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China High Precision Automation Group has a Cash Ratio of 18.59. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
China High Precision Automation Group (OTCPK:HPAGF) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
China High Precision Automation Group Cash Ratio Related Terms
China High Precision Automation Group Cash Ratio Historical Data
* 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.
China High Precision Automation Group Cash Ratio Chart
For the Scientific & Technical Instruments subindustry, China High Precision Automation Group's Cash Ratio, along with its competitors' market caps and Cash 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.
China High Precision Automation Group Cash Ratio vs Hardware Industry
* 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.
China High Precision Automation Group (HPAGF) has a Cash Ratio of 18.59 as of Dec. 2025. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on China High Precision Automation Group and its competitors. This is 14% below median its historical median of 21.68. Over the past decade, China High Precision Automation Group's Cash Ratio has ranged from 18.56 to 26.00. According to the industry distribution chart, China High Precision Automation Group ranks #29 out of 2479 companies in the Hardware industry, placing it in the top 1.2%.
Is China High Precision Automation Group's Cash Ratio too high?
China High Precision Automation Group's current Cash Ratio of 18.59 is 14% below median its 10-year median of 21.68. Over the past 10 years, this metric has ranged from a low of 18.56 to a high of 26.00. The Hardware industry median Cash Ratio is 0.62. China High Precision Automation Group's value of 18.59 is 2898.4% above this industry median. Based on the distribution chart, China High Precision Automation Group ranks #29 out of 2479 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China High Precision Automation Group has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does China High Precision Automation Group's Cash Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, China High Precision Automation Group ranks #29 out of 2479 companies for Cash Ratio. This places China High Precision Automation Group in the top 1% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.62. China High Precision Automation Group's value of 18.59 is 2898.4% above this benchmark. Historically, China High Precision Automation Group's own Cash Ratio has ranged from 18.56 to 26.00 over the past decade. While the company's 10-year median is 21.68 vs. the industry median of 0.62, China High Precision Automation Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Hardware company?
The median Cash Ratio among Hardware companies is 0.62, based on 2,479 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China High Precision Automation Group's current Cash Ratio of 18.59 is 2898.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on China High Precision Automation Group and its competitors. For the Hardware industry, the median Cash Ratio is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China High Precision Automation Group's current Cash Ratio is 18.59, which is 14% below median its own 10-year median of 21.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Precision Automation Group stock overvalued right now?
China High Precision Automation Group (HPAGF) has a current Cash Ratio of 18.59. The stock's GF Value™ is $0.03, compared to a current price of $0.03 — trading 5% above its estimated fair value. The current Cash Ratio is 18.59, which is 14% below median its 10-year median of 21.68 and 2898.4% above the Hardware industry median of 0.62. China High Precision Automation Group's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For China High Precision Automation Group (HPAGF), the current Cash Ratio is 18.59 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China High Precision Automation Group (HPAGF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Precision Automation Group stock appears to be overvalued.
The current stock price of $0.03 is trading 5% above its estimated GF Value™ of $0.03.
Key valuation signals for HPAGF:
Cash Ratio: 18.59 (14% below median its 10-year median of 21.68)
GF Value™: $0.03 vs. price of $0.03 (5% above fair value)
Industry Position: 2898.4% above the Hardware median (#29 of 2479)
No single metric tells the full story. See the HPAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Precision Automation Group Ltd is an investment holding company. Through its subsidiaries engaged in the manufacturing and selling of and provision of consigned processing services on high precision industrial automation instrument and technology products, and the manufacturing and selling of multi-functional all plastic quartz watch movements. The company has the following two business segments: Automation instrument and technology products and Horological instruments. It generates the majority of its reveue from the sales of automation instrument and technology products.
46GF Score
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