Hiyes International Co (TPE:2348) Current Ratio: 2.46 (As of Dec. 2025) — 16% Below Median


TPE:2348 Hiyes International Co Ltd TPE:2348
74 GF Score
Price NT$76.10
GF Value NT$116.72
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is Hiyes International Co Current Ratio?

Hiyes International Co TPE:2348 +1.87% 74 Current Ratio is 2.46 as of Dec. 2025, which is 16% below its 10-year median of 2.92. GuruFocus rates TPE:2348 with a GF Score™ of 74/100 and a GF Value™ of NT$116.72 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 1,792 Real Estate companies, Hiyes International Co ranks better than 69.03% 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. Hiyes International Co's current ratio for the quarter that ended in Dec. 2025 was 2.46.

Hiyes International Co has a current ratio of 2.46. It generally indicates good short-term financial strength.

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

TPE:2348' s Current Ratio Range Over the Past 10 Years
Min: 2.13   Med: 2.92   Max: 5.41
Current: 2.46

During the past 13 years, Hiyes International Co's highest Current Ratio was 5.41. The lowest was 2.13. And the median was 2.92.

TPE:2348's Current Ratio is ranked better than
69.03% of 1792 companies
in the Real Estate industry
Industry Median: 1.695 vs TPE:2348: 2.46

Hiyes International Co  (TPE:2348) 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.


Hiyes International Co Current Ratio Related Terms


Hiyes International Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Hiyes International 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.

Hiyes International Co Current Ratio Chart

Hiyes International 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 3.72 2.93 3.12 2.66 2.46

Hiyes International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.66 3.84 3.15 2.14 2.46

TPE:2348 vs CBRE, BEKE, JLL: Current Ratio Comparison

For the Real Estate Services subindustry, Hiyes International 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.


Hiyes International Co Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiyes International Co's Current Ratio distribution charts can be found below:

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


TPE:2348
74GF Score
Hiyes International Co Ltd TPE:2348
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiyes International 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.

Hiyes International 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 )
=35452.905/14435.262
=2.46

Hiyes International Co's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=35452.905/14435.262
=2.46

* 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 2.46 mean?
Hiyes International Co (TPE:2348) has a Current Ratio of 2.46 as of Dec. 2025. This is 16% below median its historical median of 2.92. Over the past decade, Hiyes International Co's Current Ratio has ranged from 2.13 to 5.41. According to the industry distribution chart, Hiyes International Co ranks #555 out of 1792 companies in the Real Estate industry, placing it in the top 31%.
Is Hiyes International Co's Current Ratio too high?
Hiyes International Co's current Current Ratio of 2.46 is 16% below median its 10-year median of 2.92. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 5.41. The Real Estate industry median Current Ratio is 1.70. Hiyes International Co's value of 2.46 is 45.1% above this industry median. Based on the distribution chart, Hiyes International Co ranks #555 out of 1792 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hiyes International Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hiyes International Co's Current Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Hiyes International Co ranks #555 out of 1792 companies for Current Ratio. This puts Hiyes International Co in the upper half of its industry. The industry median Current Ratio is 1.70. Hiyes International Co's value of 2.46 is 45.1% above this benchmark. Historically, Hiyes International Co's own Current Ratio has ranged from 2.13 to 5.41 over the past decade. While the company's 10-year median is 2.92 vs. the industry median of 1.70, Hiyes International 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,792 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. Hiyes International Co's current Current Ratio of 2.46 is 45.1% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiyes International Co's current Current Ratio is 2.46, which is 16% below median its own 10-year median of 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiyes International Co stock overvalued right now?
Based on GuruFocus' analysis, Hiyes International Co (TPE:2348) is currently considered Possible Value Trap. The stock's GF Value™ is NT$116.72, compared to a current price of NT$76.10 — trading 34.8% below its estimated fair value. The current Current Ratio is 2.46, which is 16% below median its 10-year median of 2.92 and 45.1% above the Real Estate industry median of 1.70. Hiyes International Co's overall GF Score™ is 74/100 with 11 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 Hiyes International Co (TPE:2348), the current Current Ratio is 2.46 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 Hiyes International Co (TPE:2348) Overvalued in 2026?

Based on GuruFocus' analysis, Hiyes International Co stock appears to be undervalued. The current stock price of NT$76.10 is trading 34.8% below its estimated GF Value™ of NT$116.72. GuruFocus considers Hiyes International Co to be Possible Value Trap.

Key valuation signals for TPE:2348:

  • Current Ratio: 2.46 (16% below median its 10-year median of 2.92)
  • GF Value™: NT$116.72 vs. price of NT$76.10 (34.8% below fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 45.1% above the Real Estate median (#555 of 1792)

No single metric tells the full story. See the TPE:2348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiyes International Co Business Description

Address No. 260, Dunhua North Road, 7th Floor, Songshan District, Taipei, TWN
Hiyes International Co Ltd operates in the real estate industry. The Company has two reporting segments: the agency sales segment of real estate, and the construction segment, in which the former engages in the brokerage of real estate sales, and the construction segment engages in the operation and construction of residential houses, sales of real estate, and other related businesses.
74GF Score

Get the complete analysis for TPE:2348

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$76.10
Price
NT$116.72
GF Value