China High Precision Automation Group has a current ratio of 19.81. 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.
HPAGF's Current Ratio is ranked better than 98.6% of 2496
companies
in the Hardware industry
Industry Median: 1.96
vs HPAGF: 19.81
China High Precision Automation Group (OTCPK:HPAGF) 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 High Precision Automation Group Current Ratio Related Terms
China High Precision Automation 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.
China High Precision Automation Group Current Ratio Chart
HPAGF vs COHR, KEYS, GRMN: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, China High Precision Automation 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.
China High Precision Automation Group Current Ratio vs Hardware 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 High Precision Automation Group (HPAGF) has a Current Ratio of 19.81 as of Dec. 2025. This is 15% below median its historical median of 23.44. Over the past decade, China High Precision Automation Group's Current Ratio has ranged from 19.81 to 27.65. According to the industry distribution chart, China High Precision Automation Group ranks #35 out of 2496 companies in the Hardware industry, placing it in the top 1.4%.
Is China High Precision Automation Group's Current Ratio too high?
China High Precision Automation Group's current Current Ratio of 19.81 is 15% below median its 10-year median of 23.44. Over the past 10 years, this metric has ranged from a low of 19.81 to a high of 27.65. The Hardware industry median Current Ratio is 1.96. China High Precision Automation Group's value of 19.81 is 910.7% above this industry median. Based on the distribution chart, China High Precision Automation Group ranks #35 out of 2496 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China High Precision Automation Group has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China High Precision Automation Group's Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, China High Precision Automation Group ranks #35 out of 2496 companies for Current Ratio. This places China High Precision Automation Group in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. China High Precision Automation Group's value of 19.81 is 910.7% above this benchmark. Historically, China High Precision Automation Group's own Current Ratio has ranged from 19.81 to 27.65 over the past decade. While the company's 10-year median is 23.44 vs. the industry median of 1.96, China High Precision Automation 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,496 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 High Precision Automation Group's current Current Ratio of 19.81 is 910.7% 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 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China High Precision Automation Group's current Current Ratio is 19.81, which is 15% below median its own 10-year median of 23.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China High Precision Automation Group stock overvalued right now?
Based on GuruFocus' analysis, China High Precision Automation Group (HPAGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.03 — trading 189.9% above its estimated fair value. The current Current Ratio is 19.81, which is 15% below median its 10-year median of 23.44 and 910.7% above the Hardware industry median of 1.96. China High Precision Automation Group's overall GF Score™ is 45/100 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 High Precision Automation Group (HPAGF), the current Current Ratio is 19.81 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 China High Precision Automation Group (HPAGF) Overvalued in 2026?
Based on GuruFocus' analysis, China High Precision Automation Group stock appears to be overvalued.
The current stock price of $0.03 is trading 189.9% above its estimated GF Value™ of $0.01.
GuruFocus considers China High Precision Automation Group to be Significantly Overvalued.
Key valuation signals for HPAGF:
Current Ratio: 19.81 (15% below median its 10-year median of 23.44)
GF Value™: $0.01 vs. price of $0.03 (189.9% above fair value)
Industry Position: 910.7% above the Hardware median (#35 of 2496)
No single metric tells the full story. See the HPAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China High Precision Automation Group Business Description
China High Precision Automation Group Ltd is an investment holding company. Through its subsidiaries engaged in the manufacturing and selling of and provision of consigned processing services on high precision industrial automation instrument and technology products, and the manufacturing and selling of multi-functional all plastic quartz watch movements. The company has the following two business segments: Automation instrument and technology products and Horological instruments. It generates the majority of its reveue from the sales of automation instrument and technology products.
45GF Score
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