As of June 12, 2025, AVIC Heavy Machinery Co Ltd (600765.SS) reports a Current Ratio of 1.82.
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 AVIC Heavy Machinery Co Ltd's Current Ratio
Over recent years, AVIC Heavy Machinery Co Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.82 |
| 2023-12-31 | 1.69 |
| 2022-12-31 | 1.68 |
| 2021-12-31 | 2.10 |
| 2020-12-31 | 1.90 |
This steady improvement highlights how AVIC Heavy Machinery Co Ltd manages its short-term assets and liabilities over time.
Comparing AVIC Heavy Machinery Co Ltd's Current Ratio to Peers
To better understand AVIC Heavy Machinery Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| AVIC Heavy Machinery Co Ltd (600765.SS) | 1.82 |
| Himile Mechanical Science and Technology Shandong Co Ltd (002595.SZ) | 5.55 |
| Jiangsu Guomao Reducer Co Ltd (603915.SS) | 2.35 |
| North Industries Group Red Arrow Co Ltd (000519.SZ) | 2.13 |
| Jingwei Textile Machinery Co Ltd (000666.SZ) | 1.97 |
| Neway Valve Suzhou Co Ltd (603699.SS) | 1.80 |
Compared to its competitors, AVIC Heavy Machinery 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.