As of June 6, 2025, ZHEJIANG DIBAY ELECTRIC Co Ltd (603320.SS) reports a Current Ratio of 1.85.
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 ZHEJIANG DIBAY ELECTRIC Co Ltd's Current Ratio
Over recent years, ZHEJIANG DIBAY ELECTRIC Co Ltd's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.85 |
| 2023-12-31 | 2.96 |
| 2022-12-31 | 3.58 |
| 2021-12-31 | 3.23 |
| 2020-12-31 | 3.59 |
This slight downward trend highlights how ZHEJIANG DIBAY ELECTRIC Co Ltd manages its short-term assets and liabilities over time.
Comparing ZHEJIANG DIBAY ELECTRIC Co Ltd's Current Ratio to Peers
To better understand ZHEJIANG DIBAY ELECTRIC Co Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| ZHEJIANG DIBAY ELECTRIC Co Ltd (603320.SS) | 1.85 |
| Qingdao Weflo Valve Co Ltd (002871.SZ) | 3.97 |
| Ken Holding Co Ltd (300126.SZ) | 3.87 |
| Sichuan Kexin Mechanical and Electrical Equipment Co Ltd (300092.SZ) | 2.77 |
| QingHai HuaDing Industrial Co Ltd (600243.SS) | 2.61 |
| Tianjin Saixiang Technology Co Ltd (002337.SZ) | 2.43 |
Compared to its competitors, ZHEJIANG DIBAY ELECTRIC Co Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.