Chongqing Wangcheng Technology Co (BJSE:920896) Quick Ratio: 2.06 (As of Mar. 2026) — 75% Above Median

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BJSE:920896 Chongqing Wangcheng Technology Co Ltd BJSE:920896
70 GF Score
Price ¥12.36
GF Value ¥16.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Chongqing Wangcheng Technology Co Quick Ratio?

Chongqing Wangcheng Technology Co BJSE:920896 70 Quick Ratio is 2.06 as of Mar. 2026, which is 75% above its 10-year median of 1.18. GuruFocus rates BJSE:920896 with a GF Score™ of 70/100 and a GF Value™ of ¥16.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,329 Vehicles & Parts companies, Chongqing Wangcheng Technology Co ranks better than 82.17% 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. Chongqing Wangcheng Technology Co's quick ratio for the quarter that ended in Mar. 2026 was 2.06.

Chongqing Wangcheng Technology Co has a quick ratio of 2.06. It generally indicates good short-term financial strength.

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

BJSE:920896' s Quick Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.18   Max: 2.31
Current: 2.06

During the past 13 years, Chongqing Wangcheng Technology Co's highest Quick Ratio was 2.31. The lowest was 0.75. And the median was 1.18.

BJSE:920896's Quick Ratio is ranked better than
82.17% of 1329 companies
in the Vehicles & Parts industry
Industry Median: 1.05 vs BJSE:920896: 2.06

Chongqing Wangcheng Technology Co  (BJSE:920896) 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.


Chongqing Wangcheng Technology Co Quick Ratio Related Terms


Chongqing Wangcheng Technology Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Wangcheng 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.

Chongqing Wangcheng Technology Co Quick Ratio Chart

Chongqing Wangcheng 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 1.08 0.76 1.55 1.89 1.88

Chongqing Wangcheng Technology 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 2.17 1.96 1.90 1.88 2.06

BJSE:920896 vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Chongqing Wangcheng 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.


Chongqing Wangcheng Technology Co Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Wangcheng Technology Co's Quick Ratio distribution charts can be found below:

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


BJSE:920896
70GF Score
Chongqing Wangcheng Technology Co Ltd BJSE:920896
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chongqing Wangcheng 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.

Chongqing Wangcheng 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
=(316.768-79.553)/126.053
=1.88

Chongqing Wangcheng 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
=(316.079-85.773)/111.686
=2.06

* 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 2.06 mean?
Chongqing Wangcheng Technology Co (BJSE:920896) has a Quick Ratio of 2.06 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chongqing Wangcheng Technology Co and its competitors. This is 75% above median its historical median of 1.18. Over the past decade, Chongqing Wangcheng Technology Co's Quick Ratio has ranged from 0.75 to 2.31. According to the industry distribution chart, Chongqing Wangcheng Technology Co ranks #237 out of 1329 companies in the Vehicles & Parts industry, placing it in the top 17.8%.
Is Chongqing Wangcheng Technology Co's Quick Ratio too high?
Chongqing Wangcheng Technology Co's current Quick Ratio of 2.06 is 75% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.31. The Vehicles & Parts industry median Quick Ratio is 1.05. Chongqing Wangcheng Technology Co's value of 2.06 is 96.2% above this industry median. Based on the distribution chart, Chongqing Wangcheng Technology Co ranks #237 out of 1329 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Wangcheng Technology Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Wangcheng Technology Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chongqing Wangcheng Technology Co ranks #237 out of 1329 companies for Quick Ratio. This places Chongqing Wangcheng Technology Co in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. Chongqing Wangcheng Technology Co's value of 2.06 is 96.2% above this benchmark. Historically, Chongqing Wangcheng Technology Co's own Quick Ratio has ranged from 0.75 to 2.31 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.05, Chongqing Wangcheng Technology 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 a Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,329 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. Chongqing Wangcheng Technology Co's current Quick Ratio of 2.06 is 96.2% 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 Chongqing Wangcheng Technology Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Wangcheng Technology Co's current Quick Ratio is 2.06, which is 75% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Wangcheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Wangcheng Technology Co (BJSE:920896) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥16.53, compared to a current price of ¥12.36 — trading 25.2% below its estimated fair value. The current Quick Ratio is 2.06, which is 75% above median its 10-year median of 1.18 and 96.2% above the Vehicles & Parts industry median of 1.05. Chongqing Wangcheng Technology Co's overall GF Score™ is 70/100 with 3 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 Chongqing Wangcheng Technology Co (BJSE:920896), the current Quick Ratio is 2.06 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 Chongqing Wangcheng Technology Co (BJSE:920896) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Wangcheng Technology Co stock appears to be undervalued. The current stock price of ¥12.36 is trading 25.2% below its estimated GF Value™ of ¥16.53. GuruFocus considers Chongqing Wangcheng Technology Co to be Modestly Undervalued.

Key valuation signals for BJSE:920896:

  • Quick Ratio: 2.06 (75% above median its 10-year median of 1.18)
  • GF Value™: ¥16.53 vs. price of ¥12.36 (25.2% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 96.2% above the Vehicles & Parts median (#237 of 1329)

No single metric tells the full story. See the BJSE:920896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Wangcheng Technology Co Business Description

Address No. 37 Zhenhua Road, Shapingba District, Chongqing, CHN, 401331
Chongqing Wangcheng Technology Co Ltd engages in research, development, production, and sales of friction materials for gears, clutches, and transmissions. It produces gears, clutches, and other products. The firm supplies its products in motorcycles, terrain vehicles, cars, wind power equipment, agricultural machines, and other fields. The company's products include two main categories: gears and clutches, mainly used in motorcycles, automobiles, all-terrain vehicles, and agricultural machinery.
70GF Score

Get the complete analysis for BJSE:920896

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

¥12.36
Price
¥16.53
GF Value