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Zhejiang Tianhong Lithiumion Battery (BJSE:920252) 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.
Zhejiang Tianhong Lithiumion Battery Quick Ratio Related Terms
Zhejiang Tianhong Lithiumion Battery Quick 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.
Zhejiang Tianhong Lithiumion Battery Quick Ratio Chart
For the Electrical Equipment & Parts subindustry, Zhejiang Tianhong Lithiumion Battery'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.
Zhejiang Tianhong Lithiumion Battery Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Tianhong Lithiumion Battery's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Tianhong Lithiumion Battery's Quick Ratio falls into.
Zhejiang Tianhong Lithiumion Battery 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.
* 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.
Zhejiang Tianhong Lithiumion Battery (BJSE:920252) has a Quick Ratio of 1.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhejiang Tianhong Lithiumion Battery and its competitors. This is near median its historical median of 1.09. Over the past decade, Zhejiang Tianhong Lithiumion Battery's Quick Ratio has ranged from 0.53 to 3.17. According to the industry distribution chart, Zhejiang Tianhong Lithiumion Battery ranks #1978 out of 3073 companies in the Industrial Products industry, placing it in the top 64.4%.
Is Zhejiang Tianhong Lithiumion Battery's Quick Ratio too high?
Zhejiang Tianhong Lithiumion Battery's current Quick Ratio of 1.09 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 3.17. The Industrial Products industry median Quick Ratio is 1.38. Zhejiang Tianhong Lithiumion Battery's value of 1.09 is 21% below this industry median. Based on the distribution chart, Zhejiang Tianhong Lithiumion Battery ranks #1978 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Zhejiang Tianhong Lithiumion Battery has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tianhong Lithiumion Battery's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Tianhong Lithiumion Battery ranks #1978 out of 3073 companies for Quick Ratio. This places Zhejiang Tianhong Lithiumion Battery in the lower half of its industry. The industry median Quick Ratio is 1.38. Zhejiang Tianhong Lithiumion Battery's value of 1.09 is 21% below this benchmark. Historically, Zhejiang Tianhong Lithiumion Battery's own Quick Ratio has ranged from 0.53 to 3.17 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.38, Zhejiang Tianhong Lithiumion Battery 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,073 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. Zhejiang Tianhong Lithiumion Battery's current Quick Ratio of 1.09 is 21% 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 Zhejiang Tianhong Lithiumion Battery and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Tianhong Lithiumion Battery's current Quick Ratio is 1.09, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tianhong Lithiumion Battery stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tianhong Lithiumion Battery (BJSE:920252) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.62, compared to a current price of ¥15.73 — trading 7.6% above its estimated fair value. The current Quick Ratio is 1.09, which is near median its 10-year median of 1.09 and 21% below the Industrial Products industry median of 1.38. Zhejiang Tianhong Lithiumion Battery's overall GF Score™ is 73/100 with 8 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 Zhejiang Tianhong Lithiumion Battery (BJSE:920252), the current Quick Ratio is 1.09 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.
Is Zhejiang Tianhong Lithiumion Battery (BJSE:920252) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Tianhong Lithiumion Battery stock appears to be overvalued.
The current stock price of ¥15.73 is trading 7.6% above its estimated GF Value™ of ¥14.62.
GuruFocus considers Zhejiang Tianhong Lithiumion Battery to be Fairly Valued.
Key valuation signals for BJSE:920252:
Quick Ratio: 1.09 (near median its 10-year median of 1.09)
GF Value™: ¥14.62 vs. price of ¥15.73 (7.6% above fair value)
Industry Position: 21% below the Industrial Products median (#1978 of 3073)
No single metric tells the full story. See the BJSE:920252 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Tianhong Lithiumion Battery Ltd engages in the research, development, design, assembly, and sales of lithium-ion battery modules. It mainly produces three series of lithium batteries: power type, energy storage type, and industrial lighting. Its products include E-bike batteries, Motorcycle batteries, Forklift batteries, E-scooter batteries, and Energy storage batteries.
73GF Score
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