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.
What is Anhui Jinyan Kaolin New Materials Co Quick Ratio?
Anhui Jinyan Kaolin New Materials CoHKSE:02693 17 Quick Ratio is 1.72 as of Dec. 2025, which is 93% above its 10-year median of 0.89. GuruFocus rates HKSE:02693 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,642 Metals & Mining companies, Anhui Jinyan Kaolin New Materials Co ranks worse than 56.81% on this metric.
HKSE:02693's Quick Ratio is ranked worse than 56.81% of 2642
companies
in the Metals & Mining industry
Industry Median: 2.305
vs HKSE:02693: 1.72
Anhui Jinyan Kaolin New Materials Co (HKSE:02693) 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.
Anhui Jinyan Kaolin New Materials Co Quick Ratio Related Terms
Anhui Jinyan Kaolin New Materials 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.
Anhui Jinyan Kaolin New Materials Co Quick Ratio Chart
Anhui Jinyan Kaolin New Materials Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Quick Ratio
0.73
0.62
1.04
1.72
Anhui Jinyan Kaolin New Materials Co Semi-Annual Data
Anhui Jinyan Kaolin New Materials Co Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Anhui Jinyan Kaolin New Materials 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.
Anhui Jinyan Kaolin New Materials Co Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Anhui Jinyan Kaolin New Materials Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Anhui Jinyan Kaolin New Materials Co's Quick Ratio falls into.
Anhui Jinyan Kaolin New Materials 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.
Anhui Jinyan Kaolin New Materials Co (HKSE:02693) has a Quick Ratio of 1.72 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Anhui Jinyan Kaolin New Materials Co and its competitors. This is 93% above median its historical median of 0.89. Over the past decade, Anhui Jinyan Kaolin New Materials Co's Quick Ratio has ranged from 0.62 to 1.72. According to the industry distribution chart, Anhui Jinyan Kaolin New Materials Co ranks #1501 out of 2642 companies in the Metals & Mining industry, placing it in the top 56.8%.
Is Anhui Jinyan Kaolin New Materials Co's Quick Ratio too high?
Anhui Jinyan Kaolin New Materials Co's current Quick Ratio of 1.72 is 93% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 1.72. The Metals & Mining industry median Quick Ratio is 2.31. Anhui Jinyan Kaolin New Materials Co's value of 1.72 is 25.4% below this industry median. Based on the distribution chart, Anhui Jinyan Kaolin New Materials Co ranks #1501 out of 2642 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Anhui Jinyan Kaolin New Materials Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Anhui Jinyan Kaolin New Materials Co's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Anhui Jinyan Kaolin New Materials Co ranks #1501 out of 2642 companies for Quick Ratio. This places Anhui Jinyan Kaolin New Materials Co in the lower half of its industry. The industry median Quick Ratio is 2.31. Anhui Jinyan Kaolin New Materials Co's value of 1.72 is 25.4% below this benchmark. Historically, Anhui Jinyan Kaolin New Materials Co's own Quick Ratio has ranged from 0.62 to 1.72 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 2.31, Anhui Jinyan Kaolin New Materials Co 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.31, based on 2,642 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. Anhui Jinyan Kaolin New Materials Co's current Quick Ratio of 1.72 is 25.4% 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 Anhui Jinyan Kaolin New Materials Co and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Jinyan Kaolin New Materials Co's current Quick Ratio is 1.72, which is 93% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Jinyan Kaolin New Materials Co stock overvalued right now?
Anhui Jinyan Kaolin New Materials Co (HKSE:02693) has a current Quick Ratio of 1.72. The current Quick Ratio is 1.72, which is 93% above median its 10-year median of 0.89 and 25.4% below the Metals & Mining industry median of 2.31. Anhui Jinyan Kaolin New Materials Co's overall GF Score™ is 17/100 with 2 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 Anhui Jinyan Kaolin New Materials Co (HKSE:02693), the current Quick Ratio is 1.72 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.
Anhui Jinyan Kaolin New Materials Co Business Description
Anhui Jinyan Kaolin New Materials Co Ltd specializes in coal-series kaolin in China, with integrated capabilities spanning the value chain from mining, R&D, processing to production and sales. Its products mainly include precision casting mullite products and refractory mullite products. The company also sells raw coke and raw powder to customers for further processing. The company has one reportable operating segment which is the mining and processing to production and sales of refined products. The company generates the majority of revenue from the sales of precision casting mullite products and refractory mullite products.
17GF Score
Get the complete analysis for HKSE:02693
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:02693 has been successfully added to your 
