Te Chang (ROCO:5511) Quick Ratio: 1.68 (As of Dec. 2025) — Near Median

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ROCO:5511 Te Chang ROCO:5511
87 GF Score
Price NT$69.10
GF Value NT$62.59
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Te Chang Quick Ratio?

Te Chang ROCO:5511 +1.77% 87 Quick Ratio is 1.68 as of Dec. 2025, which is 3% below its 10-year median of 1.73. GuruFocus rates ROCO:5511 with a GF Score™ of 87/100 and a GF Value™ of NT$62.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,785 Construction companies, Te Chang ranks better than 67.11% 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. Te Chang's quick ratio for the quarter that ended in Dec. 2025 was 1.68.

Te Chang has a quick ratio of 1.68. It generally indicates good short-term financial strength.

The historical rank and industry rank for Te Chang's Quick Ratio or its related term are showing as below:

ROCO:5511' s Quick Ratio Range Over the Past 10 Years
Min: 1.58   Med: 1.73   Max: 2.63
Current: 1.68

During the past 13 years, Te Chang's highest Quick Ratio was 2.63. The lowest was 1.58. And the median was 1.73.

ROCO:5511's Quick Ratio is ranked better than
67.11% of 1785 companies
in the Construction industry
Industry Median: 1.29 vs ROCO:5511: 1.68

Te Chang  (ROCO:5511) 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.


Te Chang Quick Ratio Related Terms


Te Chang Quick Ratio Historical Data

* Premium members only.

The historical data trend for Te Chang'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.

Te Chang Quick Ratio Chart

Te Chang Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.72 1.96 1.83 1.68

Te Chang Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 1.70 1.51 1.69 1.68

ROCO:5511 vs PWR, FIX, EME: Quick Ratio Comparison

For the Engineering & Construction subindustry, Te Chang'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.


Te Chang Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Te Chang's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Te Chang's Quick Ratio falls into.


ROCO:5511
87GF Score
Te Chang ROCO:5511
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Te Chang 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.

Te Chang'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
=(11668.859-822.419)/6459.927
=1.68

Te Chang'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
=(11668.859-822.419)/6459.927
=1.68

* 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 1.68 mean?
Te Chang (ROCO:5511) has a Quick Ratio of 1.68 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Te Chang and its competitors. This is near median its historical median of 1.73. Over the past decade, Te Chang's Quick Ratio has ranged from 1.58 to 2.63. According to the industry distribution chart, Te Chang ranks #587 out of 1785 companies in the Construction industry, placing it in the top 32.9%.
Is Te Chang's Quick Ratio too high?
Te Chang's current Quick Ratio of 1.68 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 2.63. The Construction industry median Quick Ratio is 1.29. Te Chang's value of 1.68 is 30.2% above this industry median. Based on the distribution chart, Te Chang ranks #587 out of 1785 companies in the Construction industry, which is above the industry midpoint. Overall, Te Chang has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Te Chang's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Te Chang ranks #587 out of 1785 companies for Quick Ratio. This puts Te Chang in the upper half of its industry. The industry median Quick Ratio is 1.29. Te Chang's value of 1.68 is 30.2% above this benchmark. Historically, Te Chang's own Quick Ratio has ranged from 1.58 to 2.63 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.29, Te Chang 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 1,785 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. Te Chang's current Quick Ratio of 1.68 is 30.2% 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 Te Chang 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. Te Chang's current Quick Ratio is 1.68, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Te Chang stock overvalued right now?
Based on GuruFocus' analysis, Te Chang (ROCO:5511) is currently considered Fairly Valued. The stock's GF Value™ is NT$62.59, compared to a current price of NT$69.10 — trading 10.4% above its estimated fair value. The current Quick Ratio is 1.68, which is near median its 10-year median of 1.73 and 30.2% above the Construction industry median of 1.29. Te Chang's overall GF Score™ is 87/100 with 4 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 Te Chang (ROCO:5511), the current Quick Ratio is 1.68 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 Te Chang (ROCO:5511) Overvalued in 2026?

Based on GuruFocus' analysis, Te Chang stock appears to be overvalued. The current stock price of NT$69.10 is trading 10.4% above its estimated GF Value™ of NT$62.59. GuruFocus considers Te Chang to be Fairly Valued.

Key valuation signals for ROCO:5511:

  • Quick Ratio: 1.68 (near median its 10-year median of 1.73)
  • GF Value™: NT$62.59 vs. price of NT$69.10 (10.4% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 30.2% above the Construction median (#587 of 1785)

No single metric tells the full story. See the ROCO:5511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Te Chang Business Description

Address Wuquan Road, 1st Floor, No.401-1, North District, Taichung, TWN, 40458
Te Chang main business operations include contracting for construction and civil engineering projects. The Group is engaged in the construction and real estate leasing business and is a single reportable segment. The company has presence in Taiwan, and Thailand. The company generates majority of revenue from Taiwan. The company's projects are Hospital Project, School Project, social housing, Factory building project, Commercial buildings, office building, civil Engineering, Other projects.
87GF Score

Get the complete analysis for ROCO:5511

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$69.10
Price
NT$62.59
GF Value