Qingdao Daneng Environmental Protection Equipment Co., Ltd.

Qingdao Daneng Environmental Protection Equipment Co., Ltd. - Current Ratioverified

688501.SS

Price:

$16.79

Market Cap:

$2.09B

Qingdao Daneng Environmental Protection Equipment Co., Ltd. engages in the design, manufacture, and sale of energy-saving and environmental protection equipment in China. The company provides slag energy saving and environmental protection treatment systems, such as dry slag and wet slag, and CFB boiler slag treatment systems; flue gas energy saving and environmental protection treatment systems; clean energy consumption systems; and desulfurization wastewater environmental protection treatment systems. It also offers energy-saving and environmentally protection treatment system for the metallurgical industry; and high thermal conductivity modified PPS pipes. The company serves customers in ...[Read more]

Industry

Industrial - Machinery

IPO Date

2021-07-16

Stock Exchange

SHH

Ticker

688501.SS

The Current Ratio as of July 2026 (TTM) for Qingdao Daneng Environmental Protection Equipment Co., Ltd. (688501.SS) is 1.40

According to Qingdao Daneng Environmental Protection Equipment Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of 5.78% compared to the average of 1.32 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 1.59. The current 1.40 Current Ratio has changed 8.68% 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

1.59

Median

1.59

Minimum

1.38

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 = 1.38

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.38-3.90%
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

1.49

5-year avg

1.61

10-year avg

1.59

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. (1.84), less than Zhejiang Weigang Technology Co., Ltd. (2.04), less than Tederic Machinery Co., Ltd. (1.76), less than Shanghai Chuangli Group Co., Ltd. (1.60), greater than Xiamen Zhongchuang Environmental Technology Co., Ltd (0.65), greater than Guangdong Yangshan United Precision Manufacturing Co., Ltd. (1.36), greater than Shanghai Tianyong Engineering Co., Ltd. (1.04), less than Tanac Automation Co., Ltd. (1.71), greater than Linzhou Heavy Machinery Group Co.,Ltd (0.62),

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