Ningbo Zhongbai Co (SHSE:600857) Current Ratio: 15.95 (As of Mar. 2026) — 335% Above Median

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SHSE:600857 Ningbo Zhongbai Co Ltd SHSE:600857
53 GF Score
Price ¥16.82
GF Value ¥3.36
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ningbo Zhongbai Co Current Ratio?

Ningbo Zhongbai Co SHSE:600857 53 Current Ratio is 15.95 as of Mar. 2026, which is 335% above its 10-year median of 3.67. GuruFocus rates SHSE:600857 with a GF Score™ of 53/100 and a GF Value™ of ¥3.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,135 Retail - Cyclical companies, Ningbo Zhongbai Co ranks better than 97.71% 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. Ningbo Zhongbai Co's current ratio for the quarter that ended in Mar. 2026 was 15.95.

Ningbo Zhongbai Co has a current ratio of 15.95. 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 Ningbo Zhongbai Co's Current Ratio or its related term are showing as below:

SHSE:600857' s Current Ratio Range Over the Past 10 Years
Min: 2.49   Med: 3.67   Max: 15.95
Current: 15.95

During the past 13 years, Ningbo Zhongbai Co's highest Current Ratio was 15.95. The lowest was 2.49. And the median was 3.67.

SHSE:600857's Current Ratio is ranked better than
97.71% of 1135 companies
in the Retail - Cyclical industry
Industry Median: 1.57 vs SHSE:600857: 15.95

Ningbo Zhongbai Co  (SHSE:600857) 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.


Ningbo Zhongbai Co Current Ratio Related Terms


Ningbo Zhongbai Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Zhongbai Co's Current Ratio can be seen below:

* 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.

Ningbo Zhongbai Co Current Ratio Chart

Ningbo Zhongbai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.14 3.25 4.48 10.64 12.99

Ningbo Zhongbai Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.61 12.01 10.33 12.99 15.95

SHSE:600857 vs DDS: Current Ratio Comparison

For the Department Stores subindustry, Ningbo Zhongbai 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.


Ningbo Zhongbai Co Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ningbo Zhongbai Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Zhongbai Co's Current Ratio falls into.


SHSE:600857
53GF Score
Ningbo Zhongbai Co Ltd SHSE:600857
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Zhongbai Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Ningbo Zhongbai Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=516.986/39.814
=12.99

Ningbo Zhongbai Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=536.777/33.644
=15.95

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 15.95 mean?
Ningbo Zhongbai Co (SHSE:600857) has a Current Ratio of 15.95 as of Mar. 2026. This is 335% above median its historical median of 3.67. Over the past decade, Ningbo Zhongbai Co's Current Ratio has ranged from 2.49 to 15.95. According to the industry distribution chart, Ningbo Zhongbai Co ranks #26 out of 1135 companies in the Retail - Cyclical industry, placing it in the top 2.3%.
Is Ningbo Zhongbai Co's Current Ratio too high?
Ningbo Zhongbai Co's current Current Ratio of 15.95 is 335% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 15.95. The Retail - Cyclical industry median Current Ratio is 1.57. Ningbo Zhongbai Co's value of 15.95 is 915.9% above this industry median. Based on the distribution chart, Ningbo Zhongbai Co ranks #26 out of 1135 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Zhongbai Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Zhongbai Co's Current Ratio compare to DDS?
According to the Retail - Cyclical industry distribution chart, Ningbo Zhongbai Co ranks #26 out of 1135 companies for Current Ratio. This places Ningbo Zhongbai Co in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Ningbo Zhongbai Co's value of 15.95 is 915.9% above this benchmark. Historically, Ningbo Zhongbai Co's own Current Ratio has ranged from 2.49 to 15.95 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.57, Ningbo Zhongbai 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,135 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. Ningbo Zhongbai Co's current Current Ratio of 15.95 is 915.9% 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 Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Zhongbai Co's current Current Ratio is 15.95, which is 335% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Zhongbai Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Zhongbai Co (SHSE:600857) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.36, compared to a current price of ¥16.82 — trading 400.6% above its estimated fair value. The current Current Ratio is 15.95, which is 335% above median its 10-year median of 3.67 and 915.9% above the Retail - Cyclical industry median of 1.57. Ningbo Zhongbai Co's overall GF Score™ is 53/100 with 4 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 Ningbo Zhongbai Co (SHSE:600857), the current Current Ratio is 15.95 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 Ningbo Zhongbai Co (SHSE:600857) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Zhongbai Co stock appears to be overvalued. The current stock price of ¥16.82 is trading 400.6% above its estimated GF Value™ of ¥3.36. GuruFocus considers Ningbo Zhongbai Co to be Significantly Overvalued.

Key valuation signals for SHSE:600857:

  • Current Ratio: 15.95 (335% above median its 10-year median of 3.67)
  • GF Value™: ¥3.36 vs. price of ¥16.82 (400.6% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 915.9% above the Retail - Cyclical median (#26 of 1135)

No single metric tells the full story. See the SHSE:600857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Zhongbai Co Business Description

Address No. 77, Heyi Road, 21st Floor, Haishu District, Zhejiang Province, Ningbo, CHN, 315000
Ningbo Zhongbai Co Ltd is engaged in wholesale and retail of commercial department stores. The company's business scope includes gold, jewelry, needle textiles, clothing, cosmetics, luggage, shoes and hats, daily necessities, handicrafts, toys, culture, sporting goods and equipment, machinery and equipment, hardware, household appliances, electronic products, communication equipment, construction and decoration materials, furniture wholesale, and others.
53GF Score

Get the complete analysis for SHSE:600857

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥16.82
Price
¥3.36
GF Value