SEC Electric Machinery Co (SHSE:603988) Quick Ratio: 1.70 (As of Mar. 2026) — Near Median

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SHSE:603988 SEC Electric Machinery Co Ltd SHSE:603988
63 GF Score
Price ¥20.65
GF Value ¥15.51
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SEC Electric Machinery Co Quick Ratio?

SEC Electric Machinery Co SHSE:603988 +10.02% 63 Quick Ratio is 1.70 as of Mar. 2026, which is 1% above its 10-year median of 1.69. GuruFocus rates SHSE:603988 with a GF Score™ of 63/100 and a GF Value™ of ¥15.51 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, SEC Electric Machinery Co ranks better than 62.35% 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. SEC Electric Machinery Co's quick ratio for the quarter that ended in Mar. 2026 was 1.70.

SEC Electric Machinery Co has a quick ratio of 1.70. It generally indicates good short-term financial strength.

The historical rank and industry rank for SEC Electric Machinery Co's Quick Ratio or its related term are showing as below:

SHSE:603988' s Quick Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.69   Max: 3.45
Current: 1.7

During the past 13 years, SEC Electric Machinery Co's highest Quick Ratio was 3.45. The lowest was 1.15. And the median was 1.69.

SHSE:603988's Quick Ratio is ranked better than
62.35% of 3078 companies
in the Industrial Products industry
Industry Median: 1.375 vs SHSE:603988: 1.70

SEC Electric Machinery Co  (SHSE:603988) 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.


SEC Electric Machinery Co Quick Ratio Related Terms


SEC Electric Machinery Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for SEC Electric Machinery 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.

SEC Electric Machinery Co Quick Ratio Chart

SEC Electric Machinery 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 1.22 1.30 1.70 1.57 1.67

SEC Electric Machinery 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 1.53 1.56 1.61 1.67 1.70

SHSE:603988 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, SEC Electric Machinery 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.


SEC Electric Machinery Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SEC Electric Machinery Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where SEC Electric Machinery Co's Quick Ratio falls into.


SHSE:603988
63GF Score
SEC Electric Machinery Co Ltd SHSE:603988
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SEC Electric Machinery 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.

SEC Electric Machinery 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
=(938.619-235.45)/420.794
=1.67

SEC Electric Machinery 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
=(933.429-241.704)/407.138
=1.70

* 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 1.70 mean?
SEC Electric Machinery Co (SHSE:603988) has a Quick Ratio of 1.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SEC Electric Machinery Co and its competitors. This is near median its historical median of 1.69. Over the past decade, SEC Electric Machinery Co's Quick Ratio has ranged from 1.15 to 3.45. According to the industry distribution chart, SEC Electric Machinery Co ranks #1159 out of 3078 companies in the Industrial Products industry, placing it in the top 37.7%.
Is SEC Electric Machinery Co's Quick Ratio too high?
SEC Electric Machinery Co's current Quick Ratio of 1.70 is near median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 3.45. The Industrial Products industry median Quick Ratio is 1.38. SEC Electric Machinery Co's value of 1.70 is 23.6% above this industry median. Based on the distribution chart, SEC Electric Machinery Co ranks #1159 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, SEC Electric Machinery Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SEC Electric Machinery Co's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SEC Electric Machinery Co ranks #1159 out of 3078 companies for Quick Ratio. This puts SEC Electric Machinery Co in the upper half of its industry. The industry median Quick Ratio is 1.38. SEC Electric Machinery Co's value of 1.70 is 23.6% above this benchmark. Historically, SEC Electric Machinery Co's own Quick Ratio has ranged from 1.15 to 3.45 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.38, SEC Electric Machinery 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 1.38, 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. SEC Electric Machinery Co's current Quick Ratio of 1.70 is 23.6% 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 SEC Electric Machinery Co 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. SEC Electric Machinery Co's current Quick Ratio is 1.70, which is near median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEC Electric Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, SEC Electric Machinery Co (SHSE:603988) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.51, compared to a current price of ¥20.65 — trading 33.1% above its estimated fair value. The current Quick Ratio is 1.70, which is near median its 10-year median of 1.69 and 23.6% above the Industrial Products industry median of 1.38. SEC Electric Machinery Co's overall GF Score™ is 63/100 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 SEC Electric Machinery Co (SHSE:603988), the current Quick Ratio is 1.70 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 SEC Electric Machinery Co (SHSE:603988) Overvalued in 2026?

Based on GuruFocus' analysis, SEC Electric Machinery Co stock appears to be overvalued. The current stock price of ¥20.65 is trading 33.1% above its estimated GF Value™ of ¥15.51. GuruFocus considers SEC Electric Machinery Co to be Significantly Overvalued.

Key valuation signals for SHSE:603988:

  • Quick Ratio: 1.70 (near median its 10-year median of 1.69)
  • GF Value™: ¥15.51 vs. price of ¥20.65 (33.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 23.6% above the Industrial Products median (#1159 of 3078)

No single metric tells the full story. See the SHSE:603988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SEC Electric Machinery Co Business Description

Address No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN
SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motors, short-circuit generators, and turbo generators. The company caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting,g, and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.
63GF Score

Get the complete analysis for SHSE:603988

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

¥20.65
Price
¥15.51
GF Value