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Shangshan Gold International Holdings (HKSE:01939) 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.
Shangshan Gold International Holdings Current Ratio Related Terms
Shangshan Gold International Holdings 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.
Shangshan Gold International Holdings Current Ratio Chart
HKSE:01939 vs CASY, WSM, ULTA: Current Ratio Comparison
For the Specialty Retail subindustry, Shangshan Gold International Holdings'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.
Shangshan Gold International Holdings Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shangshan Gold International Holdings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Shangshan Gold International Holdings'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.
Shangshan Gold International Holdings (HKSE:01939) has a Current Ratio of 2.20 as of Sep. 2025. This is near median its historical median of 2.21. Over the past decade, Shangshan Gold International Holdings' Current Ratio has ranged from 1.21 to 3.12. According to the industry distribution chart, Shangshan Gold International Holdings ranks #211 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 18.6%.
Is Shangshan Gold International Holdings' Current Ratio too high?
Shangshan Gold International Holdings' current Current Ratio of 2.20 is near median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.12. The Retail - Cyclical industry median Current Ratio is 1.57. Shangshan Gold International Holdings' value of 2.20 is 40.1% above this industry median. Based on the distribution chart, Shangshan Gold International Holdings ranks #211 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shangshan Gold International Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shangshan Gold International Holdings' Current Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Shangshan Gold International Holdings ranks #211 out of 1136 companies for Current Ratio. This places Shangshan Gold International Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Shangshan Gold International Holdings' value of 2.20 is 40.1% above this benchmark. Historically, Shangshan Gold International Holdings' own Current Ratio has ranged from 1.21 to 3.12 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.57, Shangshan Gold International Holdings 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,136 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. Shangshan Gold International Holdings's current Current Ratio of 2.20 is 40.1% 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 Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangshan Gold International Holdings's current Current Ratio is 2.20, which is near median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangshan Gold International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shangshan Gold International Holdings (HKSE:01939) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.15, compared to a current price of HK$0.40 — trading 65.7% below its estimated fair value. The current Current Ratio is 2.20, which is near median its 10-year median of 2.21 and 40.1% above the Retail - Cyclical industry median of 1.57. Shangshan Gold International Holdings' overall GF Score™ is 54/100 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 Shangshan Gold International Holdings (HKSE:01939), the current Current Ratio is 2.20 as of Sep. 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 Shangshan Gold International Holdings (HKSE:01939) Overvalued in 2026?
Based on GuruFocus' analysis, Shangshan Gold International Holdings stock appears to be undervalued.
The current stock price of HK$0.40 is trading 65.7% below its estimated GF Value™ of HK$1.15.
GuruFocus considers Shangshan Gold International Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01939:
Current Ratio: 2.20 (near median its 10-year median of 2.21)
GF Value™: HK$1.15 vs. price of HK$0.40 (65.7% below fair value)
Industry Position: 40.1% above the Retail - Cyclical median (#211 of 1136)
No single metric tells the full story. See the HKSE:01939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shangshan Gold International Holdings Ltd Formerly Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
54GF Score
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