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Leadway Technology Investment Group (HKSE:02086) 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.
Leadway Technology Investment Group Quick Ratio Related Terms
Leadway Technology Investment Group Quick Ratio Historical Data
* 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.
Leadway Technology Investment Group Quick Ratio Chart
HKSE:02086 vs ALLE, MSA, ADT: Quick Ratio Comparison
For the Security & Protection Services subindustry, Leadway Technology Investment Group'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.
Leadway Technology Investment Group Quick Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Leadway Technology Investment Group's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Leadway Technology Investment Group's Quick Ratio falls into.
Leadway Technology Investment Group 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.
* 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.
Leadway Technology Investment Group (HKSE:02086) has a Quick Ratio of 2.22 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Leadway Technology Investment Group and its competitors. This is 18% below median its historical median of 2.71. Over the past decade, Leadway Technology Investment Group's Quick Ratio has ranged from 1.78 to 4.76. According to the industry distribution chart, Leadway Technology Investment Group ranks #377 out of 1091 companies in the Business Services industry, placing it in the top 34.6%.
Is Leadway Technology Investment Group's Quick Ratio too high?
Leadway Technology Investment Group's current Quick Ratio of 2.22 is 18% below median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 4.76. The Business Services industry median Quick Ratio is 1.65. Leadway Technology Investment Group's value of 2.22 is 34.5% above this industry median. Based on the distribution chart, Leadway Technology Investment Group ranks #377 out of 1091 companies in the Business Services industry, which is above the industry midpoint. Overall, Leadway Technology Investment Group has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Leadway Technology Investment Group's Quick Ratio compare to ALLE and MSA?
According to the Business Services industry distribution chart, Leadway Technology Investment Group ranks #377 out of 1091 companies for Quick Ratio. This puts Leadway Technology Investment Group in the upper half of its industry. The industry median Quick Ratio is 1.65. Leadway Technology Investment Group's value of 2.22 is 34.5% above this benchmark. Historically, Leadway Technology Investment Group's own Quick Ratio has ranged from 1.78 to 4.76 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 1.65, Leadway Technology Investment Group 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.65, based on 1,091 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. Leadway Technology Investment Group's current Quick Ratio of 2.22 is 34.5% 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 Leadway Technology Investment Group and its competitors. For the Business Services industry, the median Quick Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leadway Technology Investment Group's current Quick Ratio is 2.22, which is 18% below median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leadway Technology Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Leadway Technology Investment Group (HKSE:02086) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.57, compared to a current price of HK$0.50 — trading 12.3% below its estimated fair value. The current Quick Ratio is 2.22, which is 18% below median its 10-year median of 2.71 and 34.5% above the Business Services industry median of 1.65. Leadway Technology Investment Group's overall GF Score™ is 43/100 with 1 warning sign 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 Leadway Technology Investment Group (HKSE:02086), the current Quick Ratio is 2.22 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 Leadway Technology Investment Group (HKSE:02086) Overvalued in 2026?
Based on GuruFocus' analysis, Leadway Technology Investment Group stock appears to be undervalued.
The current stock price of HK$0.50 is trading 12.3% below its estimated GF Value™ of HK$0.57.
GuruFocus considers Leadway Technology Investment Group to be Modestly Undervalued.
Key valuation signals for HKSE:02086:
Quick Ratio: 2.22 (18% below median its 10-year median of 2.71)
GF Value™: HK$0.57 vs. price of HK$0.50 (12.3% below fair value)
Industry Position: 34.5% above the Business Services median (#377 of 1091)
No single metric tells the full story. See the HKSE:02086 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leadway Technology Investment Group Ltd is an investment holding company. It is smart card reader supplier and is into the research and development of smart card operating systems and readers. It constantly offers a wide range of new products and promotes the application of smart cards in different areas. The principal activities of the Group are the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. The company has only one operating segment. The company has presence in Europe, Asia Pacific, The Americas, and Middle East and Africa. The company generates majority of revenue from Asia Pacific.
43GF Score
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