Zhejiang Furun Digital Technology Co

Zhejiang Furun Digital Technology Co Quick Ratio

Delisted

The Quick Ratio (Acid Test) of Zhejiang Furun Digital Technology Co (600070.SS) as of Nov 12, 2026 is 1.14. In the previous year, Quick Ratio (Acid Test) was 2.05 — a change of -44.37% (lower).

Quick Ratio

1.14

YoY

-44.37%

Last updated:

Quick Ratio (Acid Test) of Zhejiang Furun Digital Technology Co is 2023 1.14 . Quick Ratio (Acid Test) of Zhejiang Furun Digital Technology Co was 2022 2.05 . It decreases by -44.37% lower compared to the previous year.

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Zhejiang Furun Digital Technology Co Stock analysis

What does Zhejiang Furun Digital Technology Co do? Zhejiang Furun Digital Technology Co., Ltd. generates revenue through internet marketing and data analysis services, targeting domestic and international clients seeking digital marketing solutions. The company also sells seamless steel pipes and textile products, which are processed and distributed within China and exported globally. Their core offerings include internet marketing services, data analysis, seamless steel pipe manufacturing, and textile printing and dyeing, all serving both local and overseas markets. The firm's internet services segment focuses on providing marketing and data analysis to businesses, while the textile and steel pipe divisions handle production, processing, and sales. Seamless steel pipes are sold domestically and internationally, and textiles are printed, processed, and sold to global customers. These segments collectively drive the company's revenue streams across multiple industries. Zhejiang Furun Digital Technology's business model combines digital services with physical product manufacturing, leveraging its Shaoxing headquarters to serve both domestic and international markets. The company's services and products are distributed through established channels within China and exported to overseas markets, supporting a diversified revenue approach without relying on external partnerships or sponsorships. Zhejiang Furun Digital Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Zhejiang Furun Digital Technology Co stock

Quick Ratio (Acid Test) of Zhejiang Furun Digital Technology Co is 1.14 in 2023.

Quick Ratio (Acid Test) of Zhejiang Furun Digital Technology Co changed from 2.05 to 1.14, representing a -44.37% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Zhejiang Furun Digital Technology Co since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Zhejiang Furun Digital Technology Co with sector peers and the industry average to assess whether it is attractive.

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