Irico Group New Energy CoHKSE:00438 49 Quick Ratio is 0.52 as of Dec. 2025, which is 4% below its 10-year median of 0.54. GuruFocus rates HKSE:00438 with a GF Score™ of 49/100 and a GF Value™ of HK$2.79 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,028 Semiconductors companies, Irico Group New Energy Co ranks worse than 93.58% on this metric.
Irico Group New Energy Co has a quick ratio of 0.52. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Irico Group New Energy Co's Quick Ratio or its related term are showing as below:
HKSE:00438'
s Quick Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.54 Max: 0.73
Current: 0.52
During the past 13 years, Irico Group New Energy Co's highest Quick Ratio was 0.73. The lowest was 0.42. And the median was 0.54.
HKSE:00438's Quick Ratio is ranked worse than 93.58% of 1028
companies
in the Semiconductors industry
Industry Median: 1.85
vs HKSE:00438: 0.52
Irico Group New Energy Co (HKSE:00438) 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.
Irico Group New Energy Co Quick Ratio Related Terms
Irico Group New Energy Co Quick Ratio Historical Data
* 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.
HKSE:00438 vs FSLR, NXT, ENPH: Quick Ratio Comparison
For the Solar subindustry, Irico Group New Energy 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.
Irico Group New Energy Co Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's Quick Ratio falls into.
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.
Irico Group New Energy Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Irico Group New Energy Co (HKSE:00438) has a Quick Ratio of 0.52 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Irico Group New Energy Co and its competitors. This is near median its historical median of 0.54. Over the past decade, Irico Group New Energy Co's Quick Ratio has ranged from 0.42 to 0.73. According to the industry distribution chart, Irico Group New Energy Co ranks #962 out of 1028 companies in the Semiconductors industry, placing it in the top 93.6%.
Is Irico Group New Energy Co's Quick Ratio too high?
Irico Group New Energy Co's current Quick Ratio of 0.52 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.73. The Semiconductors industry median Quick Ratio is 1.85. Irico Group New Energy Co's value of 0.52 is 71.9% below this industry median. Based on the distribution chart, Irico Group New Energy Co ranks #962 out of 1028 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Irico Group New Energy Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #962 out of 1028 companies for Quick Ratio. This places Irico Group New Energy Co in the lower half of its industry. The industry median Quick Ratio is 1.85. Irico Group New Energy Co's value of 0.52 is 71.9% below this benchmark. Historically, Irico Group New Energy Co's own Quick Ratio has ranged from 0.42 to 0.73 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 1.85, Irico Group New Energy Co 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,028 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. Irico Group New Energy Co's current Quick Ratio of 0.52 is 71.9% 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 Irico Group New Energy Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Irico Group New Energy Co's current Quick Ratio is 0.52, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.79, compared to a current price of HK$1.27 — trading 54.5% below its estimated fair value. The current Quick Ratio is 0.52, which is near median its 10-year median of 0.54 and 71.9% below the Semiconductors industry median of 1.85. Irico Group New Energy Co's overall GF Score™ is 49/100 with 6 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 Irico Group New Energy Co (HKSE:00438), the current Quick Ratio is 0.52 as of Dec. 2025. 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.27 is trading 54.5% below its estimated GF Value™ of HK$2.79.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
Quick Ratio: 0.52 (near median its 10-year median of 0.54)
GF Value™: HK$2.79 vs. price of HK$1.27 (54.5% below fair value)
Industry Position: 71.9% below the Semiconductors median (#962 of 1028)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
49GF Score
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