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HG SemiconductorHKSE:06908 32 Quick Ratio is 3.45 as of Dec. 2025, which is 2% above its 10-year median of 3.39. GuruFocus rates HKSE:06908 with a GF Score™ of 32/100 and a GF Value™ of HK$0.56 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,032 Semiconductors companies, HG Semiconductor ranks better than 76.94% on this metric.
HG Semiconductor (HKSE:06908) 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.
HG Semiconductor Quick Ratio Related Terms
HG Semiconductor Quick Ratio Historical Data
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The historical data trend for HG Semiconductor'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.
HKSE:06908 vs NVDA, AVGO, MU: Quick Ratio Comparison
For the Semiconductors subindustry, HG Semiconductor'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.
HG Semiconductor Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, HG Semiconductor's Quick Ratio distribution charts can be found below:
* The bar in red indicates where HG Semiconductor'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.
HG Semiconductor'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.
HG Semiconductor (HKSE:06908) has a Quick Ratio of 3.45 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on HG Semiconductor and its competitors. This is near median its historical median of 3.39. Over the past decade, HG Semiconductor's Quick Ratio has ranged from 2.34 to 7.21. According to the industry distribution chart, HG Semiconductor ranks #238 out of 1032 companies in the Semiconductors industry, placing it in the top 23.1%.
Is HG Semiconductor's Quick Ratio too high?
HG Semiconductor's current Quick Ratio of 3.45 is near median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 7.21. The Semiconductors industry median Quick Ratio is 1.78. HG Semiconductor's value of 3.45 is 94.4% above this industry median. Based on the distribution chart, HG Semiconductor ranks #238 out of 1032 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, HG Semiconductor has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HG Semiconductor's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, HG Semiconductor ranks #238 out of 1032 companies for Quick Ratio. This places HG Semiconductor in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.78. HG Semiconductor's value of 3.45 is 94.4% above this benchmark. Historically, HG Semiconductor's own Quick Ratio has ranged from 2.34 to 7.21 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 1.78, HG Semiconductor 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.78, based on 1,032 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. HG Semiconductor's current Quick Ratio of 3.45 is 94.4% 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 HG Semiconductor and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HG Semiconductor's current Quick Ratio is 3.45, which is near median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, HG Semiconductor (HKSE:06908) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.35 — trading 37.5% below its estimated fair value. The current Quick Ratio is 3.45, which is near median its 10-year median of 3.39 and 94.4% above the Semiconductors industry median of 1.78. HG Semiconductor's overall GF Score™ is 32/100 with 6 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 HG Semiconductor (HKSE:06908), the current Quick Ratio is 3.45 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 HG Semiconductor (HKSE:06908) Overvalued in 2026?
Based on GuruFocus' analysis, HG Semiconductor stock appears to be undervalued.
The current stock price of HK$0.35 is trading 37.5% below its estimated GF Value™ of HK$0.56.
GuruFocus considers HG Semiconductor to be Possible Value Trap.
Key valuation signals for HKSE:06908:
Quick Ratio: 3.45 (near median its 10-year median of 3.39)
GF Value™: HK$0.56 vs. price of HK$0.35 (37.5% below fair value)
Industry Position: 94.4% above the Semiconductors median (#238 of 1032)
No single metric tells the full story. See the HKSE:06908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. Its operating segments are (i) LED products and (ii) GaN and other semiconductor products. The sales of LED products generate maximum revenue for the company.
32GF Score
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