Green Economy Development (HKSE:01315) Current Ratio: 1.68 (As of Mar. 2026) — Near Median

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HKSE:01315 Green Economy Development Ltd HKSE:01315
38 GF Score
Price HK$0.11
GF Value HK$0.06
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Green Economy Development Current Ratio?

Green Economy Development HKSE:01315 +17.98% 38 Current Ratio is 1.68 as of Mar. 2026, which is 7% above its 10-year median of 1.57. GuruFocus rates HKSE:01315 with a GF Score™ of 38/100 and a GF Value™ of HK$0.06 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 412 Building Materials companies, Green Economy Development ranks better than 55.58% 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. Green Economy Development's current ratio for the quarter that ended in Mar. 2026 was 1.68.

Green Economy Development has a current ratio of 1.68. It generally indicates good short-term financial strength.

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

HKSE:01315' s Current Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.57   Max: 2.73
Current: 1.68

During the past 13 years, Green Economy Development's highest Current Ratio was 2.73. The lowest was 1.21. And the median was 1.57.

HKSE:01315's Current Ratio is ranked better than
55.58% of 412 companies
in the Building Materials industry
Industry Median: 1.52 vs HKSE:01315: 1.68

Green Economy Development  (HKSE:01315) 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.


Green Economy Development Current Ratio Related Terms


Green Economy Development Current Ratio Historical Data

* Premium members only.

The historical data trend for Green Economy Development'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.

Green Economy Development Current Ratio Chart

Green Economy Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.42 1.43 1.58 1.68

Green Economy Development Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.43 1.82 1.58 1.25 1.68

HKSE:01315 vs CRH, MLM, VMC: Current Ratio Comparison

For the Building Materials subindustry, Green Economy Development'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.


Green Economy Development Current Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Green Economy Development's Current Ratio distribution charts can be found below:

* The bar in red indicates where Green Economy Development's Current Ratio falls into.


HKSE:01315
38GF Score
Green Economy Development Ltd HKSE:01315
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Economy Development 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.

Green Economy Development's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=398.804/236.828
=1.68

Green Economy Development'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 )
=398.804/236.828
=1.68

* 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 1.68 mean?
Green Economy Development (HKSE:01315) has a Current Ratio of 1.68 as of Mar. 2026. This is near median its historical median of 1.57. Over the past decade, Green Economy Development's Current Ratio has ranged from 1.21 to 2.73. According to the industry distribution chart, Green Economy Development ranks #183 out of 412 companies in the Building Materials industry, placing it in the top 44.4%.
Is Green Economy Development's Current Ratio too high?
Green Economy Development's current Current Ratio of 1.68 is near median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.73. The Building Materials industry median Current Ratio is 1.52. Green Economy Development's value of 1.68 is 10.5% above this industry median. Based on the distribution chart, Green Economy Development ranks #183 out of 412 companies in the Building Materials industry, which is above the industry midpoint. Overall, Green Economy Development has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Green Economy Development's Current Ratio compare to CRH and MLM?
According to the Building Materials industry distribution chart, Green Economy Development ranks #183 out of 412 companies for Current Ratio. This puts Green Economy Development in the upper half of its industry. The industry median Current Ratio is 1.52. Green Economy Development's value of 1.68 is 10.5% above this benchmark. Historically, Green Economy Development's own Current Ratio has ranged from 1.21 to 2.73 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 1.52, Green Economy Development 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 Building Materials company?
The median Current Ratio among Building Materials companies is 1.52, based on 412 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. Green Economy Development's current Current Ratio of 1.68 is 10.5% 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 Building Materials industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Economy Development's current Current Ratio is 1.68, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Economy Development stock overvalued right now?
Based on GuruFocus' analysis, Green Economy Development (HKSE:01315) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.11 — trading 75% above its estimated fair value. The current Current Ratio is 1.68, which is near median its 10-year median of 1.57 and 10.5% above the Building Materials industry median of 1.52. Green Economy Development's overall GF Score™ is 38/100 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 Green Economy Development (HKSE:01315), the current Current Ratio is 1.68 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 Green Economy Development (HKSE:01315) Overvalued in 2026?

Based on GuruFocus' analysis, Green Economy Development stock appears to be overvalued. The current stock price of HK$0.11 is trading 75% above its estimated GF Value™ of HK$0.06. GuruFocus considers Green Economy Development to be Significantly Overvalued.

Key valuation signals for HKSE:01315:

  • Current Ratio: 1.68 (near median its 10-year median of 1.57)
  • GF Value™: HK$0.06 vs. price of HK$0.11 (75% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 10.5% above the Building Materials median (#183 of 412)

No single metric tells the full story. See the HKSE:01315 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Green Economy Development Business Description

Address 60 Gloucester Road, Room 1001, 10th floor, China Huarong Tower, Wan Chai, Hong Kong, HKG
Green Economy Development Ltd, formerly Vision Fame International Holding Ltd. is principally engaged in the provision of building construction services, property maintenance services, alterations, renovation, upgrading fitting-out works services, and trading of materials. It operates through four business segments: Building construction and other construction related business; Alterations, renovation, upgrading and fitting-out works segment; Property maintenance segment; Supply chain management segment. It derives maximum revenue from trading of materials segment. The geographic area of operation includes PRC and Hong Kong.
38GF Score

Get the complete analysis for HKSE:01315

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.11
Price
HK$0.06
GF Value