Henan Tongxin Transmission Co (BJSE:920454) Current Ratio: 4.05 (As of Jun. 2026) — Near Median

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BJSE:920454 Henan Tongxin Transmission Co Ltd BJSE:920454
83 GF Score
Price ¥10.96
GF Value ¥13.69
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Henan Tongxin Transmission Co Current Ratio?

Henan Tongxin Transmission Co BJSE:920454 83 Current Ratio is 4.05 as of Jun. 2026, which is at its 10-year median of 4.05. GuruFocus rates BJSE:920454 with a GF Score™ of 83/100 and a GF Value™ of ¥13.69 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Henan Tongxin Transmission Co ranks better than 90.91% 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. Henan Tongxin Transmission Co's current ratio for the quarter that ended in Jun. 2026 was 4.05.

Henan Tongxin Transmission Co has a current ratio of 4.05. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Henan Tongxin Transmission Co's Current Ratio or its related term are showing as below:

BJSE:920454' s Current Ratio Range Over the Past 10 Years
Min: 1.42   Med: 4.05   Max: 7.1
Current: 4.05

During the past 13 years, Henan Tongxin Transmission Co's highest Current Ratio was 7.10. The lowest was 1.42. And the median was 4.05.

BJSE:920454's Current Ratio is ranked better than
90.91% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs BJSE:920454: 4.05

Henan Tongxin Transmission Co  (BJSE:920454) 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.


Henan Tongxin Transmission Co Current Ratio Related Terms


Henan Tongxin Transmission Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Henan Tongxin Transmission Co'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.

Henan Tongxin Transmission Co Current Ratio Chart

Henan Tongxin Transmission Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 5.56 5.18 4.08 3.98

Henan Tongxin Transmission Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current 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 3.78 3.95 3.98 4.28 4.05

BJSE:920454 vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Henan Tongxin Transmission Co'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.


Henan Tongxin Transmission Co Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Henan Tongxin Transmission Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Henan Tongxin Transmission Co's Current Ratio falls into.


BJSE:920454
83GF Score
Henan Tongxin Transmission Co Ltd BJSE:920454
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Henan Tongxin Transmission Co 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.

Henan Tongxin Transmission Co'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 )
=299.424/75.225
=3.98

Henan Tongxin Transmission Co'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 )
=293.446/72.471
=4.05

* 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 4.05 mean?
Henan Tongxin Transmission Co (BJSE:920454) has a Current Ratio of 4.05 as of Jun. 2026. This is near median its historical median of 4.05. Over the past decade, Henan Tongxin Transmission Co's Current Ratio has ranged from 1.42 to 7.10. According to the industry distribution chart, Henan Tongxin Transmission Co ranks #121 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 9.1%.
Is Henan Tongxin Transmission Co's Current Ratio too high?
Henan Tongxin Transmission Co's current Current Ratio of 4.05 is near median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 7.10. The Vehicles & Parts industry median Current Ratio is 1.53. Henan Tongxin Transmission Co's value of 4.05 is 164.7% above this industry median. Based on the distribution chart, Henan Tongxin Transmission Co ranks #121 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Tongxin Transmission Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Tongxin Transmission Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Henan Tongxin Transmission Co ranks #121 out of 1331 companies for Current Ratio. This places Henan Tongxin Transmission Co in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Henan Tongxin Transmission Co's value of 4.05 is 164.7% above this benchmark. Historically, Henan Tongxin Transmission Co's own Current Ratio has ranged from 1.42 to 7.10 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 1.53, Henan Tongxin Transmission 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 Current Ratio for a Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,331 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. Henan Tongxin Transmission Co's current Current Ratio of 4.05 is 164.7% 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 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Tongxin Transmission Co's current Current Ratio is 4.05, which is near median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Tongxin Transmission Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Tongxin Transmission Co (BJSE:920454) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.69, compared to a current price of ¥10.96 — trading 19.9% below its estimated fair value. The current Current Ratio is 4.05, which is near median its 10-year median of 4.05 and 164.7% above the Vehicles & Parts industry median of 1.53. Henan Tongxin Transmission Co's overall GF Score™ is 83/100 with 4 warning signs to review. 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 Henan Tongxin Transmission Co (BJSE:920454), the current Current Ratio is 4.05 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 Henan Tongxin Transmission Co (BJSE:920454) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Tongxin Transmission Co stock appears to be undervalued. The current stock price of ¥10.96 is trading 19.9% below its estimated GF Value™ of ¥13.69. GuruFocus considers Henan Tongxin Transmission Co to be Modestly Undervalued.

Key valuation signals for BJSE:920454:

  • Current Ratio: 4.05 (near median its 10-year median of 4.05)
  • GF Value™: ¥13.69 vs. price of ¥10.96 (19.9% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 164.7% above the Vehicles & Parts median (#121 of 1331)

No single metric tells the full story. See the BJSE:920454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Tongxin Transmission Co Business Description

Address South of Changqing Street, Economic and Technological Development Zone, Weidu District, Henan Province, Xuchang City, CHN, 461000
Henan Tongxin Transmission Co Ltd engages in the research and development, production, and sales of all kinds of automobile drive shafts, providing comprehensive one-stop solutions for industry customers. Its product offerings comprise Drive shaft with support (front axle), Telescopic Drive Shaft (Rear Shaft), Coupled drive shafts, Wing drive shafts, and spare parts.
83GF Score

Get the complete analysis for BJSE:920454

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

¥10.96
Price
¥13.69
GF Value