Hubeinxia New Building Materials Co has a current ratio of 0.87. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Hubeinxia New Building Materials Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
SHSE:600293'
s Current Ratio Range Over the Past 10 Years
Min: 0.49 Med: 0.88 Max: 1.87
Current: 0.87
During the past 13 years, Hubeinxia New Building Materials Co's highest Current Ratio was 1.87. The lowest was 0.49. And the median was 0.88.
SHSE:600293's Current Ratio is ranked worse than 83.82% of 408
companies
in the Building Materials industry
Industry Median: 1.515
vs SHSE:600293: 0.87
Hubeinxia New Building Materials Co (SHSE:600293) 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.
Hubeinxia New Building Materials Co Current Ratio Related Terms
Hubeinxia New Building Materials 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.
Hubeinxia New Building Materials Co Current Ratio Chart
SHSE:600293 vs CRH, VMC, MLM: Current Ratio Comparison
For the Building Materials subindustry, Hubeinxia New Building 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.
Hubeinxia New Building Materials Co Current Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Hubeinxia New Building Materials Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hubeinxia New Building Materials 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.
Hubeinxia New Building Materials Co (SHSE:600293) has a Current Ratio of 0.87 as of Mar. 2026. This is near median its historical median of 0.88. Over the past decade, Hubeinxia New Building Materials Co's Current Ratio has ranged from 0.49 to 1.87. According to the industry distribution chart, Hubeinxia New Building Materials Co ranks #342 out of 408 companies in the Building Materials industry, placing it in the top 83.8%.
Is Hubeinxia New Building Materials Co's Current Ratio too high?
Hubeinxia New Building Materials Co's current Current Ratio of 0.87 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.87. The Building Materials industry median Current Ratio is 1.52. Hubeinxia New Building Materials Co's value of 0.87 is 42.6% below this industry median. Based on the distribution chart, Hubeinxia New Building Materials Co ranks #342 out of 408 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Hubeinxia New Building Materials Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubeinxia New Building Materials Co's Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hubeinxia New Building Materials Co ranks #342 out of 408 companies for Current Ratio. This places Hubeinxia New Building Materials Co in the lower half of its industry. The industry median Current Ratio is 1.52. Hubeinxia New Building Materials Co's value of 0.87 is 42.6% below this benchmark. Historically, Hubeinxia New Building Materials Co's own Current Ratio has ranged from 0.49 to 1.87 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.52, Hubeinxia New Building 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 a Building Materials company?
The median Current Ratio among Building Materials companies is 1.52, based on 408 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. Hubeinxia New Building Materials Co's current Current Ratio of 0.87 is 42.6% 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 Building Materials industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubeinxia New Building Materials Co's current Current Ratio is 0.87, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubeinxia New Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hubeinxia New Building Materials Co (SHSE:600293) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.73, compared to a current price of ¥2.47 — trading 42.8% above its estimated fair value. The current Current Ratio is 0.87, which is near median its 10-year median of 0.88 and 42.6% below the Building Materials industry median of 1.52. Hubeinxia New Building Materials Co's overall GF Score™ is 52/100 with 5 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 Hubeinxia New Building Materials Co (SHSE:600293), the current Current Ratio is 0.87 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 Hubeinxia New Building Materials Co (SHSE:600293) Overvalued in 2026?
Based on GuruFocus' analysis, Hubeinxia New Building Materials Co stock appears to be overvalued.
The current stock price of ¥2.47 is trading 42.8% above its estimated GF Value™ of ¥1.73.
GuruFocus considers Hubeinxia New Building Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:600293:
Current Ratio: 0.87 (near median its 10-year median of 0.88)
GF Value™: ¥1.73 vs. price of ¥2.47 (42.8% above fair value)
Industry Position: 42.6% below the Building Materials median (#342 of 408)
No single metric tells the full story. See the SHSE:600293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hubeinxia New Building Materials Co Business Description
Hubei Sanxia New Building Materials Co Ltd is engaged in the glass industry in Hubei Province, China. The company produces float glass, deep-processing glass products, and new building materials.
52GF Score
Get the complete analysis for SHSE:600293
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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