Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Xinjiang Xinxin Mining Industry Co (HKSE:03833) 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.
Xinjiang Xinxin Mining Industry Co Current Ratio Related Terms
Xinjiang Xinxin Mining Industry Co 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.
Xinjiang Xinxin Mining Industry Co Current Ratio Chart
Xinjiang Xinxin Mining Industry Co Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Xinjiang Xinxin Mining Industry Co'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.
Xinjiang Xinxin Mining Industry Co Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Xinjiang Xinxin Mining Industry Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Xinjiang Xinxin Mining Industry Co'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.
Xinjiang Xinxin Mining Industry Co (HKSE:03833) has a Current Ratio of 1.02 as of Jun. 2026. This is 15% below median its historical median of 1.20. Over the past decade, Xinjiang Xinxin Mining Industry Co's Current Ratio has ranged from 0.87 to 2.19. According to the industry distribution chart, Xinjiang Xinxin Mining Industry Co ranks #2014 out of 2639 companies in the Metals & Mining industry, placing it in the top 76.3%.
Is Xinjiang Xinxin Mining Industry Co's Current Ratio too high?
Xinjiang Xinxin Mining Industry Co's current Current Ratio of 1.02 is 15% below median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.19. The Metals & Mining industry median Current Ratio is 2.69. Xinjiang Xinxin Mining Industry Co's value of 1.02 is 62.1% below this industry median. Based on the distribution chart, Xinjiang Xinxin Mining Industry Co ranks #2014 out of 2639 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Xinjiang Xinxin Mining Industry Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Xinxin Mining Industry Co's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Xinjiang Xinxin Mining Industry Co ranks #2014 out of 2639 companies for Current Ratio. This places Xinjiang Xinxin Mining Industry Co in the lower half of its industry. The industry median Current Ratio is 2.69. Xinjiang Xinxin Mining Industry Co's value of 1.02 is 62.1% below this benchmark. Historically, Xinjiang Xinxin Mining Industry Co's own Current Ratio has ranged from 0.87 to 2.19 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 2.69, Xinjiang Xinxin Mining Industry Co 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.69, based on 2,639 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. Xinjiang Xinxin Mining Industry Co's current Current Ratio of 1.02 is 62.1% 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 Metals & Mining industry, the median Current Ratio is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Xinxin Mining Industry Co's current Current Ratio is 1.02, which is 15% below median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Xinxin Mining Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Xinxin Mining Industry Co (HKSE:03833) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.31, compared to a current price of HK$1.93 — trading 46.9% above its estimated fair value. The current Current Ratio is 1.02, which is 15% below median its 10-year median of 1.20 and 62.1% below the Metals & Mining industry median of 2.69. Xinjiang Xinxin Mining Industry Co's overall GF Score™ is 68/100 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 Xinjiang Xinxin Mining Industry Co (HKSE:03833), the current Current Ratio is 1.02 as of Jun. 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 Xinjiang Xinxin Mining Industry Co (HKSE:03833) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Xinxin Mining Industry Co stock appears to be overvalued.
The current stock price of HK$1.93 is trading 46.9% above its estimated GF Value™ of HK$1.31.
GuruFocus considers Xinjiang Xinxin Mining Industry Co to be Significantly Overvalued.
Key valuation signals for HKSE:03833:
Current Ratio: 1.02 (15% below median its 10-year median of 1.20)
GF Value™: HK$1.31 vs. price of HK$1.93 (46.9% above fair value)
Industry Position: 62.1% below the Metals & Mining median (#2014 of 2639)
No single metric tells the full story. See the HKSE:03833 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting, and refining operations, and sales of nickel, copper, and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper, and other non-ferrous metal products in China.
68GF Score
Get the complete analysis for HKSE:03833
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:03833 has been successfully added to your 
