Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zhejiang Wanfeng Chemical Co has a quick ratio of 1.70. It generally indicates good short-term financial strength.
The historical rank and industry rank for Zhejiang Wanfeng Chemical Co's Quick Ratio or its related term are showing as below:
SHSE:603172'
s Quick Ratio Range Over the Past 10 Years
Min: 1.12 Med: 2.15 Max: 3.64
Current: 1.7
During the past 7 years, Zhejiang Wanfeng Chemical Co's highest Quick Ratio was 3.64. The lowest was 1.12. And the median was 2.15.
SHSE:603172's Quick Ratio is ranked better than 61% of 1605
companies
in the Chemicals industry
Industry Median: 1.39
vs SHSE:603172: 1.70
Zhejiang Wanfeng Chemical Co (SHSE:603172) 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.
Zhejiang Wanfeng Chemical Co Quick Ratio Related Terms
Zhejiang Wanfeng Chemical 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.
SHSE:603172 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Zhejiang Wanfeng Chemical 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.
Zhejiang Wanfeng Chemical Co Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Wanfeng Chemical Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Zhejiang Wanfeng Chemical Co's Quick Ratio falls into.
Zhejiang Wanfeng Chemical 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.
Zhejiang Wanfeng Chemical Co (SHSE:603172) has a Quick Ratio of 1.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhejiang Wanfeng Chemical Co and its competitors. This is 21% below median its historical median of 2.15. Over the past decade, Zhejiang Wanfeng Chemical Co's Quick Ratio has ranged from 1.12 to 3.64. According to the industry distribution chart, Zhejiang Wanfeng Chemical Co ranks #626 out of 1605 companies in the Chemicals industry, placing it in the top 39%.
Is Zhejiang Wanfeng Chemical Co's Quick Ratio too high?
Zhejiang Wanfeng Chemical Co's current Quick Ratio of 1.70 is 21% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 3.64. The Chemicals industry median Quick Ratio is 1.39. Zhejiang Wanfeng Chemical Co's value of 1.70 is 22.3% above this industry median. Based on the distribution chart, Zhejiang Wanfeng Chemical Co ranks #626 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Wanfeng Chemical Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Wanfeng Chemical Co's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Wanfeng Chemical Co ranks #626 out of 1605 companies for Quick Ratio. This puts Zhejiang Wanfeng Chemical Co in the upper half of its industry. The industry median Quick Ratio is 1.39. Zhejiang Wanfeng Chemical Co's value of 1.70 is 22.3% above this benchmark. Historically, Zhejiang Wanfeng Chemical Co's own Quick Ratio has ranged from 1.12 to 3.64 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.39, Zhejiang Wanfeng Chemical 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 a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.39, based on 1,605 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. Zhejiang Wanfeng Chemical Co's current Quick Ratio of 1.70 is 22.3% 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 Zhejiang Wanfeng Chemical Co and its competitors. For the Chemicals 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. Zhejiang Wanfeng Chemical Co's current Quick Ratio is 1.70, which is 21% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Wanfeng Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Wanfeng Chemical Co (SHSE:603172) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.70, compared to a current price of ¥15.51 — trading 1.2% below its estimated fair value. The current Quick Ratio is 1.70, which is 21% below median its 10-year median of 2.15 and 22.3% above the Chemicals industry median of 1.39. Zhejiang Wanfeng Chemical Co's overall GF Score™ is 64/100 with 3 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 Zhejiang Wanfeng Chemical Co (SHSE:603172), the current Quick Ratio is 1.70 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 Zhejiang Wanfeng Chemical Co (SHSE:603172) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Wanfeng Chemical Co stock appears to be undervalued.
The current stock price of ¥15.51 is trading 1.2% below its estimated GF Value™ of ¥15.70.
GuruFocus considers Zhejiang Wanfeng Chemical Co to be Fairly Valued.
Key valuation signals for SHSE:603172:
Quick Ratio: 1.70 (21% below median its 10-year median of 2.15)
GF Value™: ¥15.70 vs. price of ¥15.51 (1.2% below fair value)
Industry Position: 22.3% above the Chemicals median (#626 of 1605)
No single metric tells the full story. See the SHSE:603172 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Wanfeng Chemical Co Ltd is a national high-tech enterprise specializing in research, development, production, and sales of high-end disperse dyes and filter cakes. The company specializes in green textile products with high color fastness, such as those requiring high washability. Its main product lines include the high-wash WF-XF series, high-wash WF-PUD series, and high-wash WF-PT series, as well as the alkali-resistant WF-ALK series, the super-alkali-resistant SA series, the high-sublimation-fastness WF-GSH series, the printing P series, and specialty product lines, meeting the needs of the mid-to-high-end textile printing and dyeing market.
64GF Score
Get the complete analysis for SHSE:603172
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603172 has been successfully added to your 
