| 23.06 | $3.62B | |
| 7.63 | $4.17B | |
| 2.34 | $3.41B | |
| 0.82 | $3.55B | |
| 1.97 | $3.81B | |
| 8.89 | $3.68B |
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