688677.SS
Price:
$46.69
Market Cap:
$5.60B
Qingdao NovelBeam Technology Co., Ltd. provides components and optical solutions for medical, life science, laser, and micro-display projection applications worldwide. It offers medical endoscopy products, such as endoscopes, camera couplers, camera lens, and light source modules; and optical products comprising medical optics, laser/industrial products, and biometrics. The company was founded in 2003 and is based in Qingdao, China.
Industry
Medical - Instruments & Supplies
IPO Date
2021-02-26
Stock Exchange
SHH
Ticker
688677.SS
According to Qingdao NovelBeam Technology Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 4.75. This represents a change of -33.13% compared to the average of 7.11 of the last 4 quarters.
The mean historical Current Ratio of Qingdao NovelBeam Technology Co.,Ltd. over the last ten years is 4.87. The current 4.75 Current Ratio has changed 9.67% with respect to the historical average. Over the past ten years (40 quarters), 688677.SS's Current Ratio was at its highest in in the September 2021 quarter at 19.79. The Current Ratio was at its lowest in in the March 2015 quarter at 0.
Average
4.87
Median
3.32
Minimum
1.16
Maximum
12.66
Discovering the peaks and valleys of Qingdao NovelBeam 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 = 409.35%
Maximum Annual Current Ratio = 12.66
Minimum Annual Increase = -56.65%
Minimum Annual Current Ratio = 1.16
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.15 | -41.99% |
| 2023 | 10.60 | 92.98% |
| 2022 | 5.49 | -56.65% |
| 2021 | 12.66 | 409.35% |
| 2020 | 2.49 | 52.95% |
| 2019 | 1.63 | -50.60% |
| 2018 | 3.29 | -1.87% |
| 2017 | 3.35 | 82.29% |
| 2016 | 1.84 | 58.71% |
| 2015 | 1.16 | 24.10% |
The current Current Ratio of Qingdao NovelBeam Technology Co.,Ltd. (688677.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
7.41
5-year avg
7.48
10-year avg
4.87
Qingdao NovelBeam Technology Co.,Ltd.’s Current Ratio is less than Hangzhou Alltest Biotech Co., Ltd. (8.88), greater than Shenzhen Lifotronic Technology Co., Ltd. (3.30), greater than Blue Sail Medical Co.,Ltd. (0.87), greater than Zhonghong Pulin Medical Products Co., Ltd. (3.17), greater than Novogene Co., Ltd. (2.61), greater than Jiangxi Sanxin Medtec Co.,Ltd. (1.49), greater than Allmed Medical Products Co., Ltd (2.00), greater than Jianmin Pharmaceutical Group Co.,Ltd. (1.59), greater than Chimin Health Management Co., Ltd. (1.03), less than Jinghua Pharmaceutical Group Co., Ltd. (5.23),
| Company | Current Ratio | Market cap |
|---|---|---|
| 8.88 | $5.08B | |
| 3.30 | $5.83B | |
| 0.87 | $5.53B | |
| 3.17 | $6.60B | |
| 2.61 | $5.54B | |
| 1.49 | $4.73B | |
| 2.00 | $7.27B | |
| 1.59 | $5.66B | |
| 1.03 | $4.93B | |
| 5.23 | $6.55B |
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