Shanghai Iluvatar CoreX Semiconductor Co (HKSE:09903) Quick Ratio: 2.45 (As of Dec. 2025) — 50% Above Median

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HKSE:09903 Shanghai Iluvatar CoreX Semiconductor Co Ltd HKSE:09903
9 GF Score
Price HK$404.80
! 2 Warning Signs
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What is Shanghai Iluvatar CoreX Semiconductor Co Quick Ratio?

Shanghai Iluvatar CoreX Semiconductor Co HKSE:09903 +10.54% 9 Quick Ratio is 2.45 as of Dec. 2025, which is 50% above its 10-year median of 1.63. GuruFocus rates HKSE:09903 with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 1,033 Semiconductors companies, Shanghai Iluvatar CoreX Semiconductor Co ranks better than 63.99% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Shanghai Iluvatar CoreX Semiconductor Co's quick ratio for the quarter that ended in Dec. 2025 was 2.45.

Shanghai Iluvatar CoreX Semiconductor Co has a quick ratio of 2.45. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio or its related term are showing as below:

HKSE:09903' s Quick Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.63   Max: 2.45
Current: 2.45

During the past 4 years, Shanghai Iluvatar CoreX Semiconductor Co's highest Quick Ratio was 2.45. The lowest was 1.05. And the median was 1.63.

HKSE:09903's Quick Ratio is ranked better than
63.99% of 1033 companies
in the Semiconductors industry
Industry Median: 1.81 vs HKSE:09903: 2.45

Shanghai Iluvatar CoreX Semiconductor Co  (HKSE:09903) 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.


Shanghai Iluvatar CoreX Semiconductor Co Quick Ratio Related Terms


Shanghai Iluvatar CoreX Semiconductor Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shanghai Iluvatar CoreX Semiconductor 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.

Shanghai Iluvatar CoreX Semiconductor Co Quick Ratio Chart

Shanghai Iluvatar CoreX Semiconductor Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Quick Ratio
1.71 1.54 1.05 2.45

Shanghai Iluvatar CoreX Semiconductor Co Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Quick Ratio Get a 7-Day Free Trial 1.54 0.00 1.05 3.06 2.45

HKSE:09903 vs NVDA, AVGO, MU: Quick Ratio Comparison

For the Semiconductors subindustry, Shanghai Iluvatar CoreX Semiconductor 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.


Shanghai Iluvatar CoreX Semiconductor Co Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio falls into.


HKSE:09903
9GF Score
Shanghai Iluvatar CoreX Semiconductor Co Ltd HKSE:09903
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Iluvatar CoreX Semiconductor 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.

Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3791.455-784.095)/1228.922
=2.45

Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3791.455-784.095)/1228.922
=2.45

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.45 mean?
Shanghai Iluvatar CoreX Semiconductor Co (HKSE:09903) has a Quick Ratio of 2.45 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai Iluvatar CoreX Semiconductor Co and its competitors. This is 50% above median its historical median of 1.63. Over the past decade, Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio has ranged from 1.05 to 2.45. According to the industry distribution chart, Shanghai Iluvatar CoreX Semiconductor Co ranks #372 out of 1033 companies in the Semiconductors industry, placing it in the top 36%.
Is Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio too high?
Shanghai Iluvatar CoreX Semiconductor Co's current Quick Ratio of 2.45 is 50% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.45. The Semiconductors industry median Quick Ratio is 1.81. Shanghai Iluvatar CoreX Semiconductor Co's value of 2.45 is 35.4% above this industry median. Based on the distribution chart, Shanghai Iluvatar CoreX Semiconductor Co ranks #372 out of 1033 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Shanghai Iluvatar CoreX Semiconductor Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Iluvatar CoreX Semiconductor Co's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shanghai Iluvatar CoreX Semiconductor Co ranks #372 out of 1033 companies for Quick Ratio. This puts Shanghai Iluvatar CoreX Semiconductor Co in the upper half of its industry. The industry median Quick Ratio is 1.81. Shanghai Iluvatar CoreX Semiconductor Co's value of 2.45 is 35.4% above this benchmark. Historically, Shanghai Iluvatar CoreX Semiconductor Co's own Quick Ratio has ranged from 1.05 to 2.45 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.81, Shanghai Iluvatar CoreX Semiconductor 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.81, based on 1,033 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. Shanghai Iluvatar CoreX Semiconductor Co's current Quick Ratio of 2.45 is 35.4% 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 Shanghai Iluvatar CoreX Semiconductor Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Iluvatar CoreX Semiconductor Co's current Quick Ratio is 2.45, which is 50% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Iluvatar CoreX Semiconductor Co stock overvalued right now?
Shanghai Iluvatar CoreX Semiconductor Co (HKSE:09903) has a current Quick Ratio of 2.45. The current Quick Ratio is 2.45, which is 50% above median its 10-year median of 1.63 and 35.4% above the Semiconductors industry median of 1.81. Shanghai Iluvatar CoreX Semiconductor Co's overall GF Score™ is 9/100 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 Shanghai Iluvatar CoreX Semiconductor Co (HKSE:09903), the current Quick Ratio is 2.45 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.

Shanghai Iluvatar CoreX Semiconductor Co Business Description

Address No. 2168 Chenhang Road, Room 101, Building 3, Minhang District, Shanghai, CHN
Shanghai Iluvatar CoreX Semiconductor Co Ltd offers GPGPU products and AI computing solutions across diverse industries. Its product portfolio includes GPGPU chips and accelerators, as well as customized AI computing solutions, including GPGPU servers and clusters, that combine its hardware with proprietary software stack to address specific customer needs in training and inference scenarios. The company specializes in the research, design, and deployment of advanced GPGPU products and AI computing solutions across diverse industries. Geographically, it operates in Chinese Mainland; and Hong Kong, of which it derives maximum revenue from Chinese Mainland.
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HK$404.80
Price