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HKSE:08090's Quick Ratio is ranked better than 90.93% of 408
companies
in the Building Materials industry
Industry Median: 1.055
vs HKSE:08090: 3.70
Shandong Baogai New Materials Technology Co (HKSE:08090) 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.
Shandong Baogai New Materials Technology Co Quick Ratio Related Terms
Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co Quick Ratio Chart
Shandong Baogai New Materials Technology Co Annual Data
Trend
Dec23
Dec24
Dec25
Quick Ratio
2.23
3.47
3.70
Shandong Baogai New Materials Technology Co Quarterly Data
Dec23
Dec24
Dec25
Quick Ratio
2.23
3.47
3.70
HKSE:08090 vs CRH, VMC, MLM: Quick Ratio Comparison
For the Building Materials subindustry, Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co Quick Ratio vs Building Materials Industry
Shandong Baogai New Materials Technology 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.
Shandong Baogai New Materials Technology Co (HKSE:08090) has a Quick Ratio of 3.70 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shandong Baogai New Materials Technology Co and its competitors. This is near median its historical median of 3.47. Over the past decade, Shandong Baogai New Materials Technology Co's Quick Ratio has ranged from 2.23 to 3.70. According to the industry distribution chart, Shandong Baogai New Materials Technology Co ranks #37 out of 408 companies in the Building Materials industry, placing it in the top 9.1%.
Is Shandong Baogai New Materials Technology Co's Quick Ratio too high?
Shandong Baogai New Materials Technology Co's current Quick Ratio of 3.70 is near median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 3.70. The Building Materials industry median Quick Ratio is 1.06. Shandong Baogai New Materials Technology Co's value of 3.70 is 250.7% above this industry median. Based on the distribution chart, Shandong Baogai New Materials Technology Co ranks #37 out of 408 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Baogai New Materials Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shandong Baogai New Materials Technology Co's Quick Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shandong Baogai New Materials Technology Co ranks #37 out of 408 companies for Quick Ratio. This places Shandong Baogai New Materials Technology Co in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.06. Shandong Baogai New Materials Technology Co's value of 3.70 is 250.7% above this benchmark. Historically, Shandong Baogai New Materials Technology Co's own Quick Ratio has ranged from 2.23 to 3.70 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 1.06, Shandong Baogai New Materials Technology 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.06, based on 408 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. Shandong Baogai New Materials Technology Co's current Quick Ratio of 3.70 is 250.7% 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 Shandong Baogai New Materials Technology Co and its competitors. For the Building Materials industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Baogai New Materials Technology Co's current Quick Ratio is 3.70, which is near median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Baogai New Materials Technology Co stock overvalued right now?
Shandong Baogai New Materials Technology Co (HKSE:08090) has a current Quick Ratio of 3.70. The current Quick Ratio is 3.70, which is near median its 10-year median of 3.47 and 250.7% above the Building Materials industry median of 1.06. Shandong Baogai New Materials Technology Co's overall GF Score™ is 20/100 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 Shandong Baogai New Materials Technology Co (HKSE:08090), the current Quick Ratio is 3.70 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.
Shandong Baogai New Materials Technology Co Business Description
Shandong Baogai New Materials Technology Co Ltd is a specialized manufacturer in China's composite trench cover industry, specializing in composite trench cover products for engineering and infrastructure needs. The principal activities of the company are engaged in the R&D, manufacturing, and sales of high-performance glass fiber-reinforced polymer trench covers, including cable trench covers, drainage covers,and manhole covers. The majority of the company's revenue is derived from the sale of cable trench covers and the rest from drainage trench covers, manhole trench covers, and others. Geographically, the maximum revenue is generated from the Chinese Mainland.
20GF Score
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