As of June 8, 2025, Hunan Corun New Energy Co Ltd (600478.SS) reports a Current Ratio of 0.65.
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 Hunan Corun New Energy Co Ltd's Current Ratio
Over recent years, Hunan Corun New Energy Co Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.65 |
| 2023-12-31 | 0.70 |
| 2022-12-31 | 0.80 |
| 2021-12-31 | 1.07 |
| 2020-12-31 | 0.96 |
This slight downward trend highlights how Hunan Corun New Energy Co Ltd manages its short-term assets and liabilities over time.
Comparing Hunan Corun New Energy Co Ltd's Current Ratio to Peers
To better understand Hunan Corun New Energy Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Hunan Corun New Energy Co Ltd (600478.SS) | 0.65 |
| Sun.King Technology Group Ltd (580.HK) | 4.26 |
| Shenzhen Zhaowei Machinery & Electronics Co Ltd (003021.SZ) | 3.66 |
| Ocean's King Lighting Science & Technology Co Ltd (002724.SZ) | 3.41 |
| Motic Xiamen Electric Group Co Ltd (300341.SZ) | 3.29 |
| Changzhou Kaidi Electrical Inc (605288.SS) | 3.12 |
Compared to its competitors, Hunan Corun New Energy Co Ltd's Current Ratio is lower than all peers, suggesting tighter liquidity management or potential short-term obligations concerns.