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What is Ningbo Hicon Industry Technology Co Current Ratio?
Ningbo Hicon Industry Technology CoSZSE:001237 -1.21%20 Current Ratio is 1.57 as of Mar. 2026, which is 11% above its 10-year median of 1.42. GuruFocus rates SZSE:001237 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 436 Furnishings, Fixtures & Appliances companies, Ningbo Hicon Industry Technology Co ranks worse than 60.09% on this metric.
SZSE:001237'
s Current Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.42 Max: 1.57
Current: 1.57
During the past 4 years, Ningbo Hicon Industry Technology Co's highest Current Ratio was 1.57. The lowest was 1.05. And the median was 1.42.
SZSE:001237's Current Ratio is ranked worse than 60.09% of 436
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.88
vs SZSE:001237: 1.57
Ningbo Hicon Industry Technology Co (SZSE:001237) 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.
Ningbo Hicon Industry Technology Co Current Ratio Related Terms
Ningbo Hicon Industry Technology 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.
Ningbo Hicon Industry Technology Co Current Ratio Chart
Ningbo Hicon Industry Technology Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Current Ratio
1.05
1.18
0.00
1.46
Ningbo Hicon Industry Technology Co Quarterly Data
SZSE:001237 vs SN, SGI, MHK: Current Ratio Comparison
For the Furnishings, Fixtures & Appliances subindustry, Ningbo Hicon Industry 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.
Ningbo Hicon Industry Technology Co Current Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Hicon Industry Technology Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo Hicon Industry 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.
Ningbo Hicon Industry Technology Co (SZSE:001237) has a Current Ratio of 1.57 as of Mar. 2026. This is 11% above median its historical median of 1.42. Over the past decade, Ningbo Hicon Industry Technology Co's Current Ratio has ranged from 1.05 to 1.57. According to the industry distribution chart, Ningbo Hicon Industry Technology Co ranks #262 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 60.1%.
Is Ningbo Hicon Industry Technology Co's Current Ratio too high?
Ningbo Hicon Industry Technology Co's current Current Ratio of 1.57 is 11% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 1.57. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.88. Ningbo Hicon Industry Technology Co's value of 1.57 is 16.5% below this industry median. Based on the distribution chart, Ningbo Hicon Industry Technology Co ranks #262 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Ningbo Hicon Industry Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Hicon Industry Technology Co's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ningbo Hicon Industry Technology Co ranks #262 out of 436 companies for Current Ratio. This places Ningbo Hicon Industry Technology Co in the lower half of its industry. The industry median Current Ratio is 1.88. Ningbo Hicon Industry Technology Co's value of 1.57 is 16.5% below this benchmark. Historically, Ningbo Hicon Industry Technology Co's own Current Ratio has ranged from 1.05 to 1.57 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.88, Ningbo Hicon Industry Technology 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 Furnishings, Fixtures & Appliances company?
The median Current Ratio among Furnishings, Fixtures & Appliances companies is 1.88, based on 436 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. Ningbo Hicon Industry Technology Co's current Current Ratio of 1.57 is 16.5% 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 Furnishings, Fixtures & Appliances 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. Ningbo Hicon Industry Technology Co's current Current Ratio is 1.57, which is 11% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Hicon Industry Technology Co stock overvalued right now?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a current Current Ratio of 1.57. The current Current Ratio is 1.57, which is 11% above median its 10-year median of 1.42 and 16.5% below the Furnishings, Fixtures & Appliances industry median of 1.88. Ningbo Hicon Industry Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Ningbo Hicon Industry Technology Co (SZSE:001237), the current Current Ratio is 1.57 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.
Ningbo Hicon Industry Technology Co Ltd is engaged in the research, development, production, and sales of refrigeration equipment. The company's products are widely used in many commercial and household fields, such as restaurants, hotels, supermarkets, cafes, milk tea shops, convenience stores, bars, schools, and offices. It exports to various countries and regions around the world, including China, the United States, Canada, Germany, Sweden, and Australia. The company's offerings include ice makers, Commercial ice makers, wine cabinets, refrigerators, freezers, car refrigerators, Ice cream machines, display cases, and Snow melting machines.
20GF Score
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