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Shanghai Tongji Science & Technology Industrial Co has a quick ratio of 0.88. It indicates that the company cannot currently fully pay back its current liabilities.
SHSE:600846's Quick Ratio is ranked worse than 79.27% of 1785
companies
in the Construction industry
Industry Median: 1.29
vs SHSE:600846: 0.88
Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) 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.
Shanghai Tongji Science & Technology Industrial Co Quick Ratio Related Terms
Shanghai Tongji Science & Technology Industrial 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.
Shanghai Tongji Science & Technology Industrial Co Quick Ratio Chart
Shanghai Tongji Science & Technology Industrial Co Annual Data
* 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.
Shanghai Tongji Science & Technology Industrial Co Quick Ratio vs Construction Industry
Shanghai Tongji Science & Technology Industrial 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.
Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) has a Quick Ratio of 0.88 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai Tongji Science & Technology Industrial Co and its competitors. This is 24% above median its historical median of 0.71. Over the past decade, Shanghai Tongji Science & Technology Industrial Co's Quick Ratio has ranged from 0.37 to 1.23. According to the industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1415 out of 1785 companies in the Construction industry, placing it in the top 79.3%.
Is Shanghai Tongji Science & Technology Industrial Co's Quick Ratio too high?
Shanghai Tongji Science & Technology Industrial Co's current Quick Ratio of 0.88 is 24% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.23. The Construction industry median Quick Ratio is 1.29. Shanghai Tongji Science & Technology Industrial Co's value of 0.88 is 31.8% below this industry median. Based on the distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1415 out of 1785 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Shanghai Tongji Science & Technology Industrial Co has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongji Science & Technology Industrial Co's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shanghai Tongji Science & Technology Industrial Co ranks #1415 out of 1785 companies for Quick Ratio. This places Shanghai Tongji Science & Technology Industrial Co in the lower half of its industry. The industry median Quick Ratio is 1.29. Shanghai Tongji Science & Technology Industrial Co's value of 0.88 is 31.8% below this benchmark. Historically, Shanghai Tongji Science & Technology Industrial Co's own Quick Ratio has ranged from 0.37 to 1.23 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.29, Shanghai Tongji Science & Technology Industrial 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 a Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,785 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. Shanghai Tongji Science & Technology Industrial Co's current Quick Ratio of 0.88 is 31.8% 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 Shanghai Tongji Science & Technology Industrial Co and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Tongji Science & Technology Industrial Co's current Quick Ratio is 0.88, which is 24% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongji Science & Technology Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.85, compared to a current price of ¥10.71 — trading 8.7% above its estimated fair value. The current Quick Ratio is 0.88, which is 24% above median its 10-year median of 0.71 and 31.8% below the Construction industry median of 1.29. Shanghai Tongji Science & Technology Industrial Co's overall GF Score™ is 55/100 with 7 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 Shanghai Tongji Science & Technology Industrial Co (SHSE:600846), the current Quick Ratio is 0.88 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 Shanghai Tongji Science & Technology Industrial Co (SHSE:600846) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Tongji Science & Technology Industrial Co stock appears to be overvalued.
The current stock price of ¥10.71 is trading 8.7% above its estimated GF Value™ of ¥9.85.
GuruFocus considers Shanghai Tongji Science & Technology Industrial Co to be Fairly Valued.
Key valuation signals for SHSE:600846:
Quick Ratio: 0.88 (24% above median its 10-year median of 0.71)
GF Value™: ¥9.85 vs. price of ¥10.71 (8.7% above fair value)
Industry Position: 31.8% below the Construction median (#1415 of 1785)
No single metric tells the full story. See the SHSE:600846 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Tongji Science & Technology Industrial Co Business Description
Shanghai Tongji Science & Technology Industrial Co Ltd is engaged in Engineering construction and consulting services, science park value-added services and base operation and management, environmental engineering technology services and investment operation, real estate development business.
55GF Score
Get the complete analysis for SHSE:600846
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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