Freetech Road Recycling Technology (Holdings) (HKSE:06888) Quick Ratio: 1.52 (As of Jun. 2026) — 12% Below Median

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What is Freetech Road Recycling Technology (Holdings) Quick Ratio?

Freetech Road Recycling Technology (Holdings) HKSE:06888 -2.44% Quick Ratio is 1.52 as of Jun. 2026, which is 12% below its 10-year median of 1.73. The stock has 7 warning signs investors should review. Among 1,797 Construction companies, Freetech Road Recycling Technology (Holdings) ranks better than 60.82% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Freetech Road Recycling Technology (Holdings)'s quick ratio for the quarter that ended in Jun. 2026 was 1.52.

Freetech Road Recycling Technology (Holdings) has a quick ratio of 1.52. It generally indicates good short-term financial strength.

The historical rank and industry rank for Freetech Road Recycling Technology (Holdings)'s Quick Ratio or its related term are showing as below:

HKSE:06888' s Quick Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.73   Max: 2.36
Current: 1.51

During the past 13 years, Freetech Road Recycling Technology (Holdings)'s highest Quick Ratio was 2.36. The lowest was 1.40. And the median was 1.73.

HKSE:06888's Quick Ratio is ranked better than
60.82% of 1797 companies
in the Construction industry
Industry Median: 1.29 vs HKSE:06888: 1.51

Freetech Road Recycling Technology (Holdings)  (HKSE:06888) 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.


Freetech Road Recycling Technology (Holdings) Quick Ratio Related Terms


Freetech Road Recycling Technology (Holdings) Quick Ratio Historical Data

* Premium members only.

The historical data trend for Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (Holdings) Quick Ratio Chart

Freetech Road Recycling Technology (Holdings) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.54 1.68 2.19 1.80

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 2.19 2.38 1.80 1.52

Freetech Road Recycling Technology (Holdings) Quick Ratio Competitor Comparison

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (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.


Freetech Road Recycling Technology (Holdings) Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s Quick Ratio falls into.



Freetech Road Recycling Technology (Holdings) 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.

Freetech Road Recycling Technology (Holdings)'s Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(676.45700000249-198.85600000073)/264.71500000098
=1.80

Freetech Road Recycling Technology (Holdings)'s Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(635.40200000157-223.91100000055)/271.70000000067
=1.51

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.52 mean?
Freetech Road Recycling Technology (Holdings) (HKSE:06888) has a Quick Ratio of 1.52 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Freetech Road Recycling Technology (Holdings) and its competitors. This is 12% below median its historical median of 1.73. Over the past decade, Freetech Road Recycling Technology (Holdings)'s Quick Ratio has ranged from 1.40 to 2.36. According to the industry distribution chart, Freetech Road Recycling Technology (Holdings) ranks #704 out of 1797 companies in the Construction industry, placing it in the top 39.2%.
Is Freetech Road Recycling Technology (Holdings)'s Quick Ratio too high?
Freetech Road Recycling Technology (Holdings)'s current Quick Ratio of 1.52 is 12% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.36. The Construction industry median Quick Ratio is 1.29. Freetech Road Recycling Technology (Holdings)'s value of 1.52 is 17.8% above this industry median. Based on the distribution chart, Freetech Road Recycling Technology (Holdings) ranks #704 out of 1797 companies in the Construction industry, which is above the industry midpoint.
How does Freetech Road Recycling Technology (Holdings)'s Quick Ratio compare to competitors?
According to the Construction industry distribution chart, Freetech Road Recycling Technology (Holdings) ranks #704 out of 1797 companies for Quick Ratio. This puts Freetech Road Recycling Technology (Holdings) in the upper half of its industry. The industry median Quick Ratio is 1.29. Freetech Road Recycling Technology (Holdings)'s value of 1.52 is 17.8% above this benchmark. Historically, Freetech Road Recycling Technology (Holdings)'s own Quick Ratio has ranged from 1.40 to 2.36 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.29, Freetech Road Recycling Technology (Holdings) 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 1,797 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. Freetech Road Recycling Technology (Holdings)'s current Quick Ratio of 1.52 is 17.8% 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 Freetech Road Recycling Technology (Holdings) 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. Freetech Road Recycling Technology (Holdings)'s current Quick Ratio is 1.52, which is 12% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freetech Road Recycling Technology (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Freetech Road Recycling Technology (Holdings) (HKSE:06888) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.08 — trading 14.3% above its estimated fair value. The current Quick Ratio is 1.52, which is 12% below median its 10-year median of 1.73 and 17.8% above the Construction industry median of 1.29. 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 Freetech Road Recycling Technology (Holdings) (HKSE:06888), the current Quick Ratio is 1.52 as of Jun. 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.

Freetech Road Recycling Technology (Holdings) Business Description

Address 18 Whitfield Road, Room 2501, 25th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and the provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are the APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. The company has a business presence in Mainland China and other overseas markets.