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Shanghai HYSEA Industrial Communications Co has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.
Shanghai HYSEA Industrial Communications Co (BJSE:920405) 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.
Shanghai HYSEA Industrial Communications Co Quick Ratio Related Terms
Shanghai HYSEA Industrial Communications 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.
Shanghai HYSEA Industrial Communications Co Quick Ratio Chart
Shanghai HYSEA Industrial Communications Co Annual Data
BJSE:920405 vs COHR, KEYS, GRMN: Quick Ratio Comparison
For the Scientific & Technical Instruments subindustry, Shanghai HYSEA Industrial Communications 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.
Shanghai HYSEA Industrial Communications Co Quick Ratio vs Hardware Industry
Shanghai HYSEA Industrial Communications 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.
Shanghai HYSEA Industrial Communications Co (BJSE:920405) has a Quick Ratio of 0.87 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai HYSEA Industrial Communications Co and its competitors. This is 89% below median its historical median of 7.68. Over the past decade, Shanghai HYSEA Industrial Communications Co's Quick Ratio has ranged from 0.87 to 28.27. According to the industry distribution chart, Shanghai HYSEA Industrial Communications Co ranks #1951 out of 2496 companies in the Hardware industry, placing it in the top 78.2%.
Is Shanghai HYSEA Industrial Communications Co's Quick Ratio too high?
Shanghai HYSEA Industrial Communications Co's current Quick Ratio of 0.87 is 89% below median its 10-year median of 7.68. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 28.27. The Hardware industry median Quick Ratio is 1.42. Shanghai HYSEA Industrial Communications Co's value of 0.87 is 38.7% below this industry median. Based on the distribution chart, Shanghai HYSEA Industrial Communications Co ranks #1951 out of 2496 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shanghai HYSEA Industrial Communications Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai HYSEA Industrial Communications Co's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Shanghai HYSEA Industrial Communications Co ranks #1951 out of 2496 companies for Quick Ratio. This places Shanghai HYSEA Industrial Communications Co in the lower half of its industry. The industry median Quick Ratio is 1.42. Shanghai HYSEA Industrial Communications Co's value of 0.87 is 38.7% below this benchmark. Historically, Shanghai HYSEA Industrial Communications Co's own Quick Ratio has ranged from 0.87 to 28.27 over the past decade. While the company's 10-year median is 7.68 vs. the industry median of 1.42, Shanghai HYSEA Industrial Communications 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.42, based on 2,496 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. Shanghai HYSEA Industrial Communications Co's current Quick Ratio of 0.87 is 38.7% 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 Shanghai HYSEA Industrial Communications Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai HYSEA Industrial Communications Co's current Quick Ratio is 0.87, which is 89% below median its own 10-year median of 7.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai HYSEA Industrial Communications Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai HYSEA Industrial Communications Co (BJSE:920405) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.81, compared to a current price of ¥19.18 — trading 19.4% below its estimated fair value. The current Quick Ratio is 0.87, which is 89% below median its 10-year median of 7.68 and 38.7% below the Hardware industry median of 1.42. Shanghai HYSEA Industrial Communications Co's overall GF Score™ is 79/100 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 Shanghai HYSEA Industrial Communications Co (BJSE:920405), the current Quick Ratio is 0.87 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 Shanghai HYSEA Industrial Communications Co (BJSE:920405) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai HYSEA Industrial Communications Co stock appears to be undervalued.
The current stock price of ¥19.18 is trading 19.4% below its estimated GF Value™ of ¥23.81.
GuruFocus considers Shanghai HYSEA Industrial Communications Co to be Modestly Undervalued.
Key valuation signals for BJSE:920405:
Quick Ratio: 0.87 (89% below median its 10-year median of 7.68)
GF Value™: ¥23.81 vs. price of ¥19.18 (19.4% below fair value)
Industry Position: 38.7% below the Hardware median (#1951 of 2496)
No single metric tells the full story. See the BJSE:920405 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai HYSEA Industrial Communications Co Ltd engages in research and development, production, and after-sales service of industrial wireless remote control systems and engineering machinery electrical control system solutions. It caters to various industries including metallurgy, hoisting machinery, engineering machinery, construction machinery, automobile manufacturing, paper making, shipbuilding, nuclear power generation, and other fields.
79GF Score
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