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SHSE:603577's Current Ratio is ranked worse than 76.41% of 3078
companies
in the Industrial Products industry
Industry Median: 1.96
vs SHSE:603577: 1.35
Qingdao Huijintong Power Equipment Co (SHSE:603577) 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.
Qingdao Huijintong Power Equipment Co Current Ratio Related Terms
Qingdao Huijintong Power 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.
Qingdao Huijintong Power Equipment Co Current Ratio Chart
SHSE:603577 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Qingdao Huijintong Power 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.
Qingdao Huijintong Power Equipment Co Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Qingdao Huijintong Power Equipment Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Qingdao Huijintong Power Equipment 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.
Qingdao Huijintong Power Equipment Co (SHSE:603577) has a Current Ratio of 1.35 as of Mar. 2026. This is near median its historical median of 1.47. Over the past decade, Qingdao Huijintong Power Equipment Co's Current Ratio has ranged from 1.17 to 2.02. According to the industry distribution chart, Qingdao Huijintong Power Equipment Co ranks #2352 out of 3078 companies in the Industrial Products industry, placing it in the top 76.4%.
Is Qingdao Huijintong Power Equipment Co's Current Ratio too high?
Qingdao Huijintong Power Equipment Co's current Current Ratio of 1.35 is near median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 2.02. The Industrial Products industry median Current Ratio is 1.96. Qingdao Huijintong Power Equipment Co's value of 1.35 is 31.1% below this industry median. Based on the distribution chart, Qingdao Huijintong Power Equipment Co ranks #2352 out of 3078 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Qingdao Huijintong Power Equipment Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Huijintong Power Equipment Co's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Qingdao Huijintong Power Equipment Co ranks #2352 out of 3078 companies for Current Ratio. This places Qingdao Huijintong Power Equipment Co in the lower half of its industry. The industry median Current Ratio is 1.96. Qingdao Huijintong Power Equipment Co's value of 1.35 is 31.1% below this benchmark. Historically, Qingdao Huijintong Power Equipment Co's own Current Ratio has ranged from 1.17 to 2.02 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.96, Qingdao Huijintong Power Equipment 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 Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,078 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. Qingdao Huijintong Power Equipment Co's current Current Ratio of 1.35 is 31.1% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Huijintong Power Equipment Co's current Current Ratio is 1.35, which is near median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Huijintong Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Huijintong Power Equipment Co (SHSE:603577) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.62, compared to a current price of ¥9.02 — trading 4.6% above its estimated fair value. The current Current Ratio is 1.35, which is near median its 10-year median of 1.47 and 31.1% below the Industrial Products industry median of 1.96. Qingdao Huijintong Power Equipment Co's overall GF Score™ is 78/100 with 10 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 Qingdao Huijintong Power Equipment Co (SHSE:603577), the current Current Ratio is 1.35 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 Qingdao Huijintong Power Equipment Co (SHSE:603577) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Huijintong Power Equipment Co stock appears to be overvalued.
The current stock price of ¥9.02 is trading 4.6% above its estimated GF Value™ of ¥8.62.
GuruFocus considers Qingdao Huijintong Power Equipment Co to be Fairly Valued.
Key valuation signals for SHSE:603577:
Current Ratio: 1.35 (near median its 10-year median of 1.47)
GF Value™: ¥8.62 vs. price of ¥9.02 (4.6% above fair value)
Industry Position: 31.1% below the Industrial Products median (#2352 of 3078)
No single metric tells the full story. See the SHSE:603577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Huijintong Power Equipment Co Business Description
Qingdao Huijintong Power Equipment Co Ltd manufactures steel structures. Its products include Lattice Angle Steel Tower, Steel Tube Tower, Solar Bracket and other steel structures.
78GF Score
Get the complete analysis for SHSE:603577
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