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SHSE:603060's Current Ratio is ranked worse than 57.88% of 1092
companies
in the Business Services industry
Industry Median: 1.83
vs SHSE:603060: 1.57
China Testing & Certification International Group Co (SHSE:603060) 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 Testing & Certification International Group Co Current Ratio Related Terms
China Testing & Certification International 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 Testing & Certification International Group Co Current Ratio Chart
China Testing & Certification International Group Co Annual Data
* 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 Testing & Certification International Group Co Current Ratio vs Business Services 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.
China Testing & Certification International Group Co (SHSE:603060) has a Current Ratio of 1.57 as of Mar. 2026. This is near median its historical median of 1.59. Over the past decade, China Testing & Certification International Group Co's Current Ratio has ranged from 0.99 to 4.48. According to the industry distribution chart, China Testing & Certification International Group Co ranks #632 out of 1092 companies in the Business Services industry, placing it in the top 57.9%.
Is China Testing & Certification International Group Co's Current Ratio too high?
China Testing & Certification International Group Co's current Current Ratio of 1.57 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 4.48. The Business Services industry median Current Ratio is 1.83. China Testing & Certification International Group Co's value of 1.57 is 14.2% below this industry median. Based on the distribution chart, China Testing & Certification International Group Co ranks #632 out of 1092 companies in the Business Services industry, which is below the industry midpoint. Overall, China Testing & Certification International Group Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Testing & Certification International Group Co's Current Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, China Testing & Certification International Group Co ranks #632 out of 1092 companies for Current Ratio. This places China Testing & Certification International Group Co in the lower half of its industry. The industry median Current Ratio is 1.83. China Testing & Certification International Group Co's value of 1.57 is 14.2% below this benchmark. Historically, China Testing & Certification International Group Co's own Current Ratio has ranged from 0.99 to 4.48 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.83, China Testing & Certification International 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 Business Services company?
The median Current Ratio among Business Services companies is 1.83, based on 1,092 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 Testing & Certification International Group Co's current Current Ratio of 1.57 is 14.2% 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 Business Services industry, the median Current Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Testing & Certification International Group Co's current Current Ratio is 1.57, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Testing & Certification International Group Co stock overvalued right now?
Based on GuruFocus' analysis, China Testing & Certification International Group Co (SHSE:603060) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.85, compared to a current price of ¥5.31 — trading 22.5% below its estimated fair value. The current Current Ratio is 1.57, which is near median its 10-year median of 1.59 and 14.2% below the Business Services industry median of 1.83. China Testing & Certification International Group Co's overall GF Score™ is 90/100 with 8 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 Testing & Certification International Group Co (SHSE:603060), the current Current Ratio is 1.57 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 Testing & Certification International Group Co (SHSE:603060) Overvalued in 2026?
Based on GuruFocus' analysis, China Testing & Certification International Group Co stock appears to be undervalued.
The current stock price of ¥5.31 is trading 22.5% below its estimated GF Value™ of ¥6.85.
GuruFocus considers China Testing & Certification International Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603060:
Current Ratio: 1.57 (near median its 10-year median of 1.59)
GF Value™: ¥6.85 vs. price of ¥5.31 (22.5% below fair value)
Industry Position: 14.2% below the Business Services median (#632 of 1092)
No single metric tells the full story. See the SHSE:603060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Testing & Certification International Group Co Business Description
China Testing & Certification International Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.
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