Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Hengtong Optic-Electric Co's current ratio for the quarter that ended in Mar. 2026 was 1.60.
Hengtong Optic-Electric Co has a current ratio of 1.60. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hengtong Optic-Electric Co's Current Ratio or its related term are showing as below:
SHSE:600487'
s Current Ratio Range Over the Past 10 Years
Min: 1.14 Med: 1.48 Max: 1.62
Current: 1.6
During the past 13 years, Hengtong Optic-Electric Co's highest Current Ratio was 1.62. The lowest was 1.14. And the median was 1.48.
SHSE:600487's Current Ratio is ranked worse than 64.72% of 2497
companies
in the Hardware industry
Industry Median: 1.96
vs SHSE:600487: 1.60
Hengtong Optic-Electric Co (SHSE:600487) 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.
Hengtong Optic-Electric Co Current Ratio Related Terms
Hengtong Optic-Electric 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:600487 vs CSCO, CIEN, MSI: Current Ratio Comparison
For the Communication Equipment subindustry, Hengtong Optic-Electric 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.
Hengtong Optic-Electric Co Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Hengtong Optic-Electric Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hengtong Optic-Electric 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.
Hengtong Optic-Electric Co (SHSE:600487) has a Current Ratio of 1.60 as of Mar. 2026. This is near median its historical median of 1.48. Over the past decade, Hengtong Optic-Electric Co's Current Ratio has ranged from 1.14 to 1.62. According to the industry distribution chart, Hengtong Optic-Electric Co ranks #1616 out of 2497 companies in the Hardware industry, placing it in the top 64.7%.
Is Hengtong Optic-Electric Co's Current Ratio too high?
Hengtong Optic-Electric Co's current Current Ratio of 1.60 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 1.62. The Hardware industry median Current Ratio is 1.96. Hengtong Optic-Electric Co's value of 1.60 is 18.4% below this industry median. Based on the distribution chart, Hengtong Optic-Electric Co ranks #1616 out of 2497 companies in the Hardware industry, which is below the industry midpoint. Overall, Hengtong Optic-Electric Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengtong Optic-Electric Co's Current Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Hengtong Optic-Electric Co ranks #1616 out of 2497 companies for Current Ratio. This places Hengtong Optic-Electric Co in the lower half of its industry. The industry median Current Ratio is 1.96. Hengtong Optic-Electric Co's value of 1.60 is 18.4% below this benchmark. Historically, Hengtong Optic-Electric Co's own Current Ratio has ranged from 1.14 to 1.62 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.96, Hengtong Optic-Electric 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,497 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. Hengtong Optic-Electric Co's current Current Ratio of 1.60 is 18.4% 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 Hardware 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. Hengtong Optic-Electric Co's current Current Ratio is 1.60, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengtong Optic-Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Hengtong Optic-Electric Co (SHSE:600487) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.43, compared to a current price of ¥52.43 — trading 133.7% above its estimated fair value. The current Current Ratio is 1.60, which is near median its 10-year median of 1.48 and 18.4% below the Hardware industry median of 1.96. Hengtong Optic-Electric Co's overall GF Score™ is 71/100 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 Hengtong Optic-Electric Co (SHSE:600487), the current Current Ratio is 1.60 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 Hengtong Optic-Electric Co (SHSE:600487) Overvalued in 2026?
Based on GuruFocus' analysis, Hengtong Optic-Electric Co stock appears to be overvalued.
The current stock price of ¥52.43 is trading 133.7% above its estimated GF Value™ of ¥22.43.
GuruFocus considers Hengtong Optic-Electric Co to be Significantly Overvalued.
Key valuation signals for SHSE:600487:
Current Ratio: 1.60 (near median its 10-year median of 1.48)
GF Value™: ¥22.43 vs. price of ¥52.43 (133.7% above fair value)
Industry Position: 18.4% below the Hardware median (#1616 of 2497)
No single metric tells the full story. See the SHSE:600487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hengtong Optic-Electric Co Ltd provides fiber optic communication products in China and internationally. It offers optical rods, optical fiber, optical cable, optical devices, an optical network, ocean optical network products, data communication products, power transmission products, ocean engineering, quantum security communications, rail transit, and smart city products.
71GF Score
Get the complete analysis for SHSE:600487
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600487 has been successfully added to your 
