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SHSE:600123'
s Quick Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.55 Max: 0.98
Current: 0.56
During the past 13 years, Shanxi Lanhua Sci-Tech Venture Co's highest Quick Ratio was 0.98. The lowest was 0.34. And the median was 0.55.
SHSE:600123's Quick Ratio is ranked worse than 84.86% of 185
companies
in the Other Energy Sources industry
Industry Median: 1.66
vs SHSE:600123: 0.56
Shanxi Lanhua Sci-Tech Venture Co (SHSE:600123) 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.
Shanxi Lanhua Sci-Tech Venture Co Quick Ratio Related Terms
Shanxi Lanhua Sci-Tech Venture 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.
Shanxi Lanhua Sci-Tech Venture Co Quick Ratio Chart
Shanxi Lanhua Sci-Tech Venture Co Quick Ratio Competitor Comparison
For the Thermal Coal subindustry, Shanxi Lanhua Sci-Tech Venture 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.
Shanxi Lanhua Sci-Tech Venture Co Quick Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Shanxi Lanhua Sci-Tech Venture Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shanxi Lanhua Sci-Tech Venture Co's Quick Ratio falls into.
Shanxi Lanhua Sci-Tech Venture 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.
Shanxi Lanhua Sci-Tech Venture Co (SHSE:600123) has a Quick Ratio of 0.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanxi Lanhua Sci-Tech Venture Co and its competitors. This is near median its historical median of 0.55. Over the past decade, Shanxi Lanhua Sci-Tech Venture Co's Quick Ratio has ranged from 0.34 to 0.98. According to the industry distribution chart, Shanxi Lanhua Sci-Tech Venture Co ranks #157 out of 185 companies in the Other Energy Sources industry, placing it in the top 84.9%.
Is Shanxi Lanhua Sci-Tech Venture Co's Quick Ratio too high?
Shanxi Lanhua Sci-Tech Venture Co's current Quick Ratio of 0.56 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 0.98. The Other Energy Sources industry median Quick Ratio is 1.66. Shanxi Lanhua Sci-Tech Venture Co's value of 0.56 is 66.3% below this industry median. Based on the distribution chart, Shanxi Lanhua Sci-Tech Venture Co ranks #157 out of 185 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Shanxi Lanhua Sci-Tech Venture 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 Shanxi Lanhua Sci-Tech Venture Co's Quick Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Shanxi Lanhua Sci-Tech Venture Co ranks #157 out of 185 companies for Quick Ratio. This places Shanxi Lanhua Sci-Tech Venture Co in the lower half of its industry. The industry median Quick Ratio is 1.66. Shanxi Lanhua Sci-Tech Venture Co's value of 0.56 is 66.3% below this benchmark. Historically, Shanxi Lanhua Sci-Tech Venture Co's own Quick Ratio has ranged from 0.34 to 0.98 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.66, Shanxi Lanhua Sci-Tech Venture 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 Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.66, based on 185 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. Shanxi Lanhua Sci-Tech Venture Co's current Quick Ratio of 0.56 is 66.3% 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 Shanxi Lanhua Sci-Tech Venture Co and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Lanhua Sci-Tech Venture Co's current Quick Ratio is 0.56, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Lanhua Sci-Tech Venture Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Lanhua Sci-Tech Venture Co (SHSE:600123) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.42, compared to a current price of ¥6.44 — trading 0.3% above its estimated fair value. The current Quick Ratio is 0.56, which is near median its 10-year median of 0.55 and 66.3% below the Other Energy Sources industry median of 1.66. Shanxi Lanhua Sci-Tech Venture Co's overall GF Score™ is 57/100 with 7 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 Shanxi Lanhua Sci-Tech Venture Co (SHSE:600123), the current Quick Ratio is 0.56 as of Mar. 2026. 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 Shanxi Lanhua Sci-Tech Venture Co (SHSE:600123) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Lanhua Sci-Tech Venture Co stock appears to be overvalued.
The current stock price of ¥6.44 is trading 0.3% above its estimated GF Value™ of ¥6.42.
GuruFocus considers Shanxi Lanhua Sci-Tech Venture Co to be Fairly Valued.
Key valuation signals for SHSE:600123:
Quick Ratio: 0.56 (near median its 10-year median of 0.55)
GF Value™: ¥6.42 vs. price of ¥6.44 (0.3% above fair value)
Industry Position: 66.3% below the Other Energy Sources median (#157 of 185)
No single metric tells the full story. See the SHSE:600123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanxi Lanhua Sci-Tech Venture Co Business Description
Shanxi Lanhua Sci-Tech Venture Co Ltd is engaged in the production and sale of coal. It also offers chemical products comprising urea, fertilizer products, caprolactam products, dimethyl ether, and methanol. The company sells its products in various provinces and cities in China; and exports its products to North America, Southeast Asia, and other countries.
57GF Score
Get the complete analysis for SHSE:600123
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