Haitian Water Group Co (SHSE:603759) Quick Ratio: 1.43 (As of Mar. 2026) — 52% Above Median

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SHSE:603759 Haitian Water Group Co Ltd SHSE:603759
58 GF Score
Price ¥6.92
GF Value ¥25.55
Valuation Possible Value Trap
! 9 Warning Signs
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What is Haitian Water Group Co Quick Ratio?

Haitian Water Group Co SHSE:603759 +0.73% 58 Quick Ratio is 1.43 as of Mar. 2026, which is 52% above its 10-year median of 0.94. GuruFocus rates SHSE:603759 with a GF Score™ of 58/100 and a GF Value™ of ¥25.55 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 508 Utilities - Regulated companies, Haitian Water Group Co ranks better than 70.28% 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. Haitian Water Group Co's quick ratio for the quarter that ended in Mar. 2026 was 1.43.

Haitian Water Group Co has a quick ratio of 1.43. It generally indicates good short-term financial strength.

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

SHSE:603759' s Quick Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.94   Max: 1.48
Current: 1.43

During the past 10 years, Haitian Water Group Co's highest Quick Ratio was 1.48. The lowest was 0.40. And the median was 0.94.

SHSE:603759's Quick Ratio is ranked better than
70.28% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.02 vs SHSE:603759: 1.43

Haitian Water Group Co  (SHSE:603759) 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.


Haitian Water Group Co Quick Ratio Related Terms


Haitian Water Group Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Haitian Water 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.

Haitian Water Group Co Quick Ratio Chart

Haitian Water 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 0.91 0.82 0.92 1.05 1.23

Haitian Water 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 1.03 1.09 1.19 1.23 1.43

SHSE:603759 vs AWK, WTRG, AWR: Quick Ratio Comparison

For the Utilities - Regulated Water subindustry, Haitian Water 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.


Haitian Water Group Co Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Haitian Water Group Co's Quick Ratio distribution charts can be found below:

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


SHSE:603759
58GF Score
Haitian Water Group Co Ltd SHSE:603759
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Haitian Water 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.

Haitian Water 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
=(2839.206-196.282)/2146.28
=1.23

Haitian Water 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
=(3880.966-267.782)/2527.718
=1.43

* 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 1.43 mean?
Haitian Water Group Co (SHSE:603759) has a Quick Ratio of 1.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Haitian Water Group Co and its competitors. This is 52% above median its historical median of 0.94. Over the past decade, Haitian Water Group Co's Quick Ratio has ranged from 0.40 to 1.48. According to the industry distribution chart, Haitian Water Group Co ranks #151 out of 508 companies in the Utilities - Regulated industry, placing it in the top 29.7%.
Is Haitian Water Group Co's Quick Ratio too high?
Haitian Water Group Co's current Quick Ratio of 1.43 is 52% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.48. The Utilities - Regulated industry median Quick Ratio is 1.02. Haitian Water Group Co's value of 1.43 is 40.2% above this industry median. Based on the distribution chart, Haitian Water Group Co ranks #151 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Haitian Water Group Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Haitian Water Group Co's Quick Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Haitian Water Group Co ranks #151 out of 508 companies for Quick Ratio. This puts Haitian Water Group Co in the upper half of its industry. The industry median Quick Ratio is 1.02. Haitian Water Group Co's value of 1.43 is 40.2% above this benchmark. Historically, Haitian Water Group Co's own Quick Ratio has ranged from 0.40 to 1.48 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.02, Haitian Water Group 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 Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.02, based on 508 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. Haitian Water Group Co's current Quick Ratio of 1.43 is 40.2% 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 Haitian Water Group Co and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haitian Water Group Co's current Quick Ratio is 1.43, which is 52% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haitian Water Group Co stock overvalued right now?
Based on GuruFocus' analysis, Haitian Water Group Co (SHSE:603759) is currently considered Possible Value Trap. The stock's GF Value™ is ¥25.55, compared to a current price of ¥6.92 — trading 72.9% below its estimated fair value. The current Quick Ratio is 1.43, which is 52% above median its 10-year median of 0.94 and 40.2% above the Utilities - Regulated industry median of 1.02. Haitian Water Group Co's overall GF Score™ is 58/100 with 9 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 Haitian Water Group Co (SHSE:603759), the current Quick Ratio is 1.43 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 Haitian Water Group Co (SHSE:603759) Overvalued in 2026?

Based on GuruFocus' analysis, Haitian Water Group Co stock appears to be undervalued. The current stock price of ¥6.92 is trading 72.9% below its estimated GF Value™ of ¥25.55. GuruFocus considers Haitian Water Group Co to be Possible Value Trap.

Key valuation signals for SHSE:603759:

  • Quick Ratio: 1.43 (52% above median its 10-year median of 0.94)
  • GF Value™: ¥25.55 vs. price of ¥6.92 (72.9% below fair value)
  • GF Score™: 58/100 with 9 warning signs
  • Industry Position: 40.2% above the Utilities - Regulated median (#151 of 508)

No single metric tells the full story. See the SHSE:603759 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haitian Water Group Co Business Description

Address No. 57, Community Zheng Street, Xinglong Street, No. 10, Unit 1, Building 1, Tianfu New District, Sichuan Province, Chengdu, CHN, 610000
Haitian Water Group Co Ltd is an integrated environmental service operator whose main business is water supply and sewage treatment.
58GF Score

Get the complete analysis for SHSE:603759

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

¥6.92
Price
¥25.55
GF Value