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.
Nantong Acetic Acid Chemical Co (SHSE:603968) 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.
Nantong Acetic Acid Chemical Co Current Ratio Related Terms
Nantong Acetic Acid Chemical 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.
Nantong Acetic Acid Chemical Co Current Ratio Chart
SHSE:603968 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Nantong Acetic Acid Chemical 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.
Nantong Acetic Acid Chemical Co Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nantong Acetic Acid Chemical Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nantong Acetic Acid Chemical 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.
Nantong Acetic Acid Chemical Co (SHSE:603968) has a Current Ratio of 1.53 as of Mar. 2026. This is 37% below median its historical median of 2.42. Over the past decade, Nantong Acetic Acid Chemical Co's Current Ratio has ranged from 1.53 to 3.20. According to the industry distribution chart, Nantong Acetic Acid Chemical Co ranks #1018 out of 1606 companies in the Chemicals industry, placing it in the top 63.4%.
Is Nantong Acetic Acid Chemical Co's Current Ratio too high?
Nantong Acetic Acid Chemical Co's current Current Ratio of 1.53 is 37% below median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 3.20. The Chemicals industry median Current Ratio is 1.87. Nantong Acetic Acid Chemical Co's value of 1.53 is 18.2% below this industry median. Based on the distribution chart, Nantong Acetic Acid Chemical Co ranks #1018 out of 1606 companies in the Chemicals industry, which is below the industry midpoint. Overall, Nantong Acetic Acid Chemical Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nantong Acetic Acid Chemical Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nantong Acetic Acid Chemical Co ranks #1018 out of 1606 companies for Current Ratio. This places Nantong Acetic Acid Chemical Co in the lower half of its industry. The industry median Current Ratio is 1.87. Nantong Acetic Acid Chemical Co's value of 1.53 is 18.2% below this benchmark. Historically, Nantong Acetic Acid Chemical Co's own Current Ratio has ranged from 1.53 to 3.20 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 1.87, Nantong Acetic Acid Chemical 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 a Chemicals company?
The median Current Ratio among Chemicals companies is 1.87, based on 1,606 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. Nantong Acetic Acid Chemical Co's current Current Ratio of 1.53 is 18.2% 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 Chemicals industry, the median Current Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantong Acetic Acid Chemical Co's current Current Ratio is 1.53, which is 37% below median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantong Acetic Acid Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nantong Acetic Acid Chemical Co (SHSE:603968) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.31, compared to a current price of ¥10.24 — trading 0.7% below its estimated fair value. The current Current Ratio is 1.53, which is 37% below median its 10-year median of 2.42 and 18.2% below the Chemicals industry median of 1.87. Nantong Acetic Acid Chemical 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 Nantong Acetic Acid Chemical Co (SHSE:603968), the current Current Ratio is 1.53 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 Nantong Acetic Acid Chemical Co (SHSE:603968) Overvalued in 2026?
Based on GuruFocus' analysis, Nantong Acetic Acid Chemical Co stock appears to be undervalued.
The current stock price of ¥10.24 is trading 0.7% below its estimated GF Value™ of ¥10.31.
GuruFocus considers Nantong Acetic Acid Chemical Co to be Fairly Valued.
Key valuation signals for SHSE:603968:
Current Ratio: 1.53 (37% below median its 10-year median of 2.42)
GF Value™: ¥10.31 vs. price of ¥10.24 (0.7% below fair value)
Industry Position: 18.2% below the Chemicals median (#1018 of 1606)
No single metric tells the full story. See the SHSE:603968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.
61GF Score
Get the complete analysis for SHSE:603968
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:603968 has been successfully added to your 
