Tian Cheng Holdings (HKSE:02110) Current Ratio: 1.76 (As of Nov. 2025) — 19% Below Median

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What is Tian Cheng Holdings Current Ratio?

Tian Cheng Holdings HKSE:02110 +1.35% Current Ratio is 1.76 as of Nov. 2025, which is 19% below its 10-year median of 2.16. The stock has 3 warning signs investors should review. Among 1,785 Construction companies, Tian Cheng Holdings ranks better than 59.38% 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. Tian Cheng Holdings's current ratio for the quarter that ended in Nov. 2025 was 1.76.

Tian Cheng Holdings has a current ratio of 1.76. It generally indicates good short-term financial strength.

The historical rank and industry rank for Tian Cheng Holdings's Current Ratio or its related term are showing as below:

HKSE:02110' s Current Ratio Range Over the Past 10 Years
Min: 0.96   Med: 2.16   Max: 5.76
Current: 1.76

During the past 9 years, Tian Cheng Holdings's highest Current Ratio was 5.76. The lowest was 0.96. And the median was 2.16.

HKSE:02110's Current Ratio is ranked better than
59.38% of 1785 companies
in the Construction industry
Industry Median: 1.58 vs HKSE:02110: 1.76

Tian Cheng Holdings  (HKSE:02110) 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.


Tian Cheng Holdings Current Ratio Related Terms


Tian Cheng Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Tian Cheng Holdings'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.

Tian Cheng Holdings Current Ratio Chart

Tian Cheng Holdings Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 3.66 5.76 2.71 2.06 1.80

Tian Cheng Holdings Semi-Annual Data
May17 May18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 2.31 2.06 2.16 1.80 1.76

HKSE:02110 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Tian Cheng 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.


Tian Cheng Holdings Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Tian Cheng Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Tian Cheng Holdings's Current Ratio falls into.



Tian Cheng Holdings 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.

Tian Cheng Holdings's Current Ratio for the fiscal year that ended in May. 2025 is calculated as

Current Ratio (A: May. 2025 )=Total Current Assets (A: May. 2025 )/Total Current Liabilities (A: May. 2025 )
=62.349/34.706
=1.80

Tian Cheng Holdings's Current Ratio for the quarter that ended in Nov. 2025 is calculated as

Current Ratio (Q: Nov. 2025 )=Total Current Assets (Q: Nov. 2025 )/Total Current Liabilities (Q: Nov. 2025 )
=39.164/22.241
=1.76

* 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 1.76 mean?
Tian Cheng Holdings (HKSE:02110) has a Current Ratio of 1.76 as of Nov. 2025. This is 19% below median its historical median of 2.16. Over the past decade, Tian Cheng Holdings' Current Ratio has ranged from 0.96 to 5.76. According to the industry distribution chart, Tian Cheng Holdings ranks #725 out of 1785 companies in the Construction industry, placing it in the top 40.6%.
Is Tian Cheng Holdings' Current Ratio too high?
Tian Cheng Holdings' current Current Ratio of 1.76 is 19% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 5.76. The Construction industry median Current Ratio is 1.58. Tian Cheng Holdings' value of 1.76 is 11.4% above this industry median. Based on the distribution chart, Tian Cheng Holdings ranks #725 out of 1785 companies in the Construction industry, which is above the industry midpoint.
How does Tian Cheng Holdings' Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Tian Cheng Holdings ranks #725 out of 1785 companies for Current Ratio. This puts Tian Cheng Holdings in the upper half of its industry. The industry median Current Ratio is 1.58. Tian Cheng Holdings' value of 1.76 is 11.4% above this benchmark. Historically, Tian Cheng Holdings' own Current Ratio has ranged from 0.96 to 5.76 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 1.58, Tian Cheng 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,785 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. Tian Cheng Holdings's current Current Ratio of 1.76 is 11.4% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Cheng Holdings's current Current Ratio is 1.76, which is 19% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Cheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Cheng Holdings (HKSE:02110) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.08 — trading 25% below its estimated fair value. The current Current Ratio is 1.76, which is 19% below median its 10-year median of 2.16 and 11.4% above the Construction industry median of 1.58. 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 Tian Cheng Holdings (HKSE:02110), the current Current Ratio is 1.76 as of Nov. 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.

Tian Cheng Holdings Business Description

Address 68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tian Cheng Holdings Ltd is a subcontractor specializing in marine construction and civil engineering projects, and engages in marine works including reclamation, sand adjustment, submarine pipeline, sedimentation, and sediment treatment. The company also provides vessel chartering and other civil engineering services such as foundation works, site formation, road, and drainage works. It operates through four segments: Marine Construction Works, Other Civil Engineering Works, Health and Wellness Services, and Vessel Chartering Services. The company generates the majority of its revenue from marine construction and operates mainly in Hong Kong and the PRC, with the majority of revenue coming from Hong Kong.