Mi Ming Mart Holdings (HKSE:08473) Current Ratio: 2.62 (As of Mar. 2026) — 37% Below Median

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What is Mi Ming Mart Holdings Current Ratio?

Mi Ming Mart Holdings HKSE:08473 -1.04% Current Ratio is 2.62 as of Mar. 2026, which is 37% below its 10-year median of 4.15. The stock has 7 warning signs investors should review. Among 1,135 Retail - Cyclical companies, Mi Ming Mart Holdings ranks better than 75.86% 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. Mi Ming Mart Holdings's current ratio for the quarter that ended in Mar. 2026 was 2.62.

Mi Ming Mart Holdings has a current ratio of 2.62. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mi Ming Mart Holdings's Current Ratio or its related term are showing as below:

HKSE:08473' s Current Ratio Range Over the Past 10 Years
Min: 1.35   Med: 4.15   Max: 13.16
Current: 2.62

During the past 12 years, Mi Ming Mart Holdings's highest Current Ratio was 13.16. The lowest was 1.35. And the median was 4.15.

HKSE:08473's Current Ratio is ranked better than
75.86% of 1135 companies
in the Retail - Cyclical industry
Industry Median: 1.57 vs HKSE:08473: 2.62

Mi Ming Mart Holdings  (HKSE:08473) 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.


Mi Ming Mart Holdings Current Ratio Related Terms


Mi Ming Mart Holdings Current Ratio Historical Data

* Premium members only.

The historical data trend for Mi Ming Mart 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.

Mi Ming Mart Holdings Current Ratio Chart

Mi Ming Mart Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 3.53 3.82 1.35 2.62

Mi Ming Mart Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.82 3.64 1.35 2.15 2.62

HKSE:08473 vs CASY, WSM, DKS: Current Ratio Comparison

For the Specialty Retail subindustry, Mi Ming Mart 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.


Mi Ming Mart Holdings Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mi Ming Mart Holdings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mi Ming Mart Holdings's Current Ratio falls into.



Mi Ming Mart 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.

Mi Ming Mart Holdings's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=53.869/20.565
=2.62

Mi Ming Mart Holdings's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=53.869/20.565
=2.62

* 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 2.62 mean?
Mi Ming Mart Holdings (HKSE:08473) has a Current Ratio of 2.62 as of Mar. 2026. This is 37% below median its historical median of 4.15. Over the past decade, Mi Ming Mart Holdings' Current Ratio has ranged from 1.35 to 13.16. According to the industry distribution chart, Mi Ming Mart Holdings ranks #274 out of 1135 companies in the Retail - Cyclical industry, placing it in the top 24.1%.
Is Mi Ming Mart Holdings' Current Ratio too high?
Mi Ming Mart Holdings' current Current Ratio of 2.62 is 37% below median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 13.16. The Retail - Cyclical industry median Current Ratio is 1.57. Mi Ming Mart Holdings' value of 2.62 is 66.9% above this industry median. Based on the distribution chart, Mi Ming Mart Holdings ranks #274 out of 1135 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers.
How does Mi Ming Mart Holdings' Current Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mi Ming Mart Holdings ranks #274 out of 1135 companies for Current Ratio. This places Mi Ming Mart Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Mi Ming Mart Holdings' value of 2.62 is 66.9% above this benchmark. Historically, Mi Ming Mart Holdings' own Current Ratio has ranged from 1.35 to 13.16 over the past decade. While the company's 10-year median is 4.15 vs. the industry median of 1.57, Mi Ming Mart 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,135 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. Mi Ming Mart Holdings's current Current Ratio of 2.62 is 66.9% 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 Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mi Ming Mart Holdings's current Current Ratio is 2.62, which is 37% below median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mi Ming Mart Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mi Ming Mart Holdings (HKSE:08473) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.10 — trading 5% below its estimated fair value. The current Current Ratio is 2.62, which is 37% below median its 10-year median of 4.15 and 66.9% above the Retail - Cyclical industry median of 1.57. 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 Mi Ming Mart Holdings (HKSE:08473), the current Current Ratio is 2.62 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.

Mi Ming Mart Holdings Business Description

Address 18 Pennington Street, 16th Floor, Guangdong Tours Centre, Hong Kong, HKG
Mi Ming Mart Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in retailing multi-brand beauty and health products and providing beauty services in Hong Kong. The group derives a majority of its revenue from the sale of skincare, cosmetics, food and health supplements, and other products. Geographically, it derives maximum revenue from Hong Kong, and the rest from the United States of America, Macau, and Japan.