Anhui Linping Circular Development Co (SHSE:603284) Quick Ratio: 1.98 (As of Jun. 2026) — 128% Above Median

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SHSE:603284 Anhui Linping Circular Development Co Ltd SHSE:603284
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What is Anhui Linping Circular Development Co Quick Ratio?

Anhui Linping Circular Development Co SHSE:603284 +1.20% 15 Quick Ratio is 1.98 as of Jun. 2026, which is 128% above its 10-year median of 0.87. GuruFocus rates SHSE:603284 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 285 Forest Products companies, Anhui Linping Circular Development Co ranks better than 78.95% 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. Anhui Linping Circular Development Co's quick ratio for the quarter that ended in Jun. 2026 was 1.98.

Anhui Linping Circular Development Co has a quick ratio of 1.98. It generally indicates good short-term financial strength.

The historical rank and industry rank for Anhui Linping Circular Development Co's Quick Ratio or its related term are showing as below:

SHSE:603284' s Quick Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.87   Max: 1.98
Current: 1.98

During the past 4 years, Anhui Linping Circular Development Co's highest Quick Ratio was 1.98. The lowest was 0.63. And the median was 0.87.

SHSE:603284's Quick Ratio is ranked better than
78.95% of 285 companies
in the Forest Products industry
Industry Median: 0.92 vs SHSE:603284: 1.98

Anhui Linping Circular Development Co  (SHSE:603284) 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.


Anhui Linping Circular Development Co Quick Ratio Related Terms


Anhui Linping Circular Development Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Anhui Linping Circular Development 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.

Anhui Linping Circular Development Co Quick Ratio Chart

Anhui Linping Circular Development Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Quick Ratio
0.75 1.18 0.86 0.63

Anhui Linping Circular Development Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Quick Ratio Get a 7-Day Free Trial Premium Member Only 0.87 0.74 0.63 1.65 1.98

Anhui Linping Circular Development Co Quick Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Anhui Linping Circular Development 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.


Anhui Linping Circular Development Co Quick Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Anhui Linping Circular Development Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Anhui Linping Circular Development Co's Quick Ratio falls into.


SHSE:603284
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Anhui Linping Circular Development Co Ltd SHSE:603284
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Anhui Linping Circular Development 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.

Anhui Linping Circular Development 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
=(731.857-212.77)/828.793
=0.63

Anhui Linping Circular Development Co's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1438.583-191.058)/629.649
=1.98

* 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 1.98 mean?
Anhui Linping Circular Development Co (SHSE:603284) has a Quick Ratio of 1.98 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Anhui Linping Circular Development Co and its competitors. This is 128% above median its historical median of 0.87. Over the past decade, Anhui Linping Circular Development Co's Quick Ratio has ranged from 0.63 to 1.98. According to the industry distribution chart, Anhui Linping Circular Development Co ranks #60 out of 285 companies in the Forest Products industry, placing it in the top 21.1%.
Is Anhui Linping Circular Development Co's Quick Ratio too high?
Anhui Linping Circular Development Co's current Quick Ratio of 1.98 is 128% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.98. The Forest Products industry median Quick Ratio is 0.92. Anhui Linping Circular Development Co's value of 1.98 is 115.2% above this industry median. Based on the distribution chart, Anhui Linping Circular Development Co ranks #60 out of 285 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Anhui Linping Circular Development Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Anhui Linping Circular Development Co's Quick Ratio compare to competitors?
According to the Forest Products industry distribution chart, Anhui Linping Circular Development Co ranks #60 out of 285 companies for Quick Ratio. This places Anhui Linping Circular Development Co in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.92. Anhui Linping Circular Development Co's value of 1.98 is 115.2% above this benchmark. Historically, Anhui Linping Circular Development Co's own Quick Ratio has ranged from 0.63 to 1.98 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 0.92, Anhui Linping Circular Development 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 Forest Products company?
The median Quick Ratio among Forest Products companies is 0.92, based on 285 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. Anhui Linping Circular Development Co's current Quick Ratio of 1.98 is 115.2% 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 Anhui Linping Circular Development Co and its competitors. For the Forest Products industry, the median Quick Ratio is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anhui Linping Circular Development Co's current Quick Ratio is 1.98, which is 128% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anhui Linping Circular Development Co stock overvalued right now?
Anhui Linping Circular Development Co (SHSE:603284) has a current Quick Ratio of 1.98. The current Quick Ratio is 1.98, which is 128% above median its 10-year median of 0.87 and 115.2% above the Forest Products industry median of 0.92. Anhui Linping Circular Development Co's overall GF Score™ is 15/100 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 Anhui Linping Circular Development Co (SHSE:603284), the current Quick Ratio is 1.98 as of Jun. 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.

Anhui Linping Circular Development Co Business Description

Address Beicheng Village, Shengquan Township, Xiaoxian County, Anhui Province, Suzhou, CHN, 235200
Anhui Linping Circular Development Co Ltd is engaged in paper manufacturing, recycling of renewable resources, resource recycling services and technical consulting, and paper product sales. Its operations also include heat production and supply, import and export activities, road freight transportation, and power generation, transmission, and distribution.
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