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Heilongjiang Transport Development Co has a current ratio of 5.51. 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:601188's Current Ratio is ranked better than 94.95% of 1783
companies
in the Construction industry
Industry Median: 1.58
vs SHSE:601188: 5.51
Heilongjiang Transport Development Co (SHSE:601188) 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.
Heilongjiang Transport Development Co Current Ratio Related Terms
Heilongjiang Transport 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.
Heilongjiang Transport Development Co Current Ratio Chart
Heilongjiang Transport Development Co Current Ratio Competitor Comparison
For the Infrastructure Operations subindustry, Heilongjiang Transport 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.
Heilongjiang Transport Development Co Current Ratio vs Construction Industry
* 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.
Heilongjiang Transport Development Co (SHSE:601188) has a Current Ratio of 5.51 as of Mar. 2026. This is 15% above median its historical median of 4.80. Over the past decade, Heilongjiang Transport Development Co's Current Ratio has ranged from 1.57 to 7.91. According to the industry distribution chart, Heilongjiang Transport Development Co ranks #90 out of 1783 companies in the Construction industry, placing it in the top 5%.
Is Heilongjiang Transport Development Co's Current Ratio too high?
Heilongjiang Transport Development Co's current Current Ratio of 5.51 is 15% above median its 10-year median of 4.80. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 7.91. The Construction industry median Current Ratio is 1.58. Heilongjiang Transport Development Co's value of 5.51 is 248.7% above this industry median. Based on the distribution chart, Heilongjiang Transport Development Co ranks #90 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Heilongjiang Transport Development Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Transport Development Co's Current Ratio compare to competitors?
According to the Construction industry distribution chart, Heilongjiang Transport Development Co ranks #90 out of 1783 companies for Current Ratio. This places Heilongjiang Transport Development Co in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Heilongjiang Transport Development Co's value of 5.51 is 248.7% above this benchmark. Historically, Heilongjiang Transport Development Co's own Current Ratio has ranged from 1.57 to 7.91 over the past decade. While the company's 10-year median is 4.80 vs. the industry median of 1.58, Heilongjiang Transport 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,783 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. Heilongjiang Transport Development Co's current Current Ratio of 5.51 is 248.7% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Transport Development Co's current Current Ratio is 5.51, which is 15% above median its own 10-year median of 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Transport Development Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Transport Development Co (SHSE:601188) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥4.18, compared to a current price of ¥2.86 — trading 31.6% below its estimated fair value. The current Current Ratio is 5.51, which is 15% above median its 10-year median of 4.80 and 248.7% above the Construction industry median of 1.58. Heilongjiang Transport Development Co's overall GF Score™ is 65/100 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 Heilongjiang Transport Development Co (SHSE:601188), the current Current Ratio is 5.51 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 Heilongjiang Transport Development Co (SHSE:601188) Overvalued in 2026?
Based on GuruFocus' analysis, Heilongjiang Transport Development Co stock appears to be undervalued.
The current stock price of ¥2.86 is trading 31.6% below its estimated GF Value™ of ¥4.18.
GuruFocus considers Heilongjiang Transport Development Co to be Significantly Undervalued.
Key valuation signals for SHSE:601188:
Current Ratio: 5.51 (15% above median its 10-year median of 4.80)
GF Value™: ¥4.18 vs. price of ¥2.86 (31.6% below fair value)
Industry Position: 248.7% above the Construction median (#90 of 1783)
No single metric tells the full story. See the SHSE:601188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heilongjiang Transport Development Co Business Description
Heilongjiang Transport Development Co Ltd is a China-based company engaged in the investment, development, construction, operation, and management of expressway. It is also a large enterprise under the provincial management which combines the real estate industry, the physical distribution, and transportation industry, the advertising industry and the import-export industry together.
65GF Score
Get the complete analysis for SHSE:601188
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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