Shanghai Unison Aluminium Products Co (SHSE:603418) Current Ratio: 3.39 (As of Mar. 2026) — 117% Above Median

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SHSE:603418 Shanghai Unison Aluminium Products Co Ltd SHSE:603418
44 GF Score
Price ¥43.28
! 5 Warning Signs
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What is Shanghai Unison Aluminium Products Co Current Ratio?

Shanghai Unison Aluminium Products Co SHSE:603418 +1.45% 44 Current Ratio is 3.39 as of Mar. 2026, which is 117% above its 10-year median of 1.56. GuruFocus rates SHSE:603418 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Shanghai Unison Aluminium Products Co ranks better than 86.7% 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. Shanghai Unison Aluminium Products Co's current ratio for the quarter that ended in Mar. 2026 was 3.39.

Shanghai Unison Aluminium Products Co has a current ratio of 3.39. 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 Shanghai Unison Aluminium Products Co's Current Ratio or its related term are showing as below:

SHSE:603418' s Current Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.56   Max: 3.39
Current: 3.39

During the past 8 years, Shanghai Unison Aluminium Products Co's highest Current Ratio was 3.39. The lowest was 1.29. And the median was 1.56.

SHSE:603418's Current Ratio is ranked better than
86.7% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs SHSE:603418: 3.39

Shanghai Unison Aluminium Products Co  (SHSE:603418) 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.


Shanghai Unison Aluminium Products Co Current Ratio Related Terms


Shanghai Unison Aluminium Products Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Unison Aluminium Products 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.

Shanghai Unison Aluminium Products Co Current Ratio Chart

Shanghai Unison Aluminium Products Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial 1.42 1.50 1.48 1.29 2.93

Shanghai Unison Aluminium Products Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Dec22 Jun23 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 0.00 1.47 2.89 2.93 3.39

SHSE:603418 vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Shanghai Unison Aluminium Products 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.


Shanghai Unison Aluminium Products Co Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Unison Aluminium Products Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Unison Aluminium Products Co's Current Ratio falls into.


SHSE:603418
44GF Score
Shanghai Unison Aluminium Products Co Ltd SHSE:603418
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Unison Aluminium Products 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.

Shanghai Unison Aluminium Products 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 )
=4205.026/1436.371
=2.93

Shanghai Unison Aluminium Products 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 )
=3987.441/1177.516
=3.39

* 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 3.39 mean?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a Current Ratio of 3.39 as of Mar. 2026. This is 117% above median its historical median of 1.56. Over the past decade, Shanghai Unison Aluminium Products Co's Current Ratio has ranged from 1.29 to 3.39. According to the industry distribution chart, Shanghai Unison Aluminium Products Co ranks #177 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 13.3%.
Is Shanghai Unison Aluminium Products Co's Current Ratio too high?
Shanghai Unison Aluminium Products Co's current Current Ratio of 3.39 is 117% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.39. The Vehicles & Parts industry median Current Ratio is 1.53. Shanghai Unison Aluminium Products Co's value of 3.39 is 121.6% above this industry median. Based on the distribution chart, Shanghai Unison Aluminium Products Co ranks #177 out of 1331 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Unison Aluminium Products Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Unison Aluminium Products Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shanghai Unison Aluminium Products Co ranks #177 out of 1331 companies for Current Ratio. This places Shanghai Unison Aluminium Products Co in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Shanghai Unison Aluminium Products Co's value of 3.39 is 121.6% above this benchmark. Historically, Shanghai Unison Aluminium Products Co's own Current Ratio has ranged from 1.29 to 3.39 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.53, Shanghai Unison Aluminium Products 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,331 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. Shanghai Unison Aluminium Products Co's current Current Ratio of 3.39 is 121.6% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Unison Aluminium Products Co's current Current Ratio is 3.39, which is 117% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Unison Aluminium Products Co stock overvalued right now?
Shanghai Unison Aluminium Products Co (SHSE:603418) has a current Current Ratio of 3.39. The current Current Ratio is 3.39, which is 117% above median its 10-year median of 1.56 and 121.6% above the Vehicles & Parts industry median of 1.53. Shanghai Unison Aluminium Products Co's overall GF Score™ is 44/100 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 Shanghai Unison Aluminium Products Co (SHSE:603418), the current Current Ratio is 3.39 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.

Shanghai Unison Aluminium Products Co Business Description

Address No. 2058, Huqingping Road, Qingpu District, Shanghai, CHN, 201702
Shanghai Unison Aluminium Products Co Ltd is engaged in Research and development, production and sales of aluminum alloy automotive parts.
44GF Score

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