As of June 12, 2025, AVCON Information Technology Co Ltd (300074.SZ) reports a Current Ratio of 2.44.
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 AVCON Information Technology Co Ltd's Current Ratio
Over recent years, AVCON Information Technology Co Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.44 |
| 2023-12-31 | 1.92 |
| 2022-12-31 | 2.63 |
| 2021-12-31 | 2.54 |
| 2020-12-31 | 1.86 |
This slight upward trend highlights how AVCON Information Technology Co Ltd manages its short-term assets and liabilities over time.
Comparing AVCON Information Technology Co Ltd's Current Ratio to Peers
To better understand AVCON Information Technology Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| AVCON Information Technology Co Ltd (300074.SZ) | 2.44 |
| Chengdu SIWI Science and Technology Co Ltd (1202.HK) | 9.50 |
| 3onedata Co Ltd (688618.SS) | 6.75 |
| Lootom Telcovideo Network Wuxi Co Ltd (300555.SZ) | 5.57 |
| Beijing InHand Networks Technology Co Ltd (688080.SS) | 4.99 |
| T&S Communications Co Ltd (300570.SZ) | 4.04 |
Compared to its competitors, AVCON Information Technology Co Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.