Shanxi Huaxiang Group Co (SHSE:603112) Quick Ratio: 2.31 (As of Mar. 2026) — Near Median

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SHSE:603112 Shanxi Huaxiang Group Co Ltd SHSE:603112
84 GF Score
Price ¥15.22
GF Value ¥15.48
Valuation Fairly Valued
! 4 Warning Signs
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What is Shanxi Huaxiang Group Co Quick Ratio?

Shanxi Huaxiang Group Co SHSE:603112 +3.61% 84 Quick Ratio is 2.31 as of Mar. 2026, which is 3% above its 10-year median of 2.24. GuruFocus rates SHSE:603112 with a GF Score™ of 84/100 and a GF Value™ of ¥15.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, Shanxi Huaxiang Group Co ranks better than 76.35% 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. Shanxi Huaxiang Group Co's quick ratio for the quarter that ended in Mar. 2026 was 2.31.

Shanxi Huaxiang Group Co has a quick ratio of 2.31. It generally indicates good short-term financial strength.

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

SHSE:603112' s Quick Ratio Range Over the Past 10 Years
Min: 1.03   Med: 2.24   Max: 3.49
Current: 2.31

During the past 10 years, Shanxi Huaxiang Group Co's highest Quick Ratio was 3.49. The lowest was 1.03. And the median was 2.24.

SHSE:603112's Quick Ratio is ranked better than
76.35% of 3078 companies
in the Industrial Products industry
Industry Median: 1.375 vs SHSE:603112: 2.31

Shanxi Huaxiang Group Co  (SHSE:603112) 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.


Shanxi Huaxiang Group Co Quick Ratio Related Terms


Shanxi Huaxiang Group Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shanxi Huaxiang 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.

Shanxi Huaxiang Group Co Quick Ratio Chart

Shanxi Huaxiang Group 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 2.24 1.81 2.99 2.71 2.23

Shanxi Huaxiang Group 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 3.12 3.45 3.07 2.23 2.31

SHSE:603112 vs CRS, ATI, MLI: Quick Ratio Comparison

For the Metal Fabrication subindustry, Shanxi Huaxiang 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.


Shanxi Huaxiang Group Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanxi Huaxiang Group Co's Quick Ratio distribution charts can be found below:

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


SHSE:603112
84GF Score
Shanxi Huaxiang Group Co Ltd SHSE:603112
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanxi Huaxiang 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.

Shanxi Huaxiang 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
=(4106.778-1019.412)/1387.115
=2.23

Shanxi Huaxiang 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
=(4263.694-1088.905)/1374.634
=2.31

* 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 2.31 mean?
Shanxi Huaxiang Group Co (SHSE:603112) has a Quick Ratio of 2.31 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanxi Huaxiang Group Co and its competitors. This is near median its historical median of 2.24. Over the past decade, Shanxi Huaxiang Group Co's Quick Ratio has ranged from 1.03 to 3.49. According to the industry distribution chart, Shanxi Huaxiang Group Co ranks #728 out of 3078 companies in the Industrial Products industry, placing it in the top 23.7%.
Is Shanxi Huaxiang Group Co's Quick Ratio too high?
Shanxi Huaxiang Group Co's current Quick Ratio of 2.31 is near median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.49. The Industrial Products industry median Quick Ratio is 1.38. Shanxi Huaxiang Group Co's value of 2.31 is 68% above this industry median. Based on the distribution chart, Shanxi Huaxiang Group Co ranks #728 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Huaxiang Group Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Huaxiang Group Co's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shanxi Huaxiang Group Co ranks #728 out of 3078 companies for Quick Ratio. This places Shanxi Huaxiang Group Co in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Shanxi Huaxiang Group Co's value of 2.31 is 68% above this benchmark. Historically, Shanxi Huaxiang Group Co's own Quick Ratio has ranged from 1.03 to 3.49 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.38, Shanxi Huaxiang Group Co has consistently been above 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 1.38, based on 3,078 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. Shanxi Huaxiang Group Co's current Quick Ratio of 2.31 is 68% above 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 Shanxi Huaxiang Group Co and its competitors. For the Industrial Products 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. Shanxi Huaxiang Group Co's current Quick Ratio is 2.31, which is near median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Huaxiang Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Huaxiang Group Co (SHSE:603112) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.48, compared to a current price of ¥15.22 — trading 1.7% below its estimated fair value. The current Quick Ratio is 2.31, which is near median its 10-year median of 2.24 and 68% above the Industrial Products industry median of 1.38. Shanxi Huaxiang Group Co's overall GF Score™ is 84/100 with 4 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 Shanxi Huaxiang Group Co (SHSE:603112), the current Quick Ratio is 2.31 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 Shanxi Huaxiang Group Co (SHSE:603112) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Huaxiang Group Co stock appears to be undervalued. The current stock price of ¥15.22 is trading 1.7% below its estimated GF Value™ of ¥15.48. GuruFocus considers Shanxi Huaxiang Group Co to be Fairly Valued.

Key valuation signals for SHSE:603112:

  • Quick Ratio: 2.31 (near median its 10-year median of 2.24)
  • GF Value™: ¥15.48 vs. price of ¥15.22 (1.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 68% above the Industrial Products median (#728 of 3078)

No single metric tells the full story. See the SHSE:603112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Huaxiang Group Co Business Description

Address Hualin Nursery, Shanxi Province, Ganting Town, Hongdong County, Linfen, CHN, 041600
Shanxi Huaxiang Group Co Ltd is primarily involved in the research and development, production and sales of various customized metal parts. The company's products are mainly focused on the three major industries of white goods, construction machinery and automobile manufacturing.
84GF Score

Get the complete analysis for SHSE:603112

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

¥15.22
Price
¥15.48
GF Value