Machinery Technology Development Co (BJSE:920579) Current Ratio: 1.89 (As of Mar. 2026) — 18% Above Median

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BJSE:920579 Machinery Technology Development Co Ltd BJSE:920579
27 GF Score
Price ¥14.77
! 6 Warning Signs
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What is Machinery Technology Development Co Current Ratio?

Machinery Technology Development Co BJSE:920579 27 Current Ratio is 1.89 as of Mar. 2026, which is 18% above its 10-year median of 1.60. GuruFocus rates BJSE:920579 with a GF Score™ of 27/100. The stock has 6 warning signs investors should review. Among 3,076 Industrial Products companies, Machinery Technology Development Co ranks worse than 52.83% 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. Machinery Technology Development Co's current ratio for the quarter that ended in Mar. 2026 was 1.89.

Machinery Technology Development Co has a current ratio of 1.89. It generally indicates good short-term financial strength.

The historical rank and industry rank for Machinery Technology Development Co's Current Ratio or its related term are showing as below:

BJSE:920579' s Current Ratio Range Over the Past 10 Years
Min: 1.34   Med: 1.6   Max: 2.21
Current: 1.89

During the past 13 years, Machinery Technology Development Co's highest Current Ratio was 2.21. The lowest was 1.34. And the median was 1.60.

BJSE:920579's Current Ratio is ranked worse than
52.83% of 3076 companies
in the Industrial Products industry
Industry Median: 1.965 vs BJSE:920579: 1.89

Machinery Technology Development Co  (BJSE:920579) 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.


Machinery Technology Development Co Current Ratio Related Terms


Machinery Technology Development Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Machinery Technology Development 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.

Machinery Technology Development Co Current Ratio Chart

Machinery Technology Development 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 1.40 1.40 1.78 1.85 1.91

Machinery Technology Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.72 2.06 2.21 1.91 1.89

BJSE:920579 vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Machinery Technology Development 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.


Machinery Technology Development Co Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Machinery Technology Development Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Machinery Technology Development Co's Current Ratio falls into.


BJSE:920579
27GF Score
Machinery Technology Development Co Ltd BJSE:920579
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Machinery Technology Development 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.

Machinery Technology Development 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 )
=1012.046/529.424
=1.91

Machinery Technology Development Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=989.193/524.494
=1.89

* 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 1.89 mean?
Machinery Technology Development Co (BJSE:920579) has a Current Ratio of 1.89 as of Mar. 2026. This is 18% above median its historical median of 1.60. Over the past decade, Machinery Technology Development Co's Current Ratio has ranged from 1.34 to 2.21. According to the industry distribution chart, Machinery Technology Development Co ranks #1625 out of 3076 companies in the Industrial Products industry, placing it in the top 52.8%.
Is Machinery Technology Development Co's Current Ratio too high?
Machinery Technology Development Co's current Current Ratio of 1.89 is 18% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.21. The Industrial Products industry median Current Ratio is 1.97. Machinery Technology Development Co's value of 1.89 is 3.8% below this industry median. Based on the distribution chart, Machinery Technology Development Co ranks #1625 out of 3076 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Machinery Technology Development Co has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Machinery Technology Development Co's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Machinery Technology Development Co ranks #1625 out of 3076 companies for Current Ratio. This places Machinery Technology Development Co in the lower half of its industry. The industry median Current Ratio is 1.97. Machinery Technology Development Co's value of 1.89 is 3.8% below this benchmark. Historically, Machinery Technology Development Co's own Current Ratio has ranged from 1.34 to 2.21 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.97, Machinery Technology Development Co has consistently been below 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.97, based on 3,076 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. Machinery Technology Development Co's current Current Ratio of 1.89 is 3.8% below 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 Industrial Products industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Machinery Technology Development Co's current Current Ratio is 1.89, which is 18% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Machinery Technology Development Co stock overvalued right now?
Machinery Technology Development Co (BJSE:920579) has a current Current Ratio of 1.89. The current Current Ratio is 1.89, which is 18% above median its 10-year median of 1.60 and 3.8% below the Industrial Products industry median of 1.97. Machinery Technology Development Co's overall GF Score™ is 27/100 with 6 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 Machinery Technology Development Co (BJSE:920579), the current Current Ratio is 1.89 as of Mar. 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.

Machinery Technology Development Co Business Description

Address No. 2, Shouti South Road, Haidian District, Beijing, CHN, 100044
Machinery Technology Development Co Ltd is an overall solution provider with intelligent conveying technology and high-end supporting equipment as its core. The company is mainly oriented to the fields of intelligent manufacturing, intelligent environmental protection and intelligent medical care.
27GF Score

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