Man Shun Group (Holdings) (HKSE:01746) Quick Ratio: 6.45 (As of Dec. 2025) — 22% Below 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:01746 Man Shun Group (Holdings) Ltd HKSE:01746
53 GF Score
Price HK$0.48
GF Value HK$0.15
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Man Shun Group (Holdings) Quick Ratio?

Man Shun Group (Holdings) HKSE:01746 +2.13% 53 Quick Ratio is 6.45 as of Dec. 2025, which is 22% below its 10-year median of 8.28. GuruFocus rates HKSE:01746 with a GF Score™ of 53/100 and a GF Value™ of HK$0.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,789 Construction companies, Man Shun Group (Holdings) ranks better than 97.6% 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. Man Shun Group (Holdings)'s quick ratio for the quarter that ended in Dec. 2025 was 6.45.

Man Shun Group (Holdings) has a quick ratio of 6.45. It generally indicates good short-term financial strength.

The historical rank and industry rank for Man Shun Group (Holdings)'s Quick Ratio or its related term are showing as below:

HKSE:01746' s Quick Ratio Range Over the Past 10 Years
Min: 1.62   Med: 8.28   Max: 12.25
Current: 6.45

During the past 11 years, Man Shun Group (Holdings)'s highest Quick Ratio was 12.25. The lowest was 1.62. And the median was 8.28.

HKSE:01746's Quick Ratio is ranked better than
97.6% of 1789 companies
in the Construction industry
Industry Median: 1.29 vs HKSE:01746: 6.45

Man Shun Group (Holdings)  (HKSE:01746) 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.


Man Shun Group (Holdings) Quick Ratio Related Terms


Man Shun Group (Holdings) Quick Ratio Historical Data

* Premium members only.

The historical data trend for Man Shun Group (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.

Man Shun Group (Holdings) Quick Ratio Chart

Man Shun Group (Holdings) 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 8.28 12.25 8.27 8.71 6.45

Man Shun Group (Holdings) Semi-Annual Data
Dec15 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 8.27 14.73 8.71 9.94 6.45

HKSE:01746 vs PWR, FIX, EME: Quick Ratio Comparison

For the Engineering & Construction subindustry, Man Shun Group (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.


Man Shun Group (Holdings) Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Man Shun Group (Holdings)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where Man Shun Group (Holdings)'s Quick Ratio falls into.


HKSE:01746
53GF Score
Man Shun Group (Holdings) Ltd HKSE:01746
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Man Shun Group (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.

Man Shun Group (Holdings)'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
=(137.949-2.337)/21.037
=6.45

Man Shun Group (Holdings)'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
=(137.949-2.337)/21.037
=6.45

* 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 6.45 mean?
Man Shun Group (Holdings) (HKSE:01746) has a Quick Ratio of 6.45 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Man Shun Group (Holdings) and its competitors. This is 22% below median its historical median of 8.28. Over the past decade, Man Shun Group (Holdings)'s Quick Ratio has ranged from 1.62 to 12.25. According to the industry distribution chart, Man Shun Group (Holdings) ranks #43 out of 1789 companies in the Construction industry, placing it in the top 2.4%.
Is Man Shun Group (Holdings)'s Quick Ratio too high?
Man Shun Group (Holdings)'s current Quick Ratio of 6.45 is 22% below median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 12.25. The Construction industry median Quick Ratio is 1.29. Man Shun Group (Holdings)'s value of 6.45 is 400% above this industry median. Based on the distribution chart, Man Shun Group (Holdings) ranks #43 out of 1789 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Man Shun Group (Holdings) has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Shun Group (Holdings)'s Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Man Shun Group (Holdings) ranks #43 out of 1789 companies for Quick Ratio. This places Man Shun Group (Holdings) in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.29. Man Shun Group (Holdings)'s value of 6.45 is 400% above this benchmark. Historically, Man Shun Group (Holdings)'s own Quick Ratio has ranged from 1.62 to 12.25 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 1.29, Man Shun Group (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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,789 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. Man Shun Group (Holdings)'s current Quick Ratio of 6.45 is 400% 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 Man Shun Group (Holdings) and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Shun Group (Holdings)'s current Quick Ratio is 6.45, which is 22% below median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Shun Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Man Shun Group (Holdings) (HKSE:01746) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.48 — trading 220% above its estimated fair value. The current Quick Ratio is 6.45, which is 22% below median its 10-year median of 8.28 and 400% above the Construction industry median of 1.29. Man Shun Group (Holdings)'s overall GF Score™ is 53/100 with 3 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 Man Shun Group (Holdings) (HKSE:01746), the current Quick Ratio is 6.45 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 Man Shun Group (Holdings) (HKSE:01746) Overvalued in 2026?

Based on GuruFocus' analysis, Man Shun Group (Holdings) stock appears to be overvalued. The current stock price of HK$0.48 is trading 220% above its estimated GF Value™ of HK$0.15. GuruFocus considers Man Shun Group (Holdings) to be Significantly Overvalued.

Key valuation signals for HKSE:01746:

  • Quick Ratio: 6.45 (22% below median its 10-year median of 8.28)
  • GF Value™: HK$0.15 vs. price of HK$0.48 (220% above fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 400% above the Construction median (#43 of 1789)

No single metric tells the full story. See the HKSE:01746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Man Shun Group (Holdings) Business Description

Address Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Man Shun Group (Holdings) Ltd is an established HVAC electrical and mechanical (HVAC E&M) engineering services provider in Hong Kong. The group generally focuses on serving new residential property developments projects as a first-tier or second-tier subcontractor in Hong Kong. The HVAC E&M engineering services typically involve installation of HVAC systems, which refers to heat, ventilation and air conditioning systems. All of the group's operations are carried in Hong Kong.
53GF Score

Get the complete analysis for HKSE:01746

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

HK$0.48
Price
HK$0.15
GF Value