PN (PN Smart Energy) Quick Ratio: 1.40 (As of Sep. 2025) — 22% Below Median

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PN PN Smart Energy Ltd PN
18 GF Score
Price $3.88
! 2 Warning Signs
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What is PN Smart Energy Quick Ratio?

PN Smart Energy PN 18 Quick Ratio is 1.40 as of Sep. 2025, which is 22% below its 10-year median of 1.79. GuruFocus rates PN with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, PN Smart Energy ranks worse than 60.99% 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. PN Smart Energy's quick ratio for the quarter that ended in Sep. 2025 was 1.40.

PN Smart Energy has a quick ratio of 1.40. It generally indicates good short-term financial strength.

The historical rank and industry rank for PN Smart Energy's Quick Ratio or its related term are showing as below:

PN' s Quick Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.79   Max: 1.98
Current: 1.4

During the past 5 years, PN Smart Energy's highest Quick Ratio was 1.98. The lowest was 1.38. And the median was 1.79.

PN's Quick Ratio is ranked worse than
60.99% of 1028 companies
in the Semiconductors industry
Industry Median: 1.84 vs PN: 1.40

PN Smart Energy  (NAS:PN) 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.


PN Smart Energy Quick Ratio Related Terms


PN Smart Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for PN Smart Energy'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.

PN Smart Energy Quick Ratio Chart

PN Smart Energy Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
1.85 1.38 1.98 1.79 1.40

PN Smart Energy Semi-Annual Data
Sep21 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial 1.98 1.67 1.79 1.71 1.40

PN vs SPRU, ASTI, FTCI: Quick Ratio Comparison

For the Solar subindustry, PN Smart Energy'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.


PN Smart Energy Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, PN Smart Energy's Quick Ratio distribution charts can be found below:

* The bar in red indicates where PN Smart Energy's Quick Ratio falls into.


PN
18GF Score
PN Smart Energy Ltd PN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PN Smart Energy 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.

PN Smart Energy's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(34.593-4.279)/21.72
=1.40

PN Smart Energy's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(34.593-4.279)/21.72
=1.40

* 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 1.40 mean?
PN Smart Energy (PN) has a Quick Ratio of 1.40 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PN Smart Energy and its competitors. This is 22% below median its historical median of 1.79. Over the past decade, PN Smart Energy's Quick Ratio has ranged from 1.38 to 1.98. According to the industry distribution chart, PN Smart Energy ranks #627 out of 1028 companies in the Semiconductors industry, placing it in the top 61%.
Is PN Smart Energy's Quick Ratio too high?
PN Smart Energy's current Quick Ratio of 1.40 is 22% below median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 1.98. The Semiconductors industry median Quick Ratio is 1.84. PN Smart Energy's value of 1.40 is 23.9% below this industry median. Based on the distribution chart, PN Smart Energy ranks #627 out of 1028 companies in the Semiconductors industry, which is below the industry midpoint. Overall, PN Smart Energy has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does PN Smart Energy's Quick Ratio compare to SPRU and ASTI?
According to the Semiconductors industry distribution chart, PN Smart Energy ranks #627 out of 1028 companies for Quick Ratio. This places PN Smart Energy in the lower half of its industry. The industry median Quick Ratio is 1.84. PN Smart Energy's value of 1.40 is 23.9% below this benchmark. Historically, PN Smart Energy's own Quick Ratio has ranged from 1.38 to 1.98 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.84, PN Smart Energy 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.84, based on 1,028 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. PN Smart Energy's current Quick Ratio of 1.40 is 23.9% 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 PN Smart Energy and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PN Smart Energy's current Quick Ratio is 1.40, which is 22% below median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PN Smart Energy stock overvalued right now?
PN Smart Energy (PN) has a current Quick Ratio of 1.40. The current Quick Ratio is 1.40, which is 22% below median its 10-year median of 1.79 and 23.9% below the Semiconductors industry median of 1.84. PN Smart Energy's overall GF Score™ is 18/100 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 PN Smart Energy (PN), the current Quick Ratio is 1.40 as of Sep. 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.

PN Smart Energy Business Description

Address No.188 Jinghua Road, Room 303, Block B, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315048
PN Smart Energy Ltd is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. The company operates as an independent power provider (IPP) focused on the development of clean power stations, critical energy materials, and intelligent energy infrastructure. Through its PNTECH brand, the company also manufactures photovoltaic cables and connectors, serving customers across various countries and regions.
18GF Score

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