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Zhejiang Shibao CoHKSE:01057 85 Quick Ratio is 1.28 as of Mar. 2026, which is 2% below its 10-year median of 1.31. GuruFocus rates HKSE:01057 with a GF Score™ of 85/100 and a GF Value™ of HK$5.62 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Zhejiang Shibao Co ranks better than 60.78% on this metric.
Zhejiang Shibao Co has a quick ratio of 1.28. It generally indicates good short-term financial strength.
The historical rank and industry rank for Zhejiang Shibao Co's Quick Ratio or its related term are showing as below:
HKSE:01057'
s Quick Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.31 Max: 2.22
Current: 1.28
During the past 13 years, Zhejiang Shibao Co's highest Quick Ratio was 2.22. The lowest was 1.02. And the median was 1.31.
HKSE:01057's Quick Ratio is ranked better than 60.78% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs HKSE:01057: 1.28
Zhejiang Shibao Co (HKSE:01057) 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.
Zhejiang Shibao Co Quick Ratio Related Terms
Zhejiang Shibao Co Quick Ratio Historical Data
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The historical data trend for Zhejiang Shibao Co'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.
For the Auto Parts subindustry, Zhejiang Shibao 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.
Zhejiang Shibao Co Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Shibao Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Shibao 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.
Zhejiang Shibao 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.
Zhejiang Shibao Co (HKSE:01057) has a Quick Ratio of 1.28 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhejiang Shibao Co and its competitors. This is near median its historical median of 1.31. Over the past decade, Zhejiang Shibao Co's Quick Ratio has ranged from 1.02 to 2.22. According to the industry distribution chart, Zhejiang Shibao Co ranks #522 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 39.2%.
Is Zhejiang Shibao Co's Quick Ratio too high?
Zhejiang Shibao Co's current Quick Ratio of 1.28 is near median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.22. The Vehicles & Parts industry median Quick Ratio is 1.06. Zhejiang Shibao Co's value of 1.28 is 20.8% above this industry median. Based on the distribution chart, Zhejiang Shibao Co ranks #522 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Zhejiang Shibao Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shibao Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Shibao Co ranks #522 out of 1331 companies for Quick Ratio. This puts Zhejiang Shibao Co in the upper half of its industry. The industry median Quick Ratio is 1.06. Zhejiang Shibao Co's value of 1.28 is 20.8% above this benchmark. Historically, Zhejiang Shibao Co's own Quick Ratio has ranged from 1.02 to 2.22 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.06, Zhejiang Shibao Co 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,331 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. Zhejiang Shibao Co's current Quick Ratio of 1.28 is 20.8% 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 Zhejiang Shibao Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Shibao Co's current Quick Ratio is 1.28, which is near median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shibao Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shibao Co (HKSE:01057) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$5.62, compared to a current price of HK$3.48 — trading 38.1% below its estimated fair value. The current Quick Ratio is 1.28, which is near median its 10-year median of 1.31 and 20.8% above the Vehicles & Parts industry median of 1.06. Zhejiang Shibao Co's overall GF Score™ is 85/100 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 Zhejiang Shibao Co (HKSE:01057), the current Quick Ratio is 1.28 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 Zhejiang Shibao Co (HKSE:01057) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Shibao Co stock appears to be undervalued.
The current stock price of HK$3.48 is trading 38.1% below its estimated GF Value™ of HK$5.62.
GuruFocus considers Zhejiang Shibao Co to be Significantly Undervalued.
Key valuation signals for HKSE:01057:
Quick Ratio: 1.28 (near median its 10-year median of 1.31)
GF Value™: HK$5.62 vs. price of HK$3.48 (38.1% below fair value)
Industry Position: 20.8% above the Vehicles & Parts median (#522 of 1331)
No single metric tells the full story. See the HKSE:01057 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Shibao Co Ltd is engaged in the development, design, manufacture, and sales of automotive steering gears and other key components and parts of the steering system. The company has five production sites in Hangzhou, Yiwu, Siping, and Wuhu, as well as a group research institute in Hangzhou and an automotive intelligent technology research and development center in Beijing. The company is capable of providing all kinds of steering products for commercial cars, passenger cars, and new energy cars. The company derives a majority of revenue domestically from China.
85GF Score
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