China Hainan Rubber Industry Group Co has a quick ratio of 0.74. It indicates that the company cannot currently fully pay back its current liabilities.
SHSE:601118's Quick Ratio is ranked worse than 79.99% of 1604
companies
in the Chemicals industry
Industry Median: 1.38
vs SHSE:601118: 0.74
China Hainan Rubber Industry Group Co (SHSE:601118) 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.
China Hainan Rubber Industry Group Co Quick Ratio Related Terms
China Hainan Rubber Industry Group 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.
China Hainan Rubber Industry Group Co Quick Ratio Chart
SHSE:601118 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, China Hainan Rubber Industry 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.
China Hainan Rubber Industry Group Co Quick Ratio vs Chemicals Industry
China Hainan Rubber Industry 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.
* 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.
China Hainan Rubber Industry Group Co (SHSE:601118) has a Quick Ratio of 0.74 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Hainan Rubber Industry Group Co and its competitors. This is 12% below median its historical median of 0.84. Over the past decade, China Hainan Rubber Industry Group Co's Quick Ratio has ranged from 0.49 to 1.63. According to the industry distribution chart, China Hainan Rubber Industry Group Co ranks #1283 out of 1604 companies in the Chemicals industry, placing it in the top 80%.
Is China Hainan Rubber Industry Group Co's Quick Ratio too high?
China Hainan Rubber Industry Group Co's current Quick Ratio of 0.74 is 12% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.63. The Chemicals industry median Quick Ratio is 1.38. China Hainan Rubber Industry Group Co's value of 0.74 is 46.4% below this industry median. Based on the distribution chart, China Hainan Rubber Industry Group Co ranks #1283 out of 1604 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, China Hainan Rubber Industry Group Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Hainan Rubber Industry Group Co's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, China Hainan Rubber Industry Group Co ranks #1283 out of 1604 companies for Quick Ratio. This places China Hainan Rubber Industry Group Co in the lower half of its industry. The industry median Quick Ratio is 1.38. China Hainan Rubber Industry Group Co's value of 0.74 is 46.4% below this benchmark. Historically, China Hainan Rubber Industry Group Co's own Quick Ratio has ranged from 0.49 to 1.63 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.38, China Hainan Rubber Industry 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,604 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. China Hainan Rubber Industry Group Co's current Quick Ratio of 0.74 is 46.4% 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 China Hainan Rubber Industry Group Co and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Hainan Rubber Industry Group Co's current Quick Ratio is 0.74, which is 12% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Hainan Rubber Industry Group Co stock overvalued right now?
Based on GuruFocus' analysis, China Hainan Rubber Industry Group Co (SHSE:601118) is currently considered Possible Value Trap. The stock's GF Value™ is ¥7.17, compared to a current price of ¥4.75 — trading 33.8% below its estimated fair value. The current Quick Ratio is 0.74, which is 12% below median its 10-year median of 0.84 and 46.4% below the Chemicals industry median of 1.38. China Hainan Rubber Industry Group Co's overall GF Score™ is 67/100 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 China Hainan Rubber Industry Group Co (SHSE:601118), the current Quick Ratio is 0.74 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 China Hainan Rubber Industry Group Co (SHSE:601118) Overvalued in 2026?
Based on GuruFocus' analysis, China Hainan Rubber Industry Group Co stock appears to be undervalued.
The current stock price of ¥4.75 is trading 33.8% below its estimated GF Value™ of ¥7.17.
GuruFocus considers China Hainan Rubber Industry Group Co to be Possible Value Trap.
Key valuation signals for SHSE:601118:
Quick Ratio: 0.74 (12% below median its 10-year median of 0.84)
GF Value™: ¥7.17 vs. price of ¥4.75 (33.8% below fair value)
Industry Position: 46.4% below the Chemicals median (#1283 of 1604)
No single metric tells the full story. See the SHSE:601118 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Hainan Rubber Industry Group Co Business Description
China Hainan Rubber Industry Group Co Ltd operates in the rubber industry. Its principal business activities include research and development, plantation, processing and distribution of natural rubber in China. Its product offering includes natural rubber inspection gloves, latex wire, aviation tire standard glue, meridian and light color glues.
67GF Score
Get the complete analysis for SHSE:601118
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