Precision Tsugami (China) (HKSE:01651) Quick Ratio: 2.93 (As of Mar. 2026) — 66% Above Median

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HKSE:01651 Precision Tsugami (China) Corp Ltd HKSE:01651
81 GF Score
Price HK$52.35
GF Value HK$20.43
Valuation Significantly Overvalued
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What is Precision Tsugami (China) Quick Ratio?

Precision Tsugami (China) HKSE:01651 +1.95% 81 Quick Ratio is 2.93 as of Mar. 2026, which is 66% above its 10-year median of 1.76. GuruFocus rates HKSE:01651 with a GF Score™ of 81/100 and a GF Value™ of HK$20.43 (Significantly Overvalued). Among 3,083 Industrial Products companies, Precision Tsugami (China) ranks better than 83.04% 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. Precision Tsugami (China)'s quick ratio for the quarter that ended in Mar. 2026 was 2.93.

Precision Tsugami (China) has a quick ratio of 2.93. It generally indicates good short-term financial strength.

The historical rank and industry rank for Precision Tsugami (China)'s Quick Ratio or its related term are showing as below:

HKSE:01651' s Quick Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.76   Max: 2.93
Current: 2.93

During the past 12 years, Precision Tsugami (China)'s highest Quick Ratio was 2.93. The lowest was 0.72. And the median was 1.76.

HKSE:01651's Quick Ratio is ranked better than
83.04% of 3083 companies
in the Industrial Products industry
Industry Median: 1.37 vs HKSE:01651: 2.93

Precision Tsugami (China)  (HKSE:01651) 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.


Precision Tsugami (China) Quick Ratio Related Terms


Precision Tsugami (China) Quick Ratio Historical Data

* Premium members only.

The historical data trend for Precision Tsugami (China)'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.

Precision Tsugami (China) Quick Ratio Chart

Precision Tsugami (China) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 2.08 2.61 2.74 2.93

Precision Tsugami (China) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.61 2.96 2.74 3.24 2.93

HKSE:01651 vs SNA, RBC, SWK: Quick Ratio Comparison

For the Tools & Accessories subindustry, Precision Tsugami (China)'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.


Precision Tsugami (China) Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Tsugami (China)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where Precision Tsugami (China)'s Quick Ratio falls into.


HKSE:01651
81GF Score
Precision Tsugami (China) Corp Ltd HKSE:01651
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precision Tsugami (China) 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.

Precision Tsugami (China)'s Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4926.231-996.256)/1341.286
=2.93

Precision Tsugami (China)'s Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4926.231-996.256)/1341.286
=2.93

* 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 2.93 mean?
Precision Tsugami (China) (HKSE:01651) has a Quick Ratio of 2.93 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Precision Tsugami (China) and its competitors. This is 66% above median its historical median of 1.76. Over the past decade, Precision Tsugami (China)'s Quick Ratio has ranged from 0.72 to 2.93. According to the industry distribution chart, Precision Tsugami (China) ranks #523 out of 3083 companies in the Industrial Products industry, placing it in the top 17%.
Is Precision Tsugami (China)'s Quick Ratio too high?
Precision Tsugami (China)'s current Quick Ratio of 2.93 is 66% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.93. The Industrial Products industry median Quick Ratio is 1.37. Precision Tsugami (China)'s value of 2.93 is 113.9% above this industry median. Based on the distribution chart, Precision Tsugami (China) ranks #523 out of 3083 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Precision Tsugami (China) has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Tsugami (China)'s Quick Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Precision Tsugami (China) ranks #523 out of 3083 companies for Quick Ratio. This places Precision Tsugami (China) in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.37. Precision Tsugami (China)'s value of 2.93 is 113.9% above this benchmark. Historically, Precision Tsugami (China)'s own Quick Ratio has ranged from 0.72 to 2.93 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.37, Precision Tsugami (China) 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.37, based on 3,083 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. Precision Tsugami (China)'s current Quick Ratio of 2.93 is 113.9% 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 Precision Tsugami (China) and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Tsugami (China)'s current Quick Ratio is 2.93, which is 66% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Tsugami (China) stock overvalued right now?
Based on GuruFocus' analysis, Precision Tsugami (China) (HKSE:01651) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$20.43, compared to a current price of HK$52.35 — trading 156.2% above its estimated fair value. The current Quick Ratio is 2.93, which is 66% above median its 10-year median of 1.76 and 113.9% above the Industrial Products industry median of 1.37. Precision Tsugami (China)'s overall GF Score™ is 81/100. 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 Precision Tsugami (China) (HKSE:01651), the current Quick Ratio is 2.93 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 Precision Tsugami (China) (HKSE:01651) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Tsugami (China) stock appears to be overvalued. The current stock price of HK$52.35 is trading 156.2% above its estimated GF Value™ of HK$20.43. GuruFocus considers Precision Tsugami (China) to be Significantly Overvalued.

Key valuation signals for HKSE:01651:

  • Quick Ratio: 2.93 (66% above median its 10-year median of 1.76)
  • GF Value™: HK$20.43 vs. price of HK$52.35 (156.2% above fair value)
  • GF Score™: 81/100
  • Industry Position: 113.9% above the Industrial Products median (#523 of 3083)

No single metric tells the full story. See the HKSE:01651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Precision Tsugami (China) Business Description

Address No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200
Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centers, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the USA, Southeast Asia and other countries.
81GF Score

Get the complete analysis for HKSE:01651

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

HK$52.35
Price
HK$20.43
GF Value