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Shanxi Changcheng Microlight Equipment Co has a quick ratio of 0.04. It indicates that the company cannot currently fully pay back its current liabilities.
HKSE:08286's Quick Ratio is ranked worse than 99.64% of 2499
companies
in the Hardware industry
Industry Median: 1.46
vs HKSE:08286: 0.04
Shanxi Changcheng Microlight Equipment Co (HKSE:08286) 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.
Shanxi Changcheng Microlight Equipment Co Quick Ratio Related Terms
Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co Quick Ratio Chart
Shanxi Changcheng Microlight Equipment Co Annual Data
HKSE:08286 vs CSCO, CIEN, MSI: Quick Ratio Comparison
For the Communication Equipment subindustry, Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co Quick Ratio vs Hardware Industry
Shanxi Changcheng Microlight Equipment 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.
Shanxi Changcheng Microlight Equipment Co (HKSE:08286) has a Quick Ratio of 0.04 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanxi Changcheng Microlight Equipment Co and its competitors. This is 69% below median its historical median of 0.13. Over the past decade, Shanxi Changcheng Microlight Equipment Co's Quick Ratio has ranged from 0.04 to 0.30. According to the industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #2490 out of 2499 companies in the Hardware industry, placing it in the top 99.6%.
Is Shanxi Changcheng Microlight Equipment Co's Quick Ratio too high?
Shanxi Changcheng Microlight Equipment Co's current Quick Ratio of 0.04 is 69% below median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.30. The Hardware industry median Quick Ratio is 1.46. Shanxi Changcheng Microlight Equipment Co's value of 0.04 is 97.3% below this industry median. Based on the distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #2490 out of 2499 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Shanxi Changcheng Microlight Equipment Co has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Changcheng Microlight Equipment Co's Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Shanxi Changcheng Microlight Equipment Co ranks #2490 out of 2499 companies for Quick Ratio. This places Shanxi Changcheng Microlight Equipment Co in the lower half of its industry. The industry median Quick Ratio is 1.46. Shanxi Changcheng Microlight Equipment Co's value of 0.04 is 97.3% below this benchmark. Historically, Shanxi Changcheng Microlight Equipment Co's own Quick Ratio has ranged from 0.04 to 0.30 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 1.46, Shanxi Changcheng Microlight Equipment Co has consistently been below 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,499 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. Shanxi Changcheng Microlight Equipment Co's current Quick Ratio of 0.04 is 97.3% below 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 Shanxi Changcheng Microlight Equipment Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Changcheng Microlight Equipment Co's current Quick Ratio is 0.04, which is 69% below median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Changcheng Microlight Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co (HKSE:08286) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.11 — trading 10% below its estimated fair value. The current Quick Ratio is 0.04, which is 69% below median its 10-year median of 0.13 and 97.3% below the Hardware industry median of 1.46. Shanxi Changcheng Microlight Equipment Co's overall GF Score™ is 39/100 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286), the current Quick Ratio is 0.04 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 Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Changcheng Microlight Equipment Co stock appears to be undervalued.
The current stock price of HK$0.11 is trading 10% below its estimated GF Value™ of HK$0.12.
GuruFocus considers Shanxi Changcheng Microlight Equipment Co to be Modestly Undervalued.
Key valuation signals for HKSE:08286:
Quick Ratio: 0.04 (69% below median its 10-year median of 0.13)
GF Value™: HK$0.12 vs. price of HK$0.11 (10% below fair value)
Industry Position: 97.3% below the Hardware median (#2490 of 2499)
No single metric tells the full story. See the HKSE:08286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Changcheng Microlight Equipment Co Business Description
Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates. The company geographically operates in PRC, Russia, Europe and Hong Kong, out of which PRC derives maximum revenue.
39GF Score
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