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Hangzhou Freely Communication Co has a current ratio of 1.25. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hangzhou Freely Communication Co's Current Ratio or its related term are showing as below:
SHSE:603602'
s Current Ratio Range Over the Past 10 Years
Min: 1.22 Med: 1.98 Max: 3.1
Current: 1.25
During the past 13 years, Hangzhou Freely Communication Co's highest Current Ratio was 3.10. The lowest was 1.22. And the median was 1.98.
SHSE:603602's Current Ratio is ranked better than 58.15% of 368
companies
in the Telecommunication Services industry
Industry Median: 1.1
vs SHSE:603602: 1.25
Hangzhou Freely Communication Co (SHSE:603602) 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.
Hangzhou Freely Communication Co Current Ratio Related Terms
Hangzhou Freely Communication 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.
Hangzhou Freely Communication Co Current Ratio Chart
SHSE:603602 vs VZ, TMUS, T: Current Ratio Comparison
For the Telecom Services subindustry, Hangzhou Freely Communication 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.
Hangzhou Freely Communication Co Current Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Hangzhou Freely Communication Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Hangzhou Freely Communication 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.
Hangzhou Freely Communication Co (SHSE:603602) has a Current Ratio of 1.25 as of Mar. 2026. This is 37% below median its historical median of 1.98. Over the past decade, Hangzhou Freely Communication Co's Current Ratio has ranged from 1.22 to 3.10. According to the industry distribution chart, Hangzhou Freely Communication Co ranks #154 out of 368 companies in the Telecommunication Services industry, placing it in the top 41.8%.
Is Hangzhou Freely Communication Co's Current Ratio too high?
Hangzhou Freely Communication Co's current Current Ratio of 1.25 is 37% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 3.10. The Telecommunication Services industry median Current Ratio is 1.10. Hangzhou Freely Communication Co's value of 1.25 is 13.6% above this industry median. Based on the distribution chart, Hangzhou Freely Communication Co ranks #154 out of 368 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Hangzhou Freely Communication Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Freely Communication Co's Current Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Hangzhou Freely Communication Co ranks #154 out of 368 companies for Current Ratio. This puts Hangzhou Freely Communication Co in the upper half of its industry. The industry median Current Ratio is 1.10. Hangzhou Freely Communication Co's value of 1.25 is 13.6% above this benchmark. Historically, Hangzhou Freely Communication Co's own Current Ratio has ranged from 1.22 to 3.10 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.10, Hangzhou Freely Communication 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 Telecommunication Services company?
The median Current Ratio among Telecommunication Services companies is 1.10, based on 368 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. Hangzhou Freely Communication Co's current Current Ratio of 1.25 is 13.6% 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 Telecommunication Services industry, the median Current Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Freely Communication Co's current Current Ratio is 1.25, which is 37% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Freely Communication Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Freely Communication Co (SHSE:603602) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.50, compared to a current price of ¥11.74 — trading 32.9% below its estimated fair value. The current Current Ratio is 1.25, which is 37% below median its 10-year median of 1.98 and 13.6% above the Telecommunication Services industry median of 1.10. Hangzhou Freely Communication Co's overall GF Score™ is 64/100 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 Hangzhou Freely Communication Co (SHSE:603602), the current Current Ratio is 1.25 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 Hangzhou Freely Communication Co (SHSE:603602) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Freely Communication Co stock appears to be undervalued.
The current stock price of ¥11.74 is trading 32.9% below its estimated GF Value™ of ¥17.50.
GuruFocus considers Hangzhou Freely Communication Co to be Possible Value Trap.
Key valuation signals for SHSE:603602:
Current Ratio: 1.25 (37% below median its 10-year median of 1.98)
GF Value™: ¥17.50 vs. price of ¥11.74 (32.9% below fair value)
Industry Position: 13.6% above the Telecommunication Services median (#154 of 368)
No single metric tells the full story. See the SHSE:603602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation, and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services, and network generation services.
64GF Score
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