Shandong Cvicse Middleware Co (SHSE:688695) Current Ratio: 17.67 (As of Mar. 2026) — 51% Above Median

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SHSE:688695 Shandong Cvicse Middleware Co Ltd SHSE:688695
38 GF Score
Price ¥16.47
! 6 Warning Signs
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What is Shandong Cvicse Middleware Co Current Ratio?

Shandong Cvicse Middleware Co SHSE:688695 +3.20% 38 Current Ratio is 17.67 as of Mar. 2026, which is 51% above its 10-year median of 11.74. GuruFocus rates SHSE:688695 with a GF Score™ of 38/100. The stock has 6 warning signs investors should review. Among 2,877 Software companies, Shandong Cvicse Middleware Co ranks better than 98.26% 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. Shandong Cvicse Middleware Co's current ratio for the quarter that ended in Mar. 2026 was 17.67.

Shandong Cvicse Middleware Co has a current ratio of 17.67. 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 Shandong Cvicse Middleware Co's Current Ratio or its related term are showing as below:

SHSE:688695' s Current Ratio Range Over the Past 10 Years
Min: 3.11   Med: 11.74   Max: 33.39
Current: 17.67

During the past 13 years, Shandong Cvicse Middleware Co's highest Current Ratio was 33.39. The lowest was 3.11. And the median was 11.74.

SHSE:688695's Current Ratio is ranked better than
98.26% of 2877 companies
in the Software industry
Industry Median: 1.81 vs SHSE:688695: 17.67

Shandong Cvicse Middleware Co  (SHSE:688695) 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.


Shandong Cvicse Middleware Co Current Ratio Related Terms


Shandong Cvicse Middleware Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Cvicse Middleware 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.

Shandong Cvicse Middleware Co Current Ratio Chart

Shandong Cvicse Middleware 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 8.18 11.47 8.30 17.14 16.12

Shandong Cvicse Middleware Co Quarterly Data
Dec18 Dec19 Dec20 Dec21 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 27.17 20.05 20.60 16.12 17.67

SHSE:688695 vs QH, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Shandong Cvicse Middleware 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.


Shandong Cvicse Middleware Co Current Ratio vs Software Industry

For the Software industry and Technology sector, Shandong Cvicse Middleware Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Cvicse Middleware Co's Current Ratio falls into.


SHSE:688695
38GF Score
Shandong Cvicse Middleware Co Ltd SHSE:688695
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Cvicse Middleware 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.

Shandong Cvicse Middleware 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 )
=719.442/44.628
=16.12

Shandong Cvicse Middleware 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 )
=695.94/39.379
=17.67

* 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 17.67 mean?
Shandong Cvicse Middleware Co (SHSE:688695) has a Current Ratio of 17.67 as of Mar. 2026. This is 51% above median its historical median of 11.74. Over the past decade, Shandong Cvicse Middleware Co's Current Ratio has ranged from 3.11 to 33.39. According to the industry distribution chart, Shandong Cvicse Middleware Co ranks #50 out of 2877 companies in the Software industry, placing it in the top 1.7%.
Is Shandong Cvicse Middleware Co's Current Ratio too high?
Shandong Cvicse Middleware Co's current Current Ratio of 17.67 is 51% above median its 10-year median of 11.74. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 33.39. The Software industry median Current Ratio is 1.81. Shandong Cvicse Middleware Co's value of 17.67 is 876.2% above this industry median. Based on the distribution chart, Shandong Cvicse Middleware Co ranks #50 out of 2877 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Cvicse Middleware Co has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Cvicse Middleware Co's Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Shandong Cvicse Middleware Co ranks #50 out of 2877 companies for Current Ratio. This places Shandong Cvicse Middleware Co in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. Shandong Cvicse Middleware Co's value of 17.67 is 876.2% above this benchmark. Historically, Shandong Cvicse Middleware Co's own Current Ratio has ranged from 3.11 to 33.39 over the past decade. While the company's 10-year median is 11.74 vs. the industry median of 1.81, Shandong Cvicse Middleware 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,877 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. Shandong Cvicse Middleware Co's current Current Ratio of 17.67 is 876.2% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Cvicse Middleware Co's current Current Ratio is 17.67, which is 51% above median its own 10-year median of 11.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Cvicse Middleware Co stock overvalued right now?
Shandong Cvicse Middleware Co (SHSE:688695) has a current Current Ratio of 17.67. The current Current Ratio is 17.67, which is 51% above median its 10-year median of 11.74 and 876.2% above the Software industry median of 1.81. Shandong Cvicse Middleware Co's overall GF Score™ is 38/100 with 6 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 Shandong Cvicse Middleware Co (SHSE:688695), the current Current Ratio is 17.67 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.

Shandong Cvicse Middleware Co Business Description

Address Qianfoshan East Road, No. 41-1, Lixia District, Shandong Province, Jinan, CHN, 250014
Shandong Cvicse Middleware Co Ltd is engaged in research and development and sales of middleware software and provision of related technical services.
38GF Score

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