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Hubei Huaqiang High-Tech CoSHSE:688151 +1.54%60 Quick Ratio is 14.36 as of Mar. 2026, which is 85% above its 10-year median of 7.78. GuruFocus rates SHSE:688151 with a GF Score™ of 60/100 and a GF Value™ of ¥20.79 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 855 Medical Devices & Instruments companies, Hubei Huaqiang High-Tech Co ranks better than 97.66% on this metric.
Hubei Huaqiang High-Tech Co has a quick ratio of 14.36. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hubei Huaqiang High-Tech Co's Quick Ratio or its related term are showing as below:
SHSE:688151'
s Quick Ratio Range Over the Past 10 Years
Min: 1.69 Med: 7.78 Max: 14.36
Current: 14.36
During the past 9 years, Hubei Huaqiang High-Tech Co's highest Quick Ratio was 14.36. The lowest was 1.69. And the median was 7.78.
SHSE:688151's Quick Ratio is ranked better than 97.66% of 855
companies
in the Medical Devices & Instruments industry
Industry Median: 1.89
vs SHSE:688151: 14.36
Hubei Huaqiang High-Tech Co (SHSE:688151) 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.
Hubei Huaqiang High-Tech Co Quick Ratio Related Terms
Hubei Huaqiang High-Tech 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:688151 vs ISRG, BDX, MDLN: Quick Ratio Comparison
For the Medical Instruments & Supplies subindustry, Hubei Huaqiang High-Tech 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.
Hubei Huaqiang High-Tech Co Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hubei Huaqiang High-Tech Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hubei Huaqiang High-Tech Co's Quick Ratio falls into.
Hubei Huaqiang High-Tech 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.
Hubei Huaqiang High-Tech Co (SHSE:688151) has a Quick Ratio of 14.36 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hubei Huaqiang High-Tech Co and its competitors. This is 85% above median its historical median of 7.78. Over the past decade, Hubei Huaqiang High-Tech Co's Quick Ratio has ranged from 1.69 to 14.36. According to the industry distribution chart, Hubei Huaqiang High-Tech Co ranks #20 out of 855 companies in the Medical Devices & Instruments industry, placing it in the top 2.3%.
Is Hubei Huaqiang High-Tech Co's Quick Ratio too high?
Hubei Huaqiang High-Tech Co's current Quick Ratio of 14.36 is 85% above median its 10-year median of 7.78. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 14.36. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Hubei Huaqiang High-Tech Co's value of 14.36 is 659.8% above this industry median. Based on the distribution chart, Hubei Huaqiang High-Tech Co ranks #20 out of 855 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Hubei Huaqiang High-Tech Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hubei Huaqiang High-Tech Co's Quick Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hubei Huaqiang High-Tech Co ranks #20 out of 855 companies for Quick Ratio. This places Hubei Huaqiang High-Tech Co in the top 2% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.89. Hubei Huaqiang High-Tech Co's value of 14.36 is 659.8% above this benchmark. Historically, Hubei Huaqiang High-Tech Co's own Quick Ratio has ranged from 1.69 to 14.36 over the past decade. While the company's 10-year median is 7.78 vs. the industry median of 1.89, Hubei Huaqiang High-Tech 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 855 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. Hubei Huaqiang High-Tech Co's current Quick Ratio of 14.36 is 659.8% 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 Hubei Huaqiang High-Tech Co and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubei Huaqiang High-Tech Co's current Quick Ratio is 14.36, which is 85% above median its own 10-year median of 7.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubei Huaqiang High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, Hubei Huaqiang High-Tech Co (SHSE:688151) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.79, compared to a current price of ¥15.14 — trading 27.2% below its estimated fair value. The current Quick Ratio is 14.36, which is 85% above median its 10-year median of 7.78 and 659.8% above the Medical Devices & Instruments industry median of 1.89. Hubei Huaqiang High-Tech Co's overall GF Score™ is 60/100 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 Hubei Huaqiang High-Tech Co (SHSE:688151), the current Quick Ratio is 14.36 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 Hubei Huaqiang High-Tech Co (SHSE:688151) Overvalued in 2026?
Based on GuruFocus' analysis, Hubei Huaqiang High-Tech Co stock appears to be undervalued.
The current stock price of ¥15.14 is trading 27.2% below its estimated GF Value™ of ¥20.79.
GuruFocus considers Hubei Huaqiang High-Tech Co to be Modestly Undervalued.
Key valuation signals for SHSE:688151:
Quick Ratio: 14.36 (85% above median its 10-year median of 7.78)
GF Value™: ¥20.79 vs. price of ¥15.14 (27.2% below fair value)
Industry Position: 659.8% above the Medical Devices & Instruments median (#20 of 855)
No single metric tells the full story. See the SHSE:688151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hubei Huaqiang High-Tech Co Ltd is engaged in the Research, development, production and sales of special protective equipment, pharmaceutical packaging and medical device products.
60GF Score
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