Jenkem Technology CoSHSE:688356 -5.81%80 Current Ratio is 10.41 as of Mar. 2026, which is 12% below its 10-year median of 11.86. GuruFocus rates SHSE:688356 with a GF Score™ of 80/100 and a GF Value™ of ¥97.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,604 Chemicals companies, Jenkem Technology Co ranks better than 96.26% 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. Jenkem Technology Co's current ratio for the quarter that ended in Mar. 2026 was 10.41.
Jenkem Technology Co has a current ratio of 10.41. 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 Jenkem Technology Co's Current Ratio or its related term are showing as below:
SHSE:688356'
s Current Ratio Range Over the Past 10 Years
Min: 2.71 Med: 11.86 Max: 24.28
Current: 10.41
During the past 10 years, Jenkem Technology Co's highest Current Ratio was 24.28. The lowest was 2.71. And the median was 11.86.
SHSE:688356's Current Ratio is ranked better than 96.26% of 1604
companies
in the Chemicals industry
Industry Median: 1.89
vs SHSE:688356: 10.41
Jenkem Technology Co (SHSE:688356) 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.
Jenkem Technology Co Current Ratio Related Terms
Jenkem Technology Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Jenkem Technology 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.
SHSE:688356 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Jenkem Technology 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.
Jenkem Technology Co Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jenkem Technology Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Jenkem Technology 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.
Jenkem Technology Co (SHSE:688356) has a Current Ratio of 10.41 as of Mar. 2026. This is 12% below median its historical median of 11.86. Over the past decade, Jenkem Technology Co's Current Ratio has ranged from 2.71 to 24.28. According to the industry distribution chart, Jenkem Technology Co ranks #60 out of 1604 companies in the Chemicals industry, placing it in the top 3.7%.
Is Jenkem Technology Co's Current Ratio too high?
Jenkem Technology Co's current Current Ratio of 10.41 is 12% below median its 10-year median of 11.86. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 24.28. The Chemicals industry median Current Ratio is 1.89. Jenkem Technology Co's value of 10.41 is 450.8% above this industry median. Based on the distribution chart, Jenkem Technology Co ranks #60 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jenkem Technology Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jenkem Technology Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jenkem Technology Co ranks #60 out of 1604 companies for Current Ratio. This places Jenkem Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Jenkem Technology Co's value of 10.41 is 450.8% above this benchmark. Historically, Jenkem Technology Co's own Current Ratio has ranged from 2.71 to 24.28 over the past decade. While the company's 10-year median is 11.86 vs. the industry median of 1.89, Jenkem Technology 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,604 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. Jenkem Technology Co's current Current Ratio of 10.41 is 450.8% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jenkem Technology Co's current Current Ratio is 10.41, which is 12% below median its own 10-year median of 11.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenkem Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jenkem Technology Co (SHSE:688356) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥97.07, compared to a current price of ¥75.84 — trading 21.9% below its estimated fair value. The current Current Ratio is 10.41, which is 12% below median its 10-year median of 11.86 and 450.8% above the Chemicals industry median of 1.89. Jenkem Technology Co's overall GF Score™ is 80/100 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 Jenkem Technology Co (SHSE:688356), the current Current Ratio is 10.41 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 Jenkem Technology Co (SHSE:688356) Overvalued in 2026?
Based on GuruFocus' analysis, Jenkem Technology Co stock appears to be undervalued.
The current stock price of ¥75.84 is trading 21.9% below its estimated GF Value™ of ¥97.07.
GuruFocus considers Jenkem Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:688356:
Current Ratio: 10.41 (12% below median its 10-year median of 11.86)
GF Value™: ¥97.07 vs. price of ¥75.84 (21.9% below fair value)
Industry Position: 450.8% above the Chemicals median (#60 of 1604)
No single metric tells the full story. See the SHSE:688356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jenkem Technology Co Ltd is engaged in research and development, production and sales of medical polyethylene glycol and its active derivatives. The company's products include Branched polyethylene glycol derivatives; Linear polyethylene glycol derivatives; Double substituted polyethylene glycol derivatives with the same functional group; Heterofunctional double substituted polyethylene glycol derivatives; Multi-arm polyethylene glycol derivatives; Multi-arm heterofunctional double substituted polyethylene glycol derivatives; and Monodisperse Polyethylene Glycol Derivatives.
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