SHSE:688059'
s Quick Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.43 Max: 4.7
Current: 1.54
During the past 9 years, Zhuzhou Huarui Precision Tools Co's highest Quick Ratio was 4.70. The lowest was 0.65. And the median was 1.43.
SHSE:688059's Quick Ratio is ranked better than 56.18% of 3067
companies
in the Industrial Products industry
Industry Median: 1.39
vs SHSE:688059: 1.54
Zhuzhou Huarui Precision Tools Co (SHSE:688059) 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.
Zhuzhou Huarui Precision Tools Co Quick Ratio Related Terms
Zhuzhou Huarui Precision Tools 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.
Zhuzhou Huarui Precision Tools Co Quick Ratio Chart
SHSE:688059 vs SNA, RBC, LECO: Quick Ratio Comparison
For the Tools & Accessories subindustry, Zhuzhou Huarui Precision Tools 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.
Zhuzhou Huarui Precision Tools Co Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhuzhou Huarui Precision Tools Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Zhuzhou Huarui Precision Tools Co's Quick Ratio falls into.
Zhuzhou Huarui Precision Tools 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.
Zhuzhou Huarui Precision Tools Co (SHSE:688059) has a Quick Ratio of 1.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhuzhou Huarui Precision Tools Co and its competitors. This is near median its historical median of 1.43. Over the past decade, Zhuzhou Huarui Precision Tools Co's Quick Ratio has ranged from 0.65 to 4.70. According to the industry distribution chart, Zhuzhou Huarui Precision Tools Co ranks #1344 out of 3067 companies in the Industrial Products industry, placing it in the top 43.8%.
Is Zhuzhou Huarui Precision Tools Co's Quick Ratio too high?
Zhuzhou Huarui Precision Tools Co's current Quick Ratio of 1.54 is near median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 4.70. The Industrial Products industry median Quick Ratio is 1.39. Zhuzhou Huarui Precision Tools Co's value of 1.54 is 10.8% above this industry median. Based on the distribution chart, Zhuzhou Huarui Precision Tools Co ranks #1344 out of 3067 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhuzhou Huarui Precision Tools Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou Huarui Precision Tools Co's Quick Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Zhuzhou Huarui Precision Tools Co ranks #1344 out of 3067 companies for Quick Ratio. This puts Zhuzhou Huarui Precision Tools Co in the upper half of its industry. The industry median Quick Ratio is 1.39. Zhuzhou Huarui Precision Tools Co's value of 1.54 is 10.8% above this benchmark. Historically, Zhuzhou Huarui Precision Tools Co's own Quick Ratio has ranged from 0.65 to 4.70 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.39, Zhuzhou Huarui Precision Tools 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,067 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. Zhuzhou Huarui Precision Tools Co's current Quick Ratio of 1.54 is 10.8% 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 Zhuzhou Huarui Precision Tools Co 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. Zhuzhou Huarui Precision Tools Co's current Quick Ratio is 1.54, which is near median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou Huarui Precision Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou Huarui Precision Tools Co (SHSE:688059) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥90.35, compared to a current price of ¥173.02 — trading 91.5% above its estimated fair value. The current Quick Ratio is 1.54, which is near median its 10-year median of 1.43 and 10.8% above the Industrial Products industry median of 1.39. Zhuzhou Huarui Precision Tools Co's overall GF Score™ is 84/100 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 Zhuzhou Huarui Precision Tools Co (SHSE:688059), the current Quick Ratio is 1.54 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 Zhuzhou Huarui Precision Tools Co (SHSE:688059) Overvalued in 2026?
Based on GuruFocus' analysis, Zhuzhou Huarui Precision Tools Co stock appears to be overvalued.
The current stock price of ¥173.02 is trading 91.5% above its estimated GF Value™ of ¥90.35.
GuruFocus considers Zhuzhou Huarui Precision Tools Co to be Significantly Overvalued.
Key valuation signals for SHSE:688059:
Quick Ratio: 1.54 (near median its 10-year median of 1.43)
GF Value™: ¥90.35 vs. price of ¥173.02 (91.5% above fair value)
Industry Position: 10.8% above the Industrial Products median (#1344 of 3067)
No single metric tells the full story. See the SHSE:688059 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhuzhou Huarui Precision Tools Co Business Description
Zhuzhou Huarui Precision Tools Co Ltd is engaged in research and development, production and sales of cemented carbide tools, solid carbide end mills, welded and clamped cutting tools and cemented carbide material. The company's products are mainly used in aerospace, rail transit, automobile, energy, precision electronics, precision mold and other industries.
84GF Score
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