Ciqtek Co (SHSE:688828) Current Ratio: 1.29 (As of Jun. 2026) — 26% Below Median

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SHSE:688828 Ciqtek Co Ltd SHSE:688828
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Price ¥102.50
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What is Ciqtek Co Current Ratio?

Ciqtek Co SHSE:688828 -2.41% 3 Current Ratio is 1.29 as of Jun. 2026, which is 26% below its 10-year median of 1.75. GuruFocus rates SHSE:688828 with a GF Score™ of 3/100. The stock has 3 warning signs investors should review. Among 2,502 Hardware companies, Ciqtek Co ranks worse than 77.1% 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. Ciqtek Co's current ratio for the quarter that ended in Jun. 2026 was 1.29.

Ciqtek Co has a current ratio of 1.29. It generally indicates good short-term financial strength.

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

SHSE:688828' s Current Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.75   Max: 2.63
Current: 1.29

During the past 4 years, Ciqtek Co's highest Current Ratio was 2.63. The lowest was 1.29. And the median was 1.75.

SHSE:688828's Current Ratio is ranked worse than
77.1% of 2502 companies
in the Hardware industry
Industry Median: 1.91 vs SHSE:688828: 1.29

Ciqtek Co  (SHSE:688828) 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.


Ciqtek Co Current Ratio Related Terms


Ciqtek Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Ciqtek 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.

Ciqtek Co Current Ratio Chart

Ciqtek Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Current Ratio
2.63 1.75 2.34 1.75

Ciqtek Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Current Ratio Get a 7-Day Free Trial 0.00 1.97 1.75 1.52 1.29

SHSE:688828 vs GRMN, COHR, KEYS: Current Ratio Comparison

For the Scientific & Technical Instruments subindustry, Ciqtek 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.


Ciqtek Co Current Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Ciqtek Co's Current Ratio distribution charts can be found below:

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


SHSE:688828
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Ciqtek Co Ltd SHSE:688828
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ciqtek 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.

Ciqtek 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 )
=833.11/475.283
=1.75

Ciqtek Co's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=799.123/617.302
=1.29

* 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 1.29 mean?
Ciqtek Co (SHSE:688828) has a Current Ratio of 1.29 as of Jun. 2026. This is 26% below median its historical median of 1.75. Over the past decade, Ciqtek Co's Current Ratio has ranged from 1.29 to 2.63. According to the industry distribution chart, Ciqtek Co ranks #1929 out of 2502 companies in the Hardware industry, placing it in the top 77.1%.
Is Ciqtek Co's Current Ratio too high?
Ciqtek Co's current Current Ratio of 1.29 is 26% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 2.63. The Hardware industry median Current Ratio is 1.91. Ciqtek Co's value of 1.29 is 32.5% below this industry median. Based on the distribution chart, Ciqtek Co ranks #1929 out of 2502 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ciqtek Co has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Ciqtek Co's Current Ratio compare to GRMN and COHR?
According to the Hardware industry distribution chart, Ciqtek Co ranks #1929 out of 2502 companies for Current Ratio. This places Ciqtek Co in the lower half of its industry. The industry median Current Ratio is 1.91. Ciqtek Co's value of 1.29 is 32.5% below this benchmark. Historically, Ciqtek Co's own Current Ratio has ranged from 1.29 to 2.63 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 1.91, Ciqtek Co has consistently been below 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 Hardware company?
The median Current Ratio among Hardware companies is 1.91, based on 2,502 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. Ciqtek Co's current Current Ratio of 1.29 is 32.5% below 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 Hardware industry, the median Current Ratio is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciqtek Co's current Current Ratio is 1.29, which is 26% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciqtek Co stock overvalued right now?
Ciqtek Co (SHSE:688828) has a current Current Ratio of 1.29. The current Current Ratio is 1.29, which is 26% below median its 10-year median of 1.75 and 32.5% below the Hardware industry median of 1.91. Ciqtek Co's overall GF Score™ is 3/100 with 3 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 Ciqtek Co (SHSE:688828), the current Current Ratio is 1.29 as of Jun. 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.

Ciqtek Co Business Description

Address No. 1969, Kongquetai Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Ciqtek Co Ltd is engaged in the research, development, production and sales of high-end scientific instruments. Its main business includes Electron Microscopy (FIB/SEM, TEM), Nuclear Magnetic Resonance (NMR) Spectroscopy, Electron Paramagnetic Resonance (EPR/ESR) Spectroscopy, and BET Surface Area & Pore Analyzers. The company provides customized products and solutions across environmental science, biochemistry, semiconductor technology, and materials science.
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