Shandong Nanshan Aluminum Co (SHSE:600219) Current Ratio: 2.84 (As of Jun. 2026) — 31% Above Median

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SHSE:600219 Shandong Nanshan Aluminum Co Ltd SHSE:600219
93 GF Score
Price ¥4.82
GF Value ¥4.38
Valuation Fairly Valued
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What is Shandong Nanshan Aluminum Co Current Ratio?

Shandong Nanshan Aluminum Co SHSE:600219 -3.60% 93 Current Ratio is 2.84 as of Jun. 2026, which is 31% above its 10-year median of 2.17. GuruFocus rates SHSE:600219 with a GF Score™ of 93/100 and a GF Value™ of ¥4.38 (Fairly Valued). Among 2,648 Metals & Mining companies, Shandong Nanshan Aluminum Co ranks better than 51.06% 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. Shandong Nanshan Aluminum Co's current ratio for the quarter that ended in Jun. 2026 was 2.84.

Shandong Nanshan Aluminum Co has a current ratio of 2.84. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shandong Nanshan Aluminum Co's Current Ratio or its related term are showing as below:

SHSE:600219' s Current Ratio Range Over the Past 10 Years
Min: 1.62   Med: 2.17   Max: 3.74
Current: 2.84

During the past 13 years, Shandong Nanshan Aluminum Co's highest Current Ratio was 3.74. The lowest was 1.62. And the median was 2.17.

SHSE:600219's Current Ratio is ranked better than
51.06% of 2648 companies
in the Metals & Mining industry
Industry Median: 2.72 vs SHSE:600219: 2.84

Shandong Nanshan Aluminum Co  (SHSE:600219) 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.


Shandong Nanshan Aluminum Co Current Ratio Related Terms


Shandong Nanshan Aluminum Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Nanshan Aluminum 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.

Shandong Nanshan Aluminum Co Current Ratio Chart

Shandong Nanshan Aluminum 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 2.04 2.45 2.83 3.04 2.93

Shandong Nanshan Aluminum Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.59 3.38 2.93 3.18 2.84

SHSE:600219 vs AA: Current Ratio Comparison

For the Aluminum subindustry, Shandong Nanshan Aluminum 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.


Shandong Nanshan Aluminum Co Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Nanshan Aluminum Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Nanshan Aluminum Co's Current Ratio falls into.


SHSE:600219
93GF Score
Shandong Nanshan Aluminum Co Ltd SHSE:600219
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Nanshan Aluminum 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.

Shandong Nanshan Aluminum 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 )
=38385.075/13116.541
=2.93

Shandong Nanshan Aluminum Co's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=40378.735/14240.061
=2.84

* 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 2.84 mean?
Shandong Nanshan Aluminum Co (SHSE:600219) has a Current Ratio of 2.84 as of Jun. 2026. This is 31% above median its historical median of 2.17. Over the past decade, Shandong Nanshan Aluminum Co's Current Ratio has ranged from 1.62 to 3.74. According to the industry distribution chart, Shandong Nanshan Aluminum Co ranks #1296 out of 2648 companies in the Metals & Mining industry, placing it in the top 48.9%.
Is Shandong Nanshan Aluminum Co's Current Ratio too high?
Shandong Nanshan Aluminum Co's current Current Ratio of 2.84 is 31% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 3.74. The Metals & Mining industry median Current Ratio is 2.72. Shandong Nanshan Aluminum Co's value of 2.84 is 4.4% above this industry median. Based on the distribution chart, Shandong Nanshan Aluminum Co ranks #1296 out of 2648 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Shandong Nanshan Aluminum Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shandong Nanshan Aluminum Co's Current Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Shandong Nanshan Aluminum Co ranks #1296 out of 2648 companies for Current Ratio. This puts Shandong Nanshan Aluminum Co in the upper half of its industry. The industry median Current Ratio is 2.72. Shandong Nanshan Aluminum Co's value of 2.84 is 4.4% above this benchmark. Historically, Shandong Nanshan Aluminum Co's own Current Ratio has ranged from 1.62 to 3.74 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.72, Shandong Nanshan Aluminum 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.72, based on 2,648 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. Shandong Nanshan Aluminum Co's current Current Ratio of 2.84 is 4.4% 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 Metals & Mining industry, the median Current Ratio is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Nanshan Aluminum Co's current Current Ratio is 2.84, which is 31% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Nanshan Aluminum Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Nanshan Aluminum Co (SHSE:600219) is currently considered Fairly Valued. The stock's GF Value™ is ¥4.38, compared to a current price of ¥4.82 — trading 10% above its estimated fair value. The current Current Ratio is 2.84, which is 31% above median its 10-year median of 2.17 and 4.4% above the Metals & Mining industry median of 2.72. Shandong Nanshan Aluminum Co's overall GF Score™ is 93/100. 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 Shandong Nanshan Aluminum Co (SHSE:600219), the current Current Ratio is 2.84 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 Shandong Nanshan Aluminum Co (SHSE:600219) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Nanshan Aluminum Co stock appears to be overvalued. The current stock price of ¥4.82 is trading 10% above its estimated GF Value™ of ¥4.38. GuruFocus considers Shandong Nanshan Aluminum Co to be Fairly Valued.

Key valuation signals for SHSE:600219:

  • Current Ratio: 2.84 (31% above median its 10-year median of 2.17)
  • GF Value™: ¥4.38 vs. price of ¥4.82 (10% above fair value)
  • GF Score™: 93/100
  • Industry Position: 4.4% above the Metals & Mining median (#1296 of 2648)

No single metric tells the full story. See the SHSE:600219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Nanshan Aluminum Co Business Description

Address Qiansong Village, Dongjiang Town, Shandong Province, Longkou, CHN, 265706
Shandong Nanshan Aluminum Co Ltd is engaged in the production and distribution of aluminum products. It offers aluminum profiles, high-precision aluminum plates, strips, foils, and other products. The products of the company are sold in China and overseas markets, including North America, Europe, Africa, Australia, and Southeast Asia.
93GF Score

Get the complete analysis for SHSE:600219

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

¥4.82
Price
¥4.38
GF Value