Tongqinglou Catering Co (SHSE:605108) Quick Ratio: 0.24 (As of Mar. 2026) — 74% Below Median


SHSE:605108 Tongqinglou Catering Co Ltd SHSE:605108
74 GF Score
Price ¥11.47
GF Value ¥22.18
Valuation Possible Value Trap
! 10 Warning Signs
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What is Tongqinglou Catering Co Quick Ratio?

Tongqinglou Catering Co SHSE:605108 -2.22% 74 Quick Ratio is 0.24 as of Mar. 2026, which is 74% below its 10-year median of 0.93. GuruFocus rates SHSE:605108 with a GF Score™ of 74/100 and a GF Value™ of ¥22.18 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,092 Business Services companies, Tongqinglou Catering Co ranks worse than 96.98% 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. Tongqinglou Catering Co's quick ratio for the quarter that ended in Mar. 2026 was 0.24.

Tongqinglou Catering Co has a quick ratio of 0.24. It indicates that the company cannot currently fully pay back its current liabilities.

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

SHSE:605108' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.93   Max: 3.7
Current: 0.24

During the past 13 years, Tongqinglou Catering Co's highest Quick Ratio was 3.70. The lowest was 0.24. And the median was 0.93.

SHSE:605108's Quick Ratio is ranked worse than
96.98% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs SHSE:605108: 0.24

Tongqinglou Catering Co  (SHSE:605108) 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.


Tongqinglou Catering Co Quick Ratio Related Terms


Tongqinglou Catering Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Tongqinglou Catering 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.

Tongqinglou Catering Co Quick Ratio Chart

Tongqinglou Catering 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 2.20 1.38 0.44 0.37 0.29

Tongqinglou Catering 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 0.37 0.38 0.32 0.29 0.24

SHSE:605108 vs CTAS, CPRT, ULS: Quick Ratio Comparison

For the Specialty Business Services subindustry, Tongqinglou Catering 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.


Tongqinglou Catering Co Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Tongqinglou Catering Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Tongqinglou Catering Co's Quick Ratio falls into.


SHSE:605108
74GF Score
Tongqinglou Catering Co Ltd SHSE:605108
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongqinglou Catering 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.

Tongqinglou Catering 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
=(662.763-135.863)/1848.544
=0.29

Tongqinglou Catering 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
=(597.671-115.949)/2007.625
=0.24

* 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 0.24 mean?
Tongqinglou Catering Co (SHSE:605108) has a Quick Ratio of 0.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Tongqinglou Catering Co and its competitors. This is 74% below median its historical median of 0.93. Over the past decade, Tongqinglou Catering Co's Quick Ratio has ranged from 0.24 to 3.70. According to the industry distribution chart, Tongqinglou Catering Co ranks #1059 out of 1092 companies in the Business Services industry, placing it in the top 97%.
Is Tongqinglou Catering Co's Quick Ratio too high?
Tongqinglou Catering Co's current Quick Ratio of 0.24 is 74% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 3.70. The Business Services industry median Quick Ratio is 1.67. Tongqinglou Catering Co's value of 0.24 is 85.6% below this industry median. Based on the distribution chart, Tongqinglou Catering Co ranks #1059 out of 1092 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Tongqinglou Catering Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tongqinglou Catering Co's Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Tongqinglou Catering Co ranks #1059 out of 1092 companies for Quick Ratio. This places Tongqinglou Catering Co in the lower half of its industry. The industry median Quick Ratio is 1.67. Tongqinglou Catering Co's value of 0.24 is 85.6% below this benchmark. Historically, Tongqinglou Catering Co's own Quick Ratio has ranged from 0.24 to 3.70 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.67, Tongqinglou Catering Co has consistently been below 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 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. Tongqinglou Catering Co's current Quick Ratio of 0.24 is 85.6% below 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 Tongqinglou Catering Co and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongqinglou Catering Co's current Quick Ratio is 0.24, which is 74% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongqinglou Catering Co stock overvalued right now?
Based on GuruFocus' analysis, Tongqinglou Catering Co (SHSE:605108) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.18, compared to a current price of ¥11.47 — trading 48.3% below its estimated fair value. The current Quick Ratio is 0.24, which is 74% below median its 10-year median of 0.93 and 85.6% below the Business Services industry median of 1.67. Tongqinglou Catering Co's overall GF Score™ is 74/100 with 10 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 Tongqinglou Catering Co (SHSE:605108), the current Quick Ratio is 0.24 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 Tongqinglou Catering Co (SHSE:605108) Overvalued in 2026?

Based on GuruFocus' analysis, Tongqinglou Catering Co stock appears to be undervalued. The current stock price of ¥11.47 is trading 48.3% below its estimated GF Value™ of ¥22.18. GuruFocus considers Tongqinglou Catering Co to be Possible Value Trap.

Key valuation signals for SHSE:605108:

  • Quick Ratio: 0.24 (74% below median its 10-year median of 0.93)
  • GF Value™: ¥22.18 vs. price of ¥11.47 (48.3% below fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 85.6% below the Business Services median (#1059 of 1092)

No single metric tells the full story. See the SHSE:605108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongqinglou Catering Co Business Description

Address Building 9, No. 10 Wangang Road, Baohe District, Anhui Province, Hefei, CHN, 230051
Tongqinglou Catering Co Ltd is a provider of catering services. The company provides catering (limited to branches); hotel management consulting and training services, tobacco and alcohol retail (limited to branches), conference services; wedding services, among others.
74GF Score

Get the complete analysis for SHSE:605108

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

¥11.47
Price
¥22.18
GF Value