Qingdao NovelBeam Technology Co.,Ltd.

Qingdao NovelBeam Technology Co.,Ltd.verified

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

The Current Ratio as of December 2025 (TTM) for Qingdao NovelBeam Technology Co.,Ltd. (688677.SS) is 4.75

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.

Qingdao NovelBeam Technology Co.,Ltd. (688677.SS) Historical Current Ratio (quarterly & annually)

How has 688677.SS Current Ratio performed in the past?

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.

Quarterly (TTM)
Annual

Average

4.87

Median

3.32

Minimum

1.16

Maximum

12.66

Qingdao NovelBeam Technology Co.,Ltd. (688677.SS) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20246.15-41.99%
202310.6092.98%
20225.49-56.65%
202112.66409.35%
20202.4952.95%
20191.63-50.60%
20183.29-1.87%
20173.3582.29%
20161.8458.71%
20151.1624.10%

Qingdao NovelBeam Technology Co.,Ltd. (688677.SS) Average Current Ratio

How has 688677.SS Current Ratio performed in the past?

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. (688677.SS) Current Ratio vs. Peers

How is 688677.SS’s Current Ratio compared to its peers?

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),

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