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Jung Shing Wire CoTPE:1617 -3.05%77 Cash Ratio is 0.70 as of Jun. 2026, which is 20% below its 10-year median of 0.88. GuruFocus rates TPE:1617 with a GF Score™ of 77/100 and a GF Value™ of NT$19.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,036 Industrial Products companies, Jung Shing Wire Co ranks better than 61.76% on this metric.
Jung Shing Wire Co has a Cash Ratio of 0.70. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Jung Shing Wire Co's Cash Ratio or its related term are showing as below:
TPE:1617'
s Cash Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.88 Max: 1.15
Current: 0.7
During the past 13 years, Jung Shing Wire Co's highest Cash Ratio was 1.15. The lowest was 0.55. And the median was 0.88.
TPE:1617's Cash Ratio is ranked better than 61.76% of 3036
companies
in the Industrial Products industry
Industry Median: 0.49
vs TPE:1617: 0.70
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co Cash Ratio Related Terms
Jung Shing Wire Co Cash Ratio Historical Data
* Premium members only.
The historical data trend for Jung Shing Wire 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.
For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.
Jung Shing Wire Co Cash Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Jung Shing Wire Co's Cash Ratio falls into.
* 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.
Jung Shing Wire Co (TPE:1617) has a Cash Ratio of 0.70 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Jung Shing Wire Co and its competitors. This is 20% below median its historical median of 0.88. Over the past decade, Jung Shing Wire Co's Cash Ratio has ranged from 0.55 to 1.15. According to the industry distribution chart, Jung Shing Wire Co ranks #1161 out of 3036 companies in the Industrial Products industry, placing it in the top 38.2%.
Is Jung Shing Wire Co's Cash Ratio too high?
Jung Shing Wire Co's current Cash Ratio of 0.70 is 20% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.15. The Industrial Products industry median Cash Ratio is 0.49. Jung Shing Wire Co's value of 0.70 is 42.9% above this industry median. Based on the distribution chart, Jung Shing Wire Co ranks #1161 out of 3036 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jung Shing Wire Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's Cash Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #1161 out of 3036 companies for Cash Ratio. This puts Jung Shing Wire Co in the upper half of its industry. The industry median Cash Ratio is 0.49. Jung Shing Wire Co's value of 0.70 is 42.9% above this benchmark. Historically, Jung Shing Wire Co's own Cash Ratio has ranged from 0.55 to 1.15 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.49, Jung Shing Wire 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 an Industrial Products company?
The median Cash Ratio among Industrial Products companies is 0.49, based on 3,036 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. Jung Shing Wire Co's current Cash Ratio of 0.70 is 42.9% 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 Jung Shing Wire Co and its competitors. For the Industrial Products industry, the median Cash Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jung Shing Wire Co's current Cash Ratio is 0.70, which is 20% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.73, compared to a current price of NT$17.50 — trading 11.3% below its estimated fair value. The current Cash Ratio is 0.70, which is 20% below median its 10-year median of 0.88 and 42.9% above the Industrial Products industry median of 0.49. Jung Shing Wire Co's overall GF Score™ is 77/100 with 4 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 Jung Shing Wire Co (TPE:1617), the current Cash Ratio is 0.70 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?
Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be undervalued.
The current stock price of NT$17.50 is trading 11.3% below its estimated GF Value™ of NT$19.73.
GuruFocus considers Jung Shing Wire Co to be Modestly Undervalued.
Key valuation signals for TPE:1617:
Cash Ratio: 0.70 (20% below median its 10-year median of 0.88)
GF Value™: NT$19.73 vs. price of NT$17.50 (11.3% below fair value)
Industry Position: 42.9% above the Industrial Products median (#1161 of 3036)
No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
77GF Score
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