Shanghai Pioneer Holding (HKSE:01345) Quick Ratio: 2.24 (As of Dec. 2025) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HKSE:01345 Shanghai Pioneer Holding Ltd HKSE:01345
73 GF Score
Price HK$2.24
GF Value HK$1.80
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Shanghai Pioneer Holding Quick Ratio?

Shanghai Pioneer Holding HKSE:01345 -0.44% 73 Quick Ratio is 2.24 as of Dec. 2025, which is 20% above its 10-year median of 1.87. GuruFocus rates HKSE:01345 with a GF Score™ of 73/100 and a GF Value™ of HK$1.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 679 Healthcare Providers & Services companies, Shanghai Pioneer Holding ranks better than 72.16% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Shanghai Pioneer Holding's quick ratio for the quarter that ended in Dec. 2025 was 2.24.

Shanghai Pioneer Holding has a quick ratio of 2.24. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shanghai Pioneer Holding's Quick Ratio or its related term are showing as below:

HKSE:01345' s Quick Ratio Range Over the Past 10 Years
Min: 1.33   Med: 1.87   Max: 2.24
Current: 2.24

During the past 13 years, Shanghai Pioneer Holding's highest Quick Ratio was 2.24. The lowest was 1.33. And the median was 1.87.

HKSE:01345's Quick Ratio is ranked better than
72.16% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs HKSE:01345: 2.24

Shanghai Pioneer Holding  (HKSE:01345) 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.


Shanghai Pioneer Holding Quick Ratio Related Terms


Shanghai Pioneer Holding Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding Quick Ratio Chart

Shanghai Pioneer Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.72 1.56 2.22 2.24

Shanghai Pioneer Holding Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 2.22 2.22 3.45 2.24

Shanghai Pioneer Holding Quick Ratio Competitor Comparison

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding'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.


Shanghai Pioneer Holding Quick Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shanghai Pioneer Holding's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Pioneer Holding's Quick Ratio falls into.


HKSE:01345
73GF Score
Shanghai Pioneer Holding Ltd HKSE:01345
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Pioneer Holding 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.

Shanghai Pioneer Holding's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1078.109-328.229)/334.872
=2.24

Shanghai Pioneer Holding's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1078.109-328.229)/334.872
=2.24

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.24 mean?
Shanghai Pioneer Holding (HKSE:01345) has a Quick Ratio of 2.24 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai Pioneer Holding and its competitors. This is 20% above median its historical median of 1.87. Over the past decade, Shanghai Pioneer Holding's Quick Ratio has ranged from 1.33 to 2.24. According to the industry distribution chart, Shanghai Pioneer Holding ranks #189 out of 679 companies in the Healthcare Providers & Services industry, placing it in the top 27.8%.
Is Shanghai Pioneer Holding's Quick Ratio too high?
Shanghai Pioneer Holding's current Quick Ratio of 2.24 is 20% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.24. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Shanghai Pioneer Holding's value of 2.24 is 69.7% above this industry median. Based on the distribution chart, Shanghai Pioneer Holding ranks #189 out of 679 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Shanghai Pioneer Holding has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Pioneer Holding's Quick Ratio compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Shanghai Pioneer Holding ranks #189 out of 679 companies for Quick Ratio. This puts Shanghai Pioneer Holding in the upper half of its industry. The industry median Quick Ratio is 1.32. Shanghai Pioneer Holding's value of 2.24 is 69.7% above this benchmark. Historically, Shanghai Pioneer Holding's own Quick Ratio has ranged from 1.33 to 2.24 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.32, Shanghai Pioneer Holding 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 Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 679 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. Shanghai Pioneer Holding's current Quick Ratio of 2.24 is 69.7% 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 Shanghai Pioneer Holding and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Pioneer Holding's current Quick Ratio is 2.24, which is 20% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Pioneer Holding stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Pioneer Holding (HKSE:01345) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$1.80, compared to a current price of HK$2.24 — trading 24.4% above its estimated fair value. The current Quick Ratio is 2.24, which is 20% above median its 10-year median of 1.87 and 69.7% above the Healthcare Providers & Services industry median of 1.32. Shanghai Pioneer Holding's overall GF Score™ is 73/100 with 8 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 Shanghai Pioneer Holding (HKSE:01345), the current Quick Ratio is 2.24 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 Shanghai Pioneer Holding (HKSE:01345) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Pioneer Holding stock appears to be overvalued. The current stock price of HK$2.24 is trading 24.4% above its estimated GF Value™ of HK$1.80. GuruFocus considers Shanghai Pioneer Holding to be Modestly Overvalued.

Key valuation signals for HKSE:01345:

  • Quick Ratio: 2.24 (20% above median its 10-year median of 1.87)
  • GF Value™: HK$1.80 vs. price of HK$2.24 (24.4% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 69.7% above the Healthcare Providers & Services median (#189 of 679)

No single metric tells the full story. See the HKSE:01345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Pioneer Holding Business Description

Address No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331
Shanghai Pioneer Holding Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the marketing, promotion, sales, and channel management service for imported pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, odontology, cardiology and wound care products. The majority of its revenue derives from the Sales of medical equipment and supplies. The group operates mainly in the People's Republic of China.
73GF Score

Get the complete analysis for HKSE:01345

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.24
Price
HK$1.80
GF Value