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WPG (Shanghai) Smart Water PCL has a quick ratio of 1.39. It generally indicates good short-term financial strength.
The historical rank and industry rank for WPG (Shanghai) Smart Water PCL's Quick Ratio or its related term are showing as below:
SHSE:603956'
s Quick Ratio Range Over the Past 10 Years
Min: 1.39 Med: 2.21 Max: 4.75
Current: 1.39
During the past 13 years, WPG (Shanghai) Smart Water PCL's highest Quick Ratio was 4.75. The lowest was 1.39. And the median was 2.21.
SHSE:603956's Quick Ratio is ranked better than 50.58% of 3078
companies
in the Industrial Products industry
Industry Median: 1.375
vs SHSE:603956: 1.39
WPG (Shanghai) Smart Water PCL (SHSE:603956) 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.
WPG (Shanghai) Smart Water PCL Quick Ratio Related Terms
WPG (Shanghai) Smart Water PCL 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.
SHSE:603956 vs GEV, ETN, PH: Quick Ratio Comparison
For the Specialty Industrial Machinery subindustry, WPG (Shanghai) Smart Water PCL'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.
WPG (Shanghai) Smart Water PCL Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, WPG (Shanghai) Smart Water PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where WPG (Shanghai) Smart Water PCL's Quick Ratio falls into.
WPG (Shanghai) Smart Water PCL 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.
WPG (Shanghai) Smart Water PCL (SHSE:603956) has a Quick Ratio of 1.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on WPG (Shanghai) Smart Water PCL and its competitors. This is 37% below median its historical median of 2.21. Over the past decade, WPG (Shanghai) Smart Water PCL's Quick Ratio has ranged from 1.39 to 4.75. According to the industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #1521 out of 3078 companies in the Industrial Products industry, placing it in the top 49.4%.
Is WPG (Shanghai) Smart Water PCL's Quick Ratio too high?
WPG (Shanghai) Smart Water PCL's current Quick Ratio of 1.39 is 37% below median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 4.75. The Industrial Products industry median Quick Ratio is 1.38. WPG (Shanghai) Smart Water PCL's value of 1.39 is 1.1% above this industry median. Based on the distribution chart, WPG (Shanghai) Smart Water PCL ranks #1521 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, WPG (Shanghai) Smart Water PCL has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WPG (Shanghai) Smart Water PCL's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, WPG (Shanghai) Smart Water PCL ranks #1521 out of 3078 companies for Quick Ratio. This puts WPG (Shanghai) Smart Water PCL in the upper half of its industry. The industry median Quick Ratio is 1.38. WPG (Shanghai) Smart Water PCL's value of 1.39 is 1.1% above this benchmark. Historically, WPG (Shanghai) Smart Water PCL's own Quick Ratio has ranged from 1.39 to 4.75 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.38, WPG (Shanghai) Smart Water PCL 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 1.38, based on 3,078 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. WPG (Shanghai) Smart Water PCL's current Quick Ratio of 1.39 is 1.1% 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 WPG (Shanghai) Smart Water PCL and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WPG (Shanghai) Smart Water PCL's current Quick Ratio is 1.39, which is 37% below median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WPG (Shanghai) Smart Water PCL stock overvalued right now?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL (SHSE:603956) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.69, compared to a current price of ¥6.99 — trading 22.8% above its estimated fair value. The current Quick Ratio is 1.39, which is 37% below median its 10-year median of 2.21 and 1.1% above the Industrial Products industry median of 1.38. WPG (Shanghai) Smart Water PCL's overall GF Score™ is 72/100 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 WPG (Shanghai) Smart Water PCL (SHSE:603956), the current Quick Ratio is 1.39 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 WPG (Shanghai) Smart Water PCL (SHSE:603956) Overvalued in 2026?
Based on GuruFocus' analysis, WPG (Shanghai) Smart Water PCL stock appears to be overvalued.
The current stock price of ¥6.99 is trading 22.8% above its estimated GF Value™ of ¥5.69.
GuruFocus considers WPG (Shanghai) Smart Water PCL to be Modestly Overvalued.
Key valuation signals for SHSE:603956:
Quick Ratio: 1.39 (37% below median its 10-year median of 2.21)
GF Value™: ¥5.69 vs. price of ¥6.99 (22.8% above fair value)
Industry Position: 1.1% above the Industrial Products median (#1521 of 3078)
No single metric tells the full story. See the SHSE:603956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WPG (Shanghai) Smart Water PCL is a smart water solutions provider, is a professional technology service company dedicated to solving various problems arising in water supply for customers. Its core business includes the development, production, sales and service of secondary water supply Zhilian equipment with the concept of industrial Internet, the deployment, commissioning and maintenance of the intelligent water supply management platform system, providing safe, energy-saving and efficient operation for secondary water supply.
72GF Score
Get the complete analysis for SHSE:603956
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