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SHSE:603579'
s Quick Ratio Range Over the Past 10 Years
Min: 1.21 Med: 2.2 Max: 3.55
Current: 2.58
During the past 13 years, Shanghai Rongtai Health Technology's highest Quick Ratio was 3.55. The lowest was 1.21. And the median was 2.20.
SHSE:603579's Quick Ratio is ranked better than 80.42% of 853
companies
in the Travel & Leisure industry
Industry Median: 1.15
vs SHSE:603579: 2.58
Shanghai Rongtai Health Technology (SHSE:603579) 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.
Shanghai Rongtai Health Technology Quick Ratio Related Terms
Shanghai Rongtai Health Technology 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.
Shanghai Rongtai Health Technology Quick Ratio Chart
SHSE:603579 vs AS, HAS, LTH: Quick Ratio Comparison
For the Leisure subindustry, Shanghai Rongtai Health Technology'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.
Shanghai Rongtai Health Technology Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Rongtai Health Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Rongtai Health Technology's Quick Ratio falls into.
Shanghai Rongtai Health Technology 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.
Shanghai Rongtai Health Technology (SHSE:603579) has a Quick Ratio of 2.58 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai Rongtai Health Technology and its competitors. This is 17% above median its historical median of 2.20. Over the past decade, Shanghai Rongtai Health Technology's Quick Ratio has ranged from 1.21 to 3.55. According to the industry distribution chart, Shanghai Rongtai Health Technology ranks #167 out of 853 companies in the Travel & Leisure industry, placing it in the top 19.6%.
Is Shanghai Rongtai Health Technology's Quick Ratio too high?
Shanghai Rongtai Health Technology's current Quick Ratio of 2.58 is 17% above median its 10-year median of 2.20. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.55. The Travel & Leisure industry median Quick Ratio is 1.15. Shanghai Rongtai Health Technology's value of 2.58 is 124.3% above this industry median. Based on the distribution chart, Shanghai Rongtai Health Technology ranks #167 out of 853 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Rongtai Health Technology has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Rongtai Health Technology's Quick Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Shanghai Rongtai Health Technology ranks #167 out of 853 companies for Quick Ratio. This places Shanghai Rongtai Health Technology in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.15. Shanghai Rongtai Health Technology's value of 2.58 is 124.3% above this benchmark. Historically, Shanghai Rongtai Health Technology's own Quick Ratio has ranged from 1.21 to 3.55 over the past decade. While the company's 10-year median is 2.20 vs. the industry median of 1.15, Shanghai Rongtai Health Technology 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 Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 853 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. Shanghai Rongtai Health Technology's current Quick Ratio of 2.58 is 124.3% 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 Shanghai Rongtai Health Technology and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Rongtai Health Technology's current Quick Ratio is 2.58, which is 17% above median its own 10-year median of 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Rongtai Health Technology stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Rongtai Health Technology (SHSE:603579) is currently considered Fairly Valued. The stock's GF Value™ is ¥15.92, compared to a current price of ¥16.30 — trading 2.4% above its estimated fair value. The current Quick Ratio is 2.58, which is 17% above median its 10-year median of 2.20 and 124.3% above the Travel & Leisure industry median of 1.15. Shanghai Rongtai Health Technology's overall GF Score™ is 68/100 with 4 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 Shanghai Rongtai Health Technology (SHSE:603579), the current Quick Ratio is 2.58 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 Shanghai Rongtai Health Technology (SHSE:603579) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Rongtai Health Technology stock appears to be overvalued.
The current stock price of ¥16.30 is trading 2.4% above its estimated GF Value™ of ¥15.92.
GuruFocus considers Shanghai Rongtai Health Technology to be Fairly Valued.
Key valuation signals for SHSE:603579:
Quick Ratio: 2.58 (17% above median its 10-year median of 2.20)
GF Value™: ¥15.92 vs. price of ¥16.30 (2.4% above fair value)
Industry Position: 124.3% above the Travel & Leisure median (#167 of 853)
No single metric tells the full story. See the SHSE:603579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Rongtai Health Technology Business Description
Shanghai Rongtai Health Technology Corp Ltd is a China based company engaged in development, manufacturing and marketing of massage equipment. It also offers technology health solutions. The company's products include eye massager, massage chair series, mini massage chair, partial massage series products, massage stick, and waist massager.
68GF Score
Get the complete analysis for SHSE:603579
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