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.
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.
Swang Chai ChuanHKSE:02321 -1.01%66 Quick Ratio is 2.18 as of Dec. 2025, which is 44% above its 10-year median of 1.51. GuruFocus rates HKSE:02321 with a GF Score™ of 66/100 and a GF Value™ of HK$0.44 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 310 Retail - Defensive companies, Swang Chai Chuan ranks better than 82.26% on this metric.
Swang Chai Chuan (HKSE:02321) 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.
Swang Chai Chuan Quick Ratio Related Terms
Swang Chai Chuan Quick Ratio Historical Data
* Premium members only.
The historical data trend for Swang Chai Chuan'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 Grocery Stores subindustry, Swang Chai Chuan'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.
Swang Chai Chuan Quick Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Swang Chai Chuan's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Swang Chai Chuan'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.
Swang Chai Chuan'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.
Swang Chai Chuan (HKSE:02321) has a Quick Ratio of 2.18 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Swang Chai Chuan and its competitors. This is 44% above median its historical median of 1.51. Over the past decade, Swang Chai Chuan's Quick Ratio has ranged from 1.22 to 2.18. According to the industry distribution chart, Swang Chai Chuan ranks #55 out of 310 companies in the Retail - Defensive industry, placing it in the top 17.7%.
Is Swang Chai Chuan's Quick Ratio too high?
Swang Chai Chuan's current Quick Ratio of 2.18 is 44% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 2.18. The Retail - Defensive industry median Quick Ratio is 0.86. Swang Chai Chuan's value of 2.18 is 153.5% above this industry median. Based on the distribution chart, Swang Chai Chuan ranks #55 out of 310 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Swang Chai Chuan has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swang Chai Chuan's Quick Ratio compare to KR?
According to the Retail - Defensive industry distribution chart, Swang Chai Chuan ranks #55 out of 310 companies for Quick Ratio. This places Swang Chai Chuan in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.86. Swang Chai Chuan's value of 2.18 is 153.5% above this benchmark. Historically, Swang Chai Chuan's own Quick Ratio has ranged from 1.22 to 2.18 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 0.86, Swang Chai Chuan 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 Retail - Defensive company?
The median Quick Ratio among Retail - Defensive companies is 0.86, based on 310 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. Swang Chai Chuan's current Quick Ratio of 2.18 is 153.5% 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 Swang Chai Chuan and its competitors. For the Retail - Defensive industry, the median Quick Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swang Chai Chuan's current Quick Ratio is 2.18, which is 44% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swang Chai Chuan stock overvalued right now?
Based on GuruFocus' analysis, Swang Chai Chuan (HKSE:02321) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.44, compared to a current price of HK$0.49 — trading 11.4% above its estimated fair value. The current Quick Ratio is 2.18, which is 44% above median its 10-year median of 1.51 and 153.5% above the Retail - Defensive industry median of 0.86. Swang Chai Chuan's overall GF Score™ is 66/100 with 8 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 Swang Chai Chuan (HKSE:02321), the current Quick Ratio is 2.18 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 Swang Chai Chuan (HKSE:02321) Overvalued in 2026?
Based on GuruFocus' analysis, Swang Chai Chuan stock appears to be overvalued.
The current stock price of HK$0.49 is trading 11.4% above its estimated GF Value™ of HK$0.44.
GuruFocus considers Swang Chai Chuan to be Modestly Overvalued.
Key valuation signals for HKSE:02321:
Quick Ratio: 2.18 (44% above median its 10-year median of 1.51)
GF Value™: HK$0.44 vs. price of HK$0.49 (11.4% above fair value)
Industry Position: 153.5% above the Retail - Defensive median (#55 of 310)
No single metric tells the full story. See the HKSE:02321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swang Chai Chuan Ltd is an investment holding company and its subsidiaries are principally engaged in distribution and sales of food and beverages (F&B) and provision of logistics, warehousing and other services in Malaysia. The company has one reportable segment. The company's brands are CED, Mega Food, Mega Fresh, Sayangku, and Snow Cat.
66GF Score
Get the complete analysis for HKSE:02321
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:02321 has been successfully added to your 
