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Huitongda Network CoHKSE:09878 +0.24%76 Quick Ratio is 1.25 as of Dec. 2025, which is 24% above its 10-year median of 1.01. GuruFocus rates HKSE:09878 with a GF Score™ of 76/100 and a GF Value™ of HK$17.57 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,875 Software companies, Huitongda Network Co ranks worse than 64.9% on this metric.
Huitongda Network Co (HKSE:09878) 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.
Huitongda Network Co Quick Ratio Related Terms
Huitongda Network Co Quick Ratio Historical Data
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The historical data trend for Huitongda Network Co'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:09878 vs QH, SHOP, UBER: Quick Ratio Comparison
For the Software - Application subindustry, Huitongda Network 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.
Huitongda Network Co Quick Ratio vs Software Industry
For the Software industry and Technology sector, Huitongda Network Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Huitongda Network Co'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.
Huitongda Network Co'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.
Huitongda Network Co (HKSE:09878) has a Quick Ratio of 1.25 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Huitongda Network Co and its competitors. This is 24% above median its historical median of 1.01. Over the past decade, Huitongda Network Co's Quick Ratio has ranged from 0.76 to 1.29. According to the industry distribution chart, Huitongda Network Co ranks #1866 out of 2875 companies in the Software industry, placing it in the top 64.9%.
Is Huitongda Network Co's Quick Ratio too high?
Huitongda Network Co's current Quick Ratio of 1.25 is 24% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.29. The Software industry median Quick Ratio is 1.67. Huitongda Network Co's value of 1.25 is 25.1% below this industry median. Based on the distribution chart, Huitongda Network Co ranks #1866 out of 2875 companies in the Software industry, which is below the industry midpoint. Overall, Huitongda Network Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Huitongda Network Co's Quick Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Huitongda Network Co ranks #1866 out of 2875 companies for Quick Ratio. This places Huitongda Network Co in the lower half of its industry. The industry median Quick Ratio is 1.67. Huitongda Network Co's value of 1.25 is 25.1% below this benchmark. Historically, Huitongda Network Co's own Quick Ratio has ranged from 0.76 to 1.29 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.67, Huitongda Network 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 Software company?
The median Quick Ratio among Software companies is 1.67, based on 2,875 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. Huitongda Network Co's current Quick Ratio of 1.25 is 25.1% 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 Huitongda Network Co and its competitors. For the Software industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huitongda Network Co's current Quick Ratio is 1.25, which is 24% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huitongda Network Co stock overvalued right now?
Based on GuruFocus' analysis, Huitongda Network Co (HKSE:09878) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$17.57, compared to a current price of HK$8.42 — trading 52.1% below its estimated fair value. The current Quick Ratio is 1.25, which is 24% above median its 10-year median of 1.01 and 25.1% below the Software industry median of 1.67. Huitongda Network Co's overall GF Score™ is 76/100 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 Huitongda Network Co (HKSE:09878), the current Quick Ratio is 1.25 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 Huitongda Network Co (HKSE:09878) Overvalued in 2026?
Based on GuruFocus' analysis, Huitongda Network Co stock appears to be undervalued.
The current stock price of HK$8.42 is trading 52.1% below its estimated GF Value™ of HK$17.57.
GuruFocus considers Huitongda Network Co to be Significantly Undervalued.
Key valuation signals for HKSE:09878:
Quick Ratio: 1.25 (24% above median its 10-year median of 1.01)
GF Value™: HK$17.57 vs. price of HK$8.42 (52.1% below fair value)
Industry Position: 25.1% below the Software median (#1866 of 2875)
No single metric tells the full story. See the HKSE:09878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Huitongda Network Co Ltd principally engaged in sale of a comprehensive suite of merchandise in the PRC and provision of intelligent business and marketing subscription services, offering merchant solutions and rendering other various services. The company has three reportable segments, The commerce business segment, which mainly represents the direct sales of merchandise; The service business segment, which mainly represents the provision of intelligent business and marketing subscription service and a collection of merchant solutions; and Others Revenues from the others are mainly derived from other services rendered by the Group. The company generates majority of revenue from Commerce business.
76GF Score
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