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Silvery Dragon Group Co Tianjin has a current ratio of 2.65. It generally indicates good short-term financial strength.
The historical rank and industry rank for Silvery Dragon Group Co Tianjin's Current Ratio or its related term are showing as below:
SHSE:603969'
s Current Ratio Range Over the Past 10 Years
Min: 1.94 Med: 2.54 Max: 15.63
Current: 2.65
During the past 13 years, Silvery Dragon Group Co Tianjin's highest Current Ratio was 15.63. The lowest was 1.94. And the median was 2.54.
SHSE:603969's Current Ratio is ranked better than 70.66% of 634
companies
in the Steel industry
Industry Median: 1.63
vs SHSE:603969: 2.65
Silvery Dragon Group Co Tianjin (SHSE:603969) 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.
Silvery Dragon Group Co Tianjin Current Ratio Related Terms
Silvery Dragon Group Co Tianjin 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.
Silvery Dragon Group Co Tianjin Current Ratio Chart
SHSE:603969 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Silvery Dragon Group Co Tianjin'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.
Silvery Dragon Group Co Tianjin Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Silvery Dragon Group Co Tianjin's Current Ratio distribution charts can be found below:
* The bar in red indicates where Silvery Dragon Group Co Tianjin'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.
Silvery Dragon Group Co Tianjin (SHSE:603969) has a Current Ratio of 2.65 as of Mar. 2026. This is near median its historical median of 2.54. Over the past decade, Silvery Dragon Group Co Tianjin's Current Ratio has ranged from 1.94 to 15.63. According to the industry distribution chart, Silvery Dragon Group Co Tianjin ranks #186 out of 634 companies in the Steel industry, placing it in the top 29.3%.
Is Silvery Dragon Group Co Tianjin's Current Ratio too high?
Silvery Dragon Group Co Tianjin's current Current Ratio of 2.65 is near median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 15.63. The Steel industry median Current Ratio is 1.63. Silvery Dragon Group Co Tianjin's value of 2.65 is 62.6% above this industry median. Based on the distribution chart, Silvery Dragon Group Co Tianjin ranks #186 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Silvery Dragon Group Co Tianjin has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Silvery Dragon Group Co Tianjin's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Silvery Dragon Group Co Tianjin ranks #186 out of 634 companies for Current Ratio. This puts Silvery Dragon Group Co Tianjin in the upper half of its industry. The industry median Current Ratio is 1.63. Silvery Dragon Group Co Tianjin's value of 2.65 is 62.6% above this benchmark. Historically, Silvery Dragon Group Co Tianjin's own Current Ratio has ranged from 1.94 to 15.63 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.63, Silvery Dragon Group Co Tianjin 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Silvery Dragon Group Co Tianjin's current Current Ratio of 2.65 is 62.6% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvery Dragon Group Co Tianjin's current Current Ratio is 2.65, which is near median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvery Dragon Group Co Tianjin stock overvalued right now?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin (SHSE:603969) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.54, compared to a current price of ¥7.10 — trading 5.8% below its estimated fair value. The current Current Ratio is 2.65, which is near median its 10-year median of 2.54 and 62.6% above the Steel industry median of 1.63. Silvery Dragon Group Co Tianjin's overall GF Score™ is 84/100 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 Silvery Dragon Group Co Tianjin (SHSE:603969), the current Current Ratio is 2.65 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 Silvery Dragon Group Co Tianjin (SHSE:603969) Overvalued in 2026?
Based on GuruFocus' analysis, Silvery Dragon Group Co Tianjin stock appears to be undervalued.
The current stock price of ¥7.10 is trading 5.8% below its estimated GF Value™ of ¥7.54.
GuruFocus considers Silvery Dragon Group Co Tianjin to be Fairly Valued.
Key valuation signals for SHSE:603969:
Current Ratio: 2.65 (near median its 10-year median of 2.54)
GF Value™: ¥7.54 vs. price of ¥7.10 (5.8% below fair value)
Industry Position: 62.6% above the Steel median (#186 of 634)
No single metric tells the full story. See the SHSE:603969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Silvery Dragon Group Co Tianjin Business Description
Silvery Dragon Group Co Ltd Tianjin is engaged in the research, development, production, and sale of steel for prestressed concrete. Its licensed business activities include the production of steel bar products for construction, the undertaking of construction projects and the design of construction projects.
84GF Score
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