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Shanghai Zhenhua Heavy Industries Co has a current ratio of 0.89. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Shanghai Zhenhua Heavy Industries Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
SHSE:600320's Current Ratio is ranked worse than 92.78% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs SHSE:600320: 0.89
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) 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.
Shanghai Zhenhua Heavy Industries Co Current Ratio Related Terms
Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co Current Ratio Chart
SHSE:600320 vs GEV, ETN, PH: Current Ratio Comparison
For the Specialty Industrial Machinery subindustry, Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Zhenhua Heavy Industries Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Zhenhua Heavy Industries 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.
Shanghai Zhenhua Heavy Industries Co (SHSE:600320) has a Current Ratio of 0.89 as of Mar. 2026. This is near median its historical median of 0.95. Over the past decade, Shanghai Zhenhua Heavy Industries Co's Current Ratio has ranged from 0.76 to 1.25. According to the industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2851 out of 3073 companies in the Industrial Products industry, placing it in the top 92.8%.
Is Shanghai Zhenhua Heavy Industries Co's Current Ratio too high?
Shanghai Zhenhua Heavy Industries Co's current Current Ratio of 0.89 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.25. The Industrial Products industry median Current Ratio is 1.96. Shanghai Zhenhua Heavy Industries Co's value of 0.89 is 54.6% below this industry median. Based on the distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2851 out of 3073 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shanghai Zhenhua Heavy Industries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Zhenhua Heavy Industries Co's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanghai Zhenhua Heavy Industries Co ranks #2851 out of 3073 companies for Current Ratio. This places Shanghai Zhenhua Heavy Industries Co in the lower half of its industry. The industry median Current Ratio is 1.96. Shanghai Zhenhua Heavy Industries Co's value of 0.89 is 54.6% below this benchmark. Historically, Shanghai Zhenhua Heavy Industries Co's own Current Ratio has ranged from 0.76 to 1.25 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.96, Shanghai Zhenhua Heavy Industries 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 3,073 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. Shanghai Zhenhua Heavy Industries Co's current Current Ratio of 0.89 is 54.6% 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 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. Shanghai Zhenhua Heavy Industries Co's current Current Ratio is 0.89, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Zhenhua Heavy Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co (SHSE:600320) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.61, compared to a current price of ¥4.14 — trading 10.2% below its estimated fair value. The current Current Ratio is 0.89, which is near median its 10-year median of 0.95 and 54.6% below the Industrial Products industry median of 1.96. Shanghai Zhenhua Heavy Industries Co's overall GF Score™ is 78/100 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320), the current Current Ratio is 0.89 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 Shanghai Zhenhua Heavy Industries Co (SHSE:600320) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Zhenhua Heavy Industries Co stock appears to be undervalued.
The current stock price of ¥4.14 is trading 10.2% below its estimated GF Value™ of ¥4.61.
GuruFocus considers Shanghai Zhenhua Heavy Industries Co to be Modestly Undervalued.
Key valuation signals for SHSE:600320:
Current Ratio: 0.89 (near median its 10-year median of 0.95)
GF Value™: ¥4.61 vs. price of ¥4.14 (10.2% below fair value)
Industry Position: 54.6% below the Industrial Products median (#2851 of 3073)
No single metric tells the full story. See the SHSE:600320 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Zhenhua Heavy Industries Co Business Description
Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.
78GF Score
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