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Mingchen Health CoSZSE:002919 -2.67%87 Current Ratio is 1.71 as of Jun. 2026, which is 34% below its 10-year median of 2.61. GuruFocus rates SZSE:002919 with a GF Score™ of 87/100 and a GF Value™ of ¥21.17 (Modestly Undervalued). Among 2,010 Consumer Packaged Goods companies, Mingchen Health Co ranks better than 50.4% 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. Mingchen Health Co's current ratio for the quarter that ended in Jun. 2026 was 1.71.
Mingchen Health Co has a current ratio of 1.71. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mingchen Health Co's Current Ratio or its related term are showing as below:
SZSE:002919'
s Current Ratio Range Over the Past 10 Years
Min: 1.44 Med: 2.61 Max: 5.89
Current: 1.71
During the past 13 years, Mingchen Health Co's highest Current Ratio was 5.89. The lowest was 1.44. And the median was 2.61.
SZSE:002919's Current Ratio is ranked better than 50.4% of 2010
companies
in the Consumer Packaged Goods industry
Industry Median: 1.71
vs SZSE:002919: 1.71
Mingchen Health Co (SZSE:002919) 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.
Mingchen Health Co Current Ratio Related Terms
Mingchen Health Co Current Ratio Historical Data
* Premium members only.
The historical data trend for Mingchen Health 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.
SZSE:002919 vs PG, CL, EL: Current Ratio Comparison
For the Household & Personal Products subindustry, Mingchen Health 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.
Mingchen Health Co Current Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Mingchen Health Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mingchen Health 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.
Mingchen Health Co (SZSE:002919) has a Current Ratio of 1.71 as of Jun. 2026. This is 34% below median its historical median of 2.61. Over the past decade, Mingchen Health Co's Current Ratio has ranged from 1.44 to 5.89. According to the industry distribution chart, Mingchen Health Co ranks #997 out of 2010 companies in the Consumer Packaged Goods industry, placing it in the top 49.6%.
Is Mingchen Health Co's Current Ratio too high?
Mingchen Health Co's current Current Ratio of 1.71 is 34% below median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 5.89. The Consumer Packaged Goods industry median Current Ratio is 1.71. Mingchen Health Co's value of 1.71 is 0% at this industry median. Based on the distribution chart, Mingchen Health Co ranks #997 out of 2010 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Mingchen Health Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mingchen Health Co's Current Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Mingchen Health Co ranks #997 out of 2010 companies for Current Ratio. This puts Mingchen Health Co in the upper half of its industry. The industry median Current Ratio is 1.71. Mingchen Health Co's value of 1.71 is 0% at this benchmark. Historically, Mingchen Health Co's own Current Ratio has ranged from 1.44 to 5.89 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.71, Mingchen Health Co has consistently been at 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.71, based on 2,010 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. Mingchen Health Co's current Current Ratio of 1.71 is 0% at 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 Consumer Packaged Goods industry, the median Current Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mingchen Health Co's current Current Ratio is 1.71, which is 34% below median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingchen Health Co stock overvalued right now?
Based on GuruFocus' analysis, Mingchen Health Co (SZSE:002919) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.17, compared to a current price of ¥16.38 — trading 22.6% below its estimated fair value. The current Current Ratio is 1.71, which is 34% below median its 10-year median of 2.61 and 0% at the Consumer Packaged Goods industry median of 1.71. Mingchen Health Co's overall GF Score™ is 87/100. 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 Mingchen Health Co (SZSE:002919), the current Current Ratio is 1.71 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.
Is Mingchen Health Co (SZSE:002919) Overvalued in 2026?
Based on GuruFocus' analysis, Mingchen Health Co stock appears to be undervalued.
The current stock price of ¥16.38 is trading 22.6% below its estimated GF Value™ of ¥21.17.
GuruFocus considers Mingchen Health Co to be Modestly Undervalued.
Key valuation signals for SZSE:002919:
Current Ratio: 1.71 (34% below median its 10-year median of 2.61)
GF Value™: ¥21.17 vs. price of ¥16.38 (22.6% below fair value)
Industry Position: 0% at the Consumer Packaged Goods median (#997 of 2010)
No single metric tells the full story. See the SZSE:002919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mingchen Health Co Ltd manufactures and markets personal healthcare products. It develops, produces, and sells skin and hair care products. The products of the company include Conditioners, Shampoos, Hand sanitizer, Bathing shower gels and Fragrance shower gel.
87GF Score
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