Shine-On BioMedical Co (ROCO:6926) Current Ratio: 21.48 (As of Dec. 2025) — 57% Below Median

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ROCO:6926 Shine-On BioMedical Co Ltd ROCO:6926
12 GF Score
Price NT$64.80
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What is Shine-On BioMedical Co Current Ratio?

Shine-On BioMedical Co ROCO:6926 12 Current Ratio is 21.48 as of Dec. 2025, which is 57% below its 10-year median of 49.61. GuruFocus rates ROCO:6926 with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 1,411 Biotechnology companies, Shine-On BioMedical Co ranks better than 93.41% 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. Shine-On BioMedical Co's current ratio for the quarter that ended in Dec. 2025 was 21.48.

Shine-On BioMedical Co has a current ratio of 21.48. 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 Shine-On BioMedical Co's Current Ratio or its related term are showing as below:

ROCO:6926' s Current Ratio Range Over the Past 10 Years
Min: 21.48   Med: 49.61   Max: 369.3
Current: 21.48

During the past 7 years, Shine-On BioMedical Co's highest Current Ratio was 369.30. The lowest was 21.48. And the median was 49.61.

ROCO:6926's Current Ratio is ranked better than
93.41% of 1411 companies
in the Biotechnology industry
Industry Median: 3.88 vs ROCO:6926: 21.48

Shine-On BioMedical Co  (ROCO:6926) 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.


Shine-On BioMedical Co Current Ratio Related Terms


Shine-On BioMedical Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shine-On BioMedical 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.

Shine-On BioMedical Co Current Ratio Chart

Shine-On BioMedical Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 330.89 369.30 49.61 25.92 21.48

Shine-On BioMedical Co Semi-Annual Data
Dec19 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 49.61 56.04 25.92 115.08 21.48

ROCO:6926 vs VRTX, REGN, ALNY: Current Ratio Comparison

For the Biotechnology subindustry, Shine-On BioMedical 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.


Shine-On BioMedical Co Current Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shine-On BioMedical Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shine-On BioMedical Co's Current Ratio falls into.


ROCO:6926
12GF Score
Shine-On BioMedical Co Ltd ROCO:6926
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shine-On BioMedical 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.

Shine-On BioMedical 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 )
=935.062/43.537
=21.48

Shine-On BioMedical 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 )
=935.062/43.537
=21.48

* 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 21.48 mean?
Shine-On BioMedical Co (ROCO:6926) has a Current Ratio of 21.48 as of Dec. 2025. This is 57% below median its historical median of 49.61. Over the past decade, Shine-On BioMedical Co's Current Ratio has ranged from 21.48 to 369.30. According to the industry distribution chart, Shine-On BioMedical Co ranks #93 out of 1411 companies in the Biotechnology industry, placing it in the top 6.6%.
Is Shine-On BioMedical Co's Current Ratio too high?
Shine-On BioMedical Co's current Current Ratio of 21.48 is 57% below median its 10-year median of 49.61. Over the past 10 years, this metric has ranged from a low of 21.48 to a high of 369.30. The Biotechnology industry median Current Ratio is 3.88. Shine-On BioMedical Co's value of 21.48 is 453.6% above this industry median. Based on the distribution chart, Shine-On BioMedical Co ranks #93 out of 1411 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Shine-On BioMedical Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Shine-On BioMedical Co's Current Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Shine-On BioMedical Co ranks #93 out of 1411 companies for Current Ratio. This places Shine-On BioMedical Co in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.88. Shine-On BioMedical Co's value of 21.48 is 453.6% above this benchmark. Historically, Shine-On BioMedical Co's own Current Ratio has ranged from 21.48 to 369.30 over the past decade. While the company's 10-year median is 49.61 vs. the industry median of 3.88, Shine-On BioMedical 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 Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.88, based on 1,411 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. Shine-On BioMedical Co's current Current Ratio of 21.48 is 453.6% 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 Biotechnology industry, the median Current Ratio is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine-On BioMedical Co's current Current Ratio is 21.48, which is 57% below median its own 10-year median of 49.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine-On BioMedical Co stock overvalued right now?
Shine-On BioMedical Co (ROCO:6926) has a current Current Ratio of 21.48. The current Current Ratio is 21.48, which is 57% below median its 10-year median of 49.61 and 453.6% above the Biotechnology industry median of 3.88. Shine-On BioMedical Co's overall GF Score™ is 12/100 with 1 warning sign 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 Shine-On BioMedical Co (ROCO:6926), the current Current Ratio is 21.48 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.

Shine-On BioMedical Co Business Description

Address No. 573, Taiwan Boulevard, 10th Floor, Section 2, West District, Taichung, TWN
Shine-On BioMedical Co Ltd develops drugs based on antibodies and nucleic acids. The Company researches, develops, manufactures, and distributes antibody anticancer drugs, nucleic acid anticancer drugs. The company's drug development and nucleic acid therapeutics are focused on providing patients with effective cancer treatment options.
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NT$64.80
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