Guizhou Broadcasting & TV Information Network Co (SHSE:600996) Quick Ratio: 0.38 (As of Mar. 2026) — 39% Below Median

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SHSE:600996 Guizhou Broadcasting & TV Information Network Co Ltd SHSE:600996
51 GF Score
Price ¥6.68
GF Value ¥6.46
Valuation Fairly Valued
! 7 Warning Signs
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What is Guizhou Broadcasting & TV Information Network Co Quick Ratio?

Guizhou Broadcasting & TV Information Network Co SHSE:600996 +1.52% 51 Quick Ratio is 0.38 as of Mar. 2026, which is 39% below its 10-year median of 0.62. GuruFocus rates SHSE:600996 with a GF Score™ of 51/100 and a GF Value™ of ¥6.46 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,026 Media - Diversified companies, Guizhou Broadcasting & TV Information Network Co ranks worse than 91.52% 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. Guizhou Broadcasting & TV Information Network Co's quick ratio for the quarter that ended in Mar. 2026 was 0.38.

Guizhou Broadcasting & TV Information Network Co has a quick ratio of 0.38. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Guizhou Broadcasting & TV Information Network Co's Quick Ratio or its related term are showing as below:

SHSE:600996' s Quick Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.62   Max: 1.2
Current: 0.38

During the past 13 years, Guizhou Broadcasting & TV Information Network Co's highest Quick Ratio was 1.20. The lowest was 0.37. And the median was 0.62.

SHSE:600996's Quick Ratio is ranked worse than
91.52% of 1026 companies
in the Media - Diversified industry
Industry Median: 1.46 vs SHSE:600996: 0.38

Guizhou Broadcasting & TV Information Network Co  (SHSE:600996) 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.


Guizhou Broadcasting & TV Information Network Co Quick Ratio Related Terms


Guizhou Broadcasting & TV Information Network Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Guizhou Broadcasting & TV Information Network 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.

Guizhou Broadcasting & TV Information Network Co Quick Ratio Chart

Guizhou Broadcasting & TV Information Network 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 0.64 0.61 0.53 0.44 0.37

Guizhou Broadcasting & TV Information Network 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 0.45 0.42 0.41 0.37 0.38

SHSE:600996 vs NXST: Quick Ratio Comparison

For the Broadcasting subindustry, Guizhou Broadcasting & TV Information Network 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.


Guizhou Broadcasting & TV Information Network Co Quick Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guizhou Broadcasting & TV Information Network Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Guizhou Broadcasting & TV Information Network Co's Quick Ratio falls into.


SHSE:600996
51GF Score
Guizhou Broadcasting & TV Information Network Co Ltd SHSE:600996
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Guizhou Broadcasting & TV Information Network 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.

Guizhou Broadcasting & TV Information Network 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
=(4079.656-209.008)/10408.19
=0.37

Guizhou Broadcasting & TV Information Network 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
=(3930.369-210.618)/9826.272
=0.38

* 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 0.38 mean?
Guizhou Broadcasting & TV Information Network Co (SHSE:600996) has a Quick Ratio of 0.38 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Guizhou Broadcasting & TV Information Network Co and its competitors. This is 39% below median its historical median of 0.62. Over the past decade, Guizhou Broadcasting & TV Information Network Co's Quick Ratio has ranged from 0.37 to 1.20. According to the industry distribution chart, Guizhou Broadcasting & TV Information Network Co ranks #939 out of 1026 companies in the Media - Diversified industry, placing it in the top 91.5%.
Is Guizhou Broadcasting & TV Information Network Co's Quick Ratio too high?
Guizhou Broadcasting & TV Information Network Co's current Quick Ratio of 0.38 is 39% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.20. The Media - Diversified industry median Quick Ratio is 1.46. Guizhou Broadcasting & TV Information Network Co's value of 0.38 is 74% below this industry median. Based on the distribution chart, Guizhou Broadcasting & TV Information Network Co ranks #939 out of 1026 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Guizhou Broadcasting & TV Information Network Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guizhou Broadcasting & TV Information Network Co's Quick Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Guizhou Broadcasting & TV Information Network Co ranks #939 out of 1026 companies for Quick Ratio. This places Guizhou Broadcasting & TV Information Network Co in the lower half of its industry. The industry median Quick Ratio is 1.46. Guizhou Broadcasting & TV Information Network Co's value of 0.38 is 74% below this benchmark. Historically, Guizhou Broadcasting & TV Information Network Co's own Quick Ratio has ranged from 0.37 to 1.20 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.46, Guizhou Broadcasting & TV Information Network 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 Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,026 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. Guizhou Broadcasting & TV Information Network Co's current Quick Ratio of 0.38 is 74% 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 Guizhou Broadcasting & TV Information Network Co and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guizhou Broadcasting & TV Information Network Co's current Quick Ratio is 0.38, which is 39% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guizhou Broadcasting & TV Information Network Co stock overvalued right now?
Based on GuruFocus' analysis, Guizhou Broadcasting & TV Information Network Co (SHSE:600996) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.46, compared to a current price of ¥6.68 — trading 3.4% above its estimated fair value. The current Quick Ratio is 0.38, which is 39% below median its 10-year median of 0.62 and 74% below the Media - Diversified industry median of 1.46. Guizhou Broadcasting & TV Information Network Co's overall GF Score™ is 51/100 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 Guizhou Broadcasting & TV Information Network Co (SHSE:600996), the current Quick Ratio is 0.38 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 Guizhou Broadcasting & TV Information Network Co (SHSE:600996) Overvalued in 2026?

Based on GuruFocus' analysis, Guizhou Broadcasting & TV Information Network Co stock appears to be overvalued. The current stock price of ¥6.68 is trading 3.4% above its estimated GF Value™ of ¥6.46. GuruFocus considers Guizhou Broadcasting & TV Information Network Co to be Fairly Valued.

Key valuation signals for SHSE:600996:

  • Quick Ratio: 0.38 (39% below median its 10-year median of 0.62)
  • GF Value™: ¥6.46 vs. price of ¥6.68 (3.4% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 74% below the Media - Diversified median (#939 of 1026)

No single metric tells the full story. See the SHSE:600996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guizhou Broadcasting & TV Information Network Co Business Description

Address No. 36, Jinyang South Road, Guanshanhu District, Guizhou Province, Guiyang, CHN, 550081
Guizhou Broadcasting & TV Information Network Co Ltd provides radio and television program ratings services, digital TV value-added business development & management, data services and cable TV-related transmission services.
51GF Score

Get the complete analysis for SHSE:600996

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

¥6.68
Price
¥6.46
GF Value