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Yong Jie New Material CoSHSE:603271 +2.10%36 Current Ratio is 1.95 as of Mar. 2026, which is 37% above its 10-year median of 1.42. GuruFocus rates SHSE:603271 with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 2,635 Metals & Mining companies, Yong Jie New Material Co ranks worse than 57.8% 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. Yong Jie New Material Co's current ratio for the quarter that ended in Mar. 2026 was 1.95.
Yong Jie New Material Co has a current ratio of 1.95. It generally indicates good short-term financial strength.
The historical rank and industry rank for Yong Jie New Material Co's Current Ratio or its related term are showing as below:
SHSE:603271'
s Current Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.42 Max: 2.04
Current: 1.95
During the past 7 years, Yong Jie New Material Co's highest Current Ratio was 2.04. The lowest was 0.63. And the median was 1.42.
SHSE:603271's Current Ratio is ranked worse than 57.8% of 2635
companies
in the Metals & Mining industry
Industry Median: 2.64
vs SHSE:603271: 1.95
Yong Jie New Material Co (SHSE:603271) 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.
Yong Jie New Material Co Current Ratio Related Terms
Yong Jie New Material 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.
For the Aluminum subindustry, Yong Jie New Material 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.
Yong Jie New Material Co Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Yong Jie New Material Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Yong Jie New Material 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.
Yong Jie New Material Co (SHSE:603271) has a Current Ratio of 1.95 as of Mar. 2026. This is 37% above median its historical median of 1.42. Over the past decade, Yong Jie New Material Co's Current Ratio has ranged from 0.63 to 2.04. According to the industry distribution chart, Yong Jie New Material Co ranks #1523 out of 2635 companies in the Metals & Mining industry, placing it in the top 57.8%.
Is Yong Jie New Material Co's Current Ratio too high?
Yong Jie New Material Co's current Current Ratio of 1.95 is 37% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.04. The Metals & Mining industry median Current Ratio is 2.64. Yong Jie New Material Co's value of 1.95 is 26.1% below this industry median. Based on the distribution chart, Yong Jie New Material Co ranks #1523 out of 2635 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Yong Jie New Material Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Yong Jie New Material Co's Current Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Yong Jie New Material Co ranks #1523 out of 2635 companies for Current Ratio. This places Yong Jie New Material Co in the lower half of its industry. The industry median Current Ratio is 2.64. Yong Jie New Material Co's value of 1.95 is 26.1% below this benchmark. Historically, Yong Jie New Material Co's own Current Ratio has ranged from 0.63 to 2.04 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 2.64, Yong Jie New Material 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,635 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. Yong Jie New Material Co's current Current Ratio of 1.95 is 26.1% 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 Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Jie New Material Co's current Current Ratio is 1.95, which is 37% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Jie New Material Co stock overvalued right now?
Yong Jie New Material Co (SHSE:603271) has a current Current Ratio of 1.95. The current Current Ratio is 1.95, which is 37% above median its 10-year median of 1.42 and 26.1% below the Metals & Mining industry median of 2.64. Yong Jie New Material Co's overall GF Score™ is 36/100 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 Yong Jie New Material Co (SHSE:603271), the current Current Ratio is 1.95 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.
Yong Jie New Material Co Ltd is engaged in research and development, production and sales of aluminum sheets, strips and foils. It also has hot continuous rolling and casting rolling full process chain production lines, the products are mainly used in lithium batteries, vehicle lightweight, electronic appliances and new building materials and other fields, the production of lithium ion power battery structural components for aluminum alloy plate belt products were identified as the national manufacturing single champion products, lithium ion power battery aluminum foil and other three products obtained the Zhejiang manufacturing product label certification.
36GF Score
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