What is 000423.SZ Current Ratio?

Dong-E-E-Jiao Co Ltd (000423.SZ) Current Ratio

As of June 21, 2025, Dong-E-E-Jiao Co Ltd (000423.SZ) reports a Current Ratio of 3.95.

Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.

Historical Trend of Dong-E-E-Jiao Co Ltd's Current Ratio

Over recent years, Dong-E-E-Jiao Co Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:

Date Current Ratio
2024-12-31 3.95
2023-12-31 4.38
2022-12-31 4.66
2021-12-31 6.02
2020-12-31 7.46

This slight downward trend highlights how Dong-E-E-Jiao Co Ltd manages its short-term assets and liabilities over time.

Comparing Dong-E-E-Jiao Co Ltd's Current Ratio to Peers

To better understand Dong-E-E-Jiao Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:

Company Current Ratio
Dong-E-E-Jiao Co Ltd (000423.SZ) 3.95
Chengdu Kanghong Pharmaceutical Group Co Ltd (002773.SZ) 9.60
Zhejiang Wolwo Bio-Pharmaceutical Co Ltd (300357.SZ) 9.05
Wuhan Keqian Biology Co Ltd (688526.SS) 5.34
Zhejiang Xianju Pharmaceutical Co Ltd (002332.SZ) 4.19
Hubei Jumpcan Pharmaceutical Co Ltd (600566.SS) 4.16

Compared to its competitors, Dong-E-E-Jiao Co Ltd's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.