SHSE:601700's Quick Ratio is ranked worse than 76.5% of 3068
companies
in the Industrial Products industry
Industry Median: 1.39
vs SHSE:601700: 0.88
Changshu Fengfan Power Equipment Co (SHSE:601700) 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.
Changshu Fengfan Power Equipment Co Quick Ratio Related Terms
Changshu Fengfan Power Equipment 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.
Changshu Fengfan Power Equipment Co Quick Ratio Chart
SHSE:601700 vs CRS, ATI, MLI: Quick Ratio Comparison
For the Metal Fabrication subindustry, Changshu Fengfan Power Equipment 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.
Changshu Fengfan Power Equipment Co Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changshu Fengfan Power Equipment Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Changshu Fengfan Power Equipment Co's Quick Ratio falls into.
Changshu Fengfan Power Equipment 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.
Changshu Fengfan Power Equipment Co (SHSE:601700) 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 Changshu Fengfan Power Equipment Co and its competitors. This is 31% below median its historical median of 1.28. Over the past decade, Changshu Fengfan Power Equipment Co's Quick Ratio has ranged from 0.87 to 1.50. According to the industry distribution chart, Changshu Fengfan Power Equipment Co ranks #2347 out of 3068 companies in the Industrial Products industry, placing it in the top 76.5%.
Is Changshu Fengfan Power Equipment Co's Quick Ratio too high?
Changshu Fengfan Power Equipment Co's current Quick Ratio of 0.88 is 31% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.50. The Industrial Products industry median Quick Ratio is 1.39. Changshu Fengfan Power Equipment Co's value of 0.88 is 36.7% below this industry median. Based on the distribution chart, Changshu Fengfan Power Equipment Co ranks #2347 out of 3068 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Changshu Fengfan Power Equipment Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Fengfan Power Equipment Co's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Changshu Fengfan Power Equipment Co ranks #2347 out of 3068 companies for Quick Ratio. This places Changshu Fengfan Power Equipment Co in the lower half of its industry. The industry median Quick Ratio is 1.39. Changshu Fengfan Power Equipment Co's value of 0.88 is 36.7% below this benchmark. Historically, Changshu Fengfan Power Equipment Co's own Quick Ratio has ranged from 0.87 to 1.50 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.39, Changshu Fengfan Power Equipment 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,068 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. Changshu Fengfan Power Equipment Co's current Quick Ratio of 0.88 is 36.7% 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 Changshu Fengfan Power Equipment Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changshu Fengfan Power Equipment Co's current Quick Ratio is 0.88, which is 31% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Fengfan Power Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co (SHSE:601700) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.45, compared to a current price of ¥4.53 — trading 16.9% below its estimated fair value. The current Quick Ratio is 0.88, which is 31% below median its 10-year median of 1.28 and 36.7% below the Industrial Products industry median of 1.39. Changshu Fengfan Power Equipment Co's overall GF Score™ is 59/100 with 8 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 Changshu Fengfan Power Equipment Co (SHSE:601700), 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 Changshu Fengfan Power Equipment Co (SHSE:601700) Overvalued in 2026?
Based on GuruFocus' analysis, Changshu Fengfan Power Equipment Co stock appears to be undervalued.
The current stock price of ¥4.53 is trading 16.9% below its estimated GF Value™ of ¥5.45.
GuruFocus considers Changshu Fengfan Power Equipment Co to be Modestly Undervalued.
Key valuation signals for SHSE:601700:
Quick Ratio: 0.88 (31% below median its 10-year median of 1.28)
GF Value™: ¥5.45 vs. price of ¥4.53 (16.9% below fair value)
Industry Position: 36.7% below the Industrial Products median (#2347 of 3068)
No single metric tells the full story. See the SHSE:601700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changshu Fengfan Power Equipment Co Business Description
Changshu Fengfan Power Equipment Co Ltd manufactures and supplies galvanized steel towers in China. It offers transmission towers, including angle steel, spanning, and steel tube towers, as well as independent poles; substation frameworks; communication towers; crane and wind power bases; and lamp poles, tin trunks, scaffolds, and sledges. The company provides its products for high-pressure or ultra-high-pressure power transmission lines, steel tube towers, steel tube poles, transformer substation frameworks, and other steel-supporting structures.
59GF Score
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