Microware Group (HKSE:01985) Current Ratio: 1.42 (As of Mar. 2026) — 16% Below Median

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HKSE:01985 Microware Group Ltd HKSE:01985
60 GF Score
Price HK$2.97
GF Value HK$1.15
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Microware Group Current Ratio?

Microware Group HKSE:01985 +3.13% 60 Current Ratio is 1.42 as of Mar. 2026, which is 16% below its 10-year median of 1.69. GuruFocus rates HKSE:01985 with a GF Score™ of 60/100 and a GF Value™ of HK$1.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,877 Software companies, Microware Group ranks worse than 63.16% 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. Microware Group's current ratio for the quarter that ended in Mar. 2026 was 1.42.

Microware Group has a current ratio of 1.42. It generally indicates good short-term financial strength.

The historical rank and industry rank for Microware Group's Current Ratio or its related term are showing as below:

HKSE:01985' s Current Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.69   Max: 1.95
Current: 1.42

During the past 13 years, Microware Group's highest Current Ratio was 1.95. The lowest was 1.31. And the median was 1.69.

HKSE:01985's Current Ratio is ranked worse than
63.16% of 2877 companies
in the Software industry
Industry Median: 1.8 vs HKSE:01985: 1.42

Microware Group  (HKSE:01985) 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.


Microware Group Current Ratio Related Terms


Microware Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Microware Group'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.

Microware Group Current Ratio Chart

Microware Group 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 1.61 1.67 1.52 1.31 1.42

Microware Group 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 1.52 1.31 1.31 1.29 1.42

HKSE:01985 vs IBM, ACN, FISV: Current Ratio Comparison

For the Information Technology Services subindustry, Microware Group'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.


Microware Group Current Ratio vs Software Industry

For the Software industry and Technology sector, Microware Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Microware Group's Current Ratio falls into.


HKSE:01985
60GF Score
Microware Group Ltd HKSE:01985
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Microware Group 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.

Microware Group'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 )
=566.32/397.701
=1.42

Microware Group'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 )
=566.32/397.701
=1.42

* 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 1.42 mean?
Microware Group (HKSE:01985) has a Current Ratio of 1.42 as of Mar. 2026. This is 16% below median its historical median of 1.69. Over the past decade, Microware Group's Current Ratio has ranged from 1.31 to 1.95. According to the industry distribution chart, Microware Group ranks #1817 out of 2877 companies in the Software industry, placing it in the top 63.2%.
Is Microware Group's Current Ratio too high?
Microware Group's current Current Ratio of 1.42 is 16% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 1.95. The Software industry median Current Ratio is 1.80. Microware Group's value of 1.42 is 21.1% below this industry median. Based on the distribution chart, Microware Group ranks #1817 out of 2877 companies in the Software industry, which is below the industry midpoint. Overall, Microware Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microware Group's Current Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Microware Group ranks #1817 out of 2877 companies for Current Ratio. This places Microware Group in the lower half of its industry. The industry median Current Ratio is 1.80. Microware Group's value of 1.42 is 21.1% below this benchmark. Historically, Microware Group's own Current Ratio has ranged from 1.31 to 1.95 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.80, Microware Group 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 Software company?
The median Current Ratio among Software companies is 1.80, based on 2,877 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. Microware Group's current Current Ratio of 1.42 is 21.1% 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 Software industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microware Group's current Current Ratio is 1.42, which is 16% below median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microware Group stock overvalued right now?
Based on GuruFocus' analysis, Microware Group (HKSE:01985) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.15, compared to a current price of HK$2.97 — trading 158.3% above its estimated fair value. The current Current Ratio is 1.42, which is 16% below median its 10-year median of 1.69 and 21.1% below the Software industry median of 1.80. Microware Group's overall GF Score™ is 60/100 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 Microware Group (HKSE:01985), the current Current Ratio is 1.42 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 Microware Group (HKSE:01985) Overvalued in 2026?

Based on GuruFocus' analysis, Microware Group stock appears to be overvalued. The current stock price of HK$2.97 is trading 158.3% above its estimated GF Value™ of HK$1.15. GuruFocus considers Microware Group to be Significantly Overvalued.

Key valuation signals for HKSE:01985:

  • Current Ratio: 1.42 (16% below median its 10-year median of 1.69)
  • GF Value™: HK$1.15 vs. price of HK$2.97 (158.3% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 21.1% below the Software median (#1817 of 2877)

No single metric tells the full story. See the HKSE:01985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microware Group Business Description

Address 418 Kwun Tong Road, Unit 1701, 17th Floor, BEA Tower, Millennium City 5, Kwun Tong, Kowloon, Hong Kong, HKG
Microware Group Ltd is an investment holding company. The company is principally engaged in the provision of IT infrastructure solutions services and IT managed services in Hong Kong. The group strives to provide one-stop IT experience that begins with consultation and advice; semiconductor products, hardware and/or software procurement; implementation; and management and maintenance of the IT infrastructure solutions. Its operating segment includes IT infrastructure solution services business; and IT managed services business of which the majority of revenue is derived from IT infrastructure solution services business. Its revenue is derived from its operation in Hong Kong.
60GF Score

Get the complete analysis for HKSE:01985

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

HK$2.97
Price
HK$1.15
GF Value