688303.SS
Price:
$27.29
Market Cap:
$58.22B
Xinjiang Daqo New Energy Co.,Ltd. engages in the research, development, production, and sale of polysilicon materials for the solar photovoltaic industry. It offers P-type single crystal coral and crystal dense aniseed materials, and P-type single crystal compound feeding materials; and polycrystalline loose bars, dense blocks, and loose bulk materials. The company was founded in 2011 and is based in Shihezi, China. Xinjiang Daqo New Energy Co.,Ltd. is a subsidiary of Daqo New Energy Corp.
Industry
Industrial - Machinery
IPO Date
2021-07-22
Stock Exchange
SHH
Ticker
688303.SS
According to Xinjiang Daqo New Energy Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.94. This represents a change of 3.35% compared to the average of 4.78 of the last 4 quarters.
The mean historical Current Ratio of Xinjiang Daqo New Energy Co.,Ltd. over the last ten years is 2.01. The current 4.94 Current Ratio has changed 24.43% with respect to the historical average. Over the past ten years (40 quarters), 688303.SS's Current Ratio was at its highest in in the March 2023 quarter at 6.36. The Current Ratio was at its lowest in in the March 2015 quarter at 0.
Average
2.01
Median
0.83
Minimum
0.22
Maximum
6.08
Discovering the peaks and valleys of Xinjiang Daqo New Energy 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 = 227.77%
Maximum Annual Current Ratio = 6.08
Minimum Annual Increase = -41.86%
Minimum Annual Current Ratio = 0.22
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 4.41 | 10.72% |
| 2023 | 3.98 | -34.58% |
| 2022 | 6.08 | 151.84% |
| 2021 | 2.41 | 227.77% |
| 2020 | 0.74 | 37.51% |
| 2019 | 0.54 | -41.86% |
| 2018 | 0.92 | 45.77% |
| 2017 | 0.63 | 191.15% |
| 2016 | 0.22 | -1.27% |
| 2015 | 0.22 | 1.98% |
The current Current Ratio of Xinjiang Daqo New Energy Co.,Ltd. (688303.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.82
5-year avg
3.52
10-year avg
2.01
Xinjiang Daqo New Energy Co.,Ltd.’s Current Ratio is greater than Dongfang Electric Corporation Limited (1.11), greater than Goldwind Science&Technology Co., Ltd. (0.98), greater than Shenzhen Envicool Technology Co., Ltd. (1.72), greater than Jiangsu Expressway Company Limited (0.76), greater than China Energy Engineering Corporation Limited (1.02), greater than Zhejiang Dahua Technology Co., Ltd. (2.76), greater than Sunwoda Electronic Co.,Ltd (1.07), greater than Yutong Bus Co.,Ltd. (1.58), greater than Shenzhen Han's CNC Technology Co., Ltd. (2.08), greater than China Merchants Expressway Network & Technology Holdings Co.,Ltd. (1.37),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.11 | $69.85B | |
| 0.98 | $68.39B | |
| 1.72 | $88.95B | |
| 0.76 | $61.25B | |
| 1.02 | $76.53B | |
| 2.76 | $60.91B | |
| 1.07 | $52.65B | |
| 1.58 | $75.21B | |
| 2.08 | $47.30B | |
| 1.37 | $67.82B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Xinjiang Daqo New Energy Co.,Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Xinjiang Daqo New Energy Co.,Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Xinjiang Daqo New Energy Co.,Ltd.'s Current Ratio?
How is the Current Ratio calculated for Xinjiang Daqo New Energy Co.,Ltd. (688303.SS)?
What is the highest Current Ratio for Xinjiang Daqo New Energy Co.,Ltd. (688303.SS)?
What is the 3-year average Current Ratio for Xinjiang Daqo New Energy Co.,Ltd. (688303.SS)?
What is the 5-year average Current Ratio for Xinjiang Daqo New Energy Co.,Ltd. (688303.SS)?
How does the current Current Ratio for Xinjiang Daqo New Energy Co.,Ltd. (688303.SS) compare to its historical average?