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Chongqing Taiji Industry (Group) Co has a current ratio of 0.73. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Chongqing Taiji Industry (Group) Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
Chongqing Taiji Industry (Group) Co (SHSE:600129) 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.
Chongqing Taiji Industry (Group) Co Current Ratio Related Terms
Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co Current Ratio Chart
For the Drug Manufacturers - Specialty & Generic subindustry, Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co Current Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Chongqing Taiji Industry (Group) Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Chongqing Taiji Industry (Group) 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.
Chongqing Taiji Industry (Group) Co (SHSE:600129) has a Current Ratio of 0.73 as of Jun. 2026. This is near median its historical median of 0.80. Over the past decade, Chongqing Taiji Industry (Group) Co's Current Ratio has ranged from 0.70 to 1.03. According to the industry distribution chart, Chongqing Taiji Industry (Group) Co ranks #898 out of 995 companies in the Drug Manufacturers industry, placing it in the top 90.3%.
Is Chongqing Taiji Industry (Group) Co's Current Ratio too high?
Chongqing Taiji Industry (Group) Co's current Current Ratio of 0.73 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.03. The Drug Manufacturers industry median Current Ratio is 1.96. Chongqing Taiji Industry (Group) Co's value of 0.73 is 62.8% below this industry median. Based on the distribution chart, Chongqing Taiji Industry (Group) Co ranks #898 out of 995 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Chongqing Taiji Industry (Group) Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chongqing Taiji Industry (Group) Co's Current Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Chongqing Taiji Industry (Group) Co ranks #898 out of 995 companies for Current Ratio. This places Chongqing Taiji Industry (Group) Co in the lower half of its industry. The industry median Current Ratio is 1.96. Chongqing Taiji Industry (Group) Co's value of 0.73 is 62.8% below this benchmark. Historically, Chongqing Taiji Industry (Group) Co's own Current Ratio has ranged from 0.70 to 1.03 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.96, Chongqing Taiji Industry (Group) 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 a Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 1.96, based on 995 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. Chongqing Taiji Industry (Group) Co's current Current Ratio of 0.73 is 62.8% 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 Drug Manufacturers 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. Chongqing Taiji Industry (Group) Co's current Current Ratio is 0.73, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Taiji Industry (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Taiji Industry (Group) Co (SHSE:600129) is currently considered Possible Value Trap. The stock's GF Value™ is ¥21.07, compared to a current price of ¥14.55 — trading 30.9% below its estimated fair value. The current Current Ratio is 0.73, which is near median its 10-year median of 0.80 and 62.8% below the Drug Manufacturers industry median of 1.96. Chongqing Taiji Industry (Group) 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 Chongqing Taiji Industry (Group) Co (SHSE:600129), the current Current Ratio is 0.73 as of Jun. 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 Chongqing Taiji Industry (Group) Co (SHSE:600129) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Taiji Industry (Group) Co stock appears to be undervalued.
The current stock price of ¥14.55 is trading 30.9% below its estimated GF Value™ of ¥21.07.
GuruFocus considers Chongqing Taiji Industry (Group) Co to be Possible Value Trap.
Key valuation signals for SHSE:600129:
Current Ratio: 0.73 (near median its 10-year median of 0.80)
GF Value™: ¥21.07 vs. price of ¥14.55 (30.9% below fair value)
Industry Position: 62.8% below the Drug Manufacturers median (#898 of 995)
No single metric tells the full story. See the SHSE:600129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Taiji Industry (Group) Co Ltd is a China-based company engaged in the production and sales of Chinese and Western medicines. It is also engaged in the cultivation of medicinal herbs. Its products mainly include capsules, syrup, oral liquid, lyophilized series, tablets, infusion series, and injections. The company mainly conducts its business in domestic and overseas markets.
73GF Score
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