Gongin Precision Industrial Co has a quick ratio of 0.90. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Gongin Precision Industrial Co's Quick Ratio or its related term are showing as below:
ROCO:3178'
s Quick Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.85 Max: 0.91
Current: 0.9
During the past 13 years, Gongin Precision Industrial Co's highest Quick Ratio was 0.91. The lowest was 0.56. And the median was 0.85.
ROCO:3178's Quick Ratio is ranked worse than 75.46% of 3069
companies
in the Industrial Products industry
Industry Median: 1.39
vs ROCO:3178: 0.90
Gongin Precision Industrial Co (ROCO:3178) 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.
Gongin Precision Industrial Co Quick Ratio Related Terms
Gongin Precision Industrial 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.
ROCO:3178 vs SNA, RBC, LECO: Quick Ratio Comparison
For the Tools & Accessories subindustry, Gongin Precision Industrial 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.
Gongin Precision Industrial Co Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Gongin Precision Industrial Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Gongin Precision Industrial Co's Quick Ratio falls into.
Gongin Precision Industrial 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.
Gongin Precision Industrial Co (ROCO:3178) has a Quick Ratio of 0.90 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gongin Precision Industrial Co and its competitors. This is near median its historical median of 0.85. Over the past decade, Gongin Precision Industrial Co's Quick Ratio has ranged from 0.56 to 0.91. According to the industry distribution chart, Gongin Precision Industrial Co ranks #2316 out of 3069 companies in the Industrial Products industry, placing it in the top 75.5%.
Is Gongin Precision Industrial Co's Quick Ratio too high?
Gongin Precision Industrial Co's current Quick Ratio of 0.90 is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 0.91. The Industrial Products industry median Quick Ratio is 1.39. Gongin Precision Industrial Co's value of 0.90 is 35.3% below this industry median. Based on the distribution chart, Gongin Precision Industrial Co ranks #2316 out of 3069 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Gongin Precision Industrial Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gongin Precision Industrial Co's Quick Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Gongin Precision Industrial Co ranks #2316 out of 3069 companies for Quick Ratio. This places Gongin Precision Industrial Co in the lower half of its industry. The industry median Quick Ratio is 1.39. Gongin Precision Industrial Co's value of 0.90 is 35.3% below this benchmark. Historically, Gongin Precision Industrial Co's own Quick Ratio has ranged from 0.56 to 0.91 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.39, Gongin Precision Industrial 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,069 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. Gongin Precision Industrial Co's current Quick Ratio of 0.90 is 35.3% 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 Gongin Precision Industrial Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gongin Precision Industrial Co's current Quick Ratio is 0.90, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gongin Precision Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Gongin Precision Industrial Co (ROCO:3178) is currently considered Fairly Valued. The stock's GF Value™ is NT$63.04, compared to a current price of NT$63.40 — trading 0.6% above its estimated fair value. The current Quick Ratio is 0.90, which is near median its 10-year median of 0.85 and 35.3% below the Industrial Products industry median of 1.39. Gongin Precision Industrial Co's overall GF Score™ is 57/100 with 8 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 Gongin Precision Industrial Co (ROCO:3178), the current Quick Ratio is 0.90 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 Gongin Precision Industrial Co (ROCO:3178) Overvalued in 2026?
Based on GuruFocus' analysis, Gongin Precision Industrial Co stock appears to be overvalued.
The current stock price of NT$63.40 is trading 0.6% above its estimated GF Value™ of NT$63.04.
GuruFocus considers Gongin Precision Industrial Co to be Fairly Valued.
Key valuation signals for ROCO:3178:
Quick Ratio: 0.90 (near median its 10-year median of 0.85)
GF Value™: NT$63.04 vs. price of NT$63.40 (0.6% above fair value)
Industry Position: 35.3% below the Industrial Products median (#2316 of 3069)
No single metric tells the full story. See the ROCO:3178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gongin Precision Industrial Co Business Description
Gongin Precision Industrial Co Ltd designs, manufactures and sells IC assembly molds and tools. Its products include Auto Mold Chase, M.G.P. Mold, Conventional Mold, Standard Module Components, Subsystem Assembly and Test, display equipment components and servo valve.
57GF Score
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