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Sun-Create Electronics Co (SHSE:600990) Current Ratio : 1.22 (As of Mar. 2025)


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What is Sun-Create Electronics Co Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Sun-Create Electronics Co's current ratio for the quarter that ended in Mar. 2025 was 1.22.

Sun-Create Electronics Co has a current ratio of 1.22. It generally indicates good short-term financial strength.

The historical rank and industry rank for Sun-Create Electronics Co's Current Ratio or its related term are showing as below:

SHSE:600990' s Current Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.23   Max: 1.44
Current: 1.22

During the past 13 years, Sun-Create Electronics Co's highest Current Ratio was 1.44. The lowest was 1.02. And the median was 1.23.

SHSE:600990's Current Ratio is ranked worse than
82.32% of 2455 companies
in the Hardware industry
Industry Median: 2.01 vs SHSE:600990: 1.22

Sun-Create Electronics Co Current Ratio Historical Data

The historical data trend for Sun-Create Electronics Co's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun-Create Electronics Co Current Ratio Chart

Sun-Create Electronics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.30 1.34 1.23 1.23

Sun-Create Electronics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 1.28 1.30 1.23 1.22

Competitive Comparison of Sun-Create Electronics Co's Current Ratio

For the Communication Equipment subindustry, Sun-Create Electronics Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sun-Create Electronics Co's Current Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sun-Create Electronics Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Sun-Create Electronics Co's Current Ratio falls into.


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Sun-Create Electronics Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Sun-Create Electronics Co's Current Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Current Ratio (A: Dec. 2024 )=Total Current Assets (A: Dec. 2024 )/Total Current Liabilities (A: Dec. 2024 )
=4072.832/3320.684
=1.23

Sun-Create Electronics Co's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=3883.184/3177.978
=1.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sun-Create Electronics Co  (SHSE:600990) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Sun-Create Electronics Co Current Ratio Related Terms

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Sun-Create Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3366, Xiyou Road, High-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Sun-Create Electronics Co Ltd is engaged in military-civilian integration radar industry, smart industry, energy industry. The company designs, produces, installs and sells satellite TV broadcast ground receiving equipment; service of complete radar and its supporting products, integrated circuits, radio and television and microwave communication products, electronic system engineering and its products ; Cable TV engineering design and installation.
Executives
Han Yao Qing senior management
Wang Xiang Xin senior management
Ren Xiao Wei Directors, senior managers
Wang Jian senior management
Chen Xiao Hui senior management
Pan Jie senior management
Yu Xiao Qiang senior management
Zhang Xiao Qi Director
Zhou Shi Xing senior management
Lin Liang senior management
Wang Jing Yu senior management

Sun-Create Electronics Co Headlines

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