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Chang Wah Electronmaterials has a Cash Ratio of 1.66. 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 Chang Wah Electronmaterials's Cash Ratio or its related term are showing as below:
TPE:8070'
s Cash Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.78 Max: 1.86
Current: 1.66
During the past 13 years, Chang Wah Electronmaterials's highest Cash Ratio was 1.86. The lowest was 0.42. And the median was 0.78.
TPE:8070's Cash Ratio is ranked better than 79.92% of 2470
companies
in the Hardware industry
Industry Median: 0.57
vs TPE:8070: 1.66
Chang Wah Electronmaterials (TPE:8070) 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.
Chang Wah Electronmaterials Cash Ratio Related Terms
Chang Wah Electronmaterials 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.
For the Electronics & Computer Distribution subindustry, Chang Wah Electronmaterials'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.
Chang Wah Electronmaterials Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Chang Wah Electronmaterials's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Chang Wah Electronmaterials'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.
Chang Wah Electronmaterials (TPE:8070) has a Cash Ratio of 1.66 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Chang Wah Electronmaterials and its competitors. This is 113% above median its historical median of 0.78. Over the past decade, Chang Wah Electronmaterials' Cash Ratio has ranged from 0.42 to 1.86. According to the industry distribution chart, Chang Wah Electronmaterials ranks #496 out of 2470 companies in the Hardware industry, placing it in the top 20.1%.
Is Chang Wah Electronmaterials' Cash Ratio too high?
Chang Wah Electronmaterials' current Cash Ratio of 1.66 is 113% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.86. The Hardware industry median Cash Ratio is 0.57. Chang Wah Electronmaterials' value of 1.66 is 191.2% above this industry median. Based on the distribution chart, Chang Wah Electronmaterials ranks #496 out of 2470 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chang Wah Electronmaterials has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Electronmaterials' Cash Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, Chang Wah Electronmaterials ranks #496 out of 2470 companies for Cash Ratio. This places Chang Wah Electronmaterials in the top 20% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.57. Chang Wah Electronmaterials' value of 1.66 is 191.2% above this benchmark. Historically, Chang Wah Electronmaterials' own Cash Ratio has ranged from 0.42 to 1.86 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.57, Chang Wah Electronmaterials 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 0.57, based on 2,470 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. Chang Wah Electronmaterials's current Cash Ratio of 1.66 is 191.2% 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 Chang Wah Electronmaterials and its competitors. For the Hardware industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chang Wah Electronmaterials's current Cash Ratio is 1.66, which is 113% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Electronmaterials stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Electronmaterials (TPE:8070) is currently considered Fairly Valued. The stock's GF Value™ is NT$52.27, compared to a current price of NT$50.30 — trading 3.8% below its estimated fair value. The current Cash Ratio is 1.66, which is 113% above median its 10-year median of 0.78 and 191.2% above the Hardware industry median of 0.57. Chang Wah Electronmaterials' overall GF Score™ is 84/100 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 Chang Wah Electronmaterials (TPE:8070), the current Cash Ratio is 1.66 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 Chang Wah Electronmaterials (TPE:8070) Overvalued in 2026?
Based on GuruFocus' analysis, Chang Wah Electronmaterials stock appears to be undervalued.
The current stock price of NT$50.30 is trading 3.8% below its estimated GF Value™ of NT$52.27.
GuruFocus considers Chang Wah Electronmaterials to be Fairly Valued.
Key valuation signals for TPE:8070:
Cash Ratio: 1.66 (113% above median its 10-year median of 0.78)
GF Value™: NT$52.27 vs. price of NT$50.30 (3.8% below fair value)
Industry Position: 191.2% above the Hardware median (#496 of 2470)
No single metric tells the full story. See the TPE:8070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chang Wah Electronmaterials Inc trades electrical, telecommunication, and semiconductor materials and parts, and engages in import and export trading, leasing, manufacturing, and selling of electrical appliances, telecommunication equipment, and mechanical parts, retailing of synthetic resin, electronic materials, and components. The company operates in two geographical areas - Taiwan and Asia. The company's reportable segments include IC Leadframe, Substrate, EME, and Others. The majority of its revenue is generated from the EME segment.
84GF Score
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