Elegant Home-tech Co (SHSE:603221) Quick Ratio: 0.96 (As of Mar. 2026) — 28% Below Median

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SHSE:603221 Elegant Home-tech Co Ltd SHSE:603221
69 GF Score
Price ¥14.00
GF Value ¥9.97
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Elegant Home-tech Co Quick Ratio?

Elegant Home-tech Co SHSE:603221 +9.98% 69 Quick Ratio is 0.96 as of Mar. 2026, which is 28% below its 10-year median of 1.34. GuruFocus rates SHSE:603221 with a GF Score™ of 69/100 and a GF Value™ of ¥9.97 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 436 Furnishings, Fixtures & Appliances companies, Elegant Home-tech Co ranks worse than 65.14% 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. Elegant Home-tech Co's quick ratio for the quarter that ended in Mar. 2026 was 0.96.

Elegant Home-tech Co has a quick ratio of 0.96. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Elegant Home-tech Co's Quick Ratio or its related term are showing as below:

SHSE:603221' s Quick Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.34   Max: 5.02
Current: 0.96

During the past 11 years, Elegant Home-tech Co's highest Quick Ratio was 5.02. The lowest was 0.89. And the median was 1.34.

SHSE:603221's Quick Ratio is ranked worse than
65.14% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.265 vs SHSE:603221: 0.96

Elegant Home-tech Co  (SHSE:603221) 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.


Elegant Home-tech Co Quick Ratio Related Terms


Elegant Home-tech Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Elegant Home-tech 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.

Elegant Home-tech Co Quick Ratio Chart

Elegant Home-tech 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 1.54 0.97 1.29 1.14 0.96

Elegant Home-tech 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 1.18 1.10 1.09 0.96 0.96

SHSE:603221 vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Elegant Home-tech 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.


Elegant Home-tech Co Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elegant Home-tech Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Elegant Home-tech Co's Quick Ratio falls into.


SHSE:603221
69GF Score
Elegant Home-tech Co Ltd SHSE:603221
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elegant Home-tech 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.

Elegant Home-tech 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
=(1002.417-422.15)/604.702
=0.96

Elegant Home-tech 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
=(881.457-410.676)/489.659
=0.96

* 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 0.96 mean?
Elegant Home-tech Co (SHSE:603221) has a Quick Ratio of 0.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Elegant Home-tech Co and its competitors. This is 28% below median its historical median of 1.34. Over the past decade, Elegant Home-tech Co's Quick Ratio has ranged from 0.89 to 5.02. According to the industry distribution chart, Elegant Home-tech Co ranks #284 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 65.1%.
Is Elegant Home-tech Co's Quick Ratio too high?
Elegant Home-tech Co's current Quick Ratio of 0.96 is 28% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 5.02. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Elegant Home-tech Co's value of 0.96 is 24.1% below this industry median. Based on the distribution chart, Elegant Home-tech Co ranks #284 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Elegant Home-tech Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elegant Home-tech Co's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Elegant Home-tech Co ranks #284 out of 436 companies for Quick Ratio. This places Elegant Home-tech Co in the lower half of its industry. The industry median Quick Ratio is 1.27. Elegant Home-tech Co's value of 0.96 is 24.1% below this benchmark. Historically, Elegant Home-tech Co's own Quick Ratio has ranged from 0.89 to 5.02 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.27, Elegant Home-tech 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 Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 436 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. Elegant Home-tech Co's current Quick Ratio of 0.96 is 24.1% 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 Elegant Home-tech Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elegant Home-tech Co's current Quick Ratio is 0.96, which is 28% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegant Home-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Elegant Home-tech Co (SHSE:603221) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.97, compared to a current price of ¥14.00 — trading 40.4% above its estimated fair value. The current Quick Ratio is 0.96, which is 28% below median its 10-year median of 1.34 and 24.1% below the Furnishings, Fixtures & Appliances industry median of 1.27. Elegant Home-tech Co's overall GF Score™ is 69/100 with 9 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 Elegant Home-tech Co (SHSE:603221), the current Quick Ratio is 0.96 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 Elegant Home-tech Co (SHSE:603221) Overvalued in 2026?

Based on GuruFocus' analysis, Elegant Home-tech Co stock appears to be overvalued. The current stock price of ¥14.00 is trading 40.4% above its estimated GF Value™ of ¥9.97. GuruFocus considers Elegant Home-tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603221:

  • Quick Ratio: 0.96 (28% below median its 10-year median of 1.34)
  • GF Value™: ¥9.97 vs. price of ¥14.00 (40.4% above fair value)
  • GF Score™: 69/100 with 9 warning signs
  • Industry Position: 24.1% below the Furnishings, Fixtures & Appliances median (#284 of 436)

No single metric tells the full story. See the SHSE:603221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elegant Home-tech Co Business Description

Address Hexing Street,Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Elegant Home-tech Co Ltd formerly known as Zhangjiagang Elegant Home-Tech Co Ltd is a manufacturer of Vinyl Floor Tiles in China. The company has both residential and commercial collections with more than 1,000 patterns for customer characterized by the look and feel of natural wood, stone, ceramic & carpet. Its products range includes Vinyl planks in wooden designs, Vinyl planks In-registered, Vinyl tiles in stone, marble, granite designs, Vinyl tiles in Carpet design, and Anti slip & Solid color Vinyl tiles.
69GF Score

Get the complete analysis for SHSE:603221

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

¥14.00
Price
¥9.97
GF Value