Qingdao Daneng Environmental Protection Equipment Co., Ltd.

Qingdao Daneng Environmental Protection Equipment Co., Ltd.verified

688501.SS

Price:

$26.68

Market Cap:

$3.31B

Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the research and development, manufacture, and supply of various technologies for coal-fired power plants in China. It provides ash handling systems, such as dry bottom and wet bottom ash handing systems; fly ash pneumatic conveying systems; pyrites handing systems; and CFB boiler bottom ash handling systems, as well as flue gas heat recovery systems, such as flue gas coolers and flue gas reheaters. The company was founded in 2006 and is based in Qingdao, China.

Industry

Industrial - Machinery

IPO Date

2021-07-16

Stock Exchange

SHH

Ticker

688501.SS

The Current Ratio as of December 2025 (TTM) for Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) is 1.28

According to Qingdao Daneng Environmental Protection Equipment Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.28. This represents a change of -1.64% compared to the average of 1.30 of the last 4 quarters.

Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) Historical Current Ratio (quarterly & annually)

How has 688501.SS Current Ratio performed in the past?

The mean historical Current Ratio of Qingdao Daneng Environmental Protection Equipment Co., Ltd. over the last ten years is 1.62. The current 1.28 Current Ratio has changed 7.81% with respect to the historical average. Over the past ten years (40 quarters), 688501.SS's Current Ratio was at its highest in in the September 2021 quarter at 2.00. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.62

Median

1.60

Minimum

1.44

Maximum

1.91

Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Qingdao Daneng Environmental Protection Equipment 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 = 21.44%

Maximum Annual Current Ratio = 1.91

Minimum Annual Increase = -13.38%

Minimum Annual Current Ratio = 1.44

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.44-11.89%
20231.64-1.37%
20221.66-13.38%
20211.9121.44%
20201.58-2.84%
20191.622.26%
20181.594.75%

Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) Average Current Ratio

How has 688501.SS Current Ratio performed in the past?

The current Current Ratio of Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.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

1.58

5-year avg

1.65

10-year avg

1.62

Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) Current Ratio vs. Peers

How is 688501.SS’s Current Ratio compared to its peers?

Qingdao Daneng Environmental Protection Equipment Co., Ltd.’s Current Ratio is greater than Jiangsu Newamstar Packaging Machinery Co.,Ltd (1.22), less than IFE Elevators Co., Ltd. (1.81), less than Zhejiang Weigang Technology Co., Ltd. (2.27), less than Zhejiang Tederic Machinery Co., Ltd. (1.68), less than Shanghai Chuangli Group Co., Ltd. (1.60), greater than Xiamen Zhongchuang Environmental Technology Co., Ltd (0.69), less than Guangdong Yangshan United Precision Manufacturing Co., Ltd. (1.56), greater than Shanghai Tianyong Engineering Co., Ltd. (0.94), less than Tanac Automation Co., Ltd. (1.70), greater than Linzhou Heavy Machinery Group Co.,Ltd (0.63),

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