Wencan Group Co (SHSE:603348) Quick Ratio: 0.61 (As of Mar. 2026) — 23% Below Median

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SHSE:603348 Wencan Group Co Ltd SHSE:603348
64 GF Score
Price ¥13.12
GF Value ¥24.82
Valuation Possible Value Trap
! 7 Warning Signs
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What is Wencan Group Co Quick Ratio?

Wencan Group Co SHSE:603348 +0.77% 64 Quick Ratio is 0.61 as of Mar. 2026, which is 23% below its 10-year median of 0.79. GuruFocus rates SHSE:603348 with a GF Score™ of 64/100 and a GF Value™ of ¥24.82 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Wencan Group Co ranks worse than 81.74% 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. Wencan Group Co's quick ratio for the quarter that ended in Mar. 2026 was 0.61.

Wencan Group Co has a quick ratio of 0.61. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Wencan Group Co's Quick Ratio or its related term are showing as below:

SHSE:603348' s Quick Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.79   Max: 2.53
Current: 0.61

During the past 13 years, Wencan Group Co's highest Quick Ratio was 2.53. The lowest was 0.55. And the median was 0.79.

SHSE:603348's Quick Ratio is ranked worse than
81.74% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs SHSE:603348: 0.61

Wencan Group Co  (SHSE:603348) 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.


Wencan Group Co Quick Ratio Related Terms


Wencan Group Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Wencan Group 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.

Wencan Group Co Quick Ratio Chart

Wencan Group 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 0.93 0.64 0.59 0.71 0.66

Wencan Group 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 0.81 0.74 0.68 0.66 0.61

SHSE:603348 vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Wencan Group 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.


Wencan Group Co Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wencan Group Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Wencan Group Co's Quick Ratio falls into.


SHSE:603348
64GF Score
Wencan Group Co Ltd SHSE:603348
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wencan Group 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.

Wencan Group 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
=(3038.615-779.111)/3438.873
=0.66

Wencan Group 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
=(3061.849-872.191)/3578.634
=0.61

* 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 0.61 mean?
Wencan Group Co (SHSE:603348) has a Quick Ratio of 0.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wencan Group Co and its competitors. This is 23% below median its historical median of 0.79. Over the past decade, Wencan Group Co's Quick Ratio has ranged from 0.55 to 2.53. According to the industry distribution chart, Wencan Group Co ranks #1088 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 81.7%.
Is Wencan Group Co's Quick Ratio too high?
Wencan Group Co's current Quick Ratio of 0.61 is 23% below median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.53. The Vehicles & Parts industry median Quick Ratio is 1.06. Wencan Group Co's value of 0.61 is 42.5% below this industry median. Based on the distribution chart, Wencan Group Co ranks #1088 out of 1331 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Wencan Group Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wencan Group Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Wencan Group Co ranks #1088 out of 1331 companies for Quick Ratio. This places Wencan Group Co in the lower half of its industry. The industry median Quick Ratio is 1.06. Wencan Group Co's value of 0.61 is 42.5% below this benchmark. Historically, Wencan Group Co's own Quick Ratio has ranged from 0.55 to 2.53 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.06, Wencan Group 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,331 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. Wencan Group Co's current Quick Ratio of 0.61 is 42.5% 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 Wencan Group Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wencan Group Co's current Quick Ratio is 0.61, which is 23% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wencan Group Co stock overvalued right now?
Based on GuruFocus' analysis, Wencan Group Co (SHSE:603348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥24.82, compared to a current price of ¥13.12 — trading 47.1% below its estimated fair value. The current Quick Ratio is 0.61, which is 23% below median its 10-year median of 0.79 and 42.5% below the Vehicles & Parts industry median of 1.06. Wencan Group Co's overall GF Score™ is 64/100 with 7 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 Wencan Group Co (SHSE:603348), the current Quick Ratio is 0.61 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 Wencan Group Co (SHSE:603348) Overvalued in 2026?

Based on GuruFocus' analysis, Wencan Group Co stock appears to be undervalued. The current stock price of ¥13.12 is trading 47.1% below its estimated GF Value™ of ¥24.82. GuruFocus considers Wencan Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603348:

  • Quick Ratio: 0.61 (23% below median its 10-year median of 0.79)
  • GF Value™: ¥24.82 vs. price of ¥13.12 (47.1% below fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 42.5% below the Vehicles & Parts median (#1088 of 1331)

No single metric tells the full story. See the SHSE:603348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wencan Group Co Business Description

Address 125 Heshun Avenue, Lishui Town, Nanhai District, Guangdong Province, Foshan, CHN, 528241
Wencan Group Co Ltd is engaged in the research, development, production and sales of automobile aluminum alloy precision die castings. The products are mainly used in engine systems, gearbox systems, and chassis systems in mid- to high-end automobiles, brake system, body structure parts and other auto parts.
64GF Score

Get the complete analysis for SHSE:603348

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

¥13.12
Price
¥24.82
GF Value