Taiwan Hopax Chemicals MFG Co has a current ratio of 2.18. It generally indicates good short-term financial strength.
The historical rank and industry rank for Taiwan Hopax Chemicals MFG Co's Current Ratio or its related term are showing as below:
ROCO:6509'
s Current Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.54 Max: 2.65
Current: 2.18
During the past 13 years, Taiwan Hopax Chemicals MFG Co's highest Current Ratio was 2.65. The lowest was 1.18. And the median was 1.54.
ROCO:6509's Current Ratio is ranked better than 57.68% of 1609
companies
in the Chemicals industry
Industry Median: 1.89
vs ROCO:6509: 2.18
Taiwan Hopax Chemicals MFG Co (ROCO:6509) 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.
Taiwan Hopax Chemicals MFG Co Current Ratio Related Terms
Taiwan Hopax Chemicals MFG Co 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.
ROCO:6509 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Taiwan Hopax Chemicals MFG 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.
Taiwan Hopax Chemicals MFG Co Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Hopax Chemicals MFG Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Taiwan Hopax Chemicals MFG Co'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.
Taiwan Hopax Chemicals MFG Co (ROCO:6509) has a Current Ratio of 2.18 as of Dec. 2025. This is 42% above median its historical median of 1.54. Over the past decade, Taiwan Hopax Chemicals MFG Co's Current Ratio has ranged from 1.18 to 2.65. According to the industry distribution chart, Taiwan Hopax Chemicals MFG Co ranks #681 out of 1609 companies in the Chemicals industry, placing it in the top 42.3%.
Is Taiwan Hopax Chemicals MFG Co's Current Ratio too high?
Taiwan Hopax Chemicals MFG Co's current Current Ratio of 2.18 is 42% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.65. The Chemicals industry median Current Ratio is 1.89. Taiwan Hopax Chemicals MFG Co's value of 2.18 is 15.3% above this industry median. Based on the distribution chart, Taiwan Hopax Chemicals MFG Co ranks #681 out of 1609 companies in the Chemicals industry, which is above the industry midpoint. Overall, Taiwan Hopax Chemicals MFG Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Hopax Chemicals MFG Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Hopax Chemicals MFG Co ranks #681 out of 1609 companies for Current Ratio. This puts Taiwan Hopax Chemicals MFG Co in the upper half of its industry. The industry median Current Ratio is 1.89. Taiwan Hopax Chemicals MFG Co's value of 2.18 is 15.3% above this benchmark. Historically, Taiwan Hopax Chemicals MFG Co's own Current Ratio has ranged from 1.18 to 2.65 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.89, Taiwan Hopax Chemicals MFG 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,609 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. Taiwan Hopax Chemicals MFG Co's current Current Ratio of 2.18 is 15.3% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Hopax Chemicals MFG Co's current Current Ratio is 2.18, which is 42% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Hopax Chemicals MFG Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co (ROCO:6509) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$32.50, compared to a current price of NT$55.60 — trading 71.1% above its estimated fair value. The current Current Ratio is 2.18, which is 42% above median its 10-year median of 1.54 and 15.3% above the Chemicals industry median of 1.89. Taiwan Hopax Chemicals MFG Co's overall GF Score™ is 75/100 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 Taiwan Hopax Chemicals MFG Co (ROCO:6509), the current Current Ratio is 2.18 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 Taiwan Hopax Chemicals MFG Co (ROCO:6509) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co stock appears to be overvalued.
The current stock price of NT$55.60 is trading 71.1% above its estimated GF Value™ of NT$32.50.
GuruFocus considers Taiwan Hopax Chemicals MFG Co to be Significantly Overvalued.
Key valuation signals for ROCO:6509:
Current Ratio: 2.18 (42% above median its 10-year median of 1.54)
GF Value™: NT$32.50 vs. price of NT$55.60 (71.1% above fair value)
Industry Position: 15.3% above the Chemicals median (#681 of 1609)
No single metric tells the full story. See the ROCO:6509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Hopax Chemicals MFG Co Business Description
Taiwan Hopax Chemicals MFG Co Ltd manufactures, processes and sells chemical raw materials for pharmaceuticals, industrial, paper making and office stationery. Its product range includes Biopharmaceuticals, Biological reagents, Cell culture medium, Diagnostic Reagent Kits, Electroplating Additives, Lithium battery additives, Dispersants, Carbon-free copy paper specialty chemicals, Wet End Chemicals, Coating Additives, and Boiler water treatment agent. The company's segments include Specialty Chemicals, Fine Chemicals, Office Stationery, and Other segment.
75GF Score
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