Nuode New Materials Co (SHSE:600110) Current Ratio: 1.03 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600110 Nuode New Materials Co Ltd SHSE:600110
73 GF Score
Price ¥12.14
GF Value ¥10.82
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nuode New Materials Co Current Ratio?

Nuode New Materials Co SHSE:600110 +5.20% 73 Current Ratio is 1.03 as of Mar. 2026, which is at its 10-year median of 1.03. GuruFocus rates SHSE:600110 with a GF Score™ of 73/100 and a GF Value™ of ¥10.82 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 3,074 Industrial Products companies, Nuode New Materials Co ranks worse than 89.72% 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. Nuode New Materials Co's current ratio for the quarter that ended in Mar. 2026 was 1.03.

Nuode New Materials Co has a current ratio of 1.03. It generally indicates good short-term financial strength.

The historical rank and industry rank for Nuode New Materials Co's Current Ratio or its related term are showing as below:

SHSE:600110' s Current Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.03   Max: 1.89
Current: 1.03

During the past 13 years, Nuode New Materials Co's highest Current Ratio was 1.89. The lowest was 0.80. And the median was 1.03.

SHSE:600110's Current Ratio is ranked worse than
89.72% of 3074 companies
in the Industrial Products industry
Industry Median: 1.96 vs SHSE:600110: 1.03

Nuode New Materials Co  (SHSE:600110) 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.


Nuode New Materials Co Current Ratio Related Terms


Nuode New Materials Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Nuode New Materials 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.

Nuode New Materials Co Current Ratio Chart

Nuode New Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.89 1.44 0.91 0.98

Nuode New Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.89 0.87 0.97 0.98 1.03

SHSE:600110 vs VRT, BE: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, Nuode New Materials 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.


Nuode New Materials Co Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nuode New Materials Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nuode New Materials Co's Current Ratio falls into.


SHSE:600110
73GF Score
Nuode New Materials Co Ltd SHSE:600110
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuode New Materials 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.

Nuode New Materials 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 )
=9074.019/9251.204
=0.98

Nuode New Materials Co'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 )
=10883.369/10529.349
=1.03

* 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 1.03 mean?
Nuode New Materials Co (SHSE:600110) has a Current Ratio of 1.03 as of Mar. 2026. This is near median its historical median of 1.03. Over the past decade, Nuode New Materials Co's Current Ratio has ranged from 0.80 to 1.89. According to the industry distribution chart, Nuode New Materials Co ranks #2758 out of 3074 companies in the Industrial Products industry, placing it in the top 89.7%.
Is Nuode New Materials Co's Current Ratio too high?
Nuode New Materials Co's current Current Ratio of 1.03 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.89. The Industrial Products industry median Current Ratio is 1.96. Nuode New Materials Co's value of 1.03 is 47.4% below this industry median. Based on the distribution chart, Nuode New Materials Co ranks #2758 out of 3074 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Nuode New Materials Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nuode New Materials Co's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nuode New Materials Co ranks #2758 out of 3074 companies for Current Ratio. This places Nuode New Materials Co in the lower half of its industry. The industry median Current Ratio is 1.96. Nuode New Materials Co's value of 1.03 is 47.4% below this benchmark. Historically, Nuode New Materials Co's own Current Ratio has ranged from 0.80 to 1.89 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.96, Nuode New Materials Co has consistently been below 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,074 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. Nuode New Materials Co's current Current Ratio of 1.03 is 47.4% below 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 Industrial Products 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. Nuode New Materials Co's current Current Ratio is 1.03, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuode New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Nuode New Materials Co (SHSE:600110) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.82, compared to a current price of ¥12.14 — trading 12.2% above its estimated fair value. The current Current Ratio is 1.03, which is near median its 10-year median of 1.03 and 47.4% below the Industrial Products industry median of 1.96. Nuode New Materials Co's overall GF Score™ is 73/100 with 8 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 Nuode New Materials Co (SHSE:600110), the current Current Ratio is 1.03 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.

Is Nuode New Materials Co (SHSE:600110) Overvalued in 2026?

Based on GuruFocus' analysis, Nuode New Materials Co stock appears to be overvalued. The current stock price of ¥12.14 is trading 12.2% above its estimated GF Value™ of ¥10.82. GuruFocus considers Nuode New Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:600110:

  • Current Ratio: 1.03 (near median its 10-year median of 1.03)
  • GF Value™: ¥10.82 vs. price of ¥12.14 (12.2% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 47.4% below the Industrial Products median (#2758 of 3074)

No single metric tells the full story. See the SHSE:600110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuode New Materials Co Business Description

Address No. 8 Shazui Road, 16th Floor, Block A, LVGEM Hongshuwan No. 1, Futian District, Shenzhen, CHN, 518000
Nuode New Materials Co Ltd through its subsidiaries mainly engaged in the research and development, production and sales of electrolytic copper foil.
73GF Score

Get the complete analysis for SHSE:600110

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.14
Price
¥10.82
GF Value