New Concepts Holdings (HKSE:02221) Current Ratio: 0.67 (As of Mar. 2026) — 37% Below Median

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HKSE:02221 New Concepts Holdings Ltd HKSE:02221
30 GF Score
Price HK$0.60
GF Value HK$0.93
Valuation Possible Value Trap
! 6 Warning Signs
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What is New Concepts Holdings Current Ratio?

New Concepts Holdings HKSE:02221 -1.64% 30 Current Ratio is 0.67 as of Mar. 2026, which is 37% below its 10-year median of 1.07. GuruFocus rates HKSE:02221 with a GF Score™ of 30/100 and a GF Value™ of HK$0.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,792 Construction companies, New Concepts Holdings ranks worse than 95.48% 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. New Concepts Holdings's current ratio for the quarter that ended in Mar. 2026 was 0.67.

New Concepts Holdings has a current ratio of 0.67. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If New Concepts Holdings has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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

HKSE:02221' s Current Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.07   Max: 1.33
Current: 0.67

During the past 13 years, New Concepts Holdings's highest Current Ratio was 1.33. The lowest was 0.59. And the median was 1.07.

HKSE:02221's Current Ratio is ranked worse than
95.48% of 1792 companies
in the Construction industry
Industry Median: 1.59 vs HKSE:02221: 0.67

New Concepts Holdings  (HKSE:02221) 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.


New Concepts Holdings Current Ratio Related Terms


New Concepts Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for New Concepts 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.

New Concepts Holdings Current Ratio Chart

New Concepts Holdings 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 1.16 1.33 1.04 0.90 0.67

New Concepts Holdings 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 1.04 1.01 0.90 0.81 0.67

HKSE:02221 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, New Concepts 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.


New Concepts Holdings Current Ratio vs Construction Industry

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

* The bar in red indicates where New Concepts Holdings's Current Ratio falls into.


HKSE:02221
30GF Score
New Concepts Holdings Ltd HKSE:02221
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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New Concepts 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.

New Concepts Holdings'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 )
=238.901/356.196
=0.67

New Concepts Holdings'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 )
=238.901/356.196
=0.67

* 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 0.67 mean?
New Concepts Holdings (HKSE:02221) has a Current Ratio of 0.67 as of Mar. 2026. This is 37% below median its historical median of 1.07. Over the past decade, New Concepts Holdings' Current Ratio has ranged from 0.59 to 1.33. According to the industry distribution chart, New Concepts Holdings ranks #1711 out of 1792 companies in the Construction industry, placing it in the top 95.5%.
Is New Concepts Holdings' Current Ratio too high?
New Concepts Holdings' current Current Ratio of 0.67 is 37% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.33. The Construction industry median Current Ratio is 1.59. New Concepts Holdings' value of 0.67 is 57.9% below this industry median. Based on the distribution chart, New Concepts Holdings ranks #1711 out of 1792 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, New Concepts Holdings has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Concepts Holdings' Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, New Concepts Holdings ranks #1711 out of 1792 companies for Current Ratio. This places New Concepts Holdings in the lower half of its industry. The industry median Current Ratio is 1.59. New Concepts Holdings' value of 0.67 is 57.9% below this benchmark. Historically, New Concepts Holdings' own Current Ratio has ranged from 0.59 to 1.33 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.59, New Concepts Holdings 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 Construction company?
The median Current Ratio among Construction companies is 1.59, based on 1,792 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. New Concepts Holdings's current Current Ratio of 0.67 is 57.9% 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 Construction industry, the median Current Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Concepts Holdings's current Current Ratio is 0.67, which is 37% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, New Concepts Holdings (HKSE:02221) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.93, compared to a current price of HK$0.60 — trading 35.5% below its estimated fair value. The current Current Ratio is 0.67, which is 37% below median its 10-year median of 1.07 and 57.9% below the Construction industry median of 1.59. New Concepts Holdings' overall GF Score™ is 30/100 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 New Concepts Holdings (HKSE:02221), the current Current Ratio is 0.67 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 New Concepts Holdings (HKSE:02221) Overvalued in 2026?

Based on GuruFocus' analysis, New Concepts Holdings stock appears to be undervalued. The current stock price of HK$0.60 is trading 35.5% below its estimated GF Value™ of HK$0.93. GuruFocus considers New Concepts Holdings to be Possible Value Trap.

Key valuation signals for HKSE:02221:

  • Current Ratio: 0.67 (37% below median its 10-year median of 1.07)
  • GF Value™: HK$0.93 vs. price of HK$0.60 (35.5% below fair value)
  • GF Score™: 30/100 with 6 warning signs
  • Industry Position: 57.9% below the Construction median (#1711 of 1792)

No single metric tells the full story. See the HKSE:02221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Concepts Holdings Business Description

Address 19 Wang Chiu Road, Kingston International Centre, Office B, 3rd Floor, Kowloon Bay, Hong Kong, HKG
New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.
30GF Score

Get the complete analysis for HKSE:02221

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

HK$0.60
Price
HK$0.93
GF Value