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China Next-Gen Commerce and Supply Chain (HKSE:03928) 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.
China Next-Gen Commerce and Supply Chain Current Ratio Related Terms
China Next-Gen Commerce and Supply Chain 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.
China Next-Gen Commerce and Supply Chain Current Ratio Chart
China Next-Gen Commerce and Supply Chain Annual Data
HKSE:03928 vs PWR, FIX, EME: Current Ratio Comparison
For the Engineering & Construction subindustry, China Next-Gen Commerce and Supply Chain'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.
China Next-Gen Commerce and Supply Chain Current Ratio vs Construction Industry
* 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.
China Next-Gen Commerce and Supply Chain (HKSE:03928) has a Current Ratio of 1.97 as of Mar. 2026. This is 50% above median its historical median of 1.31. Over the past decade, China Next-Gen Commerce and Supply Chain's Current Ratio has ranged from 1.07 to 2.01. According to the industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #610 out of 1794 companies in the Construction industry, placing it in the top 34%.
Is China Next-Gen Commerce and Supply Chain's Current Ratio too high?
China Next-Gen Commerce and Supply Chain's current Current Ratio of 1.97 is 50% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.01. The Construction industry median Current Ratio is 1.60. China Next-Gen Commerce and Supply Chain's value of 1.97 is 23.1% above this industry median. Based on the distribution chart, China Next-Gen Commerce and Supply Chain ranks #610 out of 1794 companies in the Construction industry, which is above the industry midpoint. Overall, China Next-Gen Commerce and Supply Chain has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Next-Gen Commerce and Supply Chain's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #610 out of 1794 companies for Current Ratio. This puts China Next-Gen Commerce and Supply Chain in the upper half of its industry. The industry median Current Ratio is 1.60. China Next-Gen Commerce and Supply Chain's value of 1.97 is 23.1% above this benchmark. Historically, China Next-Gen Commerce and Supply Chain's own Current Ratio has ranged from 1.07 to 2.01 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.60, China Next-Gen Commerce and Supply Chain 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 1.60, based on 1,794 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. China Next-Gen Commerce and Supply Chain's current Current Ratio of 1.97 is 23.1% 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 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Next-Gen Commerce and Supply Chain's current Current Ratio is 1.97, which is 50% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Next-Gen Commerce and Supply Chain stock overvalued right now?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain (HKSE:03928) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.74, compared to a current price of HK$26.30 — trading 1411.5% above its estimated fair value. The current Current Ratio is 1.97, which is 50% above median its 10-year median of 1.31 and 23.1% above the Construction industry median of 1.60. China Next-Gen Commerce and Supply Chain's overall GF Score™ is 52/100 with 3 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 China Next-Gen Commerce and Supply Chain (HKSE:03928), the current Current Ratio is 1.97 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 China Next-Gen Commerce and Supply Chain (HKSE:03928) Overvalued in 2026?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain stock appears to be overvalued.
The current stock price of HK$26.30 is trading 1411.5% above its estimated GF Value™ of HK$1.74.
GuruFocus considers China Next-Gen Commerce and Supply Chain to be Significantly Overvalued.
Key valuation signals for HKSE:03928:
Current Ratio: 1.97 (50% above median its 10-year median of 1.31)
GF Value™: HK$1.74 vs. price of HK$26.30 (1411.5% above fair value)
Industry Position: 23.1% above the Construction median (#610 of 1794)
No single metric tells the full story. See the HKSE:03928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Next-Gen Commerce and Supply Chain Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of construction services and property investment in Singapore. It has two operating segments as follows: i) Construction services: provision of civil engineering works, building construction works and other ancillary services to government and commercial corporations. ii) Property investment: leasing of residential and industrial properties. The majority of the company's revenue is derived from the Construction services segment. Geographically, the company derives all of its revenue from Singapore.
52GF Score
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