New Gonow Recreational Vehicles (HKSE:00805) Current Ratio: 1.64 (As of Dec. 2025) — 66% Above Median

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HKSE:00805 New Gonow Recreational Vehicles Inc HKSE:00805
19 GF Score
Price HK$8.16
! 3 Warning Signs
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What is New Gonow Recreational Vehicles Current Ratio?

New Gonow Recreational Vehicles HKSE:00805 +0.12% 19 Current Ratio is 1.64 as of Dec. 2025, which is 66% above its 10-year median of 0.99. GuruFocus rates HKSE:00805 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,334 Vehicles & Parts companies, New Gonow Recreational Vehicles ranks worse than 50.82% 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. New Gonow Recreational Vehicles's current ratio for the quarter that ended in Dec. 2025 was 1.64.

New Gonow Recreational Vehicles has a current ratio of 1.64. It generally indicates good short-term financial strength.

The historical rank and industry rank for New Gonow Recreational Vehicles's Current Ratio or its related term are showing as below:

HKSE:00805' s Current Ratio Range Over the Past 10 Years
Min: 0.97   Med: 0.99   Max: 1.64
Current: 1.49

During the past 5 years, New Gonow Recreational Vehicles's highest Current Ratio was 1.64. The lowest was 0.97. And the median was 0.99.

HKSE:00805's Current Ratio is ranked worse than
50.82% of 1334 companies
in the Vehicles & Parts industry
Industry Median: 1.505 vs HKSE:00805: 1.49

New Gonow Recreational Vehicles  (HKSE:00805) 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.


New Gonow Recreational Vehicles Current Ratio Related Terms


New Gonow Recreational Vehicles Current Ratio Historical Data

* Premium members only.

The historical data trend for New Gonow Recreational Vehicles'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.

New Gonow Recreational Vehicles Current Ratio Chart

New Gonow Recreational Vehicles Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
0.98 1.12 0.97 0.99 1.64

New Gonow Recreational Vehicles Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Current Ratio Get a 7-Day Free Trial Premium Member Only 0.98 0.99 1.49 1.64 1.49

HKSE:00805 vs BC, THO, PII: Current Ratio Comparison

For the Recreational Vehicles subindustry, New Gonow Recreational Vehicles'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.


New Gonow Recreational Vehicles Current Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where New Gonow Recreational Vehicles's Current Ratio falls into.


HKSE:00805
19GF Score
New Gonow Recreational Vehicles Inc HKSE:00805
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New Gonow Recreational Vehicles 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.

New Gonow Recreational Vehicles'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 )
=809.208/493.229
=1.64

New Gonow Recreational Vehicles's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=809.208/493.229
=1.64

* 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 1.64 mean?
New Gonow Recreational Vehicles (HKSE:00805) has a Current Ratio of 1.64 as of Dec. 2025. This is 66% above median its historical median of 0.99. Over the past decade, New Gonow Recreational Vehicles' Current Ratio has ranged from 0.97 to 1.64. According to the industry distribution chart, New Gonow Recreational Vehicles ranks #678 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 50.8%.
Is New Gonow Recreational Vehicles' Current Ratio too high?
New Gonow Recreational Vehicles' current Current Ratio of 1.64 is 66% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.64. The Vehicles & Parts industry median Current Ratio is 1.51. New Gonow Recreational Vehicles' value of 1.64 is 9% above this industry median. Based on the distribution chart, New Gonow Recreational Vehicles ranks #678 out of 1334 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, New Gonow Recreational Vehicles has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does New Gonow Recreational Vehicles' Current Ratio compare to BC and THO?
According to the Vehicles & Parts industry distribution chart, New Gonow Recreational Vehicles ranks #678 out of 1334 companies for Current Ratio. This places New Gonow Recreational Vehicles in the lower half of its industry. The industry median Current Ratio is 1.51. New Gonow Recreational Vehicles' value of 1.64 is 9% above this benchmark. Historically, New Gonow Recreational Vehicles' own Current Ratio has ranged from 0.97 to 1.64 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.51, New Gonow Recreational Vehicles 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 1.51, based on 1,334 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. New Gonow Recreational Vehicles's current Current Ratio of 1.64 is 9% 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 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Gonow Recreational Vehicles's current Current Ratio is 1.64, which is 66% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Gonow Recreational Vehicles stock overvalued right now?
New Gonow Recreational Vehicles (HKSE:00805) has a current Current Ratio of 1.64. The current Current Ratio is 1.64, which is 66% above median its 10-year median of 0.99 and 9% above the Vehicles & Parts industry median of 1.51. New Gonow Recreational Vehicles' overall GF Score™ is 19/100 with 3 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 New Gonow Recreational Vehicles (HKSE:00805), the current Current Ratio is 1.64 as of Dec. 2025. 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.

New Gonow Recreational Vehicles Business Description

Address Tongren Road, Building 333, Tongxiang, Zhejiang Province, Jiaxing, CHN
New Gonow Recreational Vehicles Inc is a a recreational vehicle enterprise with an presence in Australasia that designs, develops, manufactures and sells bespoke towable RVs. It has nearly 49 RV models, which were all standard caravans, spanning eight distinct series under three characteristic brands, namely Snowy River, Regent and NEWGEN. The company has two geographical revenue: Australia and New Zealand. Australia generated key revenue for the company.
19GF Score

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HK$8.16
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