SHSE:603679's Quick Ratio is ranked better than 52.91% of 3073
companies
in the Industrial Products industry
Industry Median: 1.39
vs SHSE:603679: 1.45
Sichuan Huati Lighting Technology Co (SHSE:603679) 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.
Sichuan Huati Lighting Technology Co Quick Ratio Related Terms
Sichuan Huati Lighting Technology 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.
Sichuan Huati Lighting Technology Co Quick Ratio Chart
For the Electrical Equipment & Parts subindustry, Sichuan Huati Lighting Technology 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.
Sichuan Huati Lighting Technology Co Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sichuan Huati Lighting Technology Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Sichuan Huati Lighting Technology Co's Quick Ratio falls into.
Sichuan Huati Lighting Technology 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.
* 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.
Sichuan Huati Lighting Technology Co (SHSE:603679) has a Quick Ratio of 1.45 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sichuan Huati Lighting Technology Co and its competitors. This is 27% below median its historical median of 1.99. Over the past decade, Sichuan Huati Lighting Technology Co's Quick Ratio has ranged from 1.11 to 2.84. According to the industry distribution chart, Sichuan Huati Lighting Technology Co ranks #1447 out of 3073 companies in the Industrial Products industry, placing it in the top 47.1%.
Is Sichuan Huati Lighting Technology Co's Quick Ratio too high?
Sichuan Huati Lighting Technology Co's current Quick Ratio of 1.45 is 27% below median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.84. The Industrial Products industry median Quick Ratio is 1.39. Sichuan Huati Lighting Technology Co's value of 1.45 is 4.3% above this industry median. Based on the distribution chart, Sichuan Huati Lighting Technology Co ranks #1447 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sichuan Huati Lighting Technology Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Huati Lighting Technology Co's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sichuan Huati Lighting Technology Co ranks #1447 out of 3073 companies for Quick Ratio. This puts Sichuan Huati Lighting Technology Co in the upper half of its industry. The industry median Quick Ratio is 1.39. Sichuan Huati Lighting Technology Co's value of 1.45 is 4.3% above this benchmark. Historically, Sichuan Huati Lighting Technology Co's own Quick Ratio has ranged from 1.11 to 2.84 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.39, Sichuan Huati Lighting Technology 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,073 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. Sichuan Huati Lighting Technology Co's current Quick Ratio of 1.45 is 4.3% 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 Sichuan Huati Lighting Technology Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sichuan Huati Lighting Technology Co's current Quick Ratio is 1.45, which is 27% below median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Huati Lighting Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Huati Lighting Technology Co (SHSE:603679) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥15.40, compared to a current price of ¥18.88 — trading 22.6% above its estimated fair value. The current Quick Ratio is 1.45, which is 27% below median its 10-year median of 1.99 and 4.3% above the Industrial Products industry median of 1.39. Sichuan Huati Lighting Technology Co's overall GF Score™ is 65/100 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 Sichuan Huati Lighting Technology Co (SHSE:603679), the current Quick Ratio is 1.45 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 Sichuan Huati Lighting Technology Co (SHSE:603679) Overvalued in 2026?
Based on GuruFocus' analysis, Sichuan Huati Lighting Technology Co stock appears to be overvalued.
The current stock price of ¥18.88 is trading 22.6% above its estimated GF Value™ of ¥15.40.
GuruFocus considers Sichuan Huati Lighting Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:603679:
Quick Ratio: 1.45 (27% below median its 10-year median of 1.99)
GF Value™: ¥15.40 vs. price of ¥18.88 (22.6% above fair value)
Industry Position: 4.3% above the Industrial Products median (#1447 of 3073)
No single metric tells the full story. See the SHSE:603679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sichuan Huati Lighting Technology Co Business Description
Sichuan Huati Lighting Technology Co Ltd is an integrated urban lighting service provider, focusing on program planning and design, product development and manufacturing, and industrial lighting. Its products include multi-function poles, demo product, flood projection lights, light-emitting diode (LED) parking light fixture, LED street light fixtures, shoebox light fixture, smart bus station, smart street lighting, the 3rd generation lighting module, and tunnel lights.
65GF Score
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