688360.SS
Price:
$21.72
Market Cap:
$5.73B
Zhejiang Damon Technology Co.,Ltd manufactures and sells logistics sorting equipment. The company offers box, pallet, sorting, and vertical conveyors; high speed palletizing systems; and intelligent storage picking systems. Its products are used in smart manufacturing, e-commerce, logistics, clothing, medicine, tobacco, retail, and other fields. The company was founded in 1997 and is based in Shanghai, China.
Industry
Industrial - Machinery
IPO Date
2020-06-02
Stock Exchange
SHH
Ticker
688360.SS
According to Damon Technology Group Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.76. This represents a change of -2.92% compared to the average of 1.81 of the last 4 quarters.
The mean historical Current Ratio of Damon Technology Group Co.,Ltd. over the last ten years is 1.64. The current 1.76 Current Ratio has changed 10.66% with respect to the historical average. Over the past ten years (40 quarters), 688360.SS's Current Ratio was at its highest in in the June 2020 quarter at 2.93. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
1.64
Median
1.67
Minimum
1.17
Maximum
2.08
Discovering the peaks and valleys of Damon Technology Group 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 = 23.02%
Maximum Annual Current Ratio = 2.08
Minimum Annual Increase = -17.50%
Minimum Annual Current Ratio = 1.17
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.76 | 6.54% |
| 2023 | 1.65 | -17.50% |
| 2022 | 2.00 | 9.70% |
| 2021 | 1.82 | -12.61% |
| 2020 | 2.08 | 23.02% |
| 2019 | 1.69 | 8.93% |
| 2018 | 1.56 | 18.59% |
| 2017 | 1.31 | -0.99% |
| 2016 | 1.32 | 13.68% |
| 2015 | 1.17 | 11.99% |
The current Current Ratio of Damon Technology Group Co.,Ltd. (688360.SS) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages
3-year avg
1.80
5-year avg
1.86
10-year avg
1.64
Damon Technology Group Co.,Ltd.’s Current Ratio is less than Zhongnanhong Culture Group Co. Ltd. Class A (4.46), greater than Jiangsu Yawei Machine Tool Co., Ltd. (1.18), greater than Beijing SOJO Electric Co., Ltd. (1.18), greater than Guangzhou Baiyun Electric Equipment Co., Ltd. (1.20), greater than JDM JingDaMachine(Ningbo)Co.Ltd (1.72), greater than Beijing Chieftain Control Engineering Technology Co., Ltd. (1.47), less than Ningbo Cixing Co.,Ltd. (2.27), greater than Jiangsu Rainbow Heavy Industries Co., Ltd. (1.43), greater than Canny Elevator Co., Ltd. (1.35), less than Wuhan Zhongyuan Huadian Science & Technology Co.,Ltd. (3.45),
| Company | Current Ratio | Market cap |
|---|---|---|
| 4.46 | $6.08B | |
| 1.18 | $5.74B | |
| 1.18 | $7.76B | |
| 1.20 | $5.71B | |
| 1.72 | $5.07B | |
| 1.47 | $5.16B | |
| 2.27 | $5.89B | |
| 1.43 | $6.24B | |
| 1.35 | $5.89B | |
| 3.45 | $5.21B |
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