CoCreation Grass Co (SHSE:605099) Quick Ratio: 2.71 (As of Mar. 2026) — Near Median


SHSE:605099 CoCreation Grass Co Ltd SHSE:605099
96 GF Score
Price ¥32.14
GF Value ¥30.80
Valuation Fairly Valued
! 2 Warning Signs
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What is CoCreation Grass Co Quick Ratio?

CoCreation Grass Co SHSE:605099 +2.68% 96 Quick Ratio is 2.71 as of Mar. 2026, which is 4% below its 10-year median of 2.82. GuruFocus rates SHSE:605099 with a GF Score™ of 96/100 and a GF Value™ of ¥30.80 (Fairly Valued). The stock has 2 warning signs investors should review. Among 852 Travel & Leisure companies, CoCreation Grass Co ranks better than 81.69% 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. CoCreation Grass Co's quick ratio for the quarter that ended in Mar. 2026 was 2.71.

CoCreation Grass Co has a quick ratio of 2.71. It generally indicates good short-term financial strength.

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

SHSE:605099' s Quick Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.82   Max: 4.93
Current: 2.71

During the past 13 years, CoCreation Grass Co's highest Quick Ratio was 4.93. The lowest was 0.70. And the median was 2.82.

SHSE:605099's Quick Ratio is ranked better than
81.69% of 852 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs SHSE:605099: 2.71

CoCreation Grass Co  (SHSE:605099) 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.


CoCreation Grass Co Quick Ratio Related Terms


CoCreation Grass Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for CoCreation Grass 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.

CoCreation Grass Co Quick Ratio Chart

CoCreation Grass 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 2.57 2.83 2.82 3.28 2.24

CoCreation Grass 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 2.84 2.50 2.60 2.24 2.71

SHSE:605099 vs AS, HAS, LTH: Quick Ratio Comparison

For the Leisure subindustry, CoCreation Grass 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.


CoCreation Grass Co Quick Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CoCreation Grass Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where CoCreation Grass Co's Quick Ratio falls into.


SHSE:605099
96GF Score
CoCreation Grass Co Ltd SHSE:605099
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CoCreation Grass 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.

CoCreation Grass 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
=(2881.725-558.787)/1037.858
=2.24

CoCreation Grass 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
=(2886.427-595.522)/846.267
=2.71

* 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 2.71 mean?
CoCreation Grass Co (SHSE:605099) has a Quick Ratio of 2.71 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CoCreation Grass Co and its competitors. This is near median its historical median of 2.82. Over the past decade, CoCreation Grass Co's Quick Ratio has ranged from 0.70 to 4.93. According to the industry distribution chart, CoCreation Grass Co ranks #156 out of 852 companies in the Travel & Leisure industry, placing it in the top 18.3%.
Is CoCreation Grass Co's Quick Ratio too high?
CoCreation Grass Co's current Quick Ratio of 2.71 is near median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 4.93. The Travel & Leisure industry median Quick Ratio is 1.14. CoCreation Grass Co's value of 2.71 is 137.7% above this industry median. Based on the distribution chart, CoCreation Grass Co ranks #156 out of 852 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, CoCreation Grass Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CoCreation Grass Co's Quick Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, CoCreation Grass Co ranks #156 out of 852 companies for Quick Ratio. This places CoCreation Grass Co in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.14. CoCreation Grass Co's value of 2.71 is 137.7% above this benchmark. Historically, CoCreation Grass Co's own Quick Ratio has ranged from 0.70 to 4.93 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.14, CoCreation Grass 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 a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.14, based on 852 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. CoCreation Grass Co's current Quick Ratio of 2.71 is 137.7% 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 CoCreation Grass Co and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoCreation Grass Co's current Quick Ratio is 2.71, which is near median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoCreation Grass Co stock overvalued right now?
Based on GuruFocus' analysis, CoCreation Grass Co (SHSE:605099) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.80, compared to a current price of ¥32.14 — trading 4.4% above its estimated fair value. The current Quick Ratio is 2.71, which is near median its 10-year median of 2.82 and 137.7% above the Travel & Leisure industry median of 1.14. CoCreation Grass Co's overall GF Score™ is 96/100 with 2 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 CoCreation Grass Co (SHSE:605099), the current Quick Ratio is 2.71 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 CoCreation Grass Co (SHSE:605099) Overvalued in 2026?

Based on GuruFocus' analysis, CoCreation Grass Co stock appears to be overvalued. The current stock price of ¥32.14 is trading 4.4% above its estimated GF Value™ of ¥30.80. GuruFocus considers CoCreation Grass Co to be Fairly Valued.

Key valuation signals for SHSE:605099:

  • Quick Ratio: 2.71 (near median its 10-year median of 2.82)
  • GF Value™: ¥30.80 vs. price of ¥32.14 (4.4% above fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 137.7% above the Travel & Leisure median (#156 of 852)

No single metric tells the full story. See the SHSE:605099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CoCreation Grass Co Business Description

Address 66 Guangzhou East Road, Economic Development Zone, Huaian District, Jiangsu Province, Huaian, CHN, 223001
CoCreation Grass Co Ltd is a manufacturer of artificial grass providing the artificial turf for both athletic and landscape purposes. The company's products include football turf, hockey turf, rugby turf, tennis turf, and multi-sport turf and landscape grass.
96GF Score

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

¥32.14
Price
¥30.80
GF Value