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Town Ray HoldingsHKSE:01692 73 Quick Ratio is 1.47 as of Dec. 2025, which is 4% above its 10-year median of 1.42. GuruFocus rates HKSE:01692 with a GF Score™ of 73/100 and a GF Value™ of HK$2.51 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,496 Hardware companies, Town Ray Holdings ranks better than 51.84% on this metric.
Town Ray Holdings (HKSE:01692) 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.
Town Ray Holdings Quick Ratio Related Terms
Town Ray Holdings Quick Ratio Historical Data
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The historical data trend for Town Ray Holdings'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 Consumer Electronics subindustry, Town Ray 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.
Town Ray Holdings Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Town Ray Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Town Ray Holdings'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.
Town Ray Holdings'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.
Town Ray Holdings (HKSE:01692) has a Quick Ratio of 1.47 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Town Ray Holdings and its competitors. This is near median its historical median of 1.42. Over the past decade, Town Ray Holdings' Quick Ratio has ranged from 1.19 to 2.32. According to the industry distribution chart, Town Ray Holdings ranks #1202 out of 2496 companies in the Hardware industry, placing it in the top 48.2%.
Is Town Ray Holdings' Quick Ratio too high?
Town Ray Holdings' current Quick Ratio of 1.47 is near median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.32. The Hardware industry median Quick Ratio is 1.43. Town Ray Holdings' value of 1.47 is 2.8% above this industry median. Based on the distribution chart, Town Ray Holdings ranks #1202 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Town Ray Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Town Ray Holdings' Quick Ratio compare to AAPL?
According to the Hardware industry distribution chart, Town Ray Holdings ranks #1202 out of 2496 companies for Quick Ratio. This puts Town Ray Holdings in the upper half of its industry. The industry median Quick Ratio is 1.43. Town Ray Holdings' value of 1.47 is 2.8% above this benchmark. Historically, Town Ray Holdings' own Quick Ratio has ranged from 1.19 to 2.32 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.43, Town Ray Holdings 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 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. Town Ray Holdings's current Quick Ratio of 1.47 is 2.8% 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 Town Ray 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. Town Ray Holdings's current Quick Ratio is 1.47, which is near median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Town Ray Holdings stock overvalued right now?
Based on GuruFocus' analysis, Town Ray Holdings (HKSE:01692) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.51, compared to a current price of HK$1.21 — trading 51.8% below its estimated fair value. The current Quick Ratio is 1.47, which is near median its 10-year median of 1.42 and 2.8% above the Hardware industry median of 1.43. Town Ray Holdings' overall GF Score™ is 73/100 with 6 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 Town Ray Holdings (HKSE:01692), the current Quick Ratio is 1.47 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 Town Ray Holdings (HKSE:01692) Overvalued in 2026?
Based on GuruFocus' analysis, Town Ray Holdings stock appears to be undervalued.
The current stock price of HK$1.21 is trading 51.8% below its estimated GF Value™ of HK$2.51.
GuruFocus considers Town Ray Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:01692:
Quick Ratio: 1.47 (near median its 10-year median of 1.42)
GF Value™: HK$2.51 vs. price of HK$1.21 (51.8% below fair value)
Industry Position: 2.8% above the Hardware median (#1202 of 2496)
No single metric tells the full story. See the HKSE:01692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.
73GF Score
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