Weiqiao Textile Company Limited

Weiqiao Textile Company Limitedverified

WQTEF

Price:

$0.14

Market Cap:

$1.18B

Weiqiao Textile Company Limited, together with its subsidiaries, engages in the manufacture and sale of cotton yarns, grey fabrics, and denims in Mainland China, Hong Kong, East Asia, Southeast Asia, South Asia, and internationally. The company operates through Textile Products, and Electricity and Steam segments. It also produces and sells polyester yarn and related products; and trades in textile raw materials and products. In addition, the company is involved in the generation and sale of electricity and steam. As of December 31, 2021, it had an installed capacity of 2,760 megawatts of thermal power assets. The company was incorporated in 1999 and is based in Zouping, the People's Republi...[Read more]

Industry

Apparel - Manufacturers

IPO Date

2010-04-05

Stock Exchange

OTC

Ticker

WQTEF

The Current Ratio as of November 2025 (TTM) for Weiqiao Textile Company Limited (WQTEF) is 2.11

According to Weiqiao Textile Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.11. This represents a change of -7.58% compared to the average of 2.28 of the last 4 quarters.

Weiqiao Textile Company Limited (WQTEF) Historical Current Ratio (quarterly & annually)

How has WQTEF Current Ratio performed in the past?

The mean historical Current Ratio of Weiqiao Textile Company Limited over the last ten years is 2.46. The current 2.11 Current Ratio has changed 8.47% with respect to the historical average. Over the past ten years (40 quarters), WQTEF's Current Ratio was at its highest in in the June 2022 quarter at 2.53. The Current Ratio was at its lowest in in the December 2022 quarter at 2.11.

Quarterly (TTM)
Annual

Average

2.46

Median

2.41

Minimum

2.11

Maximum

2.92

Weiqiao Textile Company Limited (WQTEF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Weiqiao Textile Company Limited 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 = 16.53%

Maximum Annual Current Ratio = 2.92

Minimum Annual Increase = -27.69%

Minimum Annual Current Ratio = 2.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20222.11-27.69%
20212.9216.53%
20202.508.16%

Weiqiao Textile Company Limited (WQTEF) Average Current Ratio

How has WQTEF Current Ratio performed in the past?

The current Current Ratio of Weiqiao Textile Company Limited (WQTEF) 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

2.51

5-year avg

2.46

10-year avg

2.46

Weiqiao Textile Company Limited (WQTEF) Current Ratio vs. Peers

How is WQTEF’s Current Ratio compared to its peers?

Weiqiao Textile Company Limited’s Current Ratio is greater than BEENOS Inc. (1.86), less than Carrianna Group Holdings Company Limited (0), greater than FOLLI FOLLIE Commercial Manufacturing And Technical S.A. (0.22), less than Hwa Fong Rubber (Thailand) Public Company Limited (5.15), greater than Global Fashion Group S.A. (1.06), greater than TOD'S S.p.A. (1.63), less than Focusrite plc (3.26), greater than Redbubble Limited (0.73), less than Charle Co.,Ltd. (7.03), greater than AGORA Hospitality Group Co., Ltd (1.15),

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