Ningbo Joyson Electronic (FRA:VM2) Quick Ratio: 0.92 (As of Mar. 2026) — Near Median


FRA:VM2 Ningbo Joyson Electronic Corp FRA:VM2
57 GF Score
Price €1.46
GF Value €1.21
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ningbo Joyson Electronic Quick Ratio?

Ningbo Joyson Electronic FRA:VM2 -0.68% 57 Quick Ratio is 0.92 as of Mar. 2026, which is 6% above its 10-year median of 0.87. GuruFocus rates FRA:VM2 with a GF Score™ of 57/100 and a GF Value™ of €1.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Ningbo Joyson Electronic ranks worse than 59.09% 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. Ningbo Joyson Electronic's quick ratio for the quarter that ended in Mar. 2026 was 0.92.

Ningbo Joyson Electronic has a quick ratio of 0.92. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Ningbo Joyson Electronic's Quick Ratio or its related term are showing as below:

FRA:VM2' s Quick Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.87   Max: 1.32
Current: 0.92

During the past 13 years, Ningbo Joyson Electronic's highest Quick Ratio was 1.32. The lowest was 0.66. And the median was 0.87.

FRA:VM2's Quick Ratio is ranked worse than
59.09% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs FRA:VM2: 0.92

Ningbo Joyson Electronic  (FRA:VM2) 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.


Ningbo Joyson Electronic Quick Ratio Related Terms


Ningbo Joyson Electronic Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ningbo Joyson Electronic'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.

Ningbo Joyson Electronic Quick Ratio Chart

Ningbo Joyson Electronic 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 1.00 0.79 0.76 0.76 0.66

Ningbo Joyson Electronic 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 0.77 0.70 0.70 0.66 0.92

FRA:VM2 vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Ningbo Joyson Electronic'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.


Ningbo Joyson Electronic Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ningbo Joyson Electronic's Quick Ratio falls into.


FRA:VM2
57GF Score
Ningbo Joyson Electronic Corp FRA:VM2
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Joyson Electronic 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.

Ningbo Joyson Electronic'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
=(3953.073-1295.222)/4042.694
=0.66

Ningbo Joyson Electronic'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
=(4334.461-1309.737)/3294.807
=0.92

* 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 0.92 mean?
Ningbo Joyson Electronic (FRA:VM2) has a Quick Ratio of 0.92 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ningbo Joyson Electronic and its competitors. This is near median its historical median of 0.87. Over the past decade, Ningbo Joyson Electronic's Quick Ratio has ranged from 0.66 to 1.32. According to the industry distribution chart, Ningbo Joyson Electronic ranks #790 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 59.1%.
Is Ningbo Joyson Electronic's Quick Ratio too high?
Ningbo Joyson Electronic's current Quick Ratio of 0.92 is near median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.32. The Vehicles & Parts industry median Quick Ratio is 1.06. Ningbo Joyson Electronic's value of 0.92 is 13.2% below this industry median. Based on the distribution chart, Ningbo Joyson Electronic ranks #790 out of 1337 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Ningbo Joyson Electronic has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Joyson Electronic's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Joyson Electronic ranks #790 out of 1337 companies for Quick Ratio. This places Ningbo Joyson Electronic in the lower half of its industry. The industry median Quick Ratio is 1.06. Ningbo Joyson Electronic's value of 0.92 is 13.2% below this benchmark. Historically, Ningbo Joyson Electronic's own Quick Ratio has ranged from 0.66 to 1.32 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.06, Ningbo Joyson Electronic 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,337 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. Ningbo Joyson Electronic's current Quick Ratio of 0.92 is 13.2% 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 Ningbo Joyson Electronic and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Joyson Electronic's current Quick Ratio is 0.92, which is near median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Joyson Electronic stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Joyson Electronic (FRA:VM2) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.21, compared to a current price of €1.46 — trading 20.7% above its estimated fair value. The current Quick Ratio is 0.92, which is near median its 10-year median of 0.87 and 13.2% below the Vehicles & Parts industry median of 1.06. Ningbo Joyson Electronic's overall GF Score™ is 57/100 with 4 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 Ningbo Joyson Electronic (FRA:VM2), the current Quick Ratio is 0.92 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 Ningbo Joyson Electronic (FRA:VM2) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Joyson Electronic stock appears to be overvalued. The current stock price of €1.46 is trading 20.7% above its estimated GF Value™ of €1.21. GuruFocus considers Ningbo Joyson Electronic to be Modestly Overvalued.

Key valuation signals for FRA:VM2:

  • Quick Ratio: 0.92 (near median its 10-year median of 0.87)
  • GF Value™: €1.21 vs. price of €1.46 (20.7% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 13.2% below the Vehicles & Parts median (#790 of 1337)

No single metric tells the full story. See the FRA:VM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Joyson Electronic Business Description

Other Exchanges 600699:China
Address No. 99, Qingyi Road, High-tech Zone, Zhejiang, Ningbo, CHN, 315040
Ningbo Joyson Electronic Corp is a key supplier of automotive electronics and automotive safety. It is mainly engaged in the research and development and manufacturing of smart cockpits, smart networking, smart driving, new energy management and automotive safety. It currently has two business divisions, automotive safety and automotive electronics. The automotive electronics segment principally includes intelligent vehicle solutions, covering areas such as cockpit domain controllers, intelligent automotive connectivity, and intelligent driving, as well as human-machine interface products and new energy control systems. The automotive safety segment principally encompasses products such as seat belts, airbags, intelligent steering wheels, and integrated safety solutions.
57GF Score

Get the complete analysis for FRA:VM2

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

€1.46
Price
€1.21
GF Value