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Heilongjiang Agriculture CoSHSE:600598 +2.09%70 Quick Ratio is 1.40 as of Mar. 2026, which is 17% below its 10-year median of 1.68. GuruFocus rates SHSE:600598 with a GF Score™ of 70/100 and a GF Value™ of ¥14.97 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,993 Consumer Packaged Goods companies, Heilongjiang Agriculture Co ranks better than 60.16% on this metric.
Heilongjiang Agriculture Co has a quick ratio of 1.40. It generally indicates good short-term financial strength.
The historical rank and industry rank for Heilongjiang Agriculture Co's Quick Ratio or its related term are showing as below:
SHSE:600598'
s Quick Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.68 Max: 3.9
Current: 1.4
During the past 13 years, Heilongjiang Agriculture Co's highest Quick Ratio was 3.90. The lowest was 1.09. And the median was 1.68.
SHSE:600598's Quick Ratio is ranked better than 60.16% of 1993
companies
in the Consumer Packaged Goods industry
Industry Median: 1.11
vs SHSE:600598: 1.40
Heilongjiang Agriculture Co (SHSE:600598) 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.
Heilongjiang Agriculture Co Quick Ratio Related Terms
Heilongjiang Agriculture 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.
SHSE:600598 vs ADM, BG, TSN: Quick Ratio Comparison
For the Farm Products subindustry, Heilongjiang Agriculture 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.
Heilongjiang Agriculture Co Quick Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Heilongjiang Agriculture Co's Quick Ratio falls into.
Heilongjiang Agriculture 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.
Heilongjiang Agriculture Co (SHSE:600598) has a Quick Ratio of 1.40 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Heilongjiang Agriculture Co and its competitors. This is 17% below median its historical median of 1.68. Over the past decade, Heilongjiang Agriculture Co's Quick Ratio has ranged from 1.09 to 3.90. According to the industry distribution chart, Heilongjiang Agriculture Co ranks #794 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 39.8%.
Is Heilongjiang Agriculture Co's Quick Ratio too high?
Heilongjiang Agriculture Co's current Quick Ratio of 1.40 is 17% below median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.90. The Consumer Packaged Goods industry median Quick Ratio is 1.11. Heilongjiang Agriculture Co's value of 1.40 is 26.1% above this industry median. Based on the distribution chart, Heilongjiang Agriculture Co ranks #794 out of 1993 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Heilongjiang Agriculture Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Agriculture Co's Quick Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Heilongjiang Agriculture Co ranks #794 out of 1993 companies for Quick Ratio. This puts Heilongjiang Agriculture Co in the upper half of its industry. The industry median Quick Ratio is 1.11. Heilongjiang Agriculture Co's value of 1.40 is 26.1% above this benchmark. Historically, Heilongjiang Agriculture Co's own Quick Ratio has ranged from 1.09 to 3.90 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 1.11, Heilongjiang Agriculture Co 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.11, based on 1,993 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. Heilongjiang Agriculture Co's current Quick Ratio of 1.40 is 26.1% 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 Heilongjiang Agriculture Co and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heilongjiang Agriculture Co's current Quick Ratio is 1.40, which is 17% below median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Agriculture Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co (SHSE:600598) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.97, compared to a current price of ¥12.20 — trading 18.5% below its estimated fair value. The current Quick Ratio is 1.40, which is 17% below median its 10-year median of 1.68 and 26.1% above the Consumer Packaged Goods industry median of 1.11. Heilongjiang Agriculture Co's overall GF Score™ is 70/100 with 6 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 Heilongjiang Agriculture Co (SHSE:600598), the current Quick Ratio is 1.40 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 Heilongjiang Agriculture Co (SHSE:600598) Overvalued in 2026?
Based on GuruFocus' analysis, Heilongjiang Agriculture Co stock appears to be undervalued.
The current stock price of ¥12.20 is trading 18.5% below its estimated GF Value™ of ¥14.97.
GuruFocus considers Heilongjiang Agriculture Co to be Modestly Undervalued.
Key valuation signals for SHSE:600598:
Quick Ratio: 1.40 (17% below median its 10-year median of 1.68)
GF Value™: ¥14.97 vs. price of ¥12.20 (18.5% below fair value)
Industry Position: 26.1% above the Consumer Packaged Goods median (#794 of 1993)
No single metric tells the full story. See the SHSE:600598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heilongjiang Agriculture Co Ltd is an agricultural company. It is engaged in the contracting and operating of cultivated land; production and sale of food crops such as rice and corn; technology, information, and services related to crop production; retail of fertilizers (only branches can operate these businesses); and real estate development and sales.
70GF Score
Get the complete analysis for SHSE:600598
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