Shandong Wantong Hydraulic Co (BJSE:920839) Quick Ratio: 3.01 (As of Mar. 2026) — 34% Above Median

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BJSE:920839 Shandong Wantong Hydraulic Co Ltd BJSE:920839
89 GF Score
Price ¥24.28
GF Value ¥20.69
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Shandong Wantong Hydraulic Co Quick Ratio?

Shandong Wantong Hydraulic Co BJSE:920839 89 Quick Ratio is 3.01 as of Mar. 2026, which is 34% above its 10-year median of 2.25. GuruFocus rates BJSE:920839 with a GF Score™ of 89/100 and a GF Value™ of ¥20.69 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 3,076 Industrial Products companies, Shandong Wantong Hydraulic Co ranks better than 83.81% 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. Shandong Wantong Hydraulic Co's quick ratio for the quarter that ended in Mar. 2026 was 3.01.

Shandong Wantong Hydraulic Co has a quick ratio of 3.01. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shandong Wantong Hydraulic Co's Quick Ratio or its related term are showing as below:

BJSE:920839' s Quick Ratio Range Over the Past 10 Years
Min: 1.06   Med: 2.25   Max: 4.2
Current: 3.01

During the past 13 years, Shandong Wantong Hydraulic Co's highest Quick Ratio was 4.20. The lowest was 1.06. And the median was 2.25.

BJSE:920839's Quick Ratio is ranked better than
83.81% of 3076 companies
in the Industrial Products industry
Industry Median: 1.38 vs BJSE:920839: 3.01

Shandong Wantong Hydraulic Co  (BJSE:920839) 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.


Shandong Wantong Hydraulic Co Quick Ratio Related Terms


Shandong Wantong Hydraulic Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shandong Wantong Hydraulic 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.

Shandong Wantong Hydraulic Co Quick Ratio Chart

Shandong Wantong Hydraulic 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 2.20 2.21 2.88 2.79 3.39

Shandong Wantong Hydraulic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 2.79 2.81 2.76 3.39 3.01

BJSE:920839 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shandong Wantong Hydraulic 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.


Shandong Wantong Hydraulic Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Wantong Hydraulic Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Shandong Wantong Hydraulic Co's Quick Ratio falls into.


BJSE:920839
89GF Score
Shandong Wantong Hydraulic Co Ltd BJSE:920839
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shandong Wantong Hydraulic 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.

Shandong Wantong Hydraulic 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
=(812.185-102.692)/209.39
=3.39

Shandong Wantong Hydraulic 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
=(875.538-136.158)/245.696
=3.01

* 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 3.01 mean?
Shandong Wantong Hydraulic Co (BJSE:920839) has a Quick Ratio of 3.01 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shandong Wantong Hydraulic Co and its competitors. This is 34% above median its historical median of 2.25. Over the past decade, Shandong Wantong Hydraulic Co's Quick Ratio has ranged from 1.06 to 4.20. According to the industry distribution chart, Shandong Wantong Hydraulic Co ranks #498 out of 3076 companies in the Industrial Products industry, placing it in the top 16.2%.
Is Shandong Wantong Hydraulic Co's Quick Ratio too high?
Shandong Wantong Hydraulic Co's current Quick Ratio of 3.01 is 34% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 4.20. The Industrial Products industry median Quick Ratio is 1.38. Shandong Wantong Hydraulic Co's value of 3.01 is 118.1% above this industry median. Based on the distribution chart, Shandong Wantong Hydraulic Co ranks #498 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Wantong Hydraulic Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Wantong Hydraulic Co's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shandong Wantong Hydraulic Co ranks #498 out of 3076 companies for Quick Ratio. This places Shandong Wantong Hydraulic Co in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Shandong Wantong Hydraulic Co's value of 3.01 is 118.1% above this benchmark. Historically, Shandong Wantong Hydraulic Co's own Quick Ratio has ranged from 1.06 to 4.20 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 1.38, Shandong Wantong Hydraulic 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. Shandong Wantong Hydraulic Co's current Quick Ratio of 3.01 is 118.1% 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 Shandong Wantong Hydraulic 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. Shandong Wantong Hydraulic Co's current Quick Ratio is 3.01, which is 34% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Wantong Hydraulic Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co (BJSE:920839) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥20.69, compared to a current price of ¥24.28 — trading 17.4% above its estimated fair value. The current Quick Ratio is 3.01, which is 34% above median its 10-year median of 2.25 and 118.1% above the Industrial Products industry median of 1.38. Shandong Wantong Hydraulic Co's overall GF Score™ is 89/100 with 1 warning sign 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 Shandong Wantong Hydraulic Co (BJSE:920839), the current Quick Ratio is 3.01 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 Shandong Wantong Hydraulic Co (BJSE:920839) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Wantong Hydraulic Co stock appears to be overvalued. The current stock price of ¥24.28 is trading 17.4% above its estimated GF Value™ of ¥20.69. GuruFocus considers Shandong Wantong Hydraulic Co to be Modestly Overvalued.

Key valuation signals for BJSE:920839:

  • Quick Ratio: 3.01 (34% above median its 10-year median of 2.25)
  • GF Value™: ¥20.69 vs. price of ¥24.28 (17.4% above fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 118.1% above the Industrial Products median (#498 of 3076)

No single metric tells the full story. See the BJSE:920839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Wantong Hydraulic Co Business Description

Address No. 1 Shandong Road, Shandong Province, Wulian County, Rizhao City, CHN, 262300
Shandong Wantong Hydraulic Co Ltd engages in research and development, manufacturing, and sales of hydraulic cylinders, mainly producing automobile hydraulic cylinders and mining hydraulic cylinders. Its product offerings comprise Piston cylinders, Telescopic cylinders, Tie rod cylinders, Side tipper cylinders, Excavator hydraulic cylinders, and Suspension cylinders.
89GF Score

Get the complete analysis for BJSE:920839

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

¥24.28
Price
¥20.69
GF Value