Techking Tires (BJSE:920020) Current Ratio: 2.11 (As of Jun. 2026) — 10% Above Median

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BJSE:920020 Techking Tires Ltd BJSE:920020
18 GF Score
Price ¥14.69
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What is Techking Tires Current Ratio?

Techking Tires BJSE:920020 18 Current Ratio is 2.11 as of Jun. 2026, which is 10% above its 10-year median of 1.92. GuruFocus rates BJSE:920020 with a GF Score™ of 18/100. Among 1,339 Vehicles & Parts companies, Techking Tires ranks better than 72.07% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Techking Tires's current ratio for the quarter that ended in Jun. 2026 was 2.11.

Techking Tires has a current ratio of 2.11. It generally indicates good short-term financial strength.

The historical rank and industry rank for Techking Tires's Current Ratio or its related term are showing as below:

BJSE:920020' s Current Ratio Range Over the Past 10 Years
Min: 1.39   Med: 1.92   Max: 2.17
Current: 2.11

During the past 4 years, Techking Tires's highest Current Ratio was 2.17. The lowest was 1.39. And the median was 1.92.

BJSE:920020's Current Ratio is ranked better than
72.07% of 1339 companies
in the Vehicles & Parts industry
Industry Median: 1.52 vs BJSE:920020: 2.11

Techking Tires  (BJSE:920020) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Techking Tires Current Ratio Related Terms


Techking Tires Current Ratio Historical Data

* Premium members only.

The historical data trend for Techking Tires's Current 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.

Techking Tires Current Ratio Chart

Techking Tires Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Current Ratio
1.95 1.86 1.76 2.12

Techking Tires Quarterly Data
Dec24 Mar25 Mar26 Jun26
Current Ratio 1.76 - 2.18 2.11

BJSE:920020 vs ORLY, AZO, GPC: Current Ratio Comparison

For the Auto Parts subindustry, Techking Tires's Current Ratio, along with its competitors' market caps and Current 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.


Techking Tires Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Techking Tires's Current Ratio distribution charts can be found below:

* The bar in red indicates where Techking Tires's Current Ratio falls into.


BJSE:920020
18GF Score
Techking Tires Ltd BJSE:920020
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Techking Tires Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Techking Tires's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=2115.70205365/1000.35082648
=2.11

Techking Tires's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=2207.75137669/1047.72290736
=2.11

* 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 Current Ratio →
What does a Current Ratio of 2.11 mean?
Techking Tires (BJSE:920020) has a Current Ratio of 2.11 as of Jun. 2026. This is 10% above median its historical median of 1.92. Over the past decade, Techking Tires' Current Ratio has ranged from 1.39 to 2.17. According to the industry distribution chart, Techking Tires ranks #374 out of 1339 companies in the Vehicles & Parts industry, placing it in the top 27.9%.
Is Techking Tires' Current Ratio too high?
Techking Tires' current Current Ratio of 2.11 is 10% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 2.17. The Vehicles & Parts industry median Current Ratio is 1.52. Techking Tires' value of 2.11 is 38.8% above this industry median. Based on the distribution chart, Techking Tires ranks #374 out of 1339 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Techking Tires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Techking Tires' Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Techking Tires ranks #374 out of 1339 companies for Current Ratio. This puts Techking Tires in the upper half of its industry. The industry median Current Ratio is 1.52. Techking Tires' value of 2.11 is 38.8% above this benchmark. Historically, Techking Tires' own Current Ratio has ranged from 1.39 to 2.17 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.52, Techking Tires 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 Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.52, based on 1,339 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techking Tires's current Current Ratio of 2.11 is 38.8% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techking Tires's current Current Ratio is 2.11, which is 10% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techking Tires stock overvalued right now?
Techking Tires (BJSE:920020) has a current Current Ratio of 2.11. The current Current Ratio is 2.11, which is 10% above median its 10-year median of 1.92 and 38.8% above the Vehicles & Parts industry median of 1.52. Techking Tires' overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Techking Tires (BJSE:920020), the current Current Ratio is 2.11 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.

Techking Tires Business Description

Address Keyuanjingsan Road, Building 2, No. 6, Laoshan District, Qingdao, Shandong, CHN, 266061
Techking Tires Ltd is a company specializing in the design, development, sales, and service of tires for mining and construction equipment. The company offers various products and technical services, including tire manufacturing and rubber product sales. It also engages in technical consulting, development, and technology transfer, alongside import and export activities related to goods and technology. Techking serves both domestic and international markets with a focus on providing tires designed for specific applications, supported by an integrated product development system and localized marketing and service teams. The company aims to support the operational needs of the mining and construction industries by offering tailored tire solutions and related technical services.
18GF Score

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

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