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Shinelong Automotive Lightweight Application (HKSE:01930) 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.
Shinelong Automotive Lightweight Application Current Ratio Related Terms
Shinelong Automotive Lightweight Application 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.
Shinelong Automotive Lightweight Application Current Ratio Chart
Shinelong Automotive Lightweight Application Annual Data
For the Auto Parts subindustry, Shinelong Automotive Lightweight Application'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.
Shinelong Automotive Lightweight Application Current Ratio vs Vehicles & Parts 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.
Shinelong Automotive Lightweight Application (HKSE:01930) has a Current Ratio of 1.50 as of Dec. 2025. This is near median its historical median of 1.58. Over the past decade, Shinelong Automotive Lightweight Application's Current Ratio has ranged from 1.19 to 2.40. According to the industry distribution chart, Shinelong Automotive Lightweight Application ranks #670 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 50.3%.
Is Shinelong Automotive Lightweight Application's Current Ratio too high?
Shinelong Automotive Lightweight Application's current Current Ratio of 1.50 is near median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.40. The Vehicles & Parts industry median Current Ratio is 1.52. Shinelong Automotive Lightweight Application's value of 1.50 is 1.3% below this industry median. Based on the distribution chart, Shinelong Automotive Lightweight Application ranks #670 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shinelong Automotive Lightweight Application has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shinelong Automotive Lightweight Application's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shinelong Automotive Lightweight Application ranks #670 out of 1332 companies for Current Ratio. This places Shinelong Automotive Lightweight Application in the lower half of its industry. The industry median Current Ratio is 1.52. Shinelong Automotive Lightweight Application's value of 1.50 is 1.3% below this benchmark. Historically, Shinelong Automotive Lightweight Application's own Current Ratio has ranged from 1.19 to 2.40 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.52, Shinelong Automotive Lightweight Application has consistently been below 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 1.52, based on 1,332 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. Shinelong Automotive Lightweight Application's current Current Ratio of 1.50 is 1.3% below 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 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinelong Automotive Lightweight Application's current Current Ratio is 1.50, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinelong Automotive Lightweight Application stock overvalued right now?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application (HKSE:01930) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.49, compared to a current price of HK$0.33 — trading 32.7% below its estimated fair value. The current Current Ratio is 1.50, which is near median its 10-year median of 1.58 and 1.3% below the Vehicles & Parts industry median of 1.52. Shinelong Automotive Lightweight Application's overall GF Score™ is 65/100 with 6 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 Shinelong Automotive Lightweight Application (HKSE:01930), the current Current Ratio is 1.50 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.
Is Shinelong Automotive Lightweight Application (HKSE:01930) Overvalued in 2026?
Based on GuruFocus' analysis, Shinelong Automotive Lightweight Application stock appears to be undervalued.
The current stock price of HK$0.33 is trading 32.7% below its estimated GF Value™ of HK$0.49.
GuruFocus considers Shinelong Automotive Lightweight Application to be Possible Value Trap.
Key valuation signals for HKSE:01930:
Current Ratio: 1.50 (near median its 10-year median of 1.58)
GF Value™: HK$0.49 vs. price of HK$0.33 (32.7% below fair value)
Industry Position: 1.3% below the Vehicles & Parts median (#670 of 1332)
No single metric tells the full story. See the HKSE:01930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds, and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. The group operates in three segments which includes, Automotive moulds, Electrical appliance moulds, and Other moulds. The majority of its revenue is generated from the Automotive moulds. Geographically, it generates maximum revenue from the PRC.
65GF Score
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