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Cheng LoongTPE:1904 72 Cash Ratio is 0.39 as of Jun. 2026, which is 8% above its 10-year median of 0.36. GuruFocus rates TPE:1904 with a GF Score™ of 72/100 and a GF Value™ of NT$21.19 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 271 Forest Products companies, Cheng Loong ranks better than 61.99% on this metric.
Cheng Loong has a Cash Ratio of 0.39. 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 Cheng Loong's Cash Ratio or its related term are showing as below:
TPE:1904'
s Cash Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.36 Max: 0.58
Current: 0.39
During the past 13 years, Cheng Loong's highest Cash Ratio was 0.58. The lowest was 0.22. And the median was 0.36.
TPE:1904's Cash Ratio is ranked better than 61.99% of 271
companies
in the Forest Products industry
Industry Median: 0.24
vs TPE:1904: 0.39
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.
Cheng Loong Cash Ratio Related Terms
Cheng Loong Cash Ratio Historical Data
* Premium members only.
The historical data trend for Cheng Loong'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 Paper & Paper Products subindustry, Cheng Loong'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.
Cheng Loong Cash Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Cheng Loong's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Cheng Loong'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.
Cheng Loong (TPE:1904) has a Cash Ratio of 0.39 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Cheng Loong and its competitors. This is near median its historical median of 0.36. Over the past decade, Cheng Loong's Cash Ratio has ranged from 0.22 to 0.58. According to the industry distribution chart, Cheng Loong ranks #103 out of 271 companies in the Forest Products industry, placing it in the top 38%.
Is Cheng Loong's Cash Ratio too high?
Cheng Loong's current Cash Ratio of 0.39 is near median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.58. The Forest Products industry median Cash Ratio is 0.24. Cheng Loong's value of 0.39 is 62.5% above this industry median. Based on the distribution chart, Cheng Loong ranks #103 out of 271 companies in the Forest Products industry, which is above the industry midpoint. Overall, Cheng Loong has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Loong's Cash Ratio compare to competitors?
According to the Forest Products industry distribution chart, Cheng Loong ranks #103 out of 271 companies for Cash Ratio. This puts Cheng Loong in the upper half of its industry. The industry median Cash Ratio is 0.24. Cheng Loong's value of 0.39 is 62.5% above this benchmark. Historically, Cheng Loong's own Cash Ratio has ranged from 0.22 to 0.58 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.24, Cheng Loong 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 Forest Products company?
The median Cash Ratio among Forest Products companies is 0.24, based on 271 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. Cheng Loong's current Cash Ratio of 0.39 is 62.5% 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 Cheng Loong and its competitors. For the Forest Products industry, the median Cash Ratio is 0.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Loong's current Cash Ratio is 0.39, which is near median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Loong stock overvalued right now?
Based on GuruFocus' analysis, Cheng Loong (TPE:1904) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$21.19, compared to a current price of NT$24.45 — trading 15.4% above its estimated fair value. The current Cash Ratio is 0.39, which is near median its 10-year median of 0.36 and 62.5% above the Forest Products industry median of 0.24. Cheng Loong's overall GF Score™ is 72/100 with 11 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 Cheng Loong (TPE:1904), the current Cash Ratio is 0.39 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 Cheng Loong (TPE:1904) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Loong stock appears to be overvalued.
The current stock price of NT$24.45 is trading 15.4% above its estimated GF Value™ of NT$21.19.
GuruFocus considers Cheng Loong to be Modestly Overvalued.
Key valuation signals for TPE:1904:
Cash Ratio: 0.39 (near median its 10-year median of 0.36)
GF Value™: NT$21.19 vs. price of NT$24.45 (15.4% above fair value)
Industry Position: 62.5% above the Forest Products median (#103 of 271)
No single metric tells the full story. See the TPE:1904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from the manufacturing and sale of industrial paper, corrugated containers, and related products. Its geographical segments are Taiwan, which generates key revenue, China, and Southeast Asia.
72GF Score
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