Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bright Oceans Inter-Telecom has a quick ratio of 2.86. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bright Oceans Inter-Telecom's Quick Ratio or its related term are showing as below:
SHSE:600289'
s Quick Ratio Range Over the Past 10 Years
Min: 1.91 Med: 3.1 Max: 5.39
Current: 2.86
During the past 13 years, Bright Oceans Inter-Telecom's highest Quick Ratio was 5.39. The lowest was 1.91. And the median was 3.10.
SHSE:600289's Quick Ratio is ranked better than 72.67% of 2869
companies
in the Software industry
Industry Median: 1.7
vs SHSE:600289: 2.86
Bright Oceans Inter-Telecom (SHSE:600289) 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.
Bright Oceans Inter-Telecom Quick Ratio Related Terms
Bright Oceans Inter-Telecom 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.
SHSE:600289 vs UBER, SHOP, CRM: Quick Ratio Comparison
For the Software - Application subindustry, Bright Oceans Inter-Telecom'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.
Bright Oceans Inter-Telecom Quick Ratio vs Software Industry
For the Software industry and Technology sector, Bright Oceans Inter-Telecom's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Bright Oceans Inter-Telecom's Quick Ratio falls into.
Bright Oceans Inter-Telecom 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.
Bright Oceans Inter-Telecom (SHSE:600289) has a Quick Ratio of 2.86 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bright Oceans Inter-Telecom and its competitors. This is near median its historical median of 3.10. Over the past decade, Bright Oceans Inter-Telecom's Quick Ratio has ranged from 1.91 to 5.39. According to the industry distribution chart, Bright Oceans Inter-Telecom ranks #784 out of 2869 companies in the Software industry, placing it in the top 27.3%.
Is Bright Oceans Inter-Telecom's Quick Ratio too high?
Bright Oceans Inter-Telecom's current Quick Ratio of 2.86 is near median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 5.39. The Software industry median Quick Ratio is 1.70. Bright Oceans Inter-Telecom's value of 2.86 is 68.2% above this industry median. Based on the distribution chart, Bright Oceans Inter-Telecom ranks #784 out of 2869 companies in the Software industry, which is above the industry midpoint. Overall, Bright Oceans Inter-Telecom has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bright Oceans Inter-Telecom's Quick Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Bright Oceans Inter-Telecom ranks #784 out of 2869 companies for Quick Ratio. This puts Bright Oceans Inter-Telecom in the upper half of its industry. The industry median Quick Ratio is 1.70. Bright Oceans Inter-Telecom's value of 2.86 is 68.2% above this benchmark. Historically, Bright Oceans Inter-Telecom's own Quick Ratio has ranged from 1.91 to 5.39 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 1.70, Bright Oceans Inter-Telecom 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,869 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. Bright Oceans Inter-Telecom's current Quick Ratio of 2.86 is 68.2% 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 Bright Oceans Inter-Telecom and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Oceans Inter-Telecom's current Quick Ratio is 2.86, which is near median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Oceans Inter-Telecom stock overvalued right now?
Based on GuruFocus' analysis, Bright Oceans Inter-Telecom (SHSE:600289) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.22, compared to a current price of ¥4.89 — trading 40.5% below its estimated fair value. The current Quick Ratio is 2.86, which is near median its 10-year median of 3.10 and 68.2% above the Software industry median of 1.70. Bright Oceans Inter-Telecom's overall GF Score™ is 35/100 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 Bright Oceans Inter-Telecom (SHSE:600289), the current Quick Ratio is 2.86 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 Bright Oceans Inter-Telecom (SHSE:600289) Overvalued in 2026?
Based on GuruFocus' analysis, Bright Oceans Inter-Telecom stock appears to be undervalued.
The current stock price of ¥4.89 is trading 40.5% below its estimated GF Value™ of ¥8.22.
GuruFocus considers Bright Oceans Inter-Telecom to be Possible Value Trap.
Key valuation signals for SHSE:600289:
Quick Ratio: 2.86 (near median its 10-year median of 3.10)
GF Value™: ¥8.22 vs. price of ¥4.89 (40.5% below fair value)
Industry Position: 68.2% above the Software median (#784 of 2869)
No single metric tells the full story. See the SHSE:600289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600289 has been successfully added to your 
