Chongqing Zhixin Industrial Co (SHSE:603352) Quick Ratio: 1.41 (As of Mar. 2026) — 47% Above Median

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SHSE:603352 Chongqing Zhixin Industrial Co Ltd SHSE:603352
9 GF Score
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What is Chongqing Zhixin Industrial Co Quick Ratio?

Chongqing Zhixin Industrial Co SHSE:603352 +0.29% 9 Quick Ratio is 1.41 as of Mar. 2026, which is 47% above its 10-year median of 0.96. GuruFocus rates SHSE:603352 with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Chongqing Zhixin Industrial Co ranks better than 66.34% 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. Chongqing Zhixin Industrial Co's quick ratio for the quarter that ended in Mar. 2026 was 1.41.

Chongqing Zhixin Industrial Co has a quick ratio of 1.41. It generally indicates good short-term financial strength.

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

SHSE:603352' s Quick Ratio Range Over the Past 10 Years
Min: 0.86   Med: 0.96   Max: 1.41
Current: 1.41

During the past 4 years, Chongqing Zhixin Industrial Co's highest Quick Ratio was 1.41. The lowest was 0.86. And the median was 0.96.

SHSE:603352's Quick Ratio is ranked better than
66.34% of 1331 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs SHSE:603352: 1.41

Chongqing Zhixin Industrial Co  (SHSE:603352) 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.


Chongqing Zhixin Industrial Co Quick Ratio Related Terms


Chongqing Zhixin Industrial Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Zhixin Industrial 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.

Chongqing Zhixin Industrial Co Quick Ratio Chart

Chongqing Zhixin Industrial Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Quick Ratio
0.86 0.93 0.96 1.06

Chongqing Zhixin Industrial Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.90 0.96 1.06 1.41

SHSE:603352 vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Chongqing Zhixin Industrial 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.


Chongqing Zhixin Industrial Co Quick Ratio vs Vehicles & Parts Industry

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

* The bar in red indicates where Chongqing Zhixin Industrial Co's Quick Ratio falls into.


SHSE:603352
9GF Score
Chongqing Zhixin Industrial Co Ltd SHSE:603352
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Chongqing Zhixin Industrial 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.

Chongqing Zhixin Industrial 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
=(2826.543-520.203)/2166.668
=1.06

Chongqing Zhixin Industrial 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
=(3332.072-651.83)/1899.148
=1.41

* 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 1.41 mean?
Chongqing Zhixin Industrial Co (SHSE:603352) has a Quick Ratio of 1.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chongqing Zhixin Industrial Co and its competitors. This is 47% above median its historical median of 0.96. Over the past decade, Chongqing Zhixin Industrial Co's Quick Ratio has ranged from 0.86 to 1.41. According to the industry distribution chart, Chongqing Zhixin Industrial Co ranks #448 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 33.7%.
Is Chongqing Zhixin Industrial Co's Quick Ratio too high?
Chongqing Zhixin Industrial Co's current Quick Ratio of 1.41 is 47% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 1.41. The Vehicles & Parts industry median Quick Ratio is 1.06. Chongqing Zhixin Industrial Co's value of 1.41 is 33% above this industry median. Based on the distribution chart, Chongqing Zhixin Industrial Co ranks #448 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Chongqing Zhixin Industrial Co has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Chongqing Zhixin Industrial Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chongqing Zhixin Industrial Co ranks #448 out of 1331 companies for Quick Ratio. This puts Chongqing Zhixin Industrial Co in the upper half of its industry. The industry median Quick Ratio is 1.06. Chongqing Zhixin Industrial Co's value of 1.41 is 33% above this benchmark. Historically, Chongqing Zhixin Industrial Co's own Quick Ratio has ranged from 0.86 to 1.41 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.06, Chongqing Zhixin Industrial 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 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. Chongqing Zhixin Industrial Co's current Quick Ratio of 1.41 is 33% 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 Chongqing Zhixin Industrial 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. Chongqing Zhixin Industrial Co's current Quick Ratio is 1.41, which is 47% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Zhixin Industrial Co stock overvalued right now?
Chongqing Zhixin Industrial Co (SHSE:603352) has a current Quick Ratio of 1.41. The current Quick Ratio is 1.41, which is 47% above median its 10-year median of 0.96 and 33% above the Vehicles & Parts industry median of 1.06. Chongqing Zhixin Industrial Co's overall GF Score™ is 9/100 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 Chongqing Zhixin Industrial Co (SHSE:603352), the current Quick Ratio is 1.41 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.

Chongqing Zhixin Industrial Co Business Description

Address No. 29, Changhui Road, Yuzui Town, Jiangbei District, Chongqing, CHN, 401133
Chongqing Zhixin Industrial Co Ltd is engaged in the development, processing, production, and sale of automotive stamping and welded components, as well as related molds. Its business scope includes the manufacturing and sale of mechanical molds, automotive parts, rubber and plastic products, and Class I medical equipment.
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