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Hainan Mining CoSHSE:601969 -1.32%82 Current Ratio is 1.17 as of Mar. 2026, which is 23% below its 10-year median of 1.51. GuruFocus rates SHSE:601969 with a GF Score™ of 82/100 and a GF Value™ of ¥8.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 634 Steel companies, Hainan Mining Co ranks worse than 73.5% 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. Hainan Mining Co's current ratio for the quarter that ended in Mar. 2026 was 1.17.
Hainan Mining Co has a current ratio of 1.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hainan Mining Co's Current Ratio or its related term are showing as below:
SHSE:601969'
s Current Ratio Range Over the Past 10 Years
Min: 1 Med: 1.51 Max: 2.21
Current: 1.17
During the past 13 years, Hainan Mining Co's highest Current Ratio was 2.21. The lowest was 1.00. And the median was 1.51.
SHSE:601969's Current Ratio is ranked worse than 73.5% of 634
companies
in the Steel industry
Industry Median: 1.63
vs SHSE:601969: 1.17
Hainan Mining Co (SHSE:601969) 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.
Hainan Mining Co Current Ratio Related Terms
Hainan Mining Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Hainan Mining 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.
SHSE:601969 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Hainan Mining 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.
Hainan Mining Co Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Hainan Mining Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hainan Mining 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.
Hainan Mining Co (SHSE:601969) has a Current Ratio of 1.17 as of Mar. 2026. This is 23% below median its historical median of 1.51. Over the past decade, Hainan Mining Co's Current Ratio has ranged from 1.00 to 2.21. According to the industry distribution chart, Hainan Mining Co ranks #466 out of 634 companies in the Steel industry, placing it in the top 73.5%.
Is Hainan Mining Co's Current Ratio too high?
Hainan Mining Co's current Current Ratio of 1.17 is 23% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.21. The Steel industry median Current Ratio is 1.63. Hainan Mining Co's value of 1.17 is 28.2% below this industry median. Based on the distribution chart, Hainan Mining Co ranks #466 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Hainan Mining Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #466 out of 634 companies for Current Ratio. This places Hainan Mining Co in the lower half of its industry. The industry median Current Ratio is 1.63. Hainan Mining Co's value of 1.17 is 28.2% below this benchmark. Historically, Hainan Mining Co's own Current Ratio has ranged from 1.00 to 2.21 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.63, Hainan Mining 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Hainan Mining Co's current Current Ratio of 1.17 is 28.2% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current Current Ratio is 1.17, which is 23% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.59, compared to a current price of ¥8.23 — trading 4.2% below its estimated fair value. The current Current Ratio is 1.17, which is 23% below median its 10-year median of 1.51 and 28.2% below the Steel industry median of 1.63. Hainan Mining Co's overall GF Score™ is 82/100 with 5 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 Hainan Mining Co (SHSE:601969), the current Current Ratio is 1.17 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 Hainan Mining Co (SHSE:601969) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Mining Co stock appears to be undervalued.
The current stock price of ¥8.23 is trading 4.2% below its estimated GF Value™ of ¥8.59.
GuruFocus considers Hainan Mining Co to be Fairly Valued.
Key valuation signals for SHSE:601969:
Current Ratio: 1.17 (23% below median its 10-year median of 1.51)
GF Value™: ¥8.59 vs. price of ¥8.23 (4.2% below fair value)
Industry Position: 28.2% below the Steel median (#466 of 634)
No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
82GF Score
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