Tsang Yow Industrial Co (TPE:1568) Cash Ratio: 1.18 (As of Jun. 2026) — 146% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1568 Tsang Yow Industrial Co Ltd TPE:1568
74 GF Score
Price NT$29.00
GF Value NT$25.43
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Tsang Yow Industrial Co Cash Ratio?

Tsang Yow Industrial Co TPE:1568 +0.17% 74 Cash Ratio is 1.18 as of Jun. 2026, which is 146% above its 10-year median of 0.48. GuruFocus rates TPE:1568 with a GF Score™ of 74/100 and a GF Value™ of NT$25.43 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,304 Vehicles & Parts companies, Tsang Yow Industrial Co ranks better than 84.43% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Tsang Yow Industrial Co's Cash Ratio for the quarter that ended in Jun. 2026 was 1.18.

Tsang Yow Industrial Co has a Cash Ratio of 1.18. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Tsang Yow Industrial Co's Cash Ratio or its related term are showing as below:

TPE:1568' s Cash Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.48   Max: 1.75
Current: 1.18

During the past 13 years, Tsang Yow Industrial Co's highest Cash Ratio was 1.75. The lowest was 0.07. And the median was 0.48.

TPE:1568's Cash Ratio is ranked better than
84.43% of 1304 companies
in the Vehicles & Parts industry
Industry Median: 0.35 vs TPE:1568: 1.18

Tsang Yow Industrial Co  (TPE:1568) 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.


Tsang Yow Industrial Co Cash Ratio Related Terms


Tsang Yow Industrial Co Cash Ratio Historical Data

* Premium members only.

The historical data trend for Tsang Yow Industrial Co's Cash 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.

Tsang Yow Industrial Co Cash Ratio Chart

Tsang Yow Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.60 1.66 1.33 1.38

Tsang Yow Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash 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 1.29 1.34 1.38 1.08 1.18

TPE:1568 vs ORLY, AZO, GPC: Cash Ratio Comparison

For the Auto Parts subindustry, Tsang Yow Industrial Co'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.


Tsang Yow Industrial Co Cash Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Tsang Yow Industrial Co's Cash Ratio falls into.


TPE:1568
74GF Score
Tsang Yow Industrial Co Ltd TPE:1568
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsang Yow Industrial Co Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Tsang Yow Industrial Co's Cash Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Cash Ratio (A: Dec. 2025 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=431.823/313.555
=1.38

Tsang Yow Industrial Co's Cash Ratio for the quarter that ended in Jun. 2026 is calculated as:

Cash Ratio (Q: Jun. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=478.964/405.546
=1.18

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 1.18 mean?
Tsang Yow Industrial Co (TPE:1568) has a Cash Ratio of 1.18 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Tsang Yow Industrial Co and its competitors. This is 146% above median its historical median of 0.48. Over the past decade, Tsang Yow Industrial Co's Cash Ratio has ranged from 0.07 to 1.75. According to the industry distribution chart, Tsang Yow Industrial Co ranks #203 out of 1304 companies in the Vehicles & Parts industry, placing it in the top 15.6%.
Is Tsang Yow Industrial Co's Cash Ratio too high?
Tsang Yow Industrial Co's current Cash Ratio of 1.18 is 146% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.75. The Vehicles & Parts industry median Cash Ratio is 0.35. Tsang Yow Industrial Co's value of 1.18 is 237.1% above this industry median. Based on the distribution chart, Tsang Yow Industrial Co ranks #203 out of 1304 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tsang Yow Industrial Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tsang Yow Industrial Co's Cash Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tsang Yow Industrial Co ranks #203 out of 1304 companies for Cash Ratio. This places Tsang Yow Industrial Co in the top 16% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.35. Tsang Yow Industrial Co's value of 1.18 is 237.1% above this benchmark. Historically, Tsang Yow Industrial Co's own Cash Ratio has ranged from 0.07 to 1.75 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.35, Tsang Yow Industrial Co 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 Vehicles & Parts company?
The median Cash Ratio among Vehicles & Parts companies is 0.35, based on 1,304 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. Tsang Yow Industrial Co's current Cash Ratio of 1.18 is 237.1% 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 Tsang Yow Industrial Co and its competitors. For the Vehicles & Parts industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsang Yow Industrial Co's current Cash Ratio is 1.18, which is 146% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsang Yow Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Tsang Yow Industrial Co (TPE:1568) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.43, compared to a current price of NT$29.00 — trading 14% above its estimated fair value. The current Cash Ratio is 1.18, which is 146% above median its 10-year median of 0.48 and 237.1% above the Vehicles & Parts industry median of 0.35. Tsang Yow Industrial Co's overall GF Score™ is 74/100 with 1 warning sign 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 Tsang Yow Industrial Co (TPE:1568), the current Cash Ratio is 1.18 as of Jun. 2026. 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 Tsang Yow Industrial Co (TPE:1568) Overvalued in 2026?

Based on GuruFocus' analysis, Tsang Yow Industrial Co stock appears to be overvalued. The current stock price of NT$29.00 is trading 14% above its estimated GF Value™ of NT$25.43. GuruFocus considers Tsang Yow Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1568:

  • Cash Ratio: 1.18 (146% above median its 10-year median of 0.48)
  • GF Value™: NT$25.43 vs. price of NT$29.00 (14% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 237.1% above the Vehicles & Parts median (#203 of 1304)

No single metric tells the full story. See the TPE:1568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsang Yow Industrial Co Business Description

Address No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. It engages in the business activities such as Manufacturing and wholesale of other machinery (automatic transmission and drivetrain systems), Manufacturing and wholesale of ships and parts, Manufacturing and wholesale of automobiles and parts, Manufacturing and wholesale of other machinery and devices (automatic transmission and drivetrain systems). It segments include Automatic transmission components for automobiles, Clutch parts for heavy-duty trucks, Drivetrain Parts for Industrial Machinery Automatic transmission components for air conditioner compressors, New energy vehicle motor, Parts finishing and Others. Key revenue is generated from Automatic transmission components for automobiles.
74GF Score

Get the complete analysis for TPE:1568

Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$29.00
Price
NT$25.43
GF Value