North Electro-Optic CoSHSE:600184 +4.79%55 Current Ratio is 2.05 as of Mar. 2026, which is 22% above its 10-year median of 1.68. GuruFocus rates SHSE:600184 with a GF Score™ of 55/100 and a GF Value™ of ¥13.33 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 357 Aerospace & Defense companies, North Electro-Optic Co ranks better than 53.5% 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. North Electro-Optic Co's current ratio for the quarter that ended in Mar. 2026 was 2.05.
North Electro-Optic Co has a current ratio of 2.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for North Electro-Optic Co's Current Ratio or its related term are showing as below:
SHSE:600184'
s Current Ratio Range Over the Past 10 Years
Min: 1.38 Med: 1.68 Max: 2.27
Current: 2.05
During the past 13 years, North Electro-Optic Co's highest Current Ratio was 2.27. The lowest was 1.38. And the median was 1.68.
SHSE:600184's Current Ratio is ranked better than 53.5% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.93
vs SHSE:600184: 2.05
North Electro-Optic Co (SHSE:600184) 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.
North Electro-Optic Co Current Ratio Related Terms
North Electro-Optic 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.
SHSE:600184 vs SPCX, GE, RTX: Current Ratio Comparison
For the Aerospace & Defense subindustry, North Electro-Optic 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.
North Electro-Optic Co Current Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, North Electro-Optic Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where North Electro-Optic 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.
North Electro-Optic Co (SHSE:600184) has a Current Ratio of 2.05 as of Mar. 2026. This is 22% above median its historical median of 1.68. Over the past decade, North Electro-Optic Co's Current Ratio has ranged from 1.38 to 2.27. According to the industry distribution chart, North Electro-Optic Co ranks #166 out of 357 companies in the Aerospace & Defense industry, placing it in the top 46.5%.
Is North Electro-Optic Co's Current Ratio too high?
North Electro-Optic Co's current Current Ratio of 2.05 is 22% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 2.27. The Aerospace & Defense industry median Current Ratio is 1.93. North Electro-Optic Co's value of 2.05 is 6.2% above this industry median. Based on the distribution chart, North Electro-Optic Co ranks #166 out of 357 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, North Electro-Optic Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Electro-Optic Co's Current Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, North Electro-Optic Co ranks #166 out of 357 companies for Current Ratio. This puts North Electro-Optic Co in the upper half of its industry. The industry median Current Ratio is 1.93. North Electro-Optic Co's value of 2.05 is 6.2% above this benchmark. Historically, North Electro-Optic Co's own Current Ratio has ranged from 1.38 to 2.27 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.93, North Electro-Optic 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 an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 357 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. North Electro-Optic Co's current Current Ratio of 2.05 is 6.2% 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 Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Electro-Optic Co's current Current Ratio is 2.05, which is 22% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Electro-Optic Co stock overvalued right now?
Based on GuruFocus' analysis, North Electro-Optic Co (SHSE:600184) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.33, compared to a current price of ¥22.32 — trading 67.4% above its estimated fair value. The current Current Ratio is 2.05, which is 22% above median its 10-year median of 1.68 and 6.2% above the Aerospace & Defense industry median of 1.93. North Electro-Optic Co's overall GF Score™ is 55/100 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 North Electro-Optic Co (SHSE:600184), the current Current Ratio is 2.05 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 North Electro-Optic Co (SHSE:600184) Overvalued in 2026?
Based on GuruFocus' analysis, North Electro-Optic Co stock appears to be overvalued.
The current stock price of ¥22.32 is trading 67.4% above its estimated GF Value™ of ¥13.33.
GuruFocus considers North Electro-Optic Co to be Significantly Overvalued.
Key valuation signals for SHSE:600184:
Current Ratio: 2.05 (22% above median its 10-year median of 1.68)
GF Value™: ¥13.33 vs. price of ¥22.32 (67.4% above fair value)
Industry Position: 6.2% above the Aerospace & Defense median (#166 of 357)
No single metric tells the full story. See the SHSE:600184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
55GF Score
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