Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co (SHSE:603508) 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.
Henan Thinker Automatic Equipment Co Current Ratio Related Terms
Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co Current Ratio Chart
SHSE:603508 vs COHR, KEYS, GRMN: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, Henan Thinker Automatic Equipment 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.
Henan Thinker Automatic Equipment Co Current Ratio vs Hardware Industry
* 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.
Henan Thinker Automatic Equipment Co (SHSE:603508) has a Current Ratio of 10.26 as of Jun. 2026. This is 11% above median its historical median of 9.23. Over the past decade, Henan Thinker Automatic Equipment Co's Current Ratio has ranged from 3.16 to 15.73. According to the industry distribution chart, Henan Thinker Automatic Equipment Co ranks #112 out of 2496 companies in the Hardware industry, placing it in the top 4.5%.
Is Henan Thinker Automatic Equipment Co's Current Ratio too high?
Henan Thinker Automatic Equipment Co's current Current Ratio of 10.26 is 11% above median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 15.73. The Hardware industry median Current Ratio is 1.94. Henan Thinker Automatic Equipment Co's value of 10.26 is 428.9% above this industry median. Based on the distribution chart, Henan Thinker Automatic Equipment Co ranks #112 out of 2496 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Henan Thinker Automatic Equipment Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Thinker Automatic Equipment Co's Current Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Henan Thinker Automatic Equipment Co ranks #112 out of 2496 companies for Current Ratio. This places Henan Thinker Automatic Equipment Co in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.94. Henan Thinker Automatic Equipment Co's value of 10.26 is 428.9% above this benchmark. Historically, Henan Thinker Automatic Equipment Co's own Current Ratio has ranged from 3.16 to 15.73 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 1.94, Henan Thinker Automatic Equipment 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 Hardware company?
The median Current Ratio among Hardware companies is 1.94, based on 2,496 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. Henan Thinker Automatic Equipment Co's current Current Ratio of 10.26 is 428.9% 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 Hardware industry, the median Current Ratio is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Thinker Automatic Equipment Co's current Current Ratio is 10.26, which is 11% above median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Thinker Automatic Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co (SHSE:603508) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.45, compared to a current price of ¥21.50 — trading 21.7% below its estimated fair value. The current Current Ratio is 10.26, which is 11% above median its 10-year median of 9.23 and 428.9% above the Hardware industry median of 1.94. Henan Thinker Automatic Equipment Co's overall GF Score™ is 75/100 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 Henan Thinker Automatic Equipment Co (SHSE:603508), the current Current Ratio is 10.26 as of Jun. 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 Henan Thinker Automatic Equipment Co (SHSE:603508) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Thinker Automatic Equipment Co stock appears to be undervalued.
The current stock price of ¥21.50 is trading 21.7% below its estimated GF Value™ of ¥27.45.
GuruFocus considers Henan Thinker Automatic Equipment Co to be Modestly Undervalued.
Key valuation signals for SHSE:603508:
Current Ratio: 10.26 (11% above median its 10-year median of 9.23)
GF Value™: ¥27.45 vs. price of ¥21.50 (21.7% below fair value)
Industry Position: 428.9% above the Hardware median (#112 of 2496)
No single metric tells the full story. See the SHSE:603508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.
75GF Score
Get the complete analysis for SHSE:603508
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603508 has been successfully added to your 
