Changchun Gas Co (SHSE:600333) Quick Ratio: 0.45 (As of Mar. 2026) — 165% Above Median


SHSE:600333 Changchun Gas Co Ltd SHSE:600333
54 GF Score
Price ¥5.49
GF Value ¥5.32
Valuation Fairly Valued
! 9 Warning Signs
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What is Changchun Gas Co Quick Ratio?

Changchun Gas Co SHSE:600333 +4.57% 54 Quick Ratio is 0.45 as of Mar. 2026, which is 165% above its 10-year median of 0.17. GuruFocus rates SHSE:600333 with a GF Score™ of 54/100 and a GF Value™ of ¥5.32 (Fairly Valued). The stock has 9 warning signs investors should review. Among 509 Utilities - Regulated companies, Changchun Gas Co ranks worse than 89.59% 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. Changchun Gas Co's quick ratio for the quarter that ended in Mar. 2026 was 0.45.

Changchun Gas Co has a quick ratio of 0.45. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Changchun Gas Co's Quick Ratio or its related term are showing as below:

SHSE:600333' s Quick Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.17   Max: 0.46
Current: 0.45

During the past 13 years, Changchun Gas Co's highest Quick Ratio was 0.46. The lowest was 0.12. And the median was 0.17.

SHSE:600333's Quick Ratio is ranked worse than
89.59% of 509 companies
in the Utilities - Regulated industry
Industry Median: 1.01 vs SHSE:600333: 0.45

Changchun Gas Co  (SHSE:600333) 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.


Changchun Gas Co Quick Ratio Related Terms


Changchun Gas Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Changchun Gas Co'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.

Changchun Gas Co Quick Ratio Chart

Changchun Gas Co 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 0.19 0.13 0.37 0.31 0.46

Changchun Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 0.27 0.28 0.46 0.45

SHSE:600333 vs ATO, NI: Quick Ratio Comparison

For the Utilities - Regulated Gas subindustry, Changchun Gas 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.


Changchun Gas Co Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Changchun Gas Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Changchun Gas Co's Quick Ratio falls into.


SHSE:600333
54GF Score
Changchun Gas Co Ltd SHSE:600333
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Changchun Gas 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.

Changchun Gas Co'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
=(1911.834-463.926)/3140.901
=0.46

Changchun Gas Co's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1837.353-476.719)/2990.434
=0.45

* 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 0.45 mean?
Changchun Gas Co (SHSE:600333) has a Quick Ratio of 0.45 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Changchun Gas Co and its competitors. This is 165% above median its historical median of 0.17. Over the past decade, Changchun Gas Co's Quick Ratio has ranged from 0.12 to 0.46. According to the industry distribution chart, Changchun Gas Co ranks #456 out of 509 companies in the Utilities - Regulated industry, placing it in the top 89.6%.
Is Changchun Gas Co's Quick Ratio too high?
Changchun Gas Co's current Quick Ratio of 0.45 is 165% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.46. The Utilities - Regulated industry median Quick Ratio is 1.01. Changchun Gas Co's value of 0.45 is 55.4% below this industry median. Based on the distribution chart, Changchun Gas Co ranks #456 out of 509 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Changchun Gas Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Changchun Gas Co's Quick Ratio compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Changchun Gas Co ranks #456 out of 509 companies for Quick Ratio. This places Changchun Gas Co in the lower half of its industry. The industry median Quick Ratio is 1.01. Changchun Gas Co's value of 0.45 is 55.4% below this benchmark. Historically, Changchun Gas Co's own Quick Ratio has ranged from 0.12 to 0.46 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 1.01, Changchun Gas 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 Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 509 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. Changchun Gas Co's current Quick Ratio of 0.45 is 55.4% 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 Changchun Gas Co and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changchun Gas Co's current Quick Ratio is 0.45, which is 165% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changchun Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Changchun Gas Co (SHSE:600333) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.32, compared to a current price of ¥5.49 — trading 3.2% above its estimated fair value. The current Quick Ratio is 0.45, which is 165% above median its 10-year median of 0.17 and 55.4% below the Utilities - Regulated industry median of 1.01. Changchun Gas Co's overall GF Score™ is 54/100 with 9 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 Changchun Gas Co (SHSE:600333), the current Quick Ratio is 0.45 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 Changchun Gas Co (SHSE:600333) Overvalued in 2026?

Based on GuruFocus' analysis, Changchun Gas Co stock appears to be overvalued. The current stock price of ¥5.49 is trading 3.2% above its estimated GF Value™ of ¥5.32. GuruFocus considers Changchun Gas Co to be Fairly Valued.

Key valuation signals for SHSE:600333:

  • Quick Ratio: 0.45 (165% above median its 10-year median of 0.17)
  • GF Value™: ¥5.32 vs. price of ¥5.49 (3.2% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 55.4% below the Utilities - Regulated median (#456 of 509)

No single metric tells the full story. See the SHSE:600333 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changchun Gas Co Business Description

Address No. 421 Yan'an Street, Chaoyang District, Changchun, Jilin, CHN, 130061
Changchun Gas Co Ltd is engaged in the production and supply of gas in China. It engages in the production, sale, storage, transportation, and after-sales service of natural gas for automobiles; operation of gas filling stations. The company's business consists of Urban Pipeline Gas Supply, Municipal Engineering Construction, and Comprehensive Energy Services. The generates key revenue from Gas sales.
54GF Score

Get the complete analysis for SHSE:600333

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

¥5.49
Price
¥5.32
GF Value