Megain Holding (Cayman) Co (HKSE:06939) Current Ratio: 6.45 (As of Dec. 2025) — 24% Below Median

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HKSE:06939 Megain Holding (Cayman) Co Ltd HKSE:06939
54 GF Score
Price HK$1.28
GF Value HK$0.53
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Megain Holding (Cayman) Co Current Ratio?

Megain Holding (Cayman) Co HKSE:06939 +10.34% 54 Current Ratio is 6.45 as of Dec. 2025, which is 24% below its 10-year median of 8.47. GuruFocus rates HKSE:06939 with a GF Score™ of 54/100 and a GF Value™ of HK$0.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,497 Hardware companies, Megain Holding (Cayman) Co ranks better than 91.03% 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. Megain Holding (Cayman) Co's current ratio for the quarter that ended in Dec. 2025 was 6.45.

Megain Holding (Cayman) Co has a current ratio of 6.45. 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 Megain Holding (Cayman) Co's Current Ratio or its related term are showing as below:

HKSE:06939' s Current Ratio Range Over the Past 10 Years
Min: 3.9   Med: 8.47   Max: 19.31
Current: 6.45

During the past 9 years, Megain Holding (Cayman) Co's highest Current Ratio was 19.31. The lowest was 3.90. And the median was 8.47.

HKSE:06939's Current Ratio is ranked better than
91.03% of 2497 companies
in the Hardware industry
Industry Median: 1.94 vs HKSE:06939: 6.45

Megain Holding (Cayman) Co  (HKSE:06939) 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.


Megain Holding (Cayman) Co Current Ratio Related Terms


Megain Holding (Cayman) Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Megain Holding (Cayman) Co'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.

Megain Holding (Cayman) Co Current Ratio Chart

Megain Holding (Cayman) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 11.32 9.89 19.31 8.57 6.45

Megain Holding (Cayman) Co Semi-Annual Data
Dec17 Dec18 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 19.31 10.81 8.57 8.58 6.45

HKSE:06939 vs DELL, ANET, SNDK: Current Ratio Comparison

For the Computer Hardware subindustry, Megain Holding (Cayman) 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.


Megain Holding (Cayman) Co Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Megain Holding (Cayman) Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Megain Holding (Cayman) Co's Current Ratio falls into.


HKSE:06939
54GF Score
Megain Holding (Cayman) Co Ltd HKSE:06939
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megain Holding (Cayman) Co 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.

Megain Holding (Cayman) Co'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 )
=281.904/43.718
=6.45

Megain Holding (Cayman) Co'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 )
=281.904/43.718
=6.45

* 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 6.45 mean?
Megain Holding (Cayman) Co (HKSE:06939) has a Current Ratio of 6.45 as of Dec. 2025. This is 24% below median its historical median of 8.47. Over the past decade, Megain Holding (Cayman) Co's Current Ratio has ranged from 3.90 to 19.31. According to the industry distribution chart, Megain Holding (Cayman) Co ranks #224 out of 2497 companies in the Hardware industry, placing it in the top 9%.
Is Megain Holding (Cayman) Co's Current Ratio too high?
Megain Holding (Cayman) Co's current Current Ratio of 6.45 is 24% below median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 3.90 to a high of 19.31. The Hardware industry median Current Ratio is 1.94. Megain Holding (Cayman) Co's value of 6.45 is 232.5% above this industry median. Based on the distribution chart, Megain Holding (Cayman) Co ranks #224 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Megain Holding (Cayman) Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megain Holding (Cayman) Co's Current Ratio compare to DELL and ANET?
According to the Hardware industry distribution chart, Megain Holding (Cayman) Co ranks #224 out of 2497 companies for Current Ratio. This places Megain Holding (Cayman) Co in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.94. Megain Holding (Cayman) Co's value of 6.45 is 232.5% above this benchmark. Historically, Megain Holding (Cayman) Co's own Current Ratio has ranged from 3.90 to 19.31 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 1.94, Megain Holding (Cayman) Co 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 Hardware company?
The median Current Ratio among Hardware companies is 1.94, based on 2,497 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. Megain Holding (Cayman) Co's current Current Ratio of 6.45 is 232.5% 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 Hardware industry, the median Current Ratio is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megain Holding (Cayman) Co's current Current Ratio is 6.45, which is 24% below median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megain Holding (Cayman) Co stock overvalued right now?
Based on GuruFocus' analysis, Megain Holding (Cayman) Co (HKSE:06939) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$1.28 — trading 141.5% above its estimated fair value. The current Current Ratio is 6.45, which is 24% below median its 10-year median of 8.47 and 232.5% above the Hardware industry median of 1.94. Megain Holding (Cayman) Co's overall GF Score™ is 54/100 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 Megain Holding (Cayman) Co (HKSE:06939), the current Current Ratio is 6.45 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 Megain Holding (Cayman) Co (HKSE:06939) Overvalued in 2026?

Based on GuruFocus' analysis, Megain Holding (Cayman) Co stock appears to be overvalued. The current stock price of HK$1.28 is trading 141.5% above its estimated GF Value™ of HK$0.53. GuruFocus considers Megain Holding (Cayman) Co to be Significantly Overvalued.

Key valuation signals for HKSE:06939:

  • Current Ratio: 6.45 (24% below median its 10-year median of 8.47)
  • GF Value™: HK$0.53 vs. price of HK$1.28 (141.5% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 232.5% above the Hardware median (#224 of 2497)

No single metric tells the full story. See the HKSE:06939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megain Holding (Cayman) Co Business Description

Address No. 199 Hezheng Road, Floors 6-11, Building 2, Xiangzhou District, Guangdong Province, Zhuhai, CHN, 519000
Megain Holding (Cayman) Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The group derives a majority of its revenue from the People's Republic of China.
54GF Score

Get the complete analysis for HKSE:06939

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

HK$1.28
Price
HK$0.53
GF Value