Espressif Systems (Shanghai) Co has a quick ratio of 8.72. It generally indicates good short-term financial strength.
The historical rank and industry rank for Espressif Systems (Shanghai) Co's Quick Ratio or its related term are showing as below:
SHSE:688018'
s Quick Ratio Range Over the Past 10 Years
Min: 2.51 Med: 7.28 Max: 28.89
Current: 8.72
During the past 10 years, Espressif Systems (Shanghai) Co's highest Quick Ratio was 28.89. The lowest was 2.51. And the median was 7.28.
SHSE:688018's Quick Ratio is ranked better than 93.28% of 1027
companies
in the Semiconductors industry
Industry Median: 1.85
vs SHSE:688018: 8.72
Espressif Systems (Shanghai) Co (SHSE:688018) 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.
Espressif Systems (Shanghai) Co Quick Ratio Related Terms
Espressif Systems (Shanghai) Co 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.
SHSE:688018 vs NVDA, AVGO, MU: Quick Ratio Comparison
For the Semiconductors subindustry, Espressif Systems (Shanghai) 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.
Espressif Systems (Shanghai) Co Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Espressif Systems (Shanghai) Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Espressif Systems (Shanghai) Co's Quick Ratio falls into.
Espressif Systems (Shanghai) 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.
* 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.
Espressif Systems (Shanghai) Co (SHSE:688018) has a Quick Ratio of 8.72 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Espressif Systems (Shanghai) Co and its competitors. This is 20% above median its historical median of 7.28. Over the past decade, Espressif Systems (Shanghai) Co's Quick Ratio has ranged from 2.51 to 28.89. According to the industry distribution chart, Espressif Systems (Shanghai) Co ranks #69 out of 1027 companies in the Semiconductors industry, placing it in the top 6.7%.
Is Espressif Systems (Shanghai) Co's Quick Ratio too high?
Espressif Systems (Shanghai) Co's current Quick Ratio of 8.72 is 20% above median its 10-year median of 7.28. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 28.89. The Semiconductors industry median Quick Ratio is 1.85. Espressif Systems (Shanghai) Co's value of 8.72 is 371.4% above this industry median. Based on the distribution chart, Espressif Systems (Shanghai) Co ranks #69 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Espressif Systems (Shanghai) 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 Espressif Systems (Shanghai) Co's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Espressif Systems (Shanghai) Co ranks #69 out of 1027 companies for Quick Ratio. This places Espressif Systems (Shanghai) Co in the top 7% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.85. Espressif Systems (Shanghai) Co's value of 8.72 is 371.4% above this benchmark. Historically, Espressif Systems (Shanghai) Co's own Quick Ratio has ranged from 2.51 to 28.89 over the past decade. While the company's 10-year median is 7.28 vs. the industry median of 1.85, Espressif Systems (Shanghai) 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 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. Espressif Systems (Shanghai) Co's current Quick Ratio of 8.72 is 371.4% 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 Espressif Systems (Shanghai) Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Espressif Systems (Shanghai) Co's current Quick Ratio is 8.72, which is 20% above median its own 10-year median of 7.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espressif Systems (Shanghai) Co stock overvalued right now?
Based on GuruFocus' analysis, Espressif Systems (Shanghai) Co (SHSE:688018) is currently considered Fairly Valued. The stock's GF Value™ is ¥109.27, compared to a current price of ¥120.11 — trading 9.9% above its estimated fair value. The current Quick Ratio is 8.72, which is 20% above median its 10-year median of 7.28 and 371.4% above the Semiconductors industry median of 1.85. Espressif Systems (Shanghai) Co's overall GF Score™ is 96/100 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 Espressif Systems (Shanghai) Co (SHSE:688018), the current Quick Ratio is 8.72 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 Espressif Systems (Shanghai) Co (SHSE:688018) Overvalued in 2026?
Based on GuruFocus' analysis, Espressif Systems (Shanghai) Co stock appears to be overvalued.
The current stock price of ¥120.11 is trading 9.9% above its estimated GF Value™ of ¥109.27.
GuruFocus considers Espressif Systems (Shanghai) Co to be Fairly Valued.
Key valuation signals for SHSE:688018:
Quick Ratio: 8.72 (20% above median its 10-year median of 7.28)
GF Value™: ¥109.27 vs. price of ¥120.11 (9.9% above fair value)
Industry Position: 371.4% above the Semiconductors median (#69 of 1027)
No single metric tells the full story. See the SHSE:688018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Espressif Systems (Shanghai) Co Business Description
Espressif Systems (Shanghai) Co Ltd is primarily engaged in development, design and sales of Wi-Fi MCU communication chips and their modules from the internet of things.
96GF Score
Get the complete analysis for SHSE:688018
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