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Shandong Xinchao EnergySHSE:600777 +0.25%53 Quick Ratio is 2.76 as of Jun. 2026, which is 109% above its 10-year median of 1.32. GuruFocus rates SHSE:600777 with a GF Score™ of 53/100 and a GF Value™ of ¥2.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,023 Oil & Gas companies, Shandong Xinchao Energy ranks better than 80.84% on this metric.
Shandong Xinchao Energy (SHSE:600777) 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.
Shandong Xinchao Energy Quick Ratio Related Terms
Shandong Xinchao Energy 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:600777 vs COP, EOG, OXY: Quick Ratio Comparison
For the Oil & Gas E&P subindustry, Shandong Xinchao Energy'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.
Shandong Xinchao Energy Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shandong Xinchao Energy's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shandong Xinchao Energy'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.
Shandong Xinchao Energy'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.
Shandong Xinchao Energy (SHSE:600777) has a Quick Ratio of 2.76 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shandong Xinchao Energy and its competitors. This is 109% above median its historical median of 1.32. Over the past decade, Shandong Xinchao Energy's Quick Ratio has ranged from 0.50 to 5.02. According to the industry distribution chart, Shandong Xinchao Energy ranks #196 out of 1023 companies in the Oil & Gas industry, placing it in the top 19.2%.
Is Shandong Xinchao Energy's Quick Ratio too high?
Shandong Xinchao Energy's current Quick Ratio of 2.76 is 109% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 5.02. The Oil & Gas industry median Quick Ratio is 1.14. Shandong Xinchao Energy's value of 2.76 is 142.1% above this industry median. Based on the distribution chart, Shandong Xinchao Energy ranks #196 out of 1023 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Xinchao Energy has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Xinchao Energy's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Shandong Xinchao Energy ranks #196 out of 1023 companies for Quick Ratio. This places Shandong Xinchao Energy in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.14. Shandong Xinchao Energy's value of 2.76 is 142.1% above this benchmark. Historically, Shandong Xinchao Energy's own Quick Ratio has ranged from 0.50 to 5.02 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.14, Shandong Xinchao Energy 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.14, based on 1,023 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. Shandong Xinchao Energy's current Quick Ratio of 2.76 is 142.1% 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 Shandong Xinchao Energy and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Xinchao Energy's current Quick Ratio is 2.76, which is 109% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Xinchao Energy stock overvalued right now?
Based on GuruFocus' analysis, Shandong Xinchao Energy (SHSE:600777) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.06, compared to a current price of ¥4.08 — trading 98.1% above its estimated fair value. The current Quick Ratio is 2.76, which is 109% above median its 10-year median of 1.32 and 142.1% above the Oil & Gas industry median of 1.14. Shandong Xinchao Energy's overall GF Score™ is 53/100 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 Shandong Xinchao Energy (SHSE:600777), the current Quick Ratio is 2.76 as of Jun. 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 Shandong Xinchao Energy (SHSE:600777) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Xinchao Energy stock appears to be overvalued.
The current stock price of ¥4.08 is trading 98.1% above its estimated GF Value™ of ¥2.06.
GuruFocus considers Shandong Xinchao Energy to be Significantly Overvalued.
Key valuation signals for SHSE:600777:
Quick Ratio: 2.76 (109% above median its 10-year median of 1.32)
GF Value™: ¥2.06 vs. price of ¥4.08 (98.1% above fair value)
Industry Position: 142.1% above the Oil & Gas median (#196 of 1023)
No single metric tells the full story. See the SHSE:600777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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