GoFintech Quantum Innovation (HKSE:00290) Quick Ratio: 1.96 (As of Mar. 2026) — 11% Above Median

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HKSE:00290 GoFintech Quantum Innovation Ltd HKSE:00290
41 GF Score
Price HK$1.66
! 5 Warning Signs
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What is GoFintech Quantum Innovation Quick Ratio?

GoFintech Quantum Innovation HKSE:00290 +4.09% 41 Quick Ratio is 1.96 as of Mar. 2026, which is 11% above its 10-year median of 1.77. GuruFocus rates HKSE:00290 with a GF Score™ of 41/100. The stock has 5 warning signs investors should review. Among 481 Diversified Financial Services companies, GoFintech Quantum Innovation ranks worse than 54.89% 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. GoFintech Quantum Innovation's quick ratio for the quarter that ended in Mar. 2026 was 1.96.

GoFintech Quantum Innovation has a quick ratio of 1.96. It generally indicates good short-term financial strength.

The historical rank and industry rank for GoFintech Quantum Innovation's Quick Ratio or its related term are showing as below:

HKSE:00290' s Quick Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.77   Max: 3.39
Current: 1.96

During the past 13 years, GoFintech Quantum Innovation's highest Quick Ratio was 3.39. The lowest was 1.24. And the median was 1.77.

HKSE:00290's Quick Ratio is ranked worse than
54.89% of 481 companies
in the Diversified Financial Services industry
Industry Median: 2.7 vs HKSE:00290: 1.96

GoFintech Quantum Innovation  (HKSE:00290) 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.


GoFintech Quantum Innovation Quick Ratio Related Terms


GoFintech Quantum Innovation Quick Ratio Historical Data

* Premium members only.

The historical data trend for GoFintech Quantum Innovation'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.

GoFintech Quantum Innovation Quick Ratio Chart

GoFintech Quantum Innovation Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 2.08 2.97 1.24 1.96

GoFintech Quantum Innovation Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.97 3.32 1.24 1.01 1.96

HKSE:00290 vs FRHC, VOYA: Quick Ratio Comparison

For the Financial Conglomerates subindustry, GoFintech Quantum Innovation'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.


GoFintech Quantum Innovation Quick Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GoFintech Quantum Innovation's Quick Ratio distribution charts can be found below:

* The bar in red indicates where GoFintech Quantum Innovation's Quick Ratio falls into.


HKSE:00290
41GF Score
GoFintech Quantum Innovation Ltd HKSE:00290
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GoFintech Quantum Innovation 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.

GoFintech Quantum Innovation's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4255.834-0)/2169.807
=1.96

GoFintech Quantum Innovation'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
=(4255.834-0)/2169.807
=1.96

* 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 1.96 mean?
GoFintech Quantum Innovation (HKSE:00290) has a Quick Ratio of 1.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on GoFintech Quantum Innovation and its competitors. This is 11% above median its historical median of 1.77. Over the past decade, GoFintech Quantum Innovation's Quick Ratio has ranged from 1.24 to 3.39. According to the industry distribution chart, GoFintech Quantum Innovation ranks #264 out of 481 companies in the Diversified Financial Services industry, placing it in the top 54.9%.
Is GoFintech Quantum Innovation's Quick Ratio too high?
GoFintech Quantum Innovation's current Quick Ratio of 1.96 is 11% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.39. The Diversified Financial Services industry median Quick Ratio is 2.70. GoFintech Quantum Innovation's value of 1.96 is 27.4% below this industry median. Based on the distribution chart, GoFintech Quantum Innovation ranks #264 out of 481 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, GoFintech Quantum Innovation has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does GoFintech Quantum Innovation's Quick Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, GoFintech Quantum Innovation ranks #264 out of 481 companies for Quick Ratio. This places GoFintech Quantum Innovation in the lower half of its industry. The industry median Quick Ratio is 2.70. GoFintech Quantum Innovation's value of 1.96 is 27.4% below this benchmark. Historically, GoFintech Quantum Innovation's own Quick Ratio has ranged from 1.24 to 3.39 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 2.70, GoFintech Quantum Innovation 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 Diversified Financial Services company?
The median Quick Ratio among Diversified Financial Services companies is 2.70, based on 481 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. GoFintech Quantum Innovation's current Quick Ratio of 1.96 is 27.4% 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 GoFintech Quantum Innovation and its competitors. For the Diversified Financial Services industry, the median Quick Ratio is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoFintech Quantum Innovation's current Quick Ratio is 1.96, which is 11% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoFintech Quantum Innovation stock overvalued right now?
GoFintech Quantum Innovation (HKSE:00290) has a current Quick Ratio of 1.96. The current Quick Ratio is 1.96, which is 11% above median its 10-year median of 1.77 and 27.4% below the Diversified Financial Services industry median of 2.70. GoFintech Quantum Innovation's overall GF Score™ is 41/100 with 5 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 GoFintech Quantum Innovation (HKSE:00290), the current Quick Ratio is 1.96 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.

GoFintech Quantum Innovation Business Description

Address 183 Queen’s Road Central, 41st Floor COSCO Tower, Room 4102-06, Hong Kong, HKG
GoFintech Quantum Innovation Ltd Formerly GoFintech Innovation Ltd is a cross-border financial service platform based in Hong Kong backed by the Greater Bay Area. The company's reportable and operating segments are; Securities brokerage and margin financing, Corporate finance, Money lending, Consultancy and Insurance brokerage, Asset management, and Equity investment. It generates maximum revenue from the Securities brokerage and margin financing segment which engages in securities brokerage and margin financing in Hong Kong. Geographically, the company derives a majority of its revenue from Hong Kong and the rest from the People's Republic of China.
41GF Score

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HK$1.66
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