688556.SS
Price:
$11.08
Market Cap:
$8.43B
Qingdao Gaoce Technology Co., Ltd researches, develops, manufactures, and sells cutting equipment for hard and brittle materials, and cutting tools in China. It offers wire cutting equipment and tools, including grinding polishing and chamfering machines, silicon wafering machines, full-automatic diamond wire multi-silicon squaring machines, mono-silicon cutting machines, polysilicon croppers, multi-silicon brick cutting machines, single mono-silicon rod squaring machines, silicon waering diamond wires, and sapphire wafering diamond wires. The company also provides tire testing machines, such as tire section cutting machines, durability testing machines for construction machinery tire, indus...[Read more]
Industry
Industrial - Machinery
IPO Date
2020-08-07
Stock Exchange
SHH
Ticker
688556.SS
According to Qingdao Gaoce Technology Co., Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 2.07. This represents a change of -3.68% compared to the average of 2.15 of the last 4 quarters.
The mean historical Current Ratio of Qingdao Gaoce Technology Co., Ltd over the last ten years is 1.47. The current 2.07 Current Ratio has changed 13.96% with respect to the historical average. Over the past ten years (40 quarters), 688556.SS's Current Ratio was at its highest in in the December 2015 quarter at 2.34. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
1.47
Median
1.33
Minimum
1.11
Maximum
2.34
Discovering the peaks and valleys of Qingdao Gaoce Technology 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 = 101.92%
Maximum Annual Current Ratio = 2.34
Minimum Annual Increase = -51.59%
Minimum Annual Current Ratio = 1.11
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.97 | 28.34% |
| 2023 | 1.54 | 6.62% |
| 2022 | 1.44 | 18.35% |
| 2021 | 1.22 | -27.79% |
| 2020 | 1.69 | 47.46% |
| 2019 | 1.14 | 2.86% |
| 2018 | 1.11 | -3.10% |
| 2017 | 1.15 | 1.23% |
| 2016 | 1.13 | -51.59% |
| 2015 | 2.34 | 101.92% |
The current Current Ratio of Qingdao Gaoce Technology Co., Ltd (688556.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.65
5-year avg
1.57
10-year avg
1.47
Qingdao Gaoce Technology Co., Ltd’s Current Ratio is greater than Mesnac Co., Ltd. (1.26), greater than Hebei Huijin Group Co., Ltd. (1.43), greater than Hunan Yujing Machinery Co.,Ltd (1.41), greater than Jiangsu Huahong Technology Co., Ltd. (1.86), greater than Guangdong Lyric Robot Automation Co., Ltd. (0.98), greater than Shenzhen Colibri Technologies Co., Ltd. (1.62), greater than SUFA Technology Industry Co., Ltd. CNNC (1.73), greater than Nanfang Pump Industry Co., Ltd. Class A (1.40), less than Hangzhou Heatwell Electric Heating Technology Co., Ltd. (2.10), greater than Shanghai GenTech Co., Ltd. (1.34),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.26 | $8.29B | |
| 1.43 | $7.71B | |
| 1.41 | $7.21B | |
| 1.86 | $8.29B | |
| 0.98 | $9.05B | |
| 1.62 | $8.14B | |
| 1.73 | $8.00B | |
| 1.40 | $8.64B | |
| 2.10 | $8.83B | |
| 1.34 | $8.83B |
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