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Sunray Engineering GroupHKSE:08616 Current Ratio is 2.93 as of Mar. 2026, which is 3% below its 10-year median of 3.02. The stock has 8 warning signs investors should review. Among 1,791 Construction companies, Sunray Engineering Group ranks better than 83.31% 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. Sunray Engineering Group's current ratio for the quarter that ended in Mar. 2026 was 2.93.
Sunray Engineering Group has a current ratio of 2.93. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sunray Engineering Group's Current Ratio or its related term are showing as below:
HKSE:08616'
s Current Ratio Range Over the Past 10 Years
Min: 2.79 Med: 3.02 Max: 4.51
Current: 2.93
During the past 9 years, Sunray Engineering Group's highest Current Ratio was 4.51. The lowest was 2.79. And the median was 3.02.
HKSE:08616's Current Ratio is ranked better than 83.31% of 1791
companies
in the Construction industry
Industry Median: 1.59
vs HKSE:08616: 2.93
Sunray Engineering Group (HKSE:08616) 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.
Sunray Engineering Group Current Ratio Related Terms
Sunray Engineering Group 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.
HKSE:08616 vs PWR, FIX, EME: Current Ratio Comparison
For the Engineering & Construction subindustry, Sunray Engineering Group'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.
Sunray Engineering Group Current Ratio vs Construction Industry
For the Construction industry and Industrials sector, Sunray Engineering Group's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sunray Engineering Group'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.
Sunray Engineering Group (HKSE:08616) has a Current Ratio of 2.93 as of Mar. 2026. This is near median its historical median of 3.02. Over the past decade, Sunray Engineering Group's Current Ratio has ranged from 2.79 to 4.51. According to the industry distribution chart, Sunray Engineering Group ranks #299 out of 1791 companies in the Construction industry, placing it in the top 16.7%.
Is Sunray Engineering Group's Current Ratio too high?
Sunray Engineering Group's current Current Ratio of 2.93 is near median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 4.51. The Construction industry median Current Ratio is 1.59. Sunray Engineering Group's value of 2.93 is 84.3% above this industry median. Based on the distribution chart, Sunray Engineering Group ranks #299 out of 1791 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Sunray Engineering Group's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Sunray Engineering Group ranks #299 out of 1791 companies for Current Ratio. This places Sunray Engineering Group in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.59. Sunray Engineering Group's value of 2.93 is 84.3% above this benchmark. Historically, Sunray Engineering Group's own Current Ratio has ranged from 2.79 to 4.51 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.59, Sunray Engineering Group 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 1,791 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. Sunray Engineering Group's current Current Ratio of 2.93 is 84.3% 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. Sunray Engineering Group's current Current Ratio is 2.93, which is near median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunray Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Sunray Engineering Group (HKSE:08616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.07 — trading 75% above its estimated fair value. The current Current Ratio is 2.93, which is near median its 10-year median of 3.02 and 84.3% 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 Sunray Engineering Group (HKSE:08616), the current Current Ratio is 2.93 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.
Sunray Engineering Group Ltd is an investment holding company. Along with its subsidiaries, it operates as a building protection solution provider principally engaged in the provision of building protection works and the supply of building protection products. Its reporting and operating segments are Provision of building protection works and Supply of building protection products. The majority of the group's revenue is generated from the provision of building protection works, which refers to the selection and use of appropriate building protection products in a building for protection against water, thermal, acoustic, and fire. Geographically, the group generates maximum revenue from Hong Kong, followed by Macau and Mainland China.
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