Loongson Technology (SHSE:688047) Quick Ratio: 3.48 (As of Mar. 2026) — 23% Below Median

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SHSE:688047 Loongson Technology Corp Ltd SHSE:688047
59 GF Score
Price ¥117.47
GF Value ¥177.96
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Loongson Technology Quick Ratio?

Loongson Technology SHSE:688047 +2.94% 59 Quick Ratio is 3.48 as of Mar. 2026, which is 23% below its 10-year median of 4.50. GuruFocus rates SHSE:688047 with a GF Score™ of 59/100 and a GF Value™ of ¥177.96 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,028 Semiconductors companies, Loongson Technology ranks better than 75.97% 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. Loongson Technology's quick ratio for the quarter that ended in Mar. 2026 was 3.48.

Loongson Technology has a quick ratio of 3.48. It generally indicates good short-term financial strength.

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

SHSE:688047' s Quick Ratio Range Over the Past 10 Years
Min: 1.95   Med: 4.5   Max: 9.2
Current: 3.48

During the past 8 years, Loongson Technology's highest Quick Ratio was 9.20. The lowest was 1.95. And the median was 4.50.

SHSE:688047's Quick Ratio is ranked better than
75.97% of 1028 companies
in the Semiconductors industry
Industry Median: 1.845 vs SHSE:688047: 3.48

Loongson Technology  (SHSE:688047) 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.


Loongson Technology Quick Ratio Related Terms


Loongson Technology Quick Ratio Historical Data

* Premium members only.

The historical data trend for Loongson Technology'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.

Loongson Technology Quick Ratio Chart

Loongson Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 2.54 8.29 5.19 4.42 3.46

Loongson Technology 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 4.58 4.37 3.69 3.46 3.48

SHSE:688047 vs NVDA, AVGO, MU: Quick Ratio Comparison

For the Semiconductors subindustry, Loongson 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.


Loongson Technology Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Loongson Technology's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Loongson Technology's Quick Ratio falls into.


SHSE:688047
59GF Score
Loongson Technology Corp Ltd SHSE:688047
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Loongson Technology 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.

Loongson Technology'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
=(2207.738-850.241)/392.11
=3.46

Loongson Technology'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
=(2057.854-852.446)/346.651
=3.48

* 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 3.48 mean?
Loongson Technology (SHSE:688047) has a Quick Ratio of 3.48 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Loongson Technology and its competitors. This is 23% below median its historical median of 4.50. Over the past decade, Loongson Technology's Quick Ratio has ranged from 1.95 to 9.20. According to the industry distribution chart, Loongson Technology ranks #247 out of 1028 companies in the Semiconductors industry, placing it in the top 24%.
Is Loongson Technology's Quick Ratio too high?
Loongson Technology's current Quick Ratio of 3.48 is 23% below median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 9.20. The Semiconductors industry median Quick Ratio is 1.85. Loongson Technology's value of 3.48 is 88.6% above this industry median. Based on the distribution chart, Loongson Technology ranks #247 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Loongson Technology has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Loongson Technology's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Loongson Technology ranks #247 out of 1028 companies for Quick Ratio. This places Loongson Technology in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.85. Loongson Technology's value of 3.48 is 88.6% above this benchmark. Historically, Loongson Technology's own Quick Ratio has ranged from 1.95 to 9.20 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 1.85, Loongson 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 a Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,028 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. Loongson Technology's current Quick Ratio of 3.48 is 88.6% 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 Loongson Technology 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. Loongson Technology's current Quick Ratio is 3.48, which is 23% below median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loongson Technology stock overvalued right now?
Based on GuruFocus' analysis, Loongson Technology (SHSE:688047) is currently considered Possible Value Trap. The stock's GF Value™ is ¥177.96, compared to a current price of ¥117.47 — trading 34% below its estimated fair value. The current Quick Ratio is 3.48, which is 23% below median its 10-year median of 4.50 and 88.6% above the Semiconductors industry median of 1.85. Loongson Technology's overall GF Score™ is 59/100 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 Loongson Technology (SHSE:688047), the current Quick Ratio is 3.48 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 Loongson Technology (SHSE:688047) Overvalued in 2026?

Based on GuruFocus' analysis, Loongson Technology stock appears to be undervalued. The current stock price of ¥117.47 is trading 34% below its estimated GF Value™ of ¥177.96. GuruFocus considers Loongson Technology to be Possible Value Trap.

Key valuation signals for SHSE:688047:

  • Quick Ratio: 3.48 (23% below median its 10-year median of 4.50)
  • GF Value™: ¥177.96 vs. price of ¥117.47 (34% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 88.6% above the Semiconductors median (#247 of 1028)

No single metric tells the full story. See the SHSE:688047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Loongson Technology Business Description

Address Yard 7, Dijin Road, Room 101, 1st Floor, Building 4, Haidian District, Beijing, CHN, 100095
Loongson Technology Corp Ltd is engaged in the development, sales and service of processors, and supporting chips.
59GF Score

Get the complete analysis for SHSE:688047

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

¥117.47
Price
¥177.96
GF Value