Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Changzhou Power Station Auxiliary Equipment Co (BJSE:920396) 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.
Changzhou Power Station Auxiliary Equipment Co Quick Ratio Related Terms
Changzhou Power Station Auxiliary Equipment Co 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.
Changzhou Power Station Auxiliary Equipment Co Quick Ratio Chart
Changzhou Power Station Auxiliary Equipment Co Annual Data
BJSE:920396 vs GEV, ETN, PH: Quick Ratio Comparison
For the Specialty Industrial Machinery subindustry, Changzhou Power Station Auxiliary Equipment 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.
Changzhou Power Station Auxiliary Equipment Co Quick Ratio vs Industrial Products Industry
Changzhou Power Station Auxiliary Equipment 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.
* 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.
Changzhou Power Station Auxiliary Equipment Co (BJSE:920396) has a Quick Ratio of 2.07 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Changzhou Power Station Auxiliary Equipment Co and its competitors. This is near median its historical median of 2.13. Over the past decade, Changzhou Power Station Auxiliary Equipment Co's Quick Ratio has ranged from 1.46 to 3.10. According to the industry distribution chart, Changzhou Power Station Auxiliary Equipment Co ranks #849 out of 3076 companies in the Industrial Products industry, placing it in the top 27.6%.
Is Changzhou Power Station Auxiliary Equipment Co's Quick Ratio too high?
Changzhou Power Station Auxiliary Equipment Co's current Quick Ratio of 2.07 is near median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 3.10. The Industrial Products industry median Quick Ratio is 1.38. Changzhou Power Station Auxiliary Equipment Co's value of 2.07 is 50% above this industry median. Based on the distribution chart, Changzhou Power Station Auxiliary Equipment Co ranks #849 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Changzhou Power Station Auxiliary Equipment Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Changzhou Power Station Auxiliary Equipment Co's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Changzhou Power Station Auxiliary Equipment Co ranks #849 out of 3076 companies for Quick Ratio. This puts Changzhou Power Station Auxiliary Equipment Co in the upper half of its industry. The industry median Quick Ratio is 1.38. Changzhou Power Station Auxiliary Equipment Co's value of 2.07 is 50% above this benchmark. Historically, Changzhou Power Station Auxiliary Equipment Co's own Quick Ratio has ranged from 1.46 to 3.10 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.38, Changzhou Power Station Auxiliary Equipment 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 Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.38, based on 3,076 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. Changzhou Power Station Auxiliary Equipment Co's current Quick Ratio of 2.07 is 50% 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 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 Changzhou Power Station Auxiliary Equipment Co 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. Changzhou Power Station Auxiliary Equipment Co's current Quick Ratio is 2.07, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changzhou Power Station Auxiliary Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Changzhou Power Station Auxiliary Equipment Co (BJSE:920396) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥15.00, compared to a current price of ¥18.62 — trading 24.1% above its estimated fair value. The current Quick Ratio is 2.07, which is near median its 10-year median of 2.13 and 50% above the Industrial Products industry median of 1.38. Changzhou Power Station Auxiliary Equipment Co's overall GF Score™ is 70/100. 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 Changzhou Power Station Auxiliary Equipment Co (BJSE:920396), the current Quick Ratio is 2.07 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 Changzhou Power Station Auxiliary Equipment Co (BJSE:920396) Overvalued in 2026?
Based on GuruFocus' analysis, Changzhou Power Station Auxiliary Equipment Co stock appears to be overvalued.
The current stock price of ¥18.62 is trading 24.1% above its estimated GF Value™ of ¥15.00.
GuruFocus considers Changzhou Power Station Auxiliary Equipment Co to be Modestly Overvalued.
Key valuation signals for BJSE:920396:
Quick Ratio: 2.07 (near median its 10-year median of 2.13)
GF Value™: ¥15.00 vs. price of ¥18.62 (24.1% above fair value)
Industry Position: 50% above the Industrial Products median (#849 of 3076)
No single metric tells the full story. See the BJSE:920396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changzhou Power Station Auxiliary Equipment Co Ltd engages in the research and development, production, and sales of valve actuators. Its product offerings comprise Intelligent valve electric devices, nuclear power products, Integral valve electric devices, Ordinary valve electric devices, Flameproof valve electric devices, Valve manual devices, and pneumatic devices.
70GF Score
Get the complete analysis for BJSE:920396
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJSE:920396 has been successfully added to your 
