Ningxia Baofeng Energy Group Co has a current ratio of 0.52. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Ningxia Baofeng Energy Group Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Ningxia Baofeng Energy Group Co's Current Ratio or its related term are showing as below:
SHSE:600989'
s Current Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.47 Max: 1.35
Current: 0.52
During the past 13 years, Ningxia Baofeng Energy Group Co's highest Current Ratio was 1.35. The lowest was 0.23. And the median was 0.47.
SHSE:600989's Current Ratio is ranked worse than 95.76% of 1604
companies
in the Chemicals industry
Industry Median: 1.89
vs SHSE:600989: 0.52
Ningxia Baofeng Energy Group Co (SHSE:600989) 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.
Ningxia Baofeng Energy Group Co Current Ratio Related Terms
Ningxia Baofeng Energy 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.
Ningxia Baofeng Energy Group Co Current Ratio Chart
For the Chemicals subindustry, Ningxia Baofeng Energy 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.
Ningxia Baofeng Energy Group Co Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningxia Baofeng Energy Group Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ningxia Baofeng Energy 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.
Ningxia Baofeng Energy Group Co (SHSE:600989) has a Current Ratio of 0.52 as of Mar. 2026. This is 11% above median its historical median of 0.47. Over the past decade, Ningxia Baofeng Energy Group Co's Current Ratio has ranged from 0.23 to 1.35. According to the industry distribution chart, Ningxia Baofeng Energy Group Co ranks #1536 out of 1604 companies in the Chemicals industry, placing it in the top 95.8%.
Is Ningxia Baofeng Energy Group Co's Current Ratio too high?
Ningxia Baofeng Energy Group Co's current Current Ratio of 0.52 is 11% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.35. The Chemicals industry median Current Ratio is 1.89. Ningxia Baofeng Energy Group Co's value of 0.52 is 72.5% below this industry median. Based on the distribution chart, Ningxia Baofeng Energy Group Co ranks #1536 out of 1604 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningxia Baofeng Energy Group Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningxia Baofeng Energy Group Co's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Ningxia Baofeng Energy Group Co ranks #1536 out of 1604 companies for Current Ratio. This places Ningxia Baofeng Energy Group Co in the lower half of its industry. The industry median Current Ratio is 1.89. Ningxia Baofeng Energy Group Co's value of 0.52 is 72.5% below this benchmark. Historically, Ningxia Baofeng Energy Group Co's own Current Ratio has ranged from 0.23 to 1.35 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.89, Ningxia Baofeng Energy 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 a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,604 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. Ningxia Baofeng Energy Group Co's current Current Ratio of 0.52 is 72.5% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningxia Baofeng Energy Group Co's current Current Ratio is 0.52, which is 11% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningxia Baofeng Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co (SHSE:600989) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥26.80, compared to a current price of ¥21.13 — trading 21.2% below its estimated fair value. The current Current Ratio is 0.52, which is 11% above median its 10-year median of 0.47 and 72.5% below the Chemicals industry median of 1.89. Ningxia Baofeng Energy Group Co's overall GF Score™ is 94/100 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 Ningxia Baofeng Energy Group Co (SHSE:600989), the current Current Ratio is 0.52 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 Ningxia Baofeng Energy Group Co (SHSE:600989) Overvalued in 2026?
Based on GuruFocus' analysis, Ningxia Baofeng Energy Group Co stock appears to be undervalued.
The current stock price of ¥21.13 is trading 21.2% below its estimated GF Value™ of ¥26.80.
GuruFocus considers Ningxia Baofeng Energy Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600989:
Current Ratio: 0.52 (11% above median its 10-year median of 0.47)
GF Value™: ¥26.80 vs. price of ¥21.13 (21.2% below fair value)
Industry Position: 72.5% below the Chemicals median (#1536 of 1604)
No single metric tells the full story. See the SHSE:600989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningxia Baofeng Energy Group Co Business Description
Ningxia Baofeng Energy Group Co Ltd is engaged in the production and sales of modern coal chemical products. The company operates through four segments. The Coking Products segment covers coal mining, washing, and coking activities. The Fine Chemical Products segment focuses on coal tar, crude benzene, and C4 deep-processed products. The Olefin Products segment is involved in the production of methanol and olefins. The Headquarters and Other Product segment manages investment, financing, and support services, alongside the activities of its commercial service companies. It generates the majority of its revenue from the Olefin Products segment.
94GF Score
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