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China Next-Gen Commerce and Supply Chain (HKSE:03928) 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.
China Next-Gen Commerce and Supply Chain Quick Ratio Related Terms
China Next-Gen Commerce and Supply Chain 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.
China Next-Gen Commerce and Supply Chain Quick Ratio Chart
China Next-Gen Commerce and Supply Chain Annual Data
HKSE:03928 vs PWR, FIX, EME: Quick Ratio Comparison
For the Engineering & Construction subindustry, China Next-Gen Commerce and Supply Chain'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.
China Next-Gen Commerce and Supply Chain Quick Ratio vs Construction Industry
China Next-Gen Commerce and Supply Chain 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.
China Next-Gen Commerce and Supply Chain (HKSE:03928) has a Quick Ratio of 1.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Next-Gen Commerce and Supply Chain and its competitors. This is 44% above median its historical median of 1.31. Over the past decade, China Next-Gen Commerce and Supply Chain's Quick Ratio has ranged from 1.07 to 2.01. According to the industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #483 out of 1793 companies in the Construction industry, placing it in the top 26.9%.
Is China Next-Gen Commerce and Supply Chain's Quick Ratio too high?
China Next-Gen Commerce and Supply Chain's current Quick Ratio of 1.89 is 44% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 2.01. The Construction industry median Quick Ratio is 1.29. China Next-Gen Commerce and Supply Chain's value of 1.89 is 46.5% above this industry median. Based on the distribution chart, China Next-Gen Commerce and Supply Chain ranks #483 out of 1793 companies in the Construction industry, which is above the industry midpoint. Overall, China Next-Gen Commerce and Supply Chain has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Next-Gen Commerce and Supply Chain's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, China Next-Gen Commerce and Supply Chain ranks #483 out of 1793 companies for Quick Ratio. This puts China Next-Gen Commerce and Supply Chain in the upper half of its industry. The industry median Quick Ratio is 1.29. China Next-Gen Commerce and Supply Chain's value of 1.89 is 46.5% above this benchmark. Historically, China Next-Gen Commerce and Supply Chain's own Quick Ratio has ranged from 1.07 to 2.01 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.29, China Next-Gen Commerce and Supply Chain 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,793 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. China Next-Gen Commerce and Supply Chain's current Quick Ratio of 1.89 is 46.5% 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 China Next-Gen Commerce and Supply Chain and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Next-Gen Commerce and Supply Chain's current Quick Ratio is 1.89, which is 44% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Next-Gen Commerce and Supply Chain stock overvalued right now?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain (HKSE:03928) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$1.74, compared to a current price of HK$26.30 — trading 1411.5% above its estimated fair value. The current Quick Ratio is 1.89, which is 44% above median its 10-year median of 1.31 and 46.5% above the Construction industry median of 1.29. China Next-Gen Commerce and Supply Chain's overall GF Score™ is 52/100 with 3 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 China Next-Gen Commerce and Supply Chain (HKSE:03928), the current Quick Ratio is 1.89 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 China Next-Gen Commerce and Supply Chain (HKSE:03928) Overvalued in 2026?
Based on GuruFocus' analysis, China Next-Gen Commerce and Supply Chain stock appears to be overvalued.
The current stock price of HK$26.30 is trading 1411.5% above its estimated GF Value™ of HK$1.74.
GuruFocus considers China Next-Gen Commerce and Supply Chain to be Significantly Overvalued.
Key valuation signals for HKSE:03928:
Quick Ratio: 1.89 (44% above median its 10-year median of 1.31)
GF Value™: HK$1.74 vs. price of HK$26.30 (1411.5% above fair value)
Industry Position: 46.5% above the Construction median (#483 of 1793)
No single metric tells the full story. See the HKSE:03928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Next-Gen Commerce and Supply Chain Ltd is an investment holding company. Along with its subsidiaries, the company is principally engaged in the provision of construction services and property investment in Singapore. It has two operating segments as follows: i) Construction services: provision of civil engineering works, building construction works and other ancillary services to government and commercial corporations. ii) Property investment: leasing of residential and industrial properties. The majority of the company's revenue is derived from the Construction services segment. Geographically, the company derives all of its revenue from Singapore.
52GF Score
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