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What is Pateo Connect Technology (Shanghai) Current Ratio?
Pateo Connect Technology (Shanghai)HKSE:02889 +1.33%8 Current Ratio is 1.48 as of Dec. 2025, which is 1% below its 10-year median of 1.50. GuruFocus rates HKSE:02889 with a GF Score™ of 8/100. The stock has 2 warning signs investors should review. Among 2,875 Software companies, Pateo Connect Technology (Shanghai) ranks worse than 60.45% on this metric.
Pateo Connect Technology (Shanghai) (HKSE:02889) 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.
Pateo Connect Technology (Shanghai) Current Ratio Related Terms
Pateo Connect Technology (Shanghai) Current Ratio Historical Data
* 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.
Pateo Connect Technology (Shanghai) Current Ratio Chart
Pateo Connect Technology (Shanghai) Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Current Ratio
1.52
1.23
1.54
1.48
Pateo Connect Technology (Shanghai) Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Current Ratio
1.52
1.23
1.54
1.48
HKSE:02889 vs QH, SHOP, UBER: Current Ratio Comparison
For the Software - Application subindustry, Pateo Connect Technology (Shanghai)'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.
Pateo Connect Technology (Shanghai) Current Ratio vs Software Industry
For the Software industry and Technology sector, Pateo Connect Technology (Shanghai)'s Current Ratio distribution charts can be found below:
* The bar in red indicates where Pateo Connect Technology (Shanghai)'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.
Pateo Connect Technology (Shanghai) (HKSE:02889) has a Current Ratio of 1.48 as of Dec. 2025. This is near median its historical median of 1.50. Over the past decade, Pateo Connect Technology (Shanghai)'s Current Ratio has ranged from 1.23 to 1.54. According to the industry distribution chart, Pateo Connect Technology (Shanghai) ranks #1738 out of 2875 companies in the Software industry, placing it in the top 60.5%.
Is Pateo Connect Technology (Shanghai)'s Current Ratio too high?
Pateo Connect Technology (Shanghai)'s current Current Ratio of 1.48 is near median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 1.54. The Software industry median Current Ratio is 1.80. Pateo Connect Technology (Shanghai)'s value of 1.48 is 17.8% below this industry median. Based on the distribution chart, Pateo Connect Technology (Shanghai) ranks #1738 out of 2875 companies in the Software industry, which is below the industry midpoint. Overall, Pateo Connect Technology (Shanghai) has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Pateo Connect Technology (Shanghai)'s Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Pateo Connect Technology (Shanghai) ranks #1738 out of 2875 companies for Current Ratio. This places Pateo Connect Technology (Shanghai) in the lower half of its industry. The industry median Current Ratio is 1.80. Pateo Connect Technology (Shanghai)'s value of 1.48 is 17.8% below this benchmark. Historically, Pateo Connect Technology (Shanghai)'s own Current Ratio has ranged from 1.23 to 1.54 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.80, Pateo Connect Technology (Shanghai) 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 2,875 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. Pateo Connect Technology (Shanghai)'s current Current Ratio of 1.48 is 17.8% 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. Pateo Connect Technology (Shanghai)'s current Current Ratio is 1.48, which is near median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pateo Connect Technology (Shanghai) stock overvalued right now?
Pateo Connect Technology (Shanghai) (HKSE:02889) has a current Current Ratio of 1.48. The current Current Ratio is 1.48, which is near median its 10-year median of 1.50 and 17.8% below the Software industry median of 1.80. Pateo Connect Technology (Shanghai)'s overall GF Score™ is 8/100 with 2 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 Pateo Connect Technology (Shanghai) (HKSE:02889), the current Current Ratio is 1.48 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.
Pateo Connect Technology (Shanghai) Corp is a smart cockpit solution provider in China. The company is a integrated IoV service provider offering active safety systems, automotive electronics, low-level automotive software, intelligent operating system (OS), application software, domestic & international Internet automobile ecosystem, mobile phone connectivity, communications operation, TSP platform development & operation services, cloud computing, big data, content services integration & operation, map engine software & cloud architecture, embedded voice & cloud platform solutions, to AI (Artificial Intelligence). Its segments include Smart cockpit solutions, Vehicle connectivity support services, and Others.
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