Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang Shibao CoHKSE:01057 -2.21%83 Current Ratio is 1.61 as of Mar. 2026, which is 10% below its 10-year median of 1.79. GuruFocus rates HKSE:01057 with a GF Score™ of 83/100 and a GF Value™ of HK$5.64 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Zhejiang Shibao Co ranks better than 53.04% 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. Zhejiang Shibao Co's current ratio for the quarter that ended in Mar. 2026 was 1.61.
Zhejiang Shibao Co has a current ratio of 1.61. It generally indicates good short-term financial strength.
The historical rank and industry rank for Zhejiang Shibao Co's Current Ratio or its related term are showing as below:
HKSE:01057'
s Current Ratio Range Over the Past 10 Years
Min: 1.49 Med: 1.79 Max: 2.78
Current: 1.61
During the past 13 years, Zhejiang Shibao Co's highest Current Ratio was 2.78. The lowest was 1.49. And the median was 1.79.
HKSE:01057's Current Ratio is ranked better than 53.04% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs HKSE:01057: 1.61
Zhejiang Shibao Co (HKSE:01057) 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.
Zhejiang Shibao Co Current Ratio Related Terms
Zhejiang Shibao Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Zhejiang Shibao 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.
For the Auto Parts subindustry, Zhejiang Shibao 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.
Zhejiang Shibao Co Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Shibao Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Shibao 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.
Zhejiang Shibao Co (HKSE:01057) has a Current Ratio of 1.61 as of Mar. 2026. This is 10% below median its historical median of 1.79. Over the past decade, Zhejiang Shibao Co's Current Ratio has ranged from 1.49 to 2.78. According to the industry distribution chart, Zhejiang Shibao Co ranks #625 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 47%.
Is Zhejiang Shibao Co's Current Ratio too high?
Zhejiang Shibao Co's current Current Ratio of 1.61 is 10% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 2.78. The Vehicles & Parts industry median Current Ratio is 1.53. Zhejiang Shibao Co's value of 1.61 is 5.2% above this industry median. Based on the distribution chart, Zhejiang Shibao Co ranks #625 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Shibao Co has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shibao Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Shibao Co ranks #625 out of 1331 companies for Current Ratio. This puts Zhejiang Shibao Co in the upper half of its industry. The industry median Current Ratio is 1.53. Zhejiang Shibao Co's value of 1.61 is 5.2% above this benchmark. Historically, Zhejiang Shibao Co's own Current Ratio has ranged from 1.49 to 2.78 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.53, Zhejiang Shibao 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. Zhejiang Shibao Co's current Current Ratio of 1.61 is 5.2% 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. Zhejiang Shibao Co's current Current Ratio is 1.61, which is 10% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shibao Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shibao Co (HKSE:01057) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.64, compared to a current price of HK$3.54 — trading 37.2% below its estimated fair value. The current Current Ratio is 1.61, which is 10% below median its 10-year median of 1.79 and 5.2% above the Vehicles & Parts industry median of 1.53. Zhejiang Shibao Co's overall GF Score™ is 83/100 with 2 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 Zhejiang Shibao Co (HKSE:01057), the current Current Ratio is 1.61 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.
Is Zhejiang Shibao Co (HKSE:01057) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Shibao Co stock appears to be undervalued.
The current stock price of HK$3.54 is trading 37.2% below its estimated GF Value™ of HK$5.64.
GuruFocus considers Zhejiang Shibao Co to be Significantly Undervalued.
Key valuation signals for HKSE:01057:
Current Ratio: 1.61 (10% below median its 10-year median of 1.79)
GF Value™: HK$5.64 vs. price of HK$3.54 (37.2% below fair value)
Industry Position: 5.2% above the Vehicles & Parts median (#625 of 1331)
No single metric tells the full story. See the HKSE:01057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Shibao Co Ltd is engaged in the development, design, manufacture, and sales of automotive steering gears and other key components and parts of the steering system. The company has five production sites in Hangzhou, Yiwu, Siping, and Wuhu, as well as a group research institute in Hangzhou and an automotive intelligent technology research and development center in Beijing. The company is capable of providing all kinds of steering products for commercial cars, passenger cars, and new energy cars. The company derives a majority of revenue domestically from China.
83GF Score
Get the complete analysis for HKSE:01057
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01057 has been successfully added to your 
