Neway CNC Equipment (Suzhou) Co., Ltd.

Neway CNC Equipment (Suzhou) Co., Ltd.verified

688697.SS

Price:

$15.38

Market Cap:

$7.03B

Neway CNC Equipment (Suzhou) Co., Ltd. manufactures industrial machinery worldwide. The company produces numerically-controlled machine tools, numerical control systems, actuating devices, and other products. It also provides after sales and other services. The company was founded in 1997 and is based in Suzhou, China.

Industry

Industrial - Machinery

IPO Date

2021-09-17

Stock Exchange

SHH

Ticker

688697.SS

The Current Ratio as of December 2025 (TTM) for Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS) is 1.36

According to Neway CNC Equipment (Suzhou) Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.36. This represents a change of -4.17% compared to the average of 1.42 of the last 4 quarters.

Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS) Historical Current Ratio (quarterly & annually)

How has 688697.SS Current Ratio performed in the past?

The mean historical Current Ratio of Neway CNC Equipment (Suzhou) Co., Ltd. over the last ten years is 1.28. The current 1.36 Current Ratio has changed 10.47% with respect to the historical average. Over the past ten years (40 quarters), 688697.SS's Current Ratio was at its highest in in the March 2022 quarter at 1.60. The Current Ratio was at its lowest in in the September 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

1.28

Median

1.32

Minimum

0.97

Maximum

1.52

Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Neway CNC Equipment (Suzhou) 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 = 30.19%

Maximum Annual Current Ratio = 1.52

Minimum Annual Increase = -2.94%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.48-2.94%
20231.522.12%
20221.49-2.26%
20211.5230.19%
20201.176.25%
20191.109.11%
20181.014.14%

Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS) Average Current Ratio

How has 688697.SS Current Ratio performed in the past?

The current Current Ratio of Neway CNC Equipment (Suzhou) Co., Ltd. (688697.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

1.50

5-year avg

1.44

10-year avg

1.28

Neway CNC Equipment (Suzhou) Co., Ltd. (688697.SS) Current Ratio vs. Peers

How is 688697.SS’s Current Ratio compared to its peers?

Neway CNC Equipment (Suzhou) Co., Ltd.’s Current Ratio is less than Jiangsu Shentong Valve Co., Ltd. (1.57), less than Sinoseal Holding Co., Ltd. (3.96), greater than Hangzhou Advance Gearbox Group Co., Ltd. (1.18), less than Guangzhou KDT Machinery Co.,Ltd. (3.75), greater than J.S. Corrugating Machinery Co., Ltd. (1.30), less than Longhua Technology Group Co.,Ltd. (1.95), less than Sanchuan Wisdom Technology Co., Ltd. (4.74), less than Shandong Weida Machinery Co., Ltd. (3.68), less than Hunan Yujing Machinery Co.,Ltd (1.41), less than Allied Machinery Co., Ltd. (2.96),

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