Cheng Shin Rubber Industry Co has a current ratio of 3.19. 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 Cheng Shin Rubber Industry Co's Current Ratio or its related term are showing as below:
TPE:2105'
s Current Ratio Range Over the Past 10 Years
Min: 1.36 Med: 1.61 Max: 3.19
Current: 3.19
During the past 13 years, Cheng Shin Rubber Industry Co's highest Current Ratio was 3.19. The lowest was 1.36. And the median was 1.61.
TPE:2105's Current Ratio is ranked better than 85.12% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.53
vs TPE:2105: 3.19
Cheng Shin Rubber Industry Co (TPE:2105) 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.
Cheng Shin Rubber Industry Co Current Ratio Related Terms
Cheng Shin Rubber Industry 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.
For the Auto Parts subindustry, Cheng Shin Rubber Industry 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.
Cheng Shin Rubber Industry Co Current Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Cheng Shin Rubber Industry Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Cheng Shin Rubber Industry 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.
Cheng Shin Rubber Industry Co (TPE:2105) has a Current Ratio of 3.19 as of Dec. 2025. This is 98% above median its historical median of 1.61. Over the past decade, Cheng Shin Rubber Industry Co's Current Ratio has ranged from 1.36 to 3.19. According to the industry distribution chart, Cheng Shin Rubber Industry Co ranks #199 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 14.9%.
Is Cheng Shin Rubber Industry Co's Current Ratio too high?
Cheng Shin Rubber Industry Co's current Current Ratio of 3.19 is 98% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 3.19. The Vehicles & Parts industry median Current Ratio is 1.53. Cheng Shin Rubber Industry Co's value of 3.19 is 108.5% above this industry median. Based on the distribution chart, Cheng Shin Rubber Industry Co ranks #199 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Cheng Shin Rubber Industry Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Shin Rubber Industry Co's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Cheng Shin Rubber Industry Co ranks #199 out of 1337 companies for Current Ratio. This places Cheng Shin Rubber Industry Co in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Cheng Shin Rubber Industry Co's value of 3.19 is 108.5% above this benchmark. Historically, Cheng Shin Rubber Industry Co's own Current Ratio has ranged from 1.36 to 3.19 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.53, Cheng Shin Rubber Industry 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Cheng Shin Rubber Industry Co's current Current Ratio of 3.19 is 108.5% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Shin Rubber Industry Co's current Current Ratio is 3.19, which is 98% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Shin Rubber Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co (TPE:2105) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$42.44, compared to a current price of NT$31.70 — trading 25.3% below its estimated fair value. The current Current Ratio is 3.19, which is 98% above median its 10-year median of 1.61 and 108.5% above the Vehicles & Parts industry median of 1.53. Cheng Shin Rubber Industry Co's overall GF Score™ is 77/100 with 4 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 Cheng Shin Rubber Industry Co (TPE:2105), the current Current Ratio is 3.19 as of Dec. 2025. 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 Cheng Shin Rubber Industry Co (TPE:2105) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Shin Rubber Industry Co stock appears to be undervalued.
The current stock price of NT$31.70 is trading 25.3% below its estimated GF Value™ of NT$42.44.
GuruFocus considers Cheng Shin Rubber Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2105:
Current Ratio: 3.19 (98% above median its 10-year median of 1.61)
GF Value™: NT$42.44 vs. price of NT$31.70 (25.3% below fair value)
Industry Position: 108.5% above the Vehicles & Parts median (#199 of 1337)
No single metric tells the full story. See the TPE:2105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Shin Rubber Industry Co Business Description
Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc. Its geographical segments are Taiwan, China, the United States, and Others.
77GF Score
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