Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Novautek Technologies Group (HKSE:00519) 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.
Novautek Technologies Group Quick Ratio Related Terms
Novautek Technologies Group 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.
Novautek Technologies Group Quick Ratio Competitor Comparison
For the Real Estate - Development subindustry, Novautek Technologies Group'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.
Novautek Technologies Group Quick Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Novautek Technologies Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Novautek Technologies Group's Quick Ratio falls into.
Novautek Technologies Group 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.
* 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.
Novautek Technologies Group (HKSE:00519) has a Quick Ratio of 0.38 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Novautek Technologies Group and its competitors. This is 67% below median its historical median of 1.14. Over the past decade, Novautek Technologies Group's Quick Ratio has ranged from 0.38 to 196.02. According to the industry distribution chart, Novautek Technologies Group ranks #1354 out of 1796 companies in the Real Estate industry, placing it in the top 75.4%.
Is Novautek Technologies Group's Quick Ratio too high?
Novautek Technologies Group's current Quick Ratio of 0.38 is 67% below median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 196.02. The Real Estate industry median Quick Ratio is 0.84. Novautek Technologies Group's value of 0.38 is 54.8% below this industry median. Based on the distribution chart, Novautek Technologies Group ranks #1354 out of 1796 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Novautek Technologies Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novautek Technologies Group's Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, Novautek Technologies Group ranks #1354 out of 1796 companies for Quick Ratio. This places Novautek Technologies Group in the lower half of its industry. The industry median Quick Ratio is 0.84. Novautek Technologies Group's value of 0.38 is 54.8% below this benchmark. Historically, Novautek Technologies Group's own Quick Ratio has ranged from 0.38 to 196.02 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 0.84, Novautek Technologies Group 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,796 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. Novautek Technologies Group's current Quick Ratio of 0.38 is 54.8% 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 Novautek Technologies Group and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novautek Technologies Group's current Quick Ratio is 0.38, which is 67% below median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novautek Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Novautek Technologies Group (HKSE:00519) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.15 — trading 114.3% above its estimated fair value. The current Quick Ratio is 0.38, which is 67% below median its 10-year median of 1.14 and 54.8% below the Real Estate industry median of 0.84. Novautek Technologies Group's overall GF Score™ is 32/100 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 Novautek Technologies Group (HKSE:00519), the current Quick Ratio is 0.38 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 Novautek Technologies Group (HKSE:00519) Overvalued in 2026?
Based on GuruFocus' analysis, Novautek Technologies Group stock appears to be overvalued.
The current stock price of HK$0.15 is trading 114.3% above its estimated GF Value™ of HK$0.07.
GuruFocus considers Novautek Technologies Group to be Significantly Overvalued.
Key valuation signals for HKSE:00519:
Quick Ratio: 0.38 (67% below median its 10-year median of 1.14)
GF Value™: HK$0.07 vs. price of HK$0.15 (114.3% above fair value)
Industry Position: 54.8% below the Real Estate median (#1354 of 1796)
No single metric tells the full story. See the HKSE:00519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novautek Technologies Group Ltd is an investment holding company. The company, along with its subsidiaries, is principally engaged in (i) property development; (ii) property investment; (iii) investment holding; and (iv) AI robots. The company derives the majority of its revenue from the Property investment segment. Geographically, it derives maximum revenue from the PRC and the rest from Hong Kong, the Middle East, and Southeast Asia.
32GF Score
Get the complete analysis for HKSE:00519
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:00519 has been successfully added to your 
