Grandtop Yongxing Group Co (SHSE:601033) Quick Ratio: 1.40 (As of Mar. 2026) — 65% Above Median


SHSE:601033 Grandtop Yongxing Group Co Ltd SHSE:601033
36 GF Score
Price ¥14.04
! 5 Warning Signs
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What is Grandtop Yongxing Group Co Quick Ratio?

Grandtop Yongxing Group Co SHSE:601033 +2.26% 36 Quick Ratio is 1.40 as of Mar. 2026, which is 65% above its 10-year median of 0.85. GuruFocus rates SHSE:601033 with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 246 Waste Management companies, Grandtop Yongxing Group Co ranks worse than 50.41% 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. Grandtop Yongxing Group Co's quick ratio for the quarter that ended in Mar. 2026 was 1.40.

Grandtop Yongxing Group Co has a quick ratio of 1.40. It generally indicates good short-term financial strength.

The historical rank and industry rank for Grandtop Yongxing Group Co's Quick Ratio or its related term are showing as below:

SHSE:601033' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.85   Max: 1.4
Current: 1.4

During the past 7 years, Grandtop Yongxing Group Co's highest Quick Ratio was 1.40. The lowest was 0.48. And the median was 0.85.

SHSE:601033's Quick Ratio is ranked worse than
50.41% of 246 companies
in the Waste Management industry
Industry Median: 1.405 vs SHSE:601033: 1.40

Grandtop Yongxing Group Co  (SHSE:601033) 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.


Grandtop Yongxing Group Co Quick Ratio Related Terms


Grandtop Yongxing Group Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Grandtop Yongxing Group 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.

Grandtop Yongxing Group Co Quick Ratio Chart

Grandtop Yongxing Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 0.48 0.58 0.52 1.03 0.97

Grandtop Yongxing Group Co Quarterly Data
Dec19 Dec20 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 1.26 0.98 1.09 0.97 1.40

SHSE:601033 vs WM, RSG, WCN: Quick Ratio Comparison

For the Waste Management subindustry, Grandtop Yongxing Group 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.


Grandtop Yongxing Group Co Quick Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Grandtop Yongxing Group Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Grandtop Yongxing Group Co's Quick Ratio falls into.


SHSE:601033
36GF Score
Grandtop Yongxing Group Co Ltd SHSE:601033
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grandtop Yongxing Group 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.

Grandtop Yongxing Group 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
=(3856.302-95.971)/3857.669
=0.97

Grandtop Yongxing Group 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
=(5325.715-97.118)/3743.887
=1.40

* 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 1.40 mean?
Grandtop Yongxing Group Co (SHSE:601033) 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 Grandtop Yongxing Group Co and its competitors. This is 65% above median its historical median of 0.85. Over the past decade, Grandtop Yongxing Group Co's Quick Ratio has ranged from 0.48 to 1.40. According to the industry distribution chart, Grandtop Yongxing Group Co ranks #124 out of 246 companies in the Waste Management industry, placing it in the top 50.4%.
Is Grandtop Yongxing Group Co's Quick Ratio too high?
Grandtop Yongxing Group Co's current Quick Ratio of 1.40 is 65% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.40. The Waste Management industry median Quick Ratio is 1.41. Grandtop Yongxing Group Co's value of 1.40 is 0.4% below this industry median. Based on the distribution chart, Grandtop Yongxing Group Co ranks #124 out of 246 companies in the Waste Management industry, which is below the industry midpoint. Overall, Grandtop Yongxing Group Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Grandtop Yongxing Group Co's Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Grandtop Yongxing Group Co ranks #124 out of 246 companies for Quick Ratio. This places Grandtop Yongxing Group Co in the lower half of its industry. The industry median Quick Ratio is 1.41. Grandtop Yongxing Group Co's value of 1.40 is 0.4% below this benchmark. Historically, Grandtop Yongxing Group Co's own Quick Ratio has ranged from 0.48 to 1.40 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.41, Grandtop Yongxing Group 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.41, based on 246 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. Grandtop Yongxing Group Co's current Quick Ratio of 1.40 is 0.4% 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 Grandtop Yongxing Group Co and its competitors. For the Waste Management industry, the median Quick Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandtop Yongxing Group Co's current Quick Ratio is 1.40, which is 65% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandtop Yongxing Group Co stock overvalued right now?
Grandtop Yongxing Group Co (SHSE:601033) has a current Quick Ratio of 1.40. The current Quick Ratio is 1.40, which is 65% above median its 10-year median of 0.85 and 0.4% below the Waste Management industry median of 1.41. Grandtop Yongxing Group Co's overall GF Score™ is 36/100 with 5 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 Grandtop Yongxing Group Co (SHSE:601033), 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.

Grandtop Yongxing Group Co Business Description

Address No. 13-19, Ketai 2nd Road, Room 401-199, 4th Floor, Building 1, High-tech Zone, Industrial Innovation Park, Baiyun, Guangzhou Private Science and Technology Park, Guangzhou, Guangdong, CHN, 510540
Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.
36GF Score

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