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China Hongguang HoldingsHKSE:08646 -1.92%48 Quick Ratio is 3.39 as of Dec. 2025, which is 119% above its 10-year median of 1.55. GuruFocus rates HKSE:08646 with a GF Score™ of 48/100 and a GF Value™ of HK$0.18 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,782 Construction companies, China Hongguang Holdings ranks better than 90.68% on this metric.
China Hongguang Holdings has a quick ratio of 3.39. It generally indicates good short-term financial strength.
The historical rank and industry rank for China Hongguang Holdings's Quick Ratio or its related term are showing as below:
HKSE:08646'
s Quick Ratio Range Over the Past 10 Years
Min: 0.37 Med: 1.55 Max: 3.39
Current: 3.39
During the past 9 years, China Hongguang Holdings's highest Quick Ratio was 3.39. The lowest was 0.37. And the median was 1.55.
HKSE:08646's Quick Ratio is ranked better than 90.68% of 1782
companies
in the Construction industry
Industry Median: 1.29
vs HKSE:08646: 3.39
China Hongguang Holdings (HKSE:08646) 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.
China Hongguang Holdings Quick Ratio Related Terms
China Hongguang Holdings 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.
HKSE:08646 vs TT, JCI, CARR: Quick Ratio Comparison
For the Building Products & Equipment subindustry, China Hongguang 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.
China Hongguang Holdings Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, China Hongguang Holdings's Quick Ratio distribution charts can be found below:
* The bar in red indicates where China Hongguang 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.
China Hongguang Holdings'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.
China Hongguang Holdings (HKSE:08646) has a Quick Ratio of 3.39 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Hongguang Holdings and its competitors. This is 119% above median its historical median of 1.55. Over the past decade, China Hongguang Holdings' Quick Ratio has ranged from 0.37 to 3.39. According to the industry distribution chart, China Hongguang Holdings ranks #166 out of 1782 companies in the Construction industry, placing it in the top 9.3%.
Is China Hongguang Holdings' Quick Ratio too high?
China Hongguang Holdings' current Quick Ratio of 3.39 is 119% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 3.39. The Construction industry median Quick Ratio is 1.29. China Hongguang Holdings' value of 3.39 is 162.8% above this industry median. Based on the distribution chart, China Hongguang Holdings ranks #166 out of 1782 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, China Hongguang Holdings has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Hongguang Holdings' Quick Ratio compare to TT and JCI?
According to the Construction industry distribution chart, China Hongguang Holdings ranks #166 out of 1782 companies for Quick Ratio. This places China Hongguang Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.29. China Hongguang Holdings' value of 3.39 is 162.8% above this benchmark. Historically, China Hongguang Holdings' own Quick Ratio has ranged from 0.37 to 3.39 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.29, China Hongguang 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 1,782 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. China Hongguang Holdings's current Quick Ratio of 3.39 is 162.8% 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 China Hongguang 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. China Hongguang Holdings's current Quick Ratio is 3.39, which is 119% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Hongguang Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Hongguang Holdings (HKSE:08646) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.20 — trading 13.3% above its estimated fair value. The current Quick Ratio is 3.39, which is 119% above median its 10-year median of 1.55 and 162.8% above the Construction industry median of 1.29. China Hongguang Holdings' overall GF Score™ is 48/100 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 China Hongguang Holdings (HKSE:08646), the current Quick Ratio is 3.39 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 China Hongguang Holdings (HKSE:08646) Overvalued in 2026?
Based on GuruFocus' analysis, China Hongguang Holdings stock appears to be overvalued.
The current stock price of HK$0.20 is trading 13.3% above its estimated GF Value™ of HK$0.18.
GuruFocus considers China Hongguang Holdings to be Modestly Overvalued.
Key valuation signals for HKSE:08646:
Quick Ratio: 3.39 (119% above median its 10-year median of 1.55)
GF Value™: HK$0.18 vs. price of HK$0.20 (13.3% above fair value)
Industry Position: 162.8% above the Construction median (#166 of 1782)
No single metric tells the full story. See the HKSE:08646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Hongguang Holdings Ltd is principally engaged in the manufacture and sale of glass products in the People's Republic of China. The Group operates in Southern China and, leveraging its technological advancements, particularly in coating technologies, has been actively transforming its business. Its coated glass products, including ITO conductive glass manufactured through fully automated magnetron sputtering production lines, are increasingly applied in the broader optoelectronic sector, such as mobile consumer electronics, display technologies, optical lenses, and automotive applications. The Group generates revenue from the PRC.
48GF Score
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