688586.SS
Price:
$12.1
Market Cap:
$9.58B
Hefei Jianghang Aircraft Equipment Corporation Ltd. manufactures and sells aviation equipment for aerospace and defense sector in China. It offers aviation oxygen and airborne oil tank inertia protection systems, aircraft auxiliary fuel tanks, and other aviation products, as well as special refrigeration equipment. Hefei Jianghang Aircraft Equipment Corporation Ltd. was founded in 2007 and is based in Hefei City, China. Hefei Jianghang Aircraft Equipment Corporation Ltd. is a subsidiary of AVIC Electromechanical Systems Co., Ltd.
Industry
Aerospace & Defense
IPO Date
2020-07-31
Stock Exchange
SHH
Ticker
688586.SS
According to Hefei Jianghang Aircraft Equipment Corporation Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.15. This represents a change of -3.55% compared to the average of 3.26 of the last 4 quarters.
The mean historical Current Ratio of Hefei Jianghang Aircraft Equipment Corporation Ltd. over the last ten years is 2.50. The current 3.15 Current Ratio has changed 12.50% with respect to the historical average. Over the past ten years (40 quarters), 688586.SS's Current Ratio was at its highest in in the March 2021 quarter at 4.02. The Current Ratio was at its lowest in in the March 2019 quarter at 0.
Average
2.50
Median
2.78
Minimum
1.15
Maximum
3.74
Discovering the peaks and valleys of Hefei Jianghang Aircraft Equipment Corporation 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 = 81.47%
Maximum Annual Current Ratio = 3.74
Minimum Annual Increase = -25.61%
Minimum Annual Current Ratio = 1.15
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.39 | -0.46% |
| 2023 | 3.40 | 13.01% |
| 2022 | 3.01 | 8.33% |
| 2021 | 2.78 | -25.61% |
| 2020 | 3.74 | 81.47% |
| 2019 | 2.06 | 15.35% |
| 2018 | 1.79 | 55.04% |
| 2017 | 1.15 | -0.11% |
The current Current Ratio of Hefei Jianghang Aircraft Equipment Corporation Ltd. (688586.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
3.27
5-year avg
3.27
10-year avg
2.50
Hefei Jianghang Aircraft Equipment Corporation Ltd.’s Current Ratio is greater than Jiangsu Maixinlin Aviation Science and Technology Corp. (1.04), less than Jiangxi Xinyu Guoke Technology Co., Ltd (3.30), greater than Aecc Aero Science and Technology Co.,Ltd (1.17), greater than Sichuan Haite High-tech Co., Ltd. (1.54), greater than Beijing Beimo High-tech Frictional Material Co.,Ltd (2.65), less than Chengdu ALD Aviation Manufacturing Corporation (6.99), greater than Guizhou Aviation Technical Development Co., Ltd (2.26), less than Xi'an ChenXi Aviation Technology Corp., Ltd. (3.97), greater than Shaanxi Zhongtian Rocket Technology Co., Ltd (2.24), greater than Huadian Heavy Industries Co., Ltd. (1.35),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.04 | $7.41B | |
| 3.30 | $9.27B | |
| 1.17 | $9.19B | |
| 1.54 | $10.02B | |
| 2.65 | $9.38B | |
| 6.99 | $7.82B | |
| 2.26 | $10.25B | |
| 3.97 | $9.56B | |
| 2.24 | $9.58B | |
| 1.35 | $9.07B |
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