Zhejiang Huasheng Technology Co (SHSE:605180) Quick Ratio: 3.30 (As of Mar. 2026) — 70% Below Median

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SHSE:605180 Zhejiang Huasheng Technology Co Ltd SHSE:605180
71 GF Score
Price ¥10.28
GF Value ¥17.88
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Zhejiang Huasheng Technology Co Quick Ratio?

Zhejiang Huasheng Technology Co SHSE:605180 -2.00% 71 Quick Ratio is 3.30 as of Mar. 2026, which is 70% below its 10-year median of 10.85. GuruFocus rates SHSE:605180 with a GF Score™ of 71/100 and a GF Value™ of ¥17.88 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Zhejiang Huasheng Technology Co ranks better than 87.36% 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. Zhejiang Huasheng Technology Co's quick ratio for the quarter that ended in Mar. 2026 was 3.30.

Zhejiang Huasheng Technology Co has a quick ratio of 3.30. It generally indicates good short-term financial strength.

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

SHSE:605180' s Quick Ratio Range Over the Past 10 Years
Min: 2.68   Med: 10.85   Max: 40.07
Current: 3.3

During the past 10 years, Zhejiang Huasheng Technology Co's highest Quick Ratio was 40.07. The lowest was 2.68. And the median was 10.85.

SHSE:605180's Quick Ratio is ranked better than
87.36% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs SHSE:605180: 3.30

Zhejiang Huasheng Technology Co  (SHSE:605180) 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.


Zhejiang Huasheng Technology Co Quick Ratio Related Terms


Zhejiang Huasheng Technology Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Zhejiang Huasheng Technology 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.

Zhejiang Huasheng Technology Co Quick Ratio Chart

Zhejiang Huasheng Technology 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 9.06 33.13 28.19 11.16 2.86

Zhejiang Huasheng Technology 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 10.68 6.05 5.90 2.86 3.30

Zhejiang Huasheng Technology Co Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Zhejiang Huasheng Technology 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.


Zhejiang Huasheng Technology Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Huasheng Technology Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Zhejiang Huasheng Technology Co's Quick Ratio falls into.


SHSE:605180
71GF Score
Zhejiang Huasheng Technology Co Ltd SHSE:605180
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Huasheng Technology 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.

Zhejiang Huasheng Technology 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
=(432.369-99.469)/116.477
=2.86

Zhejiang Huasheng Technology 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
=(436.948-96.266)/103.371
=3.30

* 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 3.30 mean?
Zhejiang Huasheng Technology Co (SHSE:605180) has a Quick Ratio of 3.30 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhejiang Huasheng Technology Co and its competitors. This is 70% below median its historical median of 10.85. Over the past decade, Zhejiang Huasheng Technology Co's Quick Ratio has ranged from 2.68 to 40.07. According to the industry distribution chart, Zhejiang Huasheng Technology Co ranks #135 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.6%.
Is Zhejiang Huasheng Technology Co's Quick Ratio too high?
Zhejiang Huasheng Technology Co's current Quick Ratio of 3.30 is 70% below median its 10-year median of 10.85. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 40.07. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Zhejiang Huasheng Technology Co's value of 3.30 is 197.3% above this industry median. Based on the distribution chart, Zhejiang Huasheng Technology Co ranks #135 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Huasheng Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huasheng Technology Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Huasheng Technology Co ranks #135 out of 1068 companies for Quick Ratio. This places Zhejiang Huasheng Technology Co in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Zhejiang Huasheng Technology Co's value of 3.30 is 197.3% above this benchmark. Historically, Zhejiang Huasheng Technology Co's own Quick Ratio has ranged from 2.68 to 40.07 over the past decade. While the company's 10-year median is 10.85 vs. the industry median of 1.11, Zhejiang Huasheng Technology 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,068 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. Zhejiang Huasheng Technology Co's current Quick Ratio of 3.30 is 197.3% 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 Zhejiang Huasheng Technology Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huasheng Technology Co's current Quick Ratio is 3.30, which is 70% below median its own 10-year median of 10.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huasheng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co (SHSE:605180) is currently considered Possible Value Trap. The stock's GF Value™ is ¥17.88, compared to a current price of ¥10.28 — trading 42.5% below its estimated fair value. The current Quick Ratio is 3.30, which is 70% below median its 10-year median of 10.85 and 197.3% above the Manufacturing - Apparel & Accessories industry median of 1.11. Zhejiang Huasheng Technology Co's overall GF Score™ is 71/100 with 7 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 Zhejiang Huasheng Technology Co (SHSE:605180), the current Quick Ratio is 3.30 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 Zhejiang Huasheng Technology Co (SHSE:605180) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huasheng Technology Co stock appears to be undervalued. The current stock price of ¥10.28 is trading 42.5% below its estimated GF Value™ of ¥17.88. GuruFocus considers Zhejiang Huasheng Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:605180:

  • Quick Ratio: 3.30 (70% below median its 10-year median of 10.85)
  • GF Value™: ¥17.88 vs. price of ¥10.28 (42.5% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 197.3% above the Manufacturing - Apparel & Accessories median (#135 of 1068)

No single metric tells the full story. See the SHSE:605180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Huasheng Technology Co Business Description

Address No. 8 Hongqi Avenue, Maqiao Street, Jiaxing City, Zhejiang Province, Haining, CHN, 314419
Zhejiang Huasheng Technology Co Ltd is engaged in the research and development, production, and sales of plastic composite materials. The company's main products are airtight materials and flexible materials. Among them, airtight materials include brushed air cushion materials and inflatable yacht materials, which are mainly used in sports and leisure fields such as paddle boards, gymnastics mats, and inflatable yachts; flexible materials include canopy materials and light box advertising materials, which are mainly used in transportation, logistics and planes, advertising, and other fields.
71GF Score

Get the complete analysis for SHSE:605180

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

¥10.28
Price
¥17.88
GF Value