Anyang Iron & SteelSHSE:600569 51 Quick Ratio is 0.29 as of Mar. 2026, which is 19% below its 10-year median of 0.36. GuruFocus rates SHSE:600569 with a GF Score™ of 51/100 and a GF Value™ of ¥1.64 (Fairly Valued). The stock has 3 warning signs investors should review. Among 634 Steel companies, Anyang Iron & Steel ranks worse than 91.17% on this metric.
Anyang Iron & Steel has a quick ratio of 0.29. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Anyang Iron & Steel's Quick Ratio or its related term are showing as below:
SHSE:600569'
s Quick Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.36 Max: 0.5
Current: 0.29
During the past 13 years, Anyang Iron & Steel's highest Quick Ratio was 0.50. The lowest was 0.24. And the median was 0.36.
SHSE:600569's Quick Ratio is ranked worse than 91.17% of 634
companies
in the Steel industry
Industry Median: 1.02
vs SHSE:600569: 0.29
Anyang Iron & Steel (SHSE:600569) 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.
Anyang Iron & Steel Quick Ratio Related Terms
Anyang Iron & Steel Quick Ratio Historical Data
* Premium members only.
The historical data trend for Anyang Iron & Steel'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.
SHSE:600569 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Anyang Iron & Steel'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.
Anyang Iron & Steel Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Anyang Iron & Steel's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Anyang Iron & Steel's Quick Ratio falls into.
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.
Anyang Iron & Steel's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Anyang Iron & Steel (SHSE:600569) has a Quick Ratio of 0.29 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Anyang Iron & Steel and its competitors. This is 19% below median its historical median of 0.36. Over the past decade, Anyang Iron & Steel's Quick Ratio has ranged from 0.24 to 0.50. According to the industry distribution chart, Anyang Iron & Steel ranks #578 out of 634 companies in the Steel industry, placing it in the top 91.2%.
Is Anyang Iron & Steel's Quick Ratio too high?
Anyang Iron & Steel's current Quick Ratio of 0.29 is 19% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.50. The Steel industry median Quick Ratio is 1.02. Anyang Iron & Steel's value of 0.29 is 71.6% below this industry median. Based on the distribution chart, Anyang Iron & Steel ranks #578 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Anyang Iron & Steel has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anyang Iron & Steel's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Anyang Iron & Steel ranks #578 out of 634 companies for Quick Ratio. This places Anyang Iron & Steel in the lower half of its industry. The industry median Quick Ratio is 1.02. Anyang Iron & Steel's value of 0.29 is 71.6% below this benchmark. Historically, Anyang Iron & Steel's own Quick Ratio has ranged from 0.24 to 0.50 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.02, Anyang Iron & Steel 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 a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Anyang Iron & Steel's current Quick Ratio of 0.29 is 71.6% 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 Anyang Iron & Steel and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anyang Iron & Steel's current Quick Ratio is 0.29, which is 19% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anyang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Anyang Iron & Steel (SHSE:600569) is currently considered Fairly Valued. The stock's GF Value™ is ¥1.64, compared to a current price of ¥1.69 — trading 3% above its estimated fair value. The current Quick Ratio is 0.29, which is 19% below median its 10-year median of 0.36 and 71.6% below the Steel industry median of 1.02. Anyang Iron & Steel's overall GF Score™ is 51/100 with 3 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 Anyang Iron & Steel (SHSE:600569), the current Quick Ratio is 0.29 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 Anyang Iron & Steel (SHSE:600569) Overvalued in 2026?
Based on GuruFocus' analysis, Anyang Iron & Steel stock appears to be overvalued.
The current stock price of ¥1.69 is trading 3% above its estimated GF Value™ of ¥1.64.
GuruFocus considers Anyang Iron & Steel to be Fairly Valued.
Key valuation signals for SHSE:600569:
Quick Ratio: 0.29 (19% below median its 10-year median of 0.36)
GF Value™: ¥1.64 vs. price of ¥1.69 (3% above fair value)
Industry Position: 71.6% below the Steel median (#578 of 634)
No single metric tells the full story. See the SHSE:600569 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anyang Iron & Steel Inc is engaged in steel integrating coking, sintering, smelting, rolling materials and scientific research and development. It produces medium and heavy plates, furnace coils, hot rolled coils, high-speed wires, small and medium-sized materials.
51GF Score
Get the complete analysis for SHSE:600569
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:600569 has been successfully added to your 
