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Wong's Kong King International (Holdings) (HKSE:00532) 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.
Wong's Kong King International (Holdings) Quick Ratio Related Terms
Wong's Kong King International (Holdings) 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.
Wong's Kong King International (Holdings) Quick Ratio Chart
Wong's Kong King International (Holdings) Annual Data
HKSE:00532 vs APH, GLW, TEL: Quick Ratio Comparison
For the Electronic Components subindustry, Wong's Kong King International (Holdings)'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.
Wong's Kong King International (Holdings) Quick Ratio vs Hardware Industry
Wong's Kong King International (Holdings) 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.
Wong's Kong King International (Holdings) (HKSE:00532) has a Quick Ratio of 1.17 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wong's Kong King International (Holdings) and its competitors. This is near median its historical median of 1.18. Over the past decade, Wong's Kong King International (Holdings)'s Quick Ratio has ranged from 1.06 to 1.41. According to the industry distribution chart, Wong's Kong King International (Holdings) ranks #1529 out of 2496 companies in the Hardware industry, placing it in the top 61.3%.
Is Wong's Kong King International (Holdings)'s Quick Ratio too high?
Wong's Kong King International (Holdings)'s current Quick Ratio of 1.17 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.41. The Hardware industry median Quick Ratio is 1.43. Wong's Kong King International (Holdings)'s value of 1.17 is 18.2% below this industry median. Based on the distribution chart, Wong's Kong King International (Holdings) ranks #1529 out of 2496 companies in the Hardware industry, which is below the industry midpoint. Overall, Wong's Kong King International (Holdings) has a GF Score™ of 37/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wong's Kong King International (Holdings)'s Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Wong's Kong King International (Holdings) ranks #1529 out of 2496 companies for Quick Ratio. This places Wong's Kong King International (Holdings) in the lower half of its industry. The industry median Quick Ratio is 1.43. Wong's Kong King International (Holdings)'s value of 1.17 is 18.2% below this benchmark. Historically, Wong's Kong King International (Holdings)'s own Quick Ratio has ranged from 1.06 to 1.41 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.43, Wong's Kong King International (Holdings) 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.43, based on 2,496 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. Wong's Kong King International (Holdings)'s current Quick Ratio of 1.17 is 18.2% 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 Wong's Kong King International (Holdings) and its competitors. For the Hardware industry, the median Quick Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wong's Kong King International (Holdings)'s current Quick Ratio is 1.17, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong's Kong King International (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Wong's Kong King International (Holdings) (HKSE:00532) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$0.31 — trading 26.2% below its estimated fair value. The current Quick Ratio is 1.17, which is near median its 10-year median of 1.18 and 18.2% below the Hardware industry median of 1.43. Wong's Kong King International (Holdings)'s overall GF Score™ is 37/100 with 2 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 Wong's Kong King International (Holdings) (HKSE:00532), the current Quick Ratio is 1.17 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 Wong's Kong King International (Holdings) (HKSE:00532) Overvalued in 2026?
Based on GuruFocus' analysis, Wong's Kong King International (Holdings) stock appears to be undervalued.
The current stock price of HK$0.31 is trading 26.2% below its estimated GF Value™ of HK$0.42.
GuruFocus considers Wong's Kong King International (Holdings) to be Modestly Undervalued.
Key valuation signals for HKSE:00532:
Quick Ratio: 1.17 (near median its 10-year median of 1.18)
GF Value™: HK$0.42 vs. price of HK$0.31 (26.2% below fair value)
Industry Position: 18.2% below the Hardware median (#1529 of 2496)
No single metric tells the full story. See the HKSE:00532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wong's Kong King International (Holdings) Ltd is an investment holding company. Through its subsidiaries, it operates in the following segments: Trading and Distribution, OEM Manufacturing, and Others. Maximum revenue is generated from the Trading and Distribution segment, which is engaged in trading and distribution of chemicals, materials, and equipment used in the manufacturing of printed circuit boards and electronic products. The OEM Manufacturing segment is involved in the manufacturing of electrical and electronic products. Geographically, the Group generates maximum revenue from Hong Kong, the Chinese Mainland and Taiwan, followed by Europe, North America, and Other regions.
37GF Score
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