SMIT Holdings (HKSE:02239) Current Ratio: 4.19 (As of Dec. 2025) — Near Median

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HKSE:02239 SMIT Holdings Ltd HKSE:02239
40 GF Score
Price HK$1.36
GF Value HK$0.83
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SMIT Holdings Current Ratio?

SMIT Holdings HKSE:02239 40 Current Ratio is 4.19 as of Dec. 2025, which is 1% above its 10-year median of 4.13. GuruFocus rates HKSE:02239 with a GF Score™ of 40/100 and a GF Value™ of HK$0.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,028 Semiconductors companies, SMIT Holdings ranks better than 74.32% 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. SMIT Holdings's current ratio for the quarter that ended in Dec. 2025 was 4.19.

SMIT Holdings has a current ratio of 4.19. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

HKSE:02239' s Current Ratio Range Over the Past 10 Years
Min: 1.31   Med: 4.13   Max: 9.54
Current: 4.19

During the past 13 years, SMIT Holdings's highest Current Ratio was 9.54. The lowest was 1.31. And the median was 4.13.

HKSE:02239's Current Ratio is ranked better than
74.32% of 1028 companies
in the Semiconductors industry
Industry Median: 2.4 vs HKSE:02239: 4.19

SMIT Holdings  (HKSE:02239) 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.


SMIT Holdings Current Ratio Related Terms


SMIT Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for SMIT 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.

SMIT Holdings Current Ratio Chart

SMIT Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.69 4.59 4.06 4.19

SMIT Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.59 5.92 4.06 4.16 4.19

HKSE:02239 vs NVDA, AVGO, MU: Current Ratio Comparison

For the Semiconductors subindustry, SMIT 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.


SMIT Holdings Current Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SMIT Holdings's Current Ratio distribution charts can be found below:

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


HKSE:02239
40GF Score
SMIT Holdings Ltd HKSE:02239
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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SMIT 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.

SMIT Holdings's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=444.291/105.974
=4.19

SMIT Holdings's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=444.291/105.974
=4.19

* 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 4.19 mean?
SMIT Holdings (HKSE:02239) has a Current Ratio of 4.19 as of Dec. 2025. This is near median its historical median of 4.13. Over the past decade, SMIT Holdings' Current Ratio has ranged from 1.31 to 9.54. According to the industry distribution chart, SMIT Holdings ranks #264 out of 1028 companies in the Semiconductors industry, placing it in the top 25.7%.
Is SMIT Holdings' Current Ratio too high?
SMIT Holdings' current Current Ratio of 4.19 is near median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 9.54. The Semiconductors industry median Current Ratio is 2.40. SMIT Holdings' value of 4.19 is 74.6% above this industry median. Based on the distribution chart, SMIT Holdings ranks #264 out of 1028 companies in the Semiconductors industry, which is above the industry midpoint. Overall, SMIT Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMIT Holdings' Current Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SMIT Holdings ranks #264 out of 1028 companies for Current Ratio. This puts SMIT Holdings in the upper half of its industry. The industry median Current Ratio is 2.40. SMIT Holdings' value of 4.19 is 74.6% above this benchmark. Historically, SMIT Holdings' own Current Ratio has ranged from 1.31 to 9.54 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 2.40, SMIT 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 Semiconductors company?
The median Current Ratio among Semiconductors companies is 2.40, based on 1,028 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. SMIT Holdings's current Current Ratio of 4.19 is 74.6% 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 Semiconductors industry, the median Current Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMIT Holdings's current Current Ratio is 4.19, which is near median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMIT Holdings stock overvalued right now?
Based on GuruFocus' analysis, SMIT Holdings (HKSE:02239) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.83, compared to a current price of HK$1.36 — trading 63.9% above its estimated fair value. The current Current Ratio is 4.19, which is near median its 10-year median of 4.13 and 74.6% above the Semiconductors industry median of 2.40. SMIT Holdings' overall GF Score™ is 40/100 with 5 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 SMIT Holdings (HKSE:02239), the current Current Ratio is 4.19 as of Dec. 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 SMIT Holdings (HKSE:02239) Overvalued in 2026?

Based on GuruFocus' analysis, SMIT Holdings stock appears to be overvalued. The current stock price of HK$1.36 is trading 63.9% above its estimated GF Value™ of HK$0.83. GuruFocus considers SMIT Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:02239:

  • Current Ratio: 4.19 (near median its 10-year median of 4.13)
  • GF Value™: HK$0.83 vs. price of HK$1.36 (63.9% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 74.6% above the Semiconductors median (#264 of 1028)

No single metric tells the full story. See the HKSE:02239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMIT Holdings Business Description

Address 26 Harbour Road, Room 4202-04, 42nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
SMIT Holdings Ltd is an investment holding company. The company is principally engaged in the development and sales of conditional access modules; research, development and sales of smart sensing-oriented products and solution; and provision of integrated circuit solutions. The company has four reportable segments: CAM, Intelligent Sense, Investments, and Other businesses. The company generates the majority of its revenue from the CAM segment is engaged in the development and sales of security products that enable secure distribution and delivery of digital content to television. Geographically, the company generates the majority of its revenue from Europe, followed by China (including Hong Kong) and Others.
40GF Score

Get the complete analysis for HKSE:02239

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

HK$1.36
Price
HK$0.83
GF Value