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Qinghai Jinrui Mineral Development Co has a current ratio of 13.28. 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.
SHSE:600714's Current Ratio is ranked better than 83.12% of 2636
companies
in the Metals & Mining industry
Industry Median: 2.64
vs SHSE:600714: 13.28
Qinghai Jinrui Mineral Development Co (SHSE:600714) 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.
Qinghai Jinrui Mineral Development Co Current Ratio Related Terms
Qinghai Jinrui Mineral Development 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.
Qinghai Jinrui Mineral Development Co Current Ratio Chart
Qinghai Jinrui Mineral Development Co Current Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Qinghai Jinrui Mineral Development 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.
Qinghai Jinrui Mineral Development Co Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Qinghai Jinrui Mineral Development Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Qinghai Jinrui Mineral Development 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.
Qinghai Jinrui Mineral Development Co (SHSE:600714) has a Current Ratio of 13.28 as of Mar. 2026. This is 29% above median its historical median of 10.31. Over the past decade, Qinghai Jinrui Mineral Development Co's Current Ratio has ranged from 0.42 to 14.93. According to the industry distribution chart, Qinghai Jinrui Mineral Development Co ranks #445 out of 2636 companies in the Metals & Mining industry, placing it in the top 16.9%.
Is Qinghai Jinrui Mineral Development Co's Current Ratio too high?
Qinghai Jinrui Mineral Development Co's current Current Ratio of 13.28 is 29% above median its 10-year median of 10.31. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 14.93. The Metals & Mining industry median Current Ratio is 2.64. Qinghai Jinrui Mineral Development Co's value of 13.28 is 403% above this industry median. Based on the distribution chart, Qinghai Jinrui Mineral Development Co ranks #445 out of 2636 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Qinghai Jinrui Mineral Development Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qinghai Jinrui Mineral Development Co's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Qinghai Jinrui Mineral Development Co ranks #445 out of 2636 companies for Current Ratio. This places Qinghai Jinrui Mineral Development Co in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.64. Qinghai Jinrui Mineral Development Co's value of 13.28 is 403% above this benchmark. Historically, Qinghai Jinrui Mineral Development Co's own Current Ratio has ranged from 0.42 to 14.93 over the past decade. While the company's 10-year median is 10.31 vs. the industry median of 2.64, Qinghai Jinrui Mineral Development 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 2.64, based on 2,636 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. Qinghai Jinrui Mineral Development Co's current Current Ratio of 13.28 is 403% 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 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qinghai Jinrui Mineral Development Co's current Current Ratio is 13.28, which is 29% above median its own 10-year median of 10.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qinghai Jinrui Mineral Development Co stock overvalued right now?
Based on GuruFocus' analysis, Qinghai Jinrui Mineral Development Co (SHSE:600714) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.56, compared to a current price of ¥13.13 — trading 37.3% above its estimated fair value. The current Current Ratio is 13.28, which is 29% above median its 10-year median of 10.31 and 403% above the Metals & Mining industry median of 2.64. Qinghai Jinrui Mineral Development Co's overall GF Score™ is 58/100 with 3 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 Qinghai Jinrui Mineral Development Co (SHSE:600714), the current Current Ratio is 13.28 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 Qinghai Jinrui Mineral Development Co (SHSE:600714) Overvalued in 2026?
Based on GuruFocus' analysis, Qinghai Jinrui Mineral Development Co stock appears to be overvalued.
The current stock price of ¥13.13 is trading 37.3% above its estimated GF Value™ of ¥9.56.
GuruFocus considers Qinghai Jinrui Mineral Development Co to be Significantly Overvalued.
Key valuation signals for SHSE:600714:
Current Ratio: 13.28 (29% above median its 10-year median of 10.31)
GF Value™: ¥9.56 vs. price of ¥13.13 (37.3% above fair value)
Industry Position: 403% above the Metals & Mining median (#445 of 2636)
No single metric tells the full story. See the SHSE:600714 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qinghai Jinrui Mineral Development Co Business Description
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