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.
Shanghai Able Digital Science & Tech Co (HKSE:02687) 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.
Shanghai Able Digital Science & Tech Co Quick Ratio Related Terms
Shanghai Able Digital Science & Tech Co 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.
Shanghai Able Digital Science & Tech Co Quick Ratio Chart
Shanghai Able Digital Science & Tech Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Quick Ratio
1.88
2.34
2.41
3.80
Shanghai Able Digital Science & Tech Co Semi-Annual Data
HKSE:02687 vs QH, SHOP, UBER: Quick Ratio Comparison
For the Software - Application subindustry, Shanghai Able Digital Science & Tech Co'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.
Shanghai Able Digital Science & Tech Co Quick Ratio vs Software Industry
Shanghai Able Digital Science & Tech Co 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.
Shanghai Able Digital Science & Tech Co (HKSE:02687) has a Quick Ratio of 3.80 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai Able Digital Science & Tech Co and its competitors. This is 60% above median its historical median of 2.38. Over the past decade, Shanghai Able Digital Science & Tech Co's Quick Ratio has ranged from 1.88 to 3.80. According to the industry distribution chart, Shanghai Able Digital Science & Tech Co ranks #544 out of 2875 companies in the Software industry, placing it in the top 18.9%.
Is Shanghai Able Digital Science & Tech Co's Quick Ratio too high?
Shanghai Able Digital Science & Tech Co's current Quick Ratio of 3.80 is 60% above median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 3.80. The Software industry median Quick Ratio is 1.68. Shanghai Able Digital Science & Tech Co's value of 3.80 is 126.2% above this industry median. Based on the distribution chart, Shanghai Able Digital Science & Tech Co ranks #544 out of 2875 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Able Digital Science & Tech Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Able Digital Science & Tech Co's Quick Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Shanghai Able Digital Science & Tech Co ranks #544 out of 2875 companies for Quick Ratio. This places Shanghai Able Digital Science & Tech Co in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.68. Shanghai Able Digital Science & Tech Co's value of 3.80 is 126.2% above this benchmark. Historically, Shanghai Able Digital Science & Tech Co's own Quick Ratio has ranged from 1.88 to 3.80 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.68, Shanghai Able Digital Science & Tech Co 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 Software company?
The median Quick Ratio among Software companies is 1.68, based on 2,875 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. Shanghai Able Digital Science & Tech Co's current Quick Ratio of 3.80 is 126.2% 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 Shanghai Able Digital Science & Tech Co and its competitors. For the Software industry, the median Quick Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Able Digital Science & Tech Co's current Quick Ratio is 3.80, which is 60% above median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Able Digital Science & Tech Co stock overvalued right now?
Shanghai Able Digital Science & Tech Co (HKSE:02687) has a current Quick Ratio of 3.80. The current Quick Ratio is 3.80, which is 60% above median its 10-year median of 2.38 and 126.2% above the Software industry median of 1.68. Shanghai Able Digital Science & Tech Co's overall GF Score™ is 20/100 with 9 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 Shanghai Able Digital Science & Tech Co (HKSE:02687), the current Quick Ratio is 3.80 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.
Shanghai Able Digital Science & Tech Co Ltd provides digital solutions for higher education in China. The company develops and operates digital educational content and related teaching and learning products for higher education institutions. Its products and services cover areas including teaching, learning, practice, testing, evaluation, and management. The company's business operations are divided into two categories based on its offerings: digital educational content services and products; and digital teaching and learning environment services and products in the PRC. It generates the majority of its revenue from digital educational content services and products.
20GF Score
Get the complete analysis for HKSE:02687
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:02687 has been successfully added to your 
