CE Technology Bhd (XKLS:03024) Current Ratio: 1.39 (As of Jan. 2026) — 12% Below Median


XKLS:03024 CE Technology Bhd XKLS:03024
72 GF Score
Price RM0.85
GF Value RM1.65
Valuation Significantly Undervalued
! 2 Warning Signs
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What is CE Technology Bhd Current Ratio?

CE Technology Bhd XKLS:03024 72 Current Ratio is 1.39 as of Jan. 2026, which is 12% below its 10-year median of 1.58. GuruFocus rates XKLS:03024 with a GF Score™ of 72/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,609 Chemicals companies, CE Technology Bhd ranks worse than 69.36% 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. CE Technology Bhd's current ratio for the quarter that ended in Jan. 2026 was 1.39.

CE Technology Bhd has a current ratio of 1.39. It generally indicates good short-term financial strength.

The historical rank and industry rank for CE Technology Bhd's Current Ratio or its related term are showing as below:

XKLS:03024' s Current Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.58   Max: 2.65
Current: 1.39

During the past 10 years, CE Technology Bhd's highest Current Ratio was 2.65. The lowest was 0.84. And the median was 1.58.

XKLS:03024's Current Ratio is ranked worse than
69.36% of 1609 companies
in the Chemicals industry
Industry Median: 1.89 vs XKLS:03024: 1.39

CE Technology Bhd  (XKLS:03024) 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.


CE Technology Bhd Current Ratio Related Terms


CE Technology Bhd Current Ratio Historical Data

* Premium members only.

The historical data trend for CE Technology Bhd'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.

CE Technology Bhd Current Ratio Chart

CE Technology Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 1.82 1.32 1.30 1.42

CE Technology Bhd Semi-Annual Data
Jul16 Jul17 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.13 1.30 1.44 1.42 1.39

XKLS:03024 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, CE Technology Bhd'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.


CE Technology Bhd Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, CE Technology Bhd's Current Ratio distribution charts can be found below:

* The bar in red indicates where CE Technology Bhd's Current Ratio falls into.


XKLS:03024
72GF Score
CE Technology Bhd XKLS:03024
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CE Technology Bhd 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.

CE Technology Bhd's Current Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Current Ratio (A: Jul. 2025 )=Total Current Assets (A: Jul. 2025 )/Total Current Liabilities (A: Jul. 2025 )
=48.822/34.3
=1.42

CE Technology Bhd's Current Ratio for the quarter that ended in Jan. 2026 is calculated as

Current Ratio (Q: Jan. 2026 )=Total Current Assets (Q: Jan. 2026 )/Total Current Liabilities (Q: Jan. 2026 )
=49.828/35.844
=1.39

* 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 1.39 mean?
CE Technology Bhd (XKLS:03024) has a Current Ratio of 1.39 as of Jan. 2026. This is 12% below median its historical median of 1.58. Over the past decade, CE Technology Bhd's Current Ratio has ranged from 0.84 to 2.65. According to the industry distribution chart, CE Technology Bhd ranks #1116 out of 1609 companies in the Chemicals industry, placing it in the top 69.4%.
Is CE Technology Bhd's Current Ratio too high?
CE Technology Bhd's current Current Ratio of 1.39 is 12% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 2.65. The Chemicals industry median Current Ratio is 1.89. CE Technology Bhd's value of 1.39 is 26.5% below this industry median. Based on the distribution chart, CE Technology Bhd ranks #1116 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, CE Technology Bhd has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, CE Technology Bhd ranks #1116 out of 1609 companies for Current Ratio. This places CE Technology Bhd in the lower half of its industry. The industry median Current Ratio is 1.89. CE Technology Bhd's value of 1.39 is 26.5% below this benchmark. Historically, CE Technology Bhd's own Current Ratio has ranged from 0.84 to 2.65 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.89, CE Technology Bhd 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,609 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. CE Technology Bhd's current Current Ratio of 1.39 is 26.5% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CE Technology Bhd's current Current Ratio is 1.39, which is 12% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current Current Ratio is 1.39, which is 12% below median its 10-year median of 1.58 and 26.5% below the Chemicals industry median of 1.89. CE Technology Bhd's overall GF Score™ is 72/100 with 2 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 CE Technology Bhd (XKLS:03024), the current Current Ratio is 1.39 as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?

Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued. The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65. GuruFocus considers CE Technology Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:03024:

  • Current Ratio: 1.39 (12% below median its 10-year median of 1.58)
  • GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 26.5% below the Chemicals median (#1116 of 1609)

No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CE Technology Bhd Business Description

Address 11528, Jalan Logam 4, Kawasan Perindustrian Kamunting Raya, West Malaysia, Taiping, PRK, MYS, 34600
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
72GF Score

Get the complete analysis for XKLS:03024

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

RM0.85
Price
RM1.65
GF Value