Yangtzekiang Garment (HKSE:00294) Quick Ratio: 7.91 (As of Mar. 2026) — 70% Above Median

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HKSE:00294 Yangtzekiang Garment Ltd HKSE:00294
40 GF Score
Price HK$1.00
GF Value HK$0.81
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Yangtzekiang Garment Quick Ratio?

Yangtzekiang Garment HKSE:00294 +1.01% 40 Quick Ratio is 7.91 as of Mar. 2026, which is 70% above its 10-year median of 4.66. GuruFocus rates HKSE:00294 with a GF Score™ of 40/100 and a GF Value™ of HK$0.81 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Yangtzekiang Garment ranks better than 95.22% 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. Yangtzekiang Garment's quick ratio for the quarter that ended in Mar. 2026 was 7.91.

Yangtzekiang Garment has a quick ratio of 7.91. It generally indicates good short-term financial strength.

The historical rank and industry rank for Yangtzekiang Garment's Quick Ratio or its related term are showing as below:

HKSE:00294' s Quick Ratio Range Over the Past 10 Years
Min: 3.64   Med: 4.66   Max: 7.91
Current: 7.91

During the past 13 years, Yangtzekiang Garment's highest Quick Ratio was 7.91. The lowest was 3.64. And the median was 4.66.

HKSE:00294's Quick Ratio is ranked better than
95.22% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs HKSE:00294: 7.91

Yangtzekiang Garment  (HKSE:00294) 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.


Yangtzekiang Garment Quick Ratio Related Terms


Yangtzekiang Garment Quick Ratio Historical Data

* Premium members only.

The historical data trend for Yangtzekiang Garment'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.

Yangtzekiang Garment Quick Ratio Chart

Yangtzekiang Garment 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 3.91 6.39 7.16 7.16 7.91

Yangtzekiang Garment 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 7.16 5.63 7.16 5.49 7.91

HKSE:00294 vs RL, LEVI, VFC: Quick Ratio Comparison

For the Apparel Manufacturing subindustry, Yangtzekiang Garment'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.


Yangtzekiang Garment Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yangtzekiang Garment's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Yangtzekiang Garment's Quick Ratio falls into.


HKSE:00294
40GF Score
Yangtzekiang Garment Ltd HKSE:00294
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Yangtzekiang Garment 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.

Yangtzekiang Garment'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
=(359.56-3.267)/45.023
=7.91

Yangtzekiang Garment'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
=(359.56-3.267)/45.023
=7.91

* 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 7.91 mean?
Yangtzekiang Garment (HKSE:00294) has a Quick Ratio of 7.91 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Yangtzekiang Garment and its competitors. This is 70% above median its historical median of 4.66. Over the past decade, Yangtzekiang Garment's Quick Ratio has ranged from 3.64 to 7.91. According to the industry distribution chart, Yangtzekiang Garment ranks #51 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.8%.
Is Yangtzekiang Garment's Quick Ratio too high?
Yangtzekiang Garment's current Quick Ratio of 7.91 is 70% above median its 10-year median of 4.66. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 7.91. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.09. Yangtzekiang Garment's value of 7.91 is 625.7% above this industry median. Based on the distribution chart, Yangtzekiang Garment ranks #51 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Yangtzekiang Garment has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yangtzekiang Garment's Quick Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Yangtzekiang Garment ranks #51 out of 1066 companies for Quick Ratio. This places Yangtzekiang Garment in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.09. Yangtzekiang Garment's value of 7.91 is 625.7% above this benchmark. Historically, Yangtzekiang Garment's own Quick Ratio has ranged from 3.64 to 7.91 over the past decade. While the company's 10-year median is 4.66 vs. the industry median of 1.09, Yangtzekiang Garment 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.09, based on 1,066 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. Yangtzekiang Garment's current Quick Ratio of 7.91 is 625.7% 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 Yangtzekiang Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yangtzekiang Garment's current Quick Ratio is 7.91, which is 70% above median its own 10-year median of 4.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangtzekiang Garment stock overvalued right now?
Based on GuruFocus' analysis, Yangtzekiang Garment (HKSE:00294) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.81, compared to a current price of HK$1.00 — trading 23.5% above its estimated fair value. The current Quick Ratio is 7.91, which is 70% above median its 10-year median of 4.66 and 625.7% above the Manufacturing - Apparel & Accessories industry median of 1.09. Yangtzekiang Garment's overall GF Score™ is 40/100 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 Yangtzekiang Garment (HKSE:00294), the current Quick Ratio is 7.91 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 Yangtzekiang Garment (HKSE:00294) Overvalued in 2026?

Based on GuruFocus' analysis, Yangtzekiang Garment stock appears to be overvalued. The current stock price of HK$1.00 is trading 23.5% above its estimated GF Value™ of HK$0.81. GuruFocus considers Yangtzekiang Garment to be Modestly Overvalued.

Key valuation signals for HKSE:00294:

  • Quick Ratio: 7.91 (70% above median its 10-year median of 4.66)
  • GF Value™: HK$0.81 vs. price of HK$1.00 (23.5% above fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 625.7% above the Manufacturing - Apparel & Accessories median (#51 of 1066)

No single metric tells the full story. See the HKSE:00294 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yangtzekiang Garment Business Description

Address 22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
Yangtzekiang Garment Ltd is a Hong Kong-based company principally engaged in garment and property businesses. The company operates through three segments; Manufacture and sale of garments and textiles segment which generates revenue. This segment also covers the provision of garment processing services. Interests in the joint ventures segment are engaged in the manufacture and sales of textile yarn products through its joint ventures. The property leasing segment is engaged in the leasing of commercial and industrial properties.
40GF Score

Get the complete analysis for HKSE:00294

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

HK$1.00
Price
HK$0.81
GF Value