Quectel Wireless Solutions Co has a quick ratio of 0.83. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Quectel Wireless Solutions Co's Quick Ratio or its related term are showing as below:
SHSE:603236'
s Quick Ratio Range Over the Past 10 Years
Min: 0.71 Med: 0.9 Max: 2.3
Current: 0.83
During the past 13 years, Quectel Wireless Solutions Co's highest Quick Ratio was 2.30. The lowest was 0.71. And the median was 0.90.
SHSE:603236's Quick Ratio is ranked worse than 81.3% of 2492
companies
in the Hardware industry
Industry Median: 1.46
vs SHSE:603236: 0.83
Quectel Wireless Solutions Co (SHSE:603236) 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.
Quectel Wireless Solutions Co Quick Ratio Related Terms
Quectel Wireless Solutions 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:603236 vs CSCO, CIEN, MSI: Quick Ratio Comparison
For the Communication Equipment subindustry, Quectel Wireless Solutions 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.
Quectel Wireless Solutions Co Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Quectel Wireless Solutions Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Quectel Wireless Solutions Co's Quick Ratio falls into.
Quectel Wireless Solutions 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.
Quectel Wireless Solutions Co (SHSE:603236) has a Quick Ratio of 0.83 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Quectel Wireless Solutions Co and its competitors. This is near median its historical median of 0.90. Over the past decade, Quectel Wireless Solutions Co's Quick Ratio has ranged from 0.71 to 2.30. According to the industry distribution chart, Quectel Wireless Solutions Co ranks #2026 out of 2492 companies in the Hardware industry, placing it in the top 81.3%.
Is Quectel Wireless Solutions Co's Quick Ratio too high?
Quectel Wireless Solutions Co's current Quick Ratio of 0.83 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 2.30. The Hardware industry median Quick Ratio is 1.46. Quectel Wireless Solutions Co's value of 0.83 is 43.2% below this industry median. Based on the distribution chart, Quectel Wireless Solutions Co ranks #2026 out of 2492 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Quectel Wireless Solutions Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quectel Wireless Solutions Co's Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Quectel Wireless Solutions Co ranks #2026 out of 2492 companies for Quick Ratio. This places Quectel Wireless Solutions Co in the lower half of its industry. The industry median Quick Ratio is 1.46. Quectel Wireless Solutions Co's value of 0.83 is 43.2% below this benchmark. Historically, Quectel Wireless Solutions Co's own Quick Ratio has ranged from 0.71 to 2.30 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.46, Quectel Wireless Solutions 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,492 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. Quectel Wireless Solutions Co's current Quick Ratio of 0.83 is 43.2% 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 Quectel Wireless Solutions Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quectel Wireless Solutions Co's current Quick Ratio is 0.83, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quectel Wireless Solutions Co stock overvalued right now?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co (SHSE:603236) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.40, compared to a current price of ¥50.55 — trading 25% below its estimated fair value. The current Quick Ratio is 0.83, which is near median its 10-year median of 0.90 and 43.2% below the Hardware industry median of 1.46. Quectel Wireless Solutions Co's overall GF Score™ is 90/100 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 Quectel Wireless Solutions Co (SHSE:603236), the current Quick Ratio is 0.83 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 Quectel Wireless Solutions Co (SHSE:603236) Overvalued in 2026?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co stock appears to be undervalued.
The current stock price of ¥50.55 is trading 25% below its estimated GF Value™ of ¥67.40.
GuruFocus considers Quectel Wireless Solutions Co to be Modestly Undervalued.
Key valuation signals for SHSE:603236:
Quick Ratio: 0.83 (near median its 10-year median of 0.90)
GF Value™: ¥67.40 vs. price of ¥50.55 (25% below fair value)
Industry Position: 43.2% below the Hardware median (#2026 of 2492)
No single metric tells the full story. See the SHSE:603236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quectel Wireless Solutions Co Business Description
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
90GF Score
Get the complete analysis for SHSE:603236
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