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Mixue GroupHKSE:02097 +1.94%23 Current Ratio is 2.63 as of Dec. 2024, which is 6% below its 10-year median of 2.80. GuruFocus rates HKSE:02097 with a GF Score™ of 23/100. Among 119 Beverages - Non-Alcoholic companies, Mixue Group ranks better than 89.08% 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. Mixue Group's current ratio for the quarter that ended in Dec. 2024 was 2.63.
Mixue Group has a current ratio of 2.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mixue Group's Current Ratio or its related term are showing as below:
HKSE:02097'
s Current Ratio Range Over the Past 10 Years
Min: 2.45 Med: 2.8 Max: 3.83
Current: 3.83
During the past 5 years, Mixue Group's highest Current Ratio was 3.83. The lowest was 2.45. And the median was 2.80.
HKSE:02097's Current Ratio is ranked better than 89.08% of 119
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 1.76
vs HKSE:02097: 3.83
Mixue Group (HKSE:02097) 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.
Mixue Group Current Ratio Related Terms
Mixue Group Current Ratio Historical Data
* Premium members only.
The historical data trend for Mixue 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.
Mixue Group Current Ratio Chart
Mixue Group Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Current Ratio
2.97
2.80
2.45
2.63
3.83
Mixue Group Quarterly Data
Dec22
Dec23
Dec24
Current Ratio
2.80
2.45
2.63
HKSE:02097 vs KO, PEP, MNST: Current Ratio Comparison
For the Beverages - Non-Alcoholic subindustry, Mixue 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.
Mixue Group Current Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Mixue Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mixue Group'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.
Mixue Group (HKSE:02097) has a Current Ratio of 2.63 as of Dec. 2024. This is near median its historical median of 2.80. Over the past decade, Mixue Group's Current Ratio has ranged from 2.45 to 3.83. According to the industry distribution chart, Mixue Group ranks #13 out of 119 companies in the Beverages - Non-Alcoholic industry, placing it in the top 10.9%.
Is Mixue Group's Current Ratio too high?
Mixue Group's current Current Ratio of 2.63 is near median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 3.83. The Beverages - Non-Alcoholic industry median Current Ratio is 1.76. Mixue Group's value of 2.63 is 49.4% above this industry median. Based on the distribution chart, Mixue Group ranks #13 out of 119 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Mixue Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Mixue Group's Current Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Mixue Group ranks #13 out of 119 companies for Current Ratio. This places Mixue Group in the top 11% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.76. Mixue Group's value of 2.63 is 49.4% above this benchmark. Historically, Mixue Group's own Current Ratio has ranged from 2.45 to 3.83 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 1.76, Mixue Group 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 Beverages - Non-Alcoholic company?
The median Current Ratio among Beverages - Non-Alcoholic companies is 1.76, based on 119 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. Mixue Group's current Current Ratio of 2.63 is 49.4% 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 Beverages - Non-Alcoholic industry, the median Current Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mixue Group's current Current Ratio is 2.63, which is near median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mixue Group stock overvalued right now?
Mixue Group (HKSE:02097) has a current Current Ratio of 2.63. The current Current Ratio is 2.63, which is near median its 10-year median of 2.80 and 49.4% above the Beverages - Non-Alcoholic industry median of 1.76. Mixue Group's overall GF Score™ is 23/100. 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 Mixue Group (HKSE:02097), the current Current Ratio is 2.63 as of Dec. 2024. 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.
Mixue Group is a freshly-made drinks company. It is committed to providing value-for-money products to consumers, including freshly-made fruit drinks, tea drinks, ice cream, and coffee, typically priced around one U.S. dollar (approximately RMB6) per item. The company has three brands - a freshly-made tea drinks brand, MIXUE, a freshly-made coffee brand, Lucky Cup, and a fresh beer brand, FULU Fresh Beer. The company derives the majority of its revenue from Mainland China.
23GF Score
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