SHSE:600905's Current Ratio is ranked worse than 66.74% of 445
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.36
vs SHSE:600905: 1.02
China Three Gorges Renewables (Group) Co (SHSE:600905) 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.
China Three Gorges Renewables (Group) Co Current Ratio Related Terms
China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co Current Ratio Chart
China Three Gorges Renewables (Group) Co Annual Data
China Three Gorges Renewables (Group) Co Current Ratio Competitor Comparison
For the Utilities - Renewable subindustry, China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co Current Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where China Three Gorges Renewables (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.
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Current Ratio of 1.02 as of Mar. 2026. This is near median its historical median of 1.06. Over the past decade, China Three Gorges Renewables (Group) Co's Current Ratio has ranged from 0.69 to 1.68. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #297 out of 445 companies in the Utilities - Independent Power Producers industry, placing it in the top 66.7%.
Is China Three Gorges Renewables (Group) Co's Current Ratio too high?
China Three Gorges Renewables (Group) Co's current Current Ratio of 1.02 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.68. The Utilities - Independent Power Producers industry median Current Ratio is 1.36. China Three Gorges Renewables (Group) Co's value of 1.02 is 25% below this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #297 out of 445 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Current Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #297 out of 445 companies for Current Ratio. This places China Three Gorges Renewables (Group) Co in the lower half of its industry. The industry median Current Ratio is 1.36. China Three Gorges Renewables (Group) Co's value of 1.02 is 25% below this benchmark. Historically, China Three Gorges Renewables (Group) Co's own Current Ratio has ranged from 0.69 to 1.68 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.36, China Three Gorges Renewables (Group) 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 Utilities - Independent Power Producers company?
The median Current Ratio among Utilities - Independent Power Producers companies is 1.36, based on 445 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. China Three Gorges Renewables (Group) Co's current Current Ratio of 1.02 is 25% 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 Utilities - Independent Power Producers industry, the median Current Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current Current Ratio is 1.02, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.43, compared to a current price of ¥3.80 — trading 14.2% below its estimated fair value. The current Current Ratio is 1.02, which is near median its 10-year median of 1.06 and 25% below the Utilities - Independent Power Producers industry median of 1.36. China Three Gorges Renewables (Group) Co's overall GF Score™ is 83/100 with 9 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 China Three Gorges Renewables (Group) Co (SHSE:600905), the current Current Ratio is 1.02 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued.
The current stock price of ¥3.80 is trading 14.2% below its estimated GF Value™ of ¥4.43.
GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600905:
Current Ratio: 1.02 (near median its 10-year median of 1.06)
GF Value™: ¥4.43 vs. price of ¥3.80 (14.2% below fair value)
Industry Position: 25% below the Utilities - Independent Power Producers median (#297 of 445)
No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Three Gorges Renewables (Group) Co Business Description
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
83GF Score
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