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What is Hebei Ruixing Gas Equipment Co Current Ratio?
Hebei Ruixing Gas Equipment CoBJSE:920717 61 Current Ratio is 4.42 as of Jun. 2026, which is 9% above its 10-year median of 4.04. GuruFocus rates BJSE:920717 with a GF Score™ of 61/100 and a GF Value™ of ¥6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,020 Oil & Gas companies, Hebei Ruixing Gas Equipment Co ranks better than 86.67% on this metric.
Hebei Ruixing Gas Equipment Co has a current ratio of 4.42. 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 Hebei Ruixing Gas Equipment Co's Current Ratio or its related term are showing as below:
BJSE:920717'
s Current Ratio Range Over the Past 10 Years
Min: 1.58 Med: 4.04 Max: 9.74
Current: 4.42
During the past 13 years, Hebei Ruixing Gas Equipment Co's highest Current Ratio was 9.74. The lowest was 1.58. And the median was 4.04.
BJSE:920717's Current Ratio is ranked better than 86.67% of 1020
companies
in the Oil & Gas industry
Industry Median: 1.385
vs BJSE:920717: 4.42
Hebei Ruixing Gas Equipment Co (BJSE:920717) 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.
Hebei Ruixing Gas Equipment Co Current Ratio Related Terms
Hebei Ruixing Gas Equipment 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.
Hebei Ruixing Gas Equipment Co Current Ratio Chart
BJSE:920717 vs SLB, BKR, HAL: Current Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Hebei Ruixing Gas Equipment 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.
Hebei Ruixing Gas Equipment Co Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hebei Ruixing Gas Equipment Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hebei Ruixing Gas Equipment Co's Current 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.
Hebei Ruixing Gas Equipment Co (BJSE:920717) has a Current Ratio of 4.42 as of Jun. 2026. This is near median its historical median of 4.04. Over the past decade, Hebei Ruixing Gas Equipment Co's Current Ratio has ranged from 1.58 to 9.74. According to the industry distribution chart, Hebei Ruixing Gas Equipment Co ranks #136 out of 1020 companies in the Oil & Gas industry, placing it in the top 13.3%.
Is Hebei Ruixing Gas Equipment Co's Current Ratio too high?
Hebei Ruixing Gas Equipment Co's current Current Ratio of 4.42 is near median its 10-year median of 4.04. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 9.74. The Oil & Gas industry median Current Ratio is 1.39. Hebei Ruixing Gas Equipment Co's value of 4.42 is 219.1% above this industry median. Based on the distribution chart, Hebei Ruixing Gas Equipment Co ranks #136 out of 1020 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Hebei Ruixing Gas Equipment Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hebei Ruixing Gas Equipment Co's Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Hebei Ruixing Gas Equipment Co ranks #136 out of 1020 companies for Current Ratio. This places Hebei Ruixing Gas Equipment Co in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.39. Hebei Ruixing Gas Equipment Co's value of 4.42 is 219.1% above this benchmark. Historically, Hebei Ruixing Gas Equipment Co's own Current Ratio has ranged from 1.58 to 9.74 over the past decade. While the company's 10-year median is 4.04 vs. the industry median of 1.39, Hebei Ruixing Gas Equipment 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.39, based on 1,020 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. Hebei Ruixing Gas Equipment Co's current Current Ratio of 4.42 is 219.1% 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 Oil & Gas industry, the median Current Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hebei Ruixing Gas Equipment Co's current Current Ratio is 4.42, which is near median its own 10-year median of 4.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hebei Ruixing Gas Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Hebei Ruixing Gas Equipment Co (BJSE:920717) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥6.51, compared to a current price of ¥7.21 — trading 10.8% above its estimated fair value. The current Current Ratio is 4.42, which is near median its 10-year median of 4.04 and 219.1% above the Oil & Gas industry median of 1.39. Hebei Ruixing Gas Equipment Co's overall GF Score™ is 61/100 with 5 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 Hebei Ruixing Gas Equipment Co (BJSE:920717), the current Current Ratio is 4.42 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 Hebei Ruixing Gas Equipment Co (BJSE:920717) Overvalued in 2026?
Based on GuruFocus' analysis, Hebei Ruixing Gas Equipment Co stock appears to be overvalued.
The current stock price of ¥7.21 is trading 10.8% above its estimated GF Value™ of ¥6.51.
GuruFocus considers Hebei Ruixing Gas Equipment Co to be Modestly Overvalued.
Key valuation signals for BJSE:920717:
Current Ratio: 4.42 (near median its 10-year median of 4.04)
GF Value™: ¥6.51 vs. price of ¥7.21 (10.8% above fair value)
Industry Position: 219.1% above the Oil & Gas median (#136 of 1020)
No single metric tells the full story. See the BJSE:920717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hebei Ruixing Gas Equipment Co Ltd is engaged in Research and development, design, production and sales of pressure regulating equipment in urban gas transmission and distribution systems.
61GF Score
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