Hangzhou Heatwell Electric Heating Technology Co (SHSE:603075) Current Ratio: 2.45 (As of Mar. 2026) — 20% Above Median

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SHSE:603075 Hangzhou Heatwell Electric Heating Technology Co Ltd SHSE:603075
65 GF Score
Price ¥18.28
GF Value ¥23.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hangzhou Heatwell Electric Heating Technology Co Current Ratio?

Hangzhou Heatwell Electric Heating Technology Co SHSE:603075 +1.39% 65 Current Ratio is 2.45 as of Mar. 2026, which is 20% above its 10-year median of 2.04. GuruFocus rates SHSE:603075 with a GF Score™ of 65/100 and a GF Value™ of ¥23.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,078 Industrial Products companies, Hangzhou Heatwell Electric Heating Technology Co ranks better than 64.52% 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. Hangzhou Heatwell Electric Heating Technology Co's current ratio for the quarter that ended in Mar. 2026 was 2.45.

Hangzhou Heatwell Electric Heating Technology Co has a current ratio of 2.45. It generally indicates good short-term financial strength.

The historical rank and industry rank for Hangzhou Heatwell Electric Heating Technology Co's Current Ratio or its related term are showing as below:

SHSE:603075' s Current Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.04   Max: 2.45
Current: 2.45

During the past 7 years, Hangzhou Heatwell Electric Heating Technology Co's highest Current Ratio was 2.45. The lowest was 1.02. And the median was 2.04.

SHSE:603075's Current Ratio is ranked better than
64.52% of 3078 companies
in the Industrial Products industry
Industry Median: 1.96 vs SHSE:603075: 2.45

Hangzhou Heatwell Electric Heating Technology Co  (SHSE:603075) 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.


Hangzhou Heatwell Electric Heating Technology Co Current Ratio Related Terms


Hangzhou Heatwell Electric Heating Technology Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Hangzhou Heatwell Electric Heating Technology 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.

Hangzhou Heatwell Electric Heating Technology Co Current Ratio Chart

Hangzhou Heatwell Electric Heating Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 1.02 1.16 2.19 2.17 2.27

Hangzhou Heatwell Electric Heating Technology Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.27 2.04 2.10 2.27 2.45

SHSE:603075 vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Hangzhou Heatwell Electric Heating Technology 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.


Hangzhou Heatwell Electric Heating Technology Co Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Heatwell Electric Heating Technology Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Hangzhou Heatwell Electric Heating Technology Co's Current Ratio falls into.


SHSE:603075
65GF Score
Hangzhou Heatwell Electric Heating Technology Co Ltd SHSE:603075
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Heatwell Electric Heating Technology Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Hangzhou Heatwell Electric Heating Technology Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1910.458/842.012
=2.27

Hangzhou Heatwell Electric Heating Technology Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1942.834/792.225
=2.45

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.45 mean?
Hangzhou Heatwell Electric Heating Technology Co (SHSE:603075) has a Current Ratio of 2.45 as of Mar. 2026. This is 20% above median its historical median of 2.04. Over the past decade, Hangzhou Heatwell Electric Heating Technology Co's Current Ratio has ranged from 1.02 to 2.45. According to the industry distribution chart, Hangzhou Heatwell Electric Heating Technology Co ranks #1092 out of 3078 companies in the Industrial Products industry, placing it in the top 35.5%.
Is Hangzhou Heatwell Electric Heating Technology Co's Current Ratio too high?
Hangzhou Heatwell Electric Heating Technology Co's current Current Ratio of 2.45 is 20% above median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.45. The Industrial Products industry median Current Ratio is 1.96. Hangzhou Heatwell Electric Heating Technology Co's value of 2.45 is 25% above this industry median. Based on the distribution chart, Hangzhou Heatwell Electric Heating Technology Co ranks #1092 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Hangzhou Heatwell Electric Heating Technology Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Heatwell Electric Heating Technology Co's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Hangzhou Heatwell Electric Heating Technology Co ranks #1092 out of 3078 companies for Current Ratio. This puts Hangzhou Heatwell Electric Heating Technology Co in the upper half of its industry. The industry median Current Ratio is 1.96. Hangzhou Heatwell Electric Heating Technology Co's value of 2.45 is 25% above this benchmark. Historically, Hangzhou Heatwell Electric Heating Technology Co's own Current Ratio has ranged from 1.02 to 2.45 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.96, Hangzhou Heatwell Electric Heating Technology 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,078 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. Hangzhou Heatwell Electric Heating Technology Co's current Current Ratio of 2.45 is 25% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Heatwell Electric Heating Technology Co's current Current Ratio is 2.45, which is 20% above median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Heatwell Electric Heating Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Heatwell Electric Heating Technology Co (SHSE:603075) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.97, compared to a current price of ¥18.28 — trading 23.7% below its estimated fair value. The current Current Ratio is 2.45, which is 20% above median its 10-year median of 2.04 and 25% above the Industrial Products industry median of 1.96. Hangzhou Heatwell Electric Heating Technology Co's overall GF Score™ is 65/100 with 2 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 Hangzhou Heatwell Electric Heating Technology Co (SHSE:603075), the current Current Ratio is 2.45 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 Hangzhou Heatwell Electric Heating Technology Co (SHSE:603075) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Heatwell Electric Heating Technology Co stock appears to be undervalued. The current stock price of ¥18.28 is trading 23.7% below its estimated GF Value™ of ¥23.97. GuruFocus considers Hangzhou Heatwell Electric Heating Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603075:

  • Current Ratio: 2.45 (20% above median its 10-year median of 2.04)
  • GF Value™: ¥23.97 vs. price of ¥18.28 (23.7% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 25% above the Industrial Products median (#1092 of 3078)

No single metric tells the full story. See the SHSE:603075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Heatwell Electric Heating Technology Co Business Description

Address No. 576 Jianye Road, Changhe Street, Binjiang, Zhejiang, Hangzhou, CHN, 310052
Hangzhou Heatwell Electric Heating Technology Co Ltd is engaged in Research and development, production and sales of heating elements and components.
65GF Score

Get the complete analysis for SHSE:603075

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥18.28
Price
¥23.97
GF Value