OKE Precision Cutting Tools Co., Ltd.

OKE Precision Cutting Tools Co., Ltd. - Current Ratioverified

688308.SS

Price:

$68.77

Market Cap:

$10.83B

OKE Precision Cutting Tools Co., Ltd. specializes in the comprehensive development, manufacturing, and distribution of advanced cemented carbide and CNC cutting tools. Its extensive product range encompasses precision cutting implements, notably turning, milling, and drilling tools. The company also supplies carbide-tipped saw blades, designed for diverse applications involving wood, metal, grass, and band saws, in addition to monolithic carbide saw discs. Furthermore, OKE's portfolio extends to a variety of other carbide-based products, including mould materials, rods, end mill tips tailored for woodworking, scrapers for circular saw blades, finger joint cutters, TC bearings, drill bit tips...[Read more]

Industry

Manufacturing - Tools & Accessories

IPO Date

2020-12-10

Stock Exchange

SHH

Ticker

688308.SS

The Current Ratio as of October 2026 (TTM) for OKE Precision Cutting Tools Co., Ltd. (688308.SS) is 1.85

According to OKE Precision Cutting Tools Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.85. This represents a change of 1.13% compared to the average of 1.83 of the last 4 quarters.

OKE Precision Cutting Tools Co., Ltd. (688308.SS) Historical Current Ratio (quarterly & annually)

How has 688308.SS Current Ratio performed in the past?

The mean historical Current Ratio of OKE Precision Cutting Tools Co., Ltd. over the last ten years is 2.56. The current 1.85 Current Ratio has changed 7.15% with respect to the historical average. Over the past ten years (40 quarters), 688308.SS's Current Ratio was at its highest in in the December 2020 quarter at 4.31. The Current Ratio was at its lowest in in the September 2019 quarter at 0.

Quarterly (TTM)
Annual

Average

2.56

Median

2.48

Minimum

1.72

Maximum

4.31

OKE Precision Cutting Tools Co., Ltd. (688308.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of OKE Precision Cutting Tools 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 = 84.36%

Maximum Annual Current Ratio = 4.31

Minimum Annual Increase = -39.39%

Minimum Annual Current Ratio = 1.72

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.889.42%
20241.72-5.03%
20231.81-39.39%
20222.981.39%
20212.94-31.77%
20204.3184.36%
20192.34-5.75%
20182.48-3.55%

OKE Precision Cutting Tools Co., Ltd. (688308.SS) Average Current Ratio

How has 688308.SS Current Ratio performed in the past?

The current Current Ratio of OKE Precision Cutting Tools Co., Ltd. (688308.SS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.80

5-year avg

2.27

10-year avg

2.56

OKE Precision Cutting Tools Co., Ltd. (688308.SS) Current Ratio vs. Peers

How is 688308.SS’s Current Ratio compared to its peers?

OKE Precision Cutting Tools Co., Ltd.’s Current Ratio is greater than Shareate Tools Ltd. (1.53), less than Zhuzhou Huarui Precision Cutting Tools Co.,Ltd (2.49), less than Beijing Worldia Diamond Tools Co.,Ltd. (2.65), less than Est Tools Co Ltd Class A (8.18), less than Hangzhou Greatstar Industrial Co., Ltd (2.29), greater than Bichamp Cutting Technology (Hunan) Co., Ltd. (1.46),

Build a custom stock screener for OKE Precision Cutting Tools Co., Ltd. (688308.SS) and other stocks

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 OKE Precision Cutting Tools 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:

Custom stock screener in Wisesheets

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.

OKE Precision Cutting Tools Co., Ltd. (688308.SS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like OKE Precision Cutting Tools 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is OKE Precision Cutting Tools Co., Ltd.'s Current Ratio?

How is the Current Ratio calculated for OKE Precision Cutting Tools Co., Ltd. (688308.SS)?

What is the highest Current Ratio for OKE Precision Cutting Tools Co., Ltd. (688308.SS)?

What is the 3-year average Current Ratio for OKE Precision Cutting Tools Co., Ltd. (688308.SS)?

What is the 5-year average Current Ratio for OKE Precision Cutting Tools Co., Ltd. (688308.SS)?

How does the current Current Ratio for OKE Precision Cutting Tools Co., Ltd. (688308.SS) compare to its historical average?