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Luoyang JALON Micro-nano New Materials Co has a current ratio of 3.17. 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.
SHSE:688357's Current Ratio is ranked better than 74.39% of 1605
companies
in the Chemicals industry
Industry Median: 1.88
vs SHSE:688357: 3.17
Luoyang JALON Micro-nano New Materials Co (SHSE:688357) 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.
Luoyang JALON Micro-nano New Materials Co Current Ratio Related Terms
Luoyang JALON Micro-nano New Materials 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.
Luoyang JALON Micro-nano New Materials Co Current Ratio Chart
Luoyang JALON Micro-nano New Materials Co Annual Data
SHSE:688357 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Luoyang JALON Micro-nano New Materials 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.
Luoyang JALON Micro-nano New Materials Co Current Ratio vs Chemicals Industry
* 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.
Luoyang JALON Micro-nano New Materials Co (SHSE:688357) has a Current Ratio of 3.17 as of Mar. 2026. This is 12% above median its historical median of 2.82. Over the past decade, Luoyang JALON Micro-nano New Materials Co's Current Ratio has ranged from 0.38 to 3.73. According to the industry distribution chart, Luoyang JALON Micro-nano New Materials Co ranks #411 out of 1605 companies in the Chemicals industry, placing it in the top 25.6%.
Is Luoyang JALON Micro-nano New Materials Co's Current Ratio too high?
Luoyang JALON Micro-nano New Materials Co's current Current Ratio of 3.17 is 12% above median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.73. The Chemicals industry median Current Ratio is 1.88. Luoyang JALON Micro-nano New Materials Co's value of 3.17 is 68.6% above this industry median. Based on the distribution chart, Luoyang JALON Micro-nano New Materials Co ranks #411 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Luoyang JALON Micro-nano New Materials Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Luoyang JALON Micro-nano New Materials Co's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Luoyang JALON Micro-nano New Materials Co ranks #411 out of 1605 companies for Current Ratio. This puts Luoyang JALON Micro-nano New Materials Co in the upper half of its industry. The industry median Current Ratio is 1.88. Luoyang JALON Micro-nano New Materials Co's value of 3.17 is 68.6% above this benchmark. Historically, Luoyang JALON Micro-nano New Materials Co's own Current Ratio has ranged from 0.38 to 3.73 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.88, Luoyang JALON Micro-nano New Materials 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 1.88, based on 1,605 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. Luoyang JALON Micro-nano New Materials Co's current Current Ratio of 3.17 is 68.6% 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 Chemicals industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luoyang JALON Micro-nano New Materials Co's current Current Ratio is 3.17, which is 12% above median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luoyang JALON Micro-nano New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Luoyang JALON Micro-nano New Materials Co (SHSE:688357) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥38.44, compared to a current price of ¥25.37 — trading 34% below its estimated fair value. The current Current Ratio is 3.17, which is 12% above median its 10-year median of 2.82 and 68.6% above the Chemicals industry median of 1.88. Luoyang JALON Micro-nano New Materials Co's overall GF Score™ is 75/100 with 7 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 Luoyang JALON Micro-nano New Materials Co (SHSE:688357), the current Current Ratio is 3.17 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 Luoyang JALON Micro-nano New Materials Co (SHSE:688357) Overvalued in 2026?
Based on GuruFocus' analysis, Luoyang JALON Micro-nano New Materials Co stock appears to be undervalued.
The current stock price of ¥25.37 is trading 34% below its estimated GF Value™ of ¥38.44.
GuruFocus considers Luoyang JALON Micro-nano New Materials Co to be Significantly Undervalued.
Key valuation signals for SHSE:688357:
Current Ratio: 3.17 (12% above median its 10-year median of 2.82)
GF Value™: ¥38.44 vs. price of ¥25.37 (34% below fair value)
Industry Position: 68.6% above the Chemicals median (#411 of 1605)
No single metric tells the full story. See the SHSE:688357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luoyang JALON Micro-nano New Materials Co Business Description
Luoyang JALON Micro-nano New Materials Co Ltd is a manufacturer of Molecular Sieves, Molecular Sieve Powders and Synthetic Zeolite Powders. The company produces and sells adsorbent materials; catalytic materials; industrial sodium chloride; and chemical products. Its products are used in Hydrogen Purification, Medical & Industrial Oxygen Concentrator, Cryogenic Air Separation, Coating, Sealants, Adhesives, Natural Gas Dehydration and Sweetening, Refinery, Air Break System, Insulating Glass, Refrigerant Dehydration, and Ethanol Dehydration.
75GF Score
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