688722.SS
Price:
$18.39
Market Cap:
$4.13B
Beijing Tongyizhong New Material Technology Corporation engages in the research and development, production, and sale of UHMWPE fibers and its composite materials in China. The company provides HMPE fibers for ropes/nets, gloves, ballistics, cut-resistant, fishing lines, and pre-dyed. It also offers soft and hard ballistic, cut and stab resistant, and ballistic and stab resistant fabrics. In addition, it provides protective products, such as ballistic helmets and plates, vehicle armors, ballistic shields, explosion proof blankets, and body armors; cut-resistance bags, cool-feeling fabrics, high-performance ropes, fishery products, and cut-resistant clothes. The company was incorporated in 19...[Read more]
Industry
Apparel - Manufacturers
IPO Date
2021-10-19
Stock Exchange
SHH
Ticker
688722.SS
According to Beijing Tongyizhong New Material Technology Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.79. This represents a change of -22.12% compared to the average of 3.58 of the last 4 quarters.
The mean historical Current Ratio of Beijing Tongyizhong New Material Technology Corporation over the last ten years is 5.50. The current 2.79 Current Ratio has changed 4.97% with respect to the historical average. Over the past ten years (40 quarters), 688722.SS's Current Ratio was at its highest in in the December 2021 quarter at 10.87. The Current Ratio was at its lowest in in the March 2020 quarter at 0.
Average
5.50
Median
5.63
Minimum
1.40
Maximum
10.87
Discovering the peaks and valleys of Beijing Tongyizhong New Material Technology Corporation 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 = 291.41%
Maximum Annual Current Ratio = 10.87
Minimum Annual Increase = -59.84%
Minimum Annual Current Ratio = 1.40
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 6.48 | 12.43% |
| 2023 | 5.76 | 31.99% |
| 2022 | 4.37 | -59.84% |
| 2021 | 10.87 | 33.30% |
| 2020 | 8.16 | 48.63% |
| 2019 | 5.49 | 291.41% |
| 2018 | 1.40 | -3.98% |
The current Current Ratio of Beijing Tongyizhong New Material Technology Corporation (688722.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
5.54
5-year avg
7.13
10-year avg
5.50
Beijing Tongyizhong New Material Technology Corporation’s Current Ratio is greater than Zhejiang Jasan Holding Group Co., Ltd. (1.30), greater than Zhejiang Jiaxin Silk Corp., Ltd. (1.80), less than Jiangsu Lianfa Textile Co.,Ltd (3.02), less than Jiangsu Jujie Microfiber Technology Group Co., Ltd. (4.13), greater than Anhui Huamao Textile Co., Ltd. (1.85), greater than Zhewen Pictures Group co.,ltd (1.62), greater than Xingye Leather Technology Co., Ltd. (1.77), greater than ZheJiang KangLongDa Special Protection Technology Co., Ltd (0.57), greater than Annil Co.,Ltd (2.20), greater than Shanghai Dragon Corporation (1.65),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.30 | $4.05B | |
| 1.80 | $4.03B | |
| 3.02 | $4.46B | |
| 4.13 | $3.81B | |
| 1.85 | $4.67B | |
| 1.62 | $4.51B | |
| 1.77 | $4.09B | |
| 0.57 | $4.87B | |
| 2.20 | $3.39B | |
| 1.65 | $3.99B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Beijing Tongyizhong New Material Technology Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Beijing Tongyizhong New Material Technology Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Beijing Tongyizhong New Material Technology Corporation's Current Ratio?
How is the Current Ratio calculated for Beijing Tongyizhong New Material Technology Corporation (688722.SS)?
What is the highest Current Ratio for Beijing Tongyizhong New Material Technology Corporation (688722.SS)?
What is the 3-year average Current Ratio for Beijing Tongyizhong New Material Technology Corporation (688722.SS)?
What is the 5-year average Current Ratio for Beijing Tongyizhong New Material Technology Corporation (688722.SS)?
How does the current Current Ratio for Beijing Tongyizhong New Material Technology Corporation (688722.SS) compare to its historical average?