Shuifa Gas Co (SHSE:603318) Current Ratio: 0.94 (As of Mar. 2026) — Near Median

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SHSE:603318 Shuifa Gas Co Ltd SHSE:603318
61 GF Score
Price ¥8.00
GF Value ¥5.28
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shuifa Gas Co Current Ratio?

Shuifa Gas Co SHSE:603318 -8.36% 61 Current Ratio is 0.94 as of Mar. 2026, which is 4% below its 10-year median of 0.98. GuruFocus rates SHSE:603318 with a GF Score™ of 61/100 and a GF Value™ of ¥5.28 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,015 Oil & Gas companies, Shuifa Gas Co ranks worse than 70.44% 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. Shuifa Gas Co's current ratio for the quarter that ended in Mar. 2026 was 0.94.

Shuifa Gas Co has a current ratio of 0.94. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Shuifa Gas Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Shuifa Gas Co's Current Ratio or its related term are showing as below:

SHSE:603318' s Current Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.98   Max: 3.06
Current: 0.94

During the past 13 years, Shuifa Gas Co's highest Current Ratio was 3.06. The lowest was 0.59. And the median was 0.98.

SHSE:603318's Current Ratio is ranked worse than
70.44% of 1015 companies
in the Oil & Gas industry
Industry Median: 1.35 vs SHSE:603318: 0.94

Shuifa Gas Co  (SHSE:603318) 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.


Shuifa Gas Co Current Ratio Related Terms


Shuifa Gas Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shuifa Gas 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.

Shuifa Gas Co Current Ratio Chart

Shuifa Gas Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.62 0.74 0.66 0.69

Shuifa Gas Co Quarterly Data
Jun21 Sep21 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 0.74 0.66 0.79 0.69 0.94

SHSE:603318 vs SLB, BKR, HAL: Current Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Shuifa Gas 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.


Shuifa Gas Co Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shuifa Gas Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shuifa Gas Co's Current Ratio falls into.


SHSE:603318
61GF Score
Shuifa Gas Co Ltd SHSE:603318
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuifa Gas 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.

Shuifa Gas 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 )
=1357.433/1969.627
=0.69

Shuifa Gas 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 )
=1589.583/1698.295
=0.94

* 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 0.94 mean?
Shuifa Gas Co (SHSE:603318) has a Current Ratio of 0.94 as of Mar. 2026. This is near median its historical median of 0.98. Over the past decade, Shuifa Gas Co's Current Ratio has ranged from 0.59 to 3.06. According to the industry distribution chart, Shuifa Gas Co ranks #715 out of 1015 companies in the Oil & Gas industry, placing it in the top 70.4%.
Is Shuifa Gas Co's Current Ratio too high?
Shuifa Gas Co's current Current Ratio of 0.94 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 3.06. The Oil & Gas industry median Current Ratio is 1.35. Shuifa Gas Co's value of 0.94 is 30.4% below this industry median. Based on the distribution chart, Shuifa Gas Co ranks #715 out of 1015 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shuifa Gas Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuifa Gas Co's Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shuifa Gas Co ranks #715 out of 1015 companies for Current Ratio. This places Shuifa Gas Co in the lower half of its industry. The industry median Current Ratio is 1.35. Shuifa Gas Co's value of 0.94 is 30.4% below this benchmark. Historically, Shuifa Gas Co's own Current Ratio has ranged from 0.59 to 3.06 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.35, Shuifa Gas 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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,015 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. Shuifa Gas Co's current Current Ratio of 0.94 is 30.4% 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 Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuifa Gas Co's current Current Ratio is 0.94, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuifa Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shuifa Gas Co (SHSE:603318) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.28, compared to a current price of ¥8.00 — trading 51.5% above its estimated fair value. The current Current Ratio is 0.94, which is near median its 10-year median of 0.98 and 30.4% below the Oil & Gas industry median of 1.35. Shuifa Gas Co's overall GF Score™ is 61/100 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 Shuifa Gas Co (SHSE:603318), the current Current Ratio is 0.94 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 Shuifa Gas Co (SHSE:603318) Overvalued in 2026?

Based on GuruFocus' analysis, Shuifa Gas Co stock appears to be overvalued. The current stock price of ¥8.00 is trading 51.5% above its estimated GF Value™ of ¥5.28. GuruFocus considers Shuifa Gas Co to be Significantly Overvalued.

Key valuation signals for SHSE:603318:

  • Current Ratio: 0.94 (near median its 10-year median of 0.98)
  • GF Value™: ¥5.28 vs. price of ¥8.00 (51.5% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 30.4% below the Oil & Gas median (#715 of 1015)

No single metric tells the full story. See the SHSE:603318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuifa Gas Co Business Description

Industry EnergyOil & Gas
Address No. 33399, Jingshi East Road, 10th Floor, Shuifa Building, Licheng District, Shandong Province, Jinan, CHN, 250102
Shuifa Gas Co Ltd is engaged in the design, production, sales, and service of products related to gas transmission, distribution, and gas applications. Its business scope includes gas supply operations, hazardous chemicals trading, power generation, electricity transmission and distribution, and insurance agency services.
61GF Score

Get the complete analysis for SHSE:603318

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

¥8.00
Price
¥5.28
GF Value