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New Concepts HoldingsHKSE:02221 -1.64%30 Quick Ratio is 0.65 as of Mar. 2026, which is 38% below its 10-year median of 1.05. GuruFocus rates HKSE:02221 with a GF Score™ of 30/100 and a GF Value™ of HK$0.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,791 Construction companies, New Concepts Holdings ranks worse than 90.73% on this metric.
New Concepts Holdings (HKSE:02221) 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.
New Concepts Holdings Quick Ratio Related Terms
New Concepts Holdings Quick Ratio Historical Data
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The historical data trend for New Concepts 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.
HKSE:02221 vs PWR, FIX, EME: Quick Ratio Comparison
For the Engineering & Construction subindustry, New Concepts 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.
New Concepts Holdings Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, New Concepts Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where New Concepts 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.
New Concepts Holdings's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
New Concepts Holdings (HKSE:02221) has a Quick Ratio of 0.65 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on New Concepts Holdings and its competitors. This is 38% below median its historical median of 1.05. Over the past decade, New Concepts Holdings' Quick Ratio has ranged from 0.53 to 1.31. According to the industry distribution chart, New Concepts Holdings ranks #1625 out of 1791 companies in the Construction industry, placing it in the top 90.7%.
Is New Concepts Holdings' Quick Ratio too high?
New Concepts Holdings' current Quick Ratio of 0.65 is 38% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.31. The Construction industry median Quick Ratio is 1.30. New Concepts Holdings' value of 0.65 is 50% below this industry median. Based on the distribution chart, New Concepts Holdings ranks #1625 out of 1791 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, New Concepts Holdings has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Concepts Holdings' Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, New Concepts Holdings ranks #1625 out of 1791 companies for Quick Ratio. This places New Concepts Holdings in the lower half of its industry. The industry median Quick Ratio is 1.30. New Concepts Holdings' value of 0.65 is 50% below this benchmark. Historically, New Concepts Holdings' own Quick Ratio has ranged from 0.53 to 1.31 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.30, New Concepts Holdings has consistently been below 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 1.30, based on 1,791 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. New Concepts Holdings's current Quick Ratio of 0.65 is 50% below 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 New Concepts Holdings and its competitors. For the Construction industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Concepts Holdings's current Quick Ratio is 0.65, which is 38% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Concepts Holdings stock overvalued right now?
Based on GuruFocus' analysis, New Concepts Holdings (HKSE:02221) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.93, compared to a current price of HK$0.60 — trading 35.5% below its estimated fair value. The current Quick Ratio is 0.65, which is 38% below median its 10-year median of 1.05 and 50% below the Construction industry median of 1.30. New Concepts Holdings' overall GF Score™ is 30/100 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 New Concepts Holdings (HKSE:02221), the current Quick Ratio is 0.65 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 New Concepts Holdings (HKSE:02221) Overvalued in 2026?
Based on GuruFocus' analysis, New Concepts Holdings stock appears to be undervalued.
The current stock price of HK$0.60 is trading 35.5% below its estimated GF Value™ of HK$0.93.
GuruFocus considers New Concepts Holdings to be Possible Value Trap.
Key valuation signals for HKSE:02221:
Quick Ratio: 0.65 (38% below median its 10-year median of 1.05)
GF Value™: HK$0.93 vs. price of HK$0.60 (35.5% below fair value)
Industry Position: 50% below the Construction median (#1625 of 1791)
No single metric tells the full story. See the HKSE:02221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.
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