Wuhan Honghai Technology Co (BJSE:920108) Quick Ratio: 0.85 (As of Mar. 2026) — 46% Below Median

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BJSE:920108 Wuhan Honghai Technology Co Ltd BJSE:920108
30 GF Score
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What is Wuhan Honghai Technology Co Quick Ratio?

Wuhan Honghai Technology Co BJSE:920108 30 Quick Ratio is 0.85 as of Mar. 2026, which is 46% below its 10-year median of 1.58. GuruFocus rates BJSE:920108 with a GF Score™ of 30/100. The stock has 10 warning signs investors should review. Among 1,791 Construction companies, Wuhan Honghai Technology Co ranks worse than 81.3% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Wuhan Honghai Technology Co's quick ratio for the quarter that ended in Mar. 2026 was 0.85.

Wuhan Honghai Technology Co has a quick ratio of 0.85. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Wuhan Honghai Technology Co's Quick Ratio or its related term are showing as below:

BJSE:920108' s Quick Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.58   Max: 4.82
Current: 0.85

During the past 13 years, Wuhan Honghai Technology Co's highest Quick Ratio was 4.82. The lowest was 0.65. And the median was 1.58.

BJSE:920108's Quick Ratio is ranked worse than
81.3% of 1791 companies
in the Construction industry
Industry Median: 1.29 vs BJSE:920108: 0.85

Wuhan Honghai Technology Co  (BJSE:920108) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Wuhan Honghai Technology Co Quick Ratio Related Terms


Wuhan Honghai Technology Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Wuhan Honghai Technology Co's Quick 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.

Wuhan Honghai Technology Co Quick Ratio Chart

Wuhan Honghai Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.54 1.54 0.65 0.92

Wuhan Honghai Technology Co Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 0.98 1.08 1.04 0.92 0.85

BJSE:920108 vs TT, JCI, CARR: Quick Ratio Comparison

For the Building Products & Equipment subindustry, Wuhan Honghai Technology Co's Quick Ratio, along with its competitors' market caps and Quick 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.


Wuhan Honghai Technology Co Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Wuhan Honghai Technology Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Wuhan Honghai Technology Co's Quick Ratio falls into.


BJSE:920108
30GF Score
Wuhan Honghai Technology Co Ltd BJSE:920108
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Wuhan Honghai Technology Co Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Wuhan Honghai Technology Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(432.985-70.82)/392.727
=0.92

Wuhan Honghai Technology Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(521.761-77.273)/520.168
=0.85

* 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 Quick Ratio →
What does a Quick Ratio of 0.85 mean?
Wuhan Honghai Technology Co (BJSE:920108) has a Quick Ratio of 0.85 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wuhan Honghai Technology Co and its competitors. This is 46% below median its historical median of 1.58. Over the past decade, Wuhan Honghai Technology Co's Quick Ratio has ranged from 0.65 to 4.82. According to the industry distribution chart, Wuhan Honghai Technology Co ranks #1456 out of 1791 companies in the Construction industry, placing it in the top 81.3%.
Is Wuhan Honghai Technology Co's Quick Ratio too high?
Wuhan Honghai Technology Co's current Quick Ratio of 0.85 is 46% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 4.82. The Construction industry median Quick Ratio is 1.29. Wuhan Honghai Technology Co's value of 0.85 is 34.1% below this industry median. Based on the distribution chart, Wuhan Honghai Technology Co ranks #1456 out of 1791 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Wuhan Honghai Technology Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Wuhan Honghai Technology Co's Quick Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Wuhan Honghai Technology Co ranks #1456 out of 1791 companies for Quick Ratio. This places Wuhan Honghai Technology Co in the lower half of its industry. The industry median Quick Ratio is 1.29. Wuhan Honghai Technology Co's value of 0.85 is 34.1% below this benchmark. Historically, Wuhan Honghai Technology Co's own Quick Ratio has ranged from 0.65 to 4.82 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.29, Wuhan Honghai 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 Quick Ratio for a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,791 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wuhan Honghai Technology Co's current Quick Ratio of 0.85 is 34.1% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wuhan Honghai Technology Co and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuhan Honghai Technology Co's current Quick Ratio is 0.85, which is 46% 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 Wuhan Honghai Technology Co stock overvalued right now?
Wuhan Honghai Technology Co (BJSE:920108) has a current Quick Ratio of 0.85. The current Quick Ratio is 0.85, which is 46% below median its 10-year median of 1.58 and 34.1% below the Construction industry median of 1.29. Wuhan Honghai Technology Co's overall GF Score™ is 30/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Wuhan Honghai Technology Co (BJSE:920108), the current Quick Ratio is 0.85 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.

Wuhan Honghai Technology Co Business Description

Address No. 69, Quanli 5th Road, Wuhan Economic and Technological Development Zone, Hubei Province, Wuhan, CHN, 430058
Wuhan Honghai Technology Co Ltd is engaged in Research and development, design, manufacturing and sales of household appliance accessories such as air-conditioning components, heat exchangers, and display components.
30GF Score

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

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