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Zhonghua Gas HoldingsHKSE:08246 42 Quick Ratio is 2.36 as of Mar. 2026, which is 1% above its 10-year median of 2.33. GuruFocus rates HKSE:08246 with a GF Score™ of 42/100 and a GF Value™ of HK$0.59 (Fairly Valued). The stock has 3 warning signs investors should review. Among 505 Utilities - Regulated companies, Zhonghua Gas Holdings ranks better than 88.91% on this metric.
Zhonghua Gas Holdings (HKSE:08246) 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.
Zhonghua Gas Holdings Quick Ratio Related Terms
Zhonghua Gas Holdings Quick Ratio Historical Data
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The historical data trend for Zhonghua Gas 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.
For the Utilities - Regulated Gas subindustry, Zhonghua Gas 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.
Zhonghua Gas Holdings Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Zhonghua Gas Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Zhonghua Gas Holdings'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.
Zhonghua Gas Holdings's Quick Ratio for the fiscal year that ended in Mar. 2026 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.
Zhonghua Gas Holdings (HKSE:08246) has a Quick Ratio of 2.36 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhonghua Gas Holdings and its competitors. This is near median its historical median of 2.33. Over the past decade, Zhonghua Gas Holdings' Quick Ratio has ranged from 1.46 to 4.11. According to the industry distribution chart, Zhonghua Gas Holdings ranks #56 out of 505 companies in the Utilities - Regulated industry, placing it in the top 11.1%.
Is Zhonghua Gas Holdings' Quick Ratio too high?
Zhonghua Gas Holdings' current Quick Ratio of 2.36 is near median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.11. The Utilities - Regulated industry median Quick Ratio is 1.01. Zhonghua Gas Holdings' value of 2.36 is 133.7% above this industry median. Based on the distribution chart, Zhonghua Gas Holdings ranks #56 out of 505 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Zhonghua Gas Holdings has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhonghua Gas Holdings' Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Zhonghua Gas Holdings ranks #56 out of 505 companies for Quick Ratio. This places Zhonghua Gas Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.01. Zhonghua Gas Holdings' value of 2.36 is 133.7% above this benchmark. Historically, Zhonghua Gas Holdings' own Quick Ratio has ranged from 1.46 to 4.11 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.01, Zhonghua Gas 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 an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 505 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. Zhonghua Gas Holdings's current Quick Ratio of 2.36 is 133.7% 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 Zhonghua Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhonghua Gas Holdings's current Quick Ratio is 2.36, which is near median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhonghua Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zhonghua Gas Holdings (HKSE:08246) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.59, compared to a current price of HK$0.63 — trading 6.8% above its estimated fair value. The current Quick Ratio is 2.36, which is near median its 10-year median of 2.33 and 133.7% above the Utilities - Regulated industry median of 1.01. Zhonghua Gas Holdings' overall GF Score™ is 42/100 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 Zhonghua Gas Holdings (HKSE:08246), the current Quick Ratio is 2.36 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 Zhonghua Gas Holdings (HKSE:08246) Overvalued in 2026?
Based on GuruFocus' analysis, Zhonghua Gas Holdings stock appears to be overvalued.
The current stock price of HK$0.63 is trading 6.8% above its estimated GF Value™ of HK$0.59.
GuruFocus considers Zhonghua Gas Holdings to be Fairly Valued.
Key valuation signals for HKSE:08246:
Quick Ratio: 2.36 (near median its 10-year median of 2.33)
GF Value™: HK$0.59 vs. price of HK$0.63 (6.8% above fair value)
Industry Position: 133.7% above the Utilities - Regulated median (#56 of 505)
No single metric tells the full story. See the HKSE:08246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhonghua Gas Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of diverse integrated new energy services including technological development, construction and consultancy services about heat supply and coal-to-natural gas conversion, operation of liquefied natural gas stations, coupled with the trading of new energy-related industrial products (New Energy Business); the operation of restaurants and trading of non-staple food (Catering Business) and the leasing of investment properties. The Group has two reportable operating segments, which are Energy Business and Property Investments. It derives a majority of its revenue from the energy business.
42GF Score
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