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Hubei Jianghan New Materials Co has a current ratio of 10.26. 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.
The historical rank and industry rank for Hubei Jianghan New Materials Co's Current Ratio or its related term are showing as below:
SHSE:603281'
s Current Ratio Range Over the Past 10 Years
Min: 2.06 Med: 10.64 Max: 16.5
Current: 10.26
During the past 8 years, Hubei Jianghan New Materials Co's highest Current Ratio was 16.50. The lowest was 2.06. And the median was 10.64.
SHSE:603281's Current Ratio is ranked better than 96.01% of 1605
companies
in the Chemicals industry
Industry Median: 1.89
vs SHSE:603281: 10.26
Hubei Jianghan New Materials Co (SHSE:603281) 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.
Hubei Jianghan New Materials Co Current Ratio Related Terms
Hubei Jianghan New Materials 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.
Hubei Jianghan New Materials Co Current Ratio Chart
For the Chemicals subindustry, Hubei Jianghan New Materials 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.
Hubei Jianghan New Materials Co Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hubei Jianghan New Materials Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hubei Jianghan New Materials 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.
Hubei Jianghan New Materials Co (SHSE:603281) has a Current Ratio of 10.26 as of Mar. 2026. This is near median its historical median of 10.64. Over the past decade, Hubei Jianghan New Materials Co's Current Ratio has ranged from 2.06 to 16.50. According to the industry distribution chart, Hubei Jianghan New Materials Co ranks #64 out of 1605 companies in the Chemicals industry, placing it in the top 4%.
Is Hubei Jianghan New Materials Co's Current Ratio too high?
Hubei Jianghan New Materials Co's current Current Ratio of 10.26 is near median its 10-year median of 10.64. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 16.50. The Chemicals industry median Current Ratio is 1.89. Hubei Jianghan New Materials Co's value of 10.26 is 442.9% above this industry median. Based on the distribution chart, Hubei Jianghan New Materials Co ranks #64 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hubei Jianghan New Materials Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hubei Jianghan New Materials Co's Current Ratio compare to DOW?
According to the Chemicals industry distribution chart, Hubei Jianghan New Materials Co ranks #64 out of 1605 companies for Current Ratio. This places Hubei Jianghan New Materials Co in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Hubei Jianghan New Materials Co's value of 10.26 is 442.9% above this benchmark. Historically, Hubei Jianghan New Materials Co's own Current Ratio has ranged from 2.06 to 16.50 over the past decade. While the company's 10-year median is 10.64 vs. the industry median of 1.89, Hubei Jianghan New Materials 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,605 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. Hubei Jianghan New Materials Co's current Current Ratio of 10.26 is 442.9% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubei Jianghan New Materials Co's current Current Ratio is 10.26, which is near median its own 10-year median of 10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubei Jianghan New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hubei Jianghan New Materials Co (SHSE:603281) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.62, compared to a current price of ¥19.14 — trading 8.6% above its estimated fair value. The current Current Ratio is 10.26, which is near median its 10-year median of 10.64 and 442.9% above the Chemicals industry median of 1.89. Hubei Jianghan New Materials Co's overall GF Score™ is 79/100 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 Hubei Jianghan New Materials Co (SHSE:603281), the current Current Ratio is 10.26 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 Hubei Jianghan New Materials Co (SHSE:603281) Overvalued in 2026?
Based on GuruFocus' analysis, Hubei Jianghan New Materials Co stock appears to be overvalued.
The current stock price of ¥19.14 is trading 8.6% above its estimated GF Value™ of ¥17.62.
GuruFocus considers Hubei Jianghan New Materials Co to be Fairly Valued.
Key valuation signals for SHSE:603281:
Current Ratio: 10.26 (near median its 10-year median of 10.64)
GF Value™: ¥17.62 vs. price of ¥19.14 (8.6% above fair value)
Industry Position: 442.9% above the Chemicals median (#64 of 1605)
No single metric tells the full story. See the SHSE:603281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hubei Jianghan New Materials Co Business Description
Hubei Jianghan New Materials Co Ltd is engaged in the research and development, production and sales of functional organosilanes and other silicon-based new materials.
79GF Score
Get the complete analysis for SHSE:603281
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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