SHSE:600316's Quick Ratio is ranked worse than 56.3% of 357
companies
in the Aerospace & Defense industry
Industry Median: 1.3
vs SHSE:600316: 1.14
Jiangxi Hongdu Aviation Industry Co (SHSE:600316) 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.
Jiangxi Hongdu Aviation Industry Co Quick Ratio Related Terms
Jiangxi Hongdu Aviation Industry 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.
Jiangxi Hongdu Aviation Industry Co Quick Ratio Chart
SHSE:600316 vs SPCX, GE, RTX: Quick Ratio Comparison
For the Aerospace & Defense subindustry, Jiangxi Hongdu Aviation Industry 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.
Jiangxi Hongdu Aviation Industry Co Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Jiangxi Hongdu Aviation Industry Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Jiangxi Hongdu Aviation Industry Co's Quick Ratio falls into.
Jiangxi Hongdu Aviation Industry 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.
Jiangxi Hongdu Aviation Industry Co (SHSE:600316) has a Quick Ratio of 1.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jiangxi Hongdu Aviation Industry Co and its competitors. This is 21% above median its historical median of 0.94. Over the past decade, Jiangxi Hongdu Aviation Industry Co's Quick Ratio has ranged from 0.13 to 1.38. According to the industry distribution chart, Jiangxi Hongdu Aviation Industry Co ranks #201 out of 357 companies in the Aerospace & Defense industry, placing it in the top 56.3%.
Is Jiangxi Hongdu Aviation Industry Co's Quick Ratio too high?
Jiangxi Hongdu Aviation Industry Co's current Quick Ratio of 1.14 is 21% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.38. The Aerospace & Defense industry median Quick Ratio is 1.30. Jiangxi Hongdu Aviation Industry Co's value of 1.14 is 12.3% below this industry median. Based on the distribution chart, Jiangxi Hongdu Aviation Industry Co ranks #201 out of 357 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Jiangxi Hongdu Aviation Industry Co has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangxi Hongdu Aviation Industry Co's Quick Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Jiangxi Hongdu Aviation Industry Co ranks #201 out of 357 companies for Quick Ratio. This places Jiangxi Hongdu Aviation Industry Co in the lower half of its industry. The industry median Quick Ratio is 1.30. Jiangxi Hongdu Aviation Industry Co's value of 1.14 is 12.3% below this benchmark. Historically, Jiangxi Hongdu Aviation Industry Co's own Quick Ratio has ranged from 0.13 to 1.38 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.30, Jiangxi Hongdu Aviation Industry 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 Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.30, based on 357 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. Jiangxi Hongdu Aviation Industry Co's current Quick Ratio of 1.14 is 12.3% 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 Jiangxi Hongdu Aviation Industry Co and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangxi Hongdu Aviation Industry Co's current Quick Ratio is 1.14, which is 21% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangxi Hongdu Aviation Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangxi Hongdu Aviation Industry Co (SHSE:600316) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥51.26, compared to a current price of ¥27.72 — trading 45.9% below its estimated fair value. The current Quick Ratio is 1.14, which is 21% above median its 10-year median of 0.94 and 12.3% below the Aerospace & Defense industry median of 1.30. Jiangxi Hongdu Aviation Industry Co's overall GF Score™ is 62/100 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 Jiangxi Hongdu Aviation Industry Co (SHSE:600316), the current Quick Ratio is 1.14 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 Jiangxi Hongdu Aviation Industry Co (SHSE:600316) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangxi Hongdu Aviation Industry Co stock appears to be undervalued.
The current stock price of ¥27.72 is trading 45.9% below its estimated GF Value™ of ¥51.26.
GuruFocus considers Jiangxi Hongdu Aviation Industry Co to be Significantly Undervalued.
Key valuation signals for SHSE:600316:
Quick Ratio: 1.14 (21% above median its 10-year median of 0.94)
GF Value™: ¥51.26 vs. price of ¥27.72 (45.9% below fair value)
Industry Position: 12.3% below the Aerospace & Defense median (#201 of 357)
No single metric tells the full story. See the SHSE:600316 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangxi Hongdu Aviation Industry Co Business Description
Jiangxi Hongdu Aviation Industry Co Ltd engages in the manufacture and sale of aviation products, motorcycles, and engines. The company operates through Trainer Business, Subcontract Production Business, and General Aviation Business segments. The main products of the K8 series jet trainer and the first teacher six-propeller trainer are exported to many countries and regions such as Asia, Africa, and the Americas. Further, the group act as the main export base for China's trainer aircraft, agricultural and forestry aircraft research and production bases and aviation foreign trade.
62GF Score
Get the complete analysis for SHSE:600316
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600316 has been successfully added to your 
