Freetech Road Recycling Technology (Holdings) (HKSE:06888) Current Ratio: 2.34 (As of Jun. 2026) — 17% Above Median

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What is Freetech Road Recycling Technology (Holdings) Current Ratio?

Freetech Road Recycling Technology (Holdings) HKSE:06888 -2.44% Current Ratio is 2.34 as of Jun. 2026, which is 17% above its 10-year median of 2.00. The stock has 7 warning signs investors should review. Among 1,798 Construction companies, Freetech Road Recycling Technology (Holdings) ranks better than 75.42% 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. Freetech Road Recycling Technology (Holdings)'s current ratio for the quarter that ended in Jun. 2026 was 2.34.

Freetech Road Recycling Technology (Holdings) has a current ratio of 2.34. It generally indicates good short-term financial strength.

The historical rank and industry rank for Freetech Road Recycling Technology (Holdings)'s Current Ratio or its related term are showing as below:

HKSE:06888' s Current Ratio Range Over the Past 10 Years
Min: 1.5   Med: 2   Max: 2.83
Current: 2.34

During the past 13 years, Freetech Road Recycling Technology (Holdings)'s highest Current Ratio was 2.83. The lowest was 1.50. And the median was 2.00.

HKSE:06888's Current Ratio is ranked better than
75.42% of 1798 companies
in the Construction industry
Industry Median: 1.59 vs HKSE:06888: 2.34

Freetech Road Recycling Technology (Holdings)  (HKSE:06888) 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.


Freetech Road Recycling Technology (Holdings) Current Ratio Related Terms


Freetech Road Recycling Technology (Holdings) Current Ratio Historical Data

* Premium members only.

The historical data trend for Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (Holdings) Current Ratio Chart

Freetech Road Recycling Technology (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 2.19 1.92 2.07 2.83 2.56

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 2.31 2.83 3.16 2.56 2.34

Freetech Road Recycling Technology (Holdings) Current Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (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.


Freetech Road Recycling Technology (Holdings) Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s Current Ratio falls into.



Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (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 )
=676.45700000249/264.71500000098
=2.56

Freetech Road Recycling Technology (Holdings)'s Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=635.40200000157/271.70000000067
=2.34

* 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 2.34 mean?
Freetech Road Recycling Technology (Holdings) (HKSE:06888) has a Current Ratio of 2.34 as of Jun. 2026. This is 17% above median its historical median of 2.00. Over the past decade, Freetech Road Recycling Technology (Holdings)'s Current Ratio has ranged from 1.50 to 2.83. According to the industry distribution chart, Freetech Road Recycling Technology (Holdings) ranks #442 out of 1798 companies in the Construction industry, placing it in the top 24.6%.
Is Freetech Road Recycling Technology (Holdings)'s Current Ratio too high?
Freetech Road Recycling Technology (Holdings)'s current Current Ratio of 2.34 is 17% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 2.83. The Construction industry median Current Ratio is 1.59. Freetech Road Recycling Technology (Holdings)'s value of 2.34 is 47.2% above this industry median. Based on the distribution chart, Freetech Road Recycling Technology (Holdings) ranks #442 out of 1798 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Freetech Road Recycling Technology (Holdings)'s Current Ratio compare to competitors?
According to the Construction industry distribution chart, Freetech Road Recycling Technology (Holdings) ranks #442 out of 1798 companies for Current Ratio. This places Freetech Road Recycling Technology (Holdings) in the top 25% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.59. Freetech Road Recycling Technology (Holdings)'s value of 2.34 is 47.2% above this benchmark. Historically, Freetech Road Recycling Technology (Holdings)'s own Current Ratio has ranged from 1.50 to 2.83 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 1.59, Freetech Road Recycling Technology (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 Construction company?
The median Current Ratio among Construction companies is 1.59, based on 1,798 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. Freetech Road Recycling Technology (Holdings)'s current Current Ratio of 2.34 is 47.2% 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 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freetech Road Recycling Technology (Holdings)'s current Current Ratio is 2.34, which is 17% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freetech Road Recycling Technology (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Freetech Road Recycling Technology (Holdings) (HKSE:06888) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.08 — trading 14.3% above its estimated fair value. The current Current Ratio is 2.34, which is 17% above median its 10-year median of 2.00 and 47.2% above the Construction industry median of 1.59. 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 Freetech Road Recycling Technology (Holdings) (HKSE:06888), the current Current Ratio is 2.34 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.

Freetech Road Recycling Technology (Holdings) Business Description

Address 18 Whitfield Road, Room 2501, 25th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and the provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are the APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. The company has a business presence in Mainland China and other overseas markets.