688257.SS
Price:
$31.27
Market Cap:
$7.81B
Shareate Tools Ltd. manufactures and sells cemented carbide products and drilling tools in China. The company offers rock drill tools, including rotary tricone bits, tri-cone drill bits, water well bits, down-the-hole (DTH) hammers, and DTH hammer bits; mining tungsten carbide products, including tungsten carbide insert, carbide substrate, shield machine tool, coal cutter pick, and tungsten carbide tubular electrode; precision components; cutting tools; tungsten carbide die products, such as carbide plates, cold headings, hobs, and powder metallurgy dies; and cermet products. It serves mining, oil drilling, metal cutting, petroleum, aerospace, electronics, shipbuilding, chemical, textile, ma...[Read more]
Industry
Manufacturing - Tools & Accessories
IPO Date
2021-10-27
Stock Exchange
SHH
Ticker
688257.SS
According to Shareate Tools Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of -7.35% compared to the average of 1.68 of the last 4 quarters.
The mean historical Current Ratio of Shareate Tools Ltd. over the last ten years is 2.07. The current 1.55 Current Ratio has changed 7.40% with respect to the historical average. Over the past ten years (40 quarters), 688257.SS's Current Ratio was at its highest in in the December 2021 quarter at 3.99. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
2.07
Median
1.80
Minimum
1.40
Maximum
3.99
Discovering the peaks and valleys of Shareate Tools 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 = 117.39%
Maximum Annual Current Ratio = 3.99
Minimum Annual Increase = -27.17%
Minimum Annual Current Ratio = 1.40
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.92 | -18.47% |
| 2023 | 2.35 | -18.92% |
| 2022 | 2.90 | -27.17% |
| 2021 | 3.99 | 117.39% |
| 2020 | 1.83 | 20.88% |
| 2019 | 1.52 | -3.87% |
| 2018 | 1.58 | 11.22% |
| 2017 | 1.42 | 1.04% |
| 2016 | 1.40 | -20.47% |
| 2015 | 1.77 | 26.45% |
The current Current Ratio of Shareate Tools Ltd. (688257.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
2.39
5-year avg
2.60
10-year avg
2.07
Shareate Tools Ltd.’s Current Ratio is greater than Ningbo Daye Garden Machinery Co.,Ltd. (1.33), less than EST Tools Co., Ltd (7.58), greater than Shenzhen Kaizhong Precision Technology Co., Ltd. (1.10), less than Xianheng International Science&Technology Co., Ltd. (1.70), greater than Zhejiang Meili High Technology Co., Ltd. (1.44), less than SF Diamond Co.,Ltd. (3.72), less than Shandong Sacred Sun Power Sources Co.,Ltd (2.44), less than Gem-Year Industrial Co.,Ltd. (4.26), less than Shenzhen Bsc Technology Co.,Ltd. (4.42), less than Acrel Co.,Ltd. (5.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.33 | $5.77B | |
| 7.58 | $5.09B | |
| 1.10 | $5.15B | |
| 1.70 | $7.57B | |
| 1.44 | $5.44B | |
| 3.72 | $6.89B | |
| 2.44 | $5.62B | |
| 4.26 | $4.91B | |
| 4.42 | $5.69B | |
| 5.38 | $5.54B |
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