Bright Real Estate Group CoSHSE:600708 -1.54%48 Current Ratio is 3.42 as of Mar. 2026, which is 73% above its 10-year median of 1.98. GuruFocus rates SHSE:600708 with a GF Score™ of 48/100 and a GF Value™ of ¥2.43 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,790 Real Estate companies, Bright Real Estate Group Co ranks better than 79.33% 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. Bright Real Estate Group Co's current ratio for the quarter that ended in Mar. 2026 was 3.42.
Bright Real Estate Group Co has a current ratio of 3.42. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Bright Real Estate Group Co's Current Ratio or its related term are showing as below:
SHSE:600708'
s Current Ratio Range Over the Past 10 Years
Min: 1.44 Med: 1.98 Max: 3.42
Current: 3.42
During the past 13 years, Bright Real Estate Group Co's highest Current Ratio was 3.42. The lowest was 1.44. And the median was 1.98.
SHSE:600708's Current Ratio is ranked better than 79.33% of 1790
companies
in the Real Estate industry
Industry Median: 1.7
vs SHSE:600708: 3.42
Bright Real Estate Group Co (SHSE:600708) 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.
Bright Real Estate Group Co Current Ratio Related Terms
Bright Real Estate Group 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.
Bright Real Estate Group Co Current Ratio Competitor Comparison
For the Real Estate - Development subindustry, Bright Real Estate Group 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.
Bright Real Estate Group Co Current Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bright Real Estate Group Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bright Real Estate Group 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.
Bright Real Estate Group Co (SHSE:600708) has a Current Ratio of 3.42 as of Mar. 2026. This is 73% above median its historical median of 1.98. Over the past decade, Bright Real Estate Group Co's Current Ratio has ranged from 1.44 to 3.42. According to the industry distribution chart, Bright Real Estate Group Co ranks #370 out of 1790 companies in the Real Estate industry, placing it in the top 20.7%.
Is Bright Real Estate Group Co's Current Ratio too high?
Bright Real Estate Group Co's current Current Ratio of 3.42 is 73% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 3.42. The Real Estate industry median Current Ratio is 1.70. Bright Real Estate Group Co's value of 3.42 is 101.2% above this industry median. Based on the distribution chart, Bright Real Estate Group Co ranks #370 out of 1790 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Real Estate Group Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Real Estate Group Co's Current Ratio compare to competitors?
According to the Real Estate industry distribution chart, Bright Real Estate Group Co ranks #370 out of 1790 companies for Current Ratio. This places Bright Real Estate Group Co in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.70. Bright Real Estate Group Co's value of 3.42 is 101.2% above this benchmark. Historically, Bright Real Estate Group Co's own Current Ratio has ranged from 1.44 to 3.42 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.70, Bright Real Estate Group 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,790 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. Bright Real Estate Group Co's current Current Ratio of 3.42 is 101.2% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Real Estate Group Co's current Current Ratio is 3.42, which is 73% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Real Estate Group Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Real Estate Group Co (SHSE:600708) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.43, compared to a current price of ¥3.20 — trading 31.7% above its estimated fair value. The current Current Ratio is 3.42, which is 73% above median its 10-year median of 1.98 and 101.2% above the Real Estate industry median of 1.70. Bright Real Estate Group Co's overall GF Score™ is 48/100 with 7 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 Bright Real Estate Group Co (SHSE:600708), the current Current Ratio is 3.42 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 Bright Real Estate Group Co (SHSE:600708) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Real Estate Group Co stock appears to be overvalued.
The current stock price of ¥3.20 is trading 31.7% above its estimated GF Value™ of ¥2.43.
GuruFocus considers Bright Real Estate Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600708:
Current Ratio: 3.42 (73% above median its 10-year median of 1.98)
GF Value™: ¥2.43 vs. price of ¥3.20 (31.7% above fair value)
Industry Position: 101.2% above the Real Estate median (#370 of 1790)
No single metric tells the full story. See the SHSE:600708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bright Real Estate Group Co Ltd is engaged in the development of various types of residential, and commercial office areas. Further it is also involved in the logistic industry chain.
48GF Score
Get the complete analysis for SHSE:600708
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