Ningbo Deye TechnologySHSE:605117 -3.77%88 Quick Ratio is 1.41 as of Mar. 2026, which is 8% below its 10-year median of 1.54. GuruFocus rates SHSE:605117 with a GF Score™ of 88/100 and a GF Value™ of ¥75.04 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,070 Industrial Products companies, Ningbo Deye Technology ranks better than 50.98% on this metric.
Ningbo Deye Technology has a quick ratio of 1.41. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ningbo Deye Technology's Quick Ratio or its related term are showing as below:
SHSE:605117'
s Quick Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.54 Max: 2.5
Current: 1.41
During the past 10 years, Ningbo Deye Technology's highest Quick Ratio was 2.50. The lowest was 0.57. And the median was 1.54.
SHSE:605117's Quick Ratio is ranked better than 50.98% of 3070
companies
in the Industrial Products industry
Industry Median: 1.39
vs SHSE:605117: 1.41
Ningbo Deye Technology (SHSE:605117) 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.
Ningbo Deye Technology Quick Ratio Related Terms
Ningbo Deye Technology 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.
For the Electrical Equipment & Parts subindustry, Ningbo Deye Technology'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.
Ningbo Deye Technology Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbo Deye Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo Deye Technology's Quick Ratio falls into.
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.
Ningbo Deye Technology's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ningbo Deye Technology (SHSE:605117) has a Quick Ratio of 1.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ningbo Deye Technology and its competitors. This is near median its historical median of 1.54. Over the past decade, Ningbo Deye Technology's Quick Ratio has ranged from 0.57 to 2.50. According to the industry distribution chart, Ningbo Deye Technology ranks #1505 out of 3070 companies in the Industrial Products industry, placing it in the top 49%.
Is Ningbo Deye Technology's Quick Ratio too high?
Ningbo Deye Technology's current Quick Ratio of 1.41 is near median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.50. The Industrial Products industry median Quick Ratio is 1.39. Ningbo Deye Technology's value of 1.41 is 1.4% above this industry median. Based on the distribution chart, Ningbo Deye Technology ranks #1505 out of 3070 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ningbo Deye Technology has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Deye Technology's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Deye Technology ranks #1505 out of 3070 companies for Quick Ratio. This puts Ningbo Deye Technology in the upper half of its industry. The industry median Quick Ratio is 1.39. Ningbo Deye Technology's value of 1.41 is 1.4% above this benchmark. Historically, Ningbo Deye Technology's own Quick Ratio has ranged from 0.57 to 2.50 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.39, Ningbo Deye Technology 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 1.39, based on 3,070 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. Ningbo Deye Technology's current Quick Ratio of 1.41 is 1.4% 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 Ningbo Deye Technology and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Deye Technology's current Quick Ratio is 1.41, which is near median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Deye Technology stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Deye Technology (SHSE:605117) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥75.04, compared to a current price of ¥86.19 — trading 14.9% above its estimated fair value. The current Quick Ratio is 1.41, which is near median its 10-year median of 1.54 and 1.4% above the Industrial Products industry median of 1.39. Ningbo Deye Technology's overall GF Score™ is 88/100 with 3 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 Ningbo Deye Technology (SHSE:605117), the current Quick Ratio is 1.41 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 Ningbo Deye Technology (SHSE:605117) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Deye Technology stock appears to be overvalued.
The current stock price of ¥86.19 is trading 14.9% above its estimated GF Value™ of ¥75.04.
GuruFocus considers Ningbo Deye Technology to be Modestly Overvalued.
Key valuation signals for SHSE:605117:
Quick Ratio: 1.41 (near median its 10-year median of 1.54)
GF Value™: ¥75.04 vs. price of ¥86.19 (14.9% above fair value)
Industry Position: 1.4% above the Industrial Products median (#1505 of 3070)
No single metric tells the full story. See the SHSE:605117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Deye Technology Corp is engaged in the research, development, manufacturing, and sale of inverters, heat exchangers, and dehumidifiers. Its product range also includes refrigeration equipment, air and water purification systems, fresh air systems, solar air conditioners, variable frequency water pumps, and electronic controllers.
88GF Score
Get the complete analysis for SHSE:605117
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:605117 has been successfully added to your 
