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China Conch Environment Protection Holdings has a quick ratio of 0.69. It indicates that the company cannot currently fully pay back its current liabilities.
China Conch Environment Protection Holdings (HKSE:00587) 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.
China Conch Environment Protection Holdings Quick Ratio Related Terms
China Conch Environment Protection 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.
China Conch Environment Protection Holdings Quick Ratio Chart
China Conch Environment Protection Holdings Annual Data
HKSE:00587 vs WM, RSG, WCN: Quick Ratio Comparison
For the Waste Management subindustry, China Conch Environment Protection 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.
China Conch Environment Protection Holdings Quick Ratio vs Waste Management Industry
China Conch Environment Protection 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.
China Conch Environment Protection Holdings (HKSE:00587) has a Quick Ratio of 0.69 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Conch Environment Protection Holdings and its competitors. This is near median its historical median of 0.68. Over the past decade, China Conch Environment Protection Holdings' Quick Ratio has ranged from 0.51 to 1.16. According to the industry distribution chart, China Conch Environment Protection Holdings ranks #207 out of 247 companies in the Waste Management industry, placing it in the top 83.8%.
Is China Conch Environment Protection Holdings' Quick Ratio too high?
China Conch Environment Protection Holdings' current Quick Ratio of 0.69 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.16. The Waste Management industry median Quick Ratio is 1.38. China Conch Environment Protection Holdings' value of 0.69 is 50% below this industry median. Based on the distribution chart, China Conch Environment Protection Holdings ranks #207 out of 247 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, China Conch Environment Protection Holdings has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Conch Environment Protection Holdings' Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, China Conch Environment Protection Holdings ranks #207 out of 247 companies for Quick Ratio. This places China Conch Environment Protection Holdings in the lower half of its industry. The industry median Quick Ratio is 1.38. China Conch Environment Protection Holdings' value of 0.69 is 50% below this benchmark. Historically, China Conch Environment Protection Holdings' own Quick Ratio has ranged from 0.51 to 1.16 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.38, China Conch Environment Protection 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.38, based on 247 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. China Conch Environment Protection Holdings's current Quick Ratio of 0.69 is 50% 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 China Conch Environment Protection Holdings and its competitors. For the Waste Management industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Conch Environment Protection Holdings's current Quick Ratio is 0.69, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Conch Environment Protection Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Conch Environment Protection Holdings (HKSE:00587) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.94, compared to a current price of HK$0.27 — trading 71.3% below its estimated fair value. The current Quick Ratio is 0.69, which is near median its 10-year median of 0.68 and 50% below the Waste Management industry median of 1.38. China Conch Environment Protection Holdings' overall GF Score™ is 57/100 with 7 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 China Conch Environment Protection Holdings (HKSE:00587), the current Quick Ratio is 0.69 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 China Conch Environment Protection Holdings (HKSE:00587) Overvalued in 2026?
Based on GuruFocus' analysis, China Conch Environment Protection Holdings stock appears to be undervalued.
The current stock price of HK$0.27 is trading 71.3% below its estimated GF Value™ of HK$0.94.
GuruFocus considers China Conch Environment Protection Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00587:
Quick Ratio: 0.69 (near median its 10-year median of 0.68)
GF Value™: HK$0.94 vs. price of HK$0.27 (71.3% below fair value)
Industry Position: 50% below the Waste Management median (#207 of 247)
No single metric tells the full story. See the HKSE:00587 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Conch Environment Protection Holdings Ltd provides treatment solutions for industrial solid waste and hazardous waste, utilizing cement kiln waste treatment technologies in People's Republic of China. The company operates in a single segment of providing industrial solid waste and hazardous waste treatment services. It derives revenue from Industrial hazardous waste treatment services which includes general hazardous waste, oil sludge, fly ash, industrial solid waste treatment services, and Comprehensive resource utilization. Geographically, its revenue is derived from the PRC.
57GF Score
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