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Yong Jie New Material CoSHSE:603271 +2.10%36 Quick Ratio is 1.42 as of Mar. 2026, which is 65% above its 10-year median of 0.86. GuruFocus rates SHSE:603271 with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 2,635 Metals & Mining companies, Yong Jie New Material Co ranks worse than 60.95% on this metric.
Yong Jie New Material Co has a quick ratio of 1.42. It generally indicates good short-term financial strength.
The historical rank and industry rank for Yong Jie New Material Co's Quick Ratio or its related term are showing as below:
SHSE:603271'
s Quick Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.86 Max: 1.44
Current: 1.42
During the past 7 years, Yong Jie New Material Co's highest Quick Ratio was 1.44. The lowest was 0.38. And the median was 0.86.
SHSE:603271's Quick Ratio is ranked worse than 60.95% of 2635
companies
in the Metals & Mining industry
Industry Median: 2.32
vs SHSE:603271: 1.42
Yong Jie New Material Co (SHSE:603271) 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.
Yong Jie New Material Co Quick Ratio Related Terms
Yong Jie New Material 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.
For the Aluminum subindustry, Yong Jie New Material 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.
Yong Jie New Material Co Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Yong Jie New Material Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Yong Jie New Material Co's Quick Ratio falls into.
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.
Yong Jie New Material Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Yong Jie New Material Co (SHSE:603271) has a Quick Ratio of 1.42 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Yong Jie New Material Co and its competitors. This is 65% above median its historical median of 0.86. Over the past decade, Yong Jie New Material Co's Quick Ratio has ranged from 0.38 to 1.44. According to the industry distribution chart, Yong Jie New Material Co ranks #1606 out of 2635 companies in the Metals & Mining industry, placing it in the top 60.9%.
Is Yong Jie New Material Co's Quick Ratio too high?
Yong Jie New Material Co's current Quick Ratio of 1.42 is 65% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.44. The Metals & Mining industry median Quick Ratio is 2.32. Yong Jie New Material Co's value of 1.42 is 38.8% below this industry median. Based on the distribution chart, Yong Jie New Material Co ranks #1606 out of 2635 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Yong Jie New Material Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Yong Jie New Material Co's Quick Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Yong Jie New Material Co ranks #1606 out of 2635 companies for Quick Ratio. This places Yong Jie New Material Co in the lower half of its industry. The industry median Quick Ratio is 2.32. Yong Jie New Material Co's value of 1.42 is 38.8% below this benchmark. Historically, Yong Jie New Material Co's own Quick Ratio has ranged from 0.38 to 1.44 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 2.32, Yong Jie New Material 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,635 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. Yong Jie New Material Co's current Quick Ratio of 1.42 is 38.8% 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 Yong Jie New Material Co and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Jie New Material Co's current Quick Ratio is 1.42, which is 65% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Jie New Material Co stock overvalued right now?
Yong Jie New Material Co (SHSE:603271) has a current Quick Ratio of 1.42. The current Quick Ratio is 1.42, which is 65% above median its 10-year median of 0.86 and 38.8% below the Metals & Mining industry median of 2.32. Yong Jie New Material Co's overall GF Score™ is 36/100 with 5 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 Yong Jie New Material Co (SHSE:603271), the current Quick Ratio is 1.42 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.
Yong Jie New Material Co Ltd is engaged in research and development, production and sales of aluminum sheets, strips and foils. It also has hot continuous rolling and casting rolling full process chain production lines, the products are mainly used in lithium batteries, vehicle lightweight, electronic appliances and new building materials and other fields, the production of lithium ion power battery structural components for aluminum alloy plate belt products were identified as the national manufacturing single champion products, lithium ion power battery aluminum foil and other three products obtained the Zhejiang manufacturing product label certification.
36GF Score
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