Allied Machinery Co (SHSE:605060) Current Ratio: 3.37 (As of Mar. 2026) — Near Median

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SHSE:605060 Allied Machinery Co Ltd SHSE:605060
85 GF Score
Price ¥35.00
GF Value ¥25.64
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Allied Machinery Co Current Ratio?

Allied Machinery Co SHSE:605060 -2.78% 85 Current Ratio is 3.37 as of Mar. 2026, which is 2% below its 10-year median of 3.45. GuruFocus rates SHSE:605060 with a GF Score™ of 85/100 and a GF Value™ of ¥25.64 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, Allied Machinery Co ranks better than 79.08% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Allied Machinery Co's current ratio for the quarter that ended in Mar. 2026 was 3.37.

Allied Machinery Co has a current ratio of 3.37. 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.

The historical rank and industry rank for Allied Machinery Co's Current Ratio or its related term are showing as below:

SHSE:605060' s Current Ratio Range Over the Past 10 Years
Min: 2.31   Med: 3.45   Max: 12.86
Current: 3.37

During the past 10 years, Allied Machinery Co's highest Current Ratio was 12.86. The lowest was 2.31. And the median was 3.45.

SHSE:605060's Current Ratio is ranked better than
79.08% of 3078 companies
in the Industrial Products industry
Industry Median: 1.96 vs SHSE:605060: 3.37

Allied Machinery Co  (SHSE:605060) 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.


Allied Machinery Co Current Ratio Related Terms


Allied Machinery Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Allied Machinery Co's Current Ratio can be seen below:

* 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.

Allied Machinery Co Current Ratio Chart

Allied Machinery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.84 3.09 3.61 3.06 3.41

Allied Machinery Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 3.29 2.96 3.41 3.37

SHSE:605060 vs GEV, ETN, PH: Current Ratio Comparison

For the Specialty Industrial Machinery subindustry, Allied Machinery 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.


Allied Machinery Co Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Allied Machinery Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Allied Machinery Co's Current Ratio falls into.


SHSE:605060
85GF Score
Allied Machinery Co Ltd SHSE:605060
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Allied Machinery Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Allied Machinery Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=1497.178/439.008
=3.41

Allied Machinery Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=1460.755/432.999
=3.37

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 3.37 mean?
Allied Machinery Co (SHSE:605060) has a Current Ratio of 3.37 as of Mar. 2026. This is near median its historical median of 3.45. Over the past decade, Allied Machinery Co's Current Ratio has ranged from 2.31 to 12.86. According to the industry distribution chart, Allied Machinery Co ranks #644 out of 3078 companies in the Industrial Products industry, placing it in the top 20.9%.
Is Allied Machinery Co's Current Ratio too high?
Allied Machinery Co's current Current Ratio of 3.37 is near median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 12.86. The Industrial Products industry median Current Ratio is 1.96. Allied Machinery Co's value of 3.37 is 71.9% above this industry median. Based on the distribution chart, Allied Machinery Co ranks #644 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Allied Machinery Co has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Machinery Co's Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Allied Machinery Co ranks #644 out of 3078 companies for Current Ratio. This places Allied Machinery Co in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Allied Machinery Co's value of 3.37 is 71.9% above this benchmark. Historically, Allied Machinery Co's own Current Ratio has ranged from 2.31 to 12.86 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.96, Allied Machinery 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 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. Allied Machinery Co's current Current Ratio of 3.37 is 71.9% 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 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. Allied Machinery Co's current Current Ratio is 3.37, which is near median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Allied Machinery Co (SHSE:605060) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥25.64, compared to a current price of ¥35.00 — trading 36.5% above its estimated fair value. The current Current Ratio is 3.37, which is near median its 10-year median of 3.45 and 71.9% above the Industrial Products industry median of 1.96. Allied Machinery Co's overall GF Score™ is 85/100 with 4 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 Allied Machinery Co (SHSE:605060), the current Current Ratio is 3.37 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 Allied Machinery Co (SHSE:605060) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Machinery Co stock appears to be overvalued. The current stock price of ¥35.00 is trading 36.5% above its estimated GF Value™ of ¥25.64. GuruFocus considers Allied Machinery Co to be Significantly Overvalued.

Key valuation signals for SHSE:605060:

  • Current Ratio: 3.37 (near median its 10-year median of 3.45)
  • GF Value™: ¥25.64 vs. price of ¥35.00 (36.5% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 71.9% above the Industrial Products median (#644 of 3078)

No single metric tells the full story. See the SHSE:605060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allied Machinery Co Business Description

Address No. 77, 18th Street, Economic and Technological Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
Allied Machinery Co Ltd is a a full service provider of machined castings for industry. It supplies machined castings for industries.
85GF Score

Get the complete analysis for SHSE:605060

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥35.00
Price
¥25.64
GF Value