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Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) 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.
Hunan New Welllink Advanced Metallic Material Co Current Ratio Related Terms
Hunan New Welllink Advanced Metallic Material Co Current 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.
Hunan New Welllink Advanced Metallic Material Co Current Ratio Chart
Hunan New Welllink Advanced Metallic Material Co Annual Data
* 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.
Hunan New Welllink Advanced Metallic Material Co Current Ratio vs Chemicals Industry
* 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.
Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) has a Current Ratio of 2.94 as of Jun. 2026. This is near median its historical median of 2.73. Over the past decade, Hunan New Welllink Advanced Metallic Material Co's Current Ratio has ranged from 1.82 to 6.82. According to the industry distribution chart, Hunan New Welllink Advanced Metallic Material Co ranks #444 out of 1619 companies in the Chemicals industry, placing it in the top 27.4%.
Is Hunan New Welllink Advanced Metallic Material Co's Current Ratio too high?
Hunan New Welllink Advanced Metallic Material Co's current Current Ratio of 2.94 is near median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 6.82. The Chemicals industry median Current Ratio is 1.88. Hunan New Welllink Advanced Metallic Material Co's value of 2.94 is 56.4% above this industry median. Based on the distribution chart, Hunan New Welllink Advanced Metallic Material Co ranks #444 out of 1619 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hunan New Welllink Advanced Metallic Material Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hunan New Welllink Advanced Metallic Material Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hunan New Welllink Advanced Metallic Material Co ranks #444 out of 1619 companies for Current Ratio. This puts Hunan New Welllink Advanced Metallic Material Co in the upper half of its industry. The industry median Current Ratio is 1.88. Hunan New Welllink Advanced Metallic Material Co's value of 2.94 is 56.4% above this benchmark. Historically, Hunan New Welllink Advanced Metallic Material Co's own Current Ratio has ranged from 1.82 to 6.82 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 1.88, Hunan New Welllink Advanced Metallic Material 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,619 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. Hunan New Welllink Advanced Metallic Material Co's current Current Ratio of 2.94 is 56.4% 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 Chemicals industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan New Welllink Advanced Metallic Material Co's current Current Ratio is 2.94, which is near median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan New Welllink Advanced Metallic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.35, compared to a current price of ¥16.01 — trading 21.3% below its estimated fair value. The current Current Ratio is 2.94, which is near median its 10-year median of 2.73 and 56.4% above the Chemicals industry median of 1.88. Hunan New Welllink Advanced Metallic Material Co's overall GF Score™ is 74/100 with 9 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 Hunan New Welllink Advanced Metallic Material Co (BJSE:920634), the current Current Ratio is 2.94 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 Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) Overvalued in 2026?
Based on GuruFocus' analysis, Hunan New Welllink Advanced Metallic Material Co stock appears to be undervalued.
The current stock price of ¥16.01 is trading 21.3% below its estimated GF Value™ of ¥20.35.
GuruFocus considers Hunan New Welllink Advanced Metallic Material Co to be Modestly Undervalued.
Key valuation signals for BJSE:920634:
Current Ratio: 2.94 (near median its 10-year median of 2.73)
GF Value™: ¥20.35 vs. price of ¥16.01 (21.3% below fair value)
Industry Position: 56.4% above the Chemicals median (#444 of 1619)
No single metric tells the full story. See the BJSE:920634 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hunan New Welllink Advanced Metallic Material Co Ltd engages in research and development, production, and sales of zinc metals such as spherical zinc powder, flake zinc powder, and irregular zinc powder.
74GF Score
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