As of June 13, 2025, Changshu Fengfan Power Equipment Co Ltd (601700.SS) reports a Current Ratio of 1.22.
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 Changshu Fengfan Power Equipment Co Ltd's Current Ratio
Over recent years, Changshu Fengfan Power Equipment Co Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2023-12-31 | 1.22 |
| 2022-12-31 | 1.66 |
| 2021-12-31 | 1.62 |
| 2020-12-31 | 1.77 |
| 2019-12-31 | 1.69 |
This slight downward trend highlights how Changshu Fengfan Power Equipment Co Ltd manages its short-term assets and liabilities over time.
Comparing Changshu Fengfan Power Equipment Co Ltd's Current Ratio to Peers
To better understand Changshu Fengfan Power Equipment Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Changshu Fengfan Power Equipment Co Ltd (601700.SS) | 1.22 |
| Tieling Newcity Investment Holding Group Ltd (000809.SZ) | 6.34 |
| Haibo Heavy Engineering Science and Technology Co Ltd (300517.SZ) | 3.80 |
| HES Technology Group Co Ltd (002963.SZ) | 3.39 |
| Zhongyan Technology Co Ltd (003001.SZ) | 2.51 |
| L&K Engineering Suzhou Co Ltd (603929.SS) | 1.76 |
Compared to its competitors, Changshu Fengfan Power Equipment Co Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.