ASR Microelectronics Co (SHSE:688220) Quick Ratio: 2.58 (As of Mar. 2026) — 53% Below Median

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SHSE:688220 ASR Microelectronics Co Ltd SHSE:688220
80 GF Score
Price ¥110.12
GF Value ¥111.82
Valuation Fairly Valued
! 5 Warning Signs
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What is ASR Microelectronics Co Quick Ratio?

ASR Microelectronics Co SHSE:688220 -1.48% 80 Quick Ratio is 2.58 as of Mar. 2026, which is 53% below its 10-year median of 5.47. GuruFocus rates SHSE:688220 with a GF Score™ of 80/100 and a GF Value™ of ¥111.82 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,027 Semiconductors companies, ASR Microelectronics Co ranks better than 64.56% 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. ASR Microelectronics Co's quick ratio for the quarter that ended in Mar. 2026 was 2.58.

ASR Microelectronics Co has a quick ratio of 2.58. It generally indicates good short-term financial strength.

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

SHSE:688220' s Quick Ratio Range Over the Past 10 Years
Min: 0.85   Med: 5.47   Max: 10.21
Current: 2.58

During the past 9 years, ASR Microelectronics Co's highest Quick Ratio was 10.21. The lowest was 0.85. And the median was 5.47.

SHSE:688220's Quick Ratio is ranked better than
64.56% of 1027 companies
in the Semiconductors industry
Industry Median: 1.82 vs SHSE:688220: 2.58

ASR Microelectronics Co  (SHSE:688220) 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.


ASR Microelectronics Co Quick Ratio Related Terms


ASR Microelectronics Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics 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.

ASR Microelectronics Co Quick Ratio Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 0.85 9.58 6.17 5.60 3.06

ASR Microelectronics 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 5.47 4.39 3.40 3.06 2.58

SHSE:688220 vs NVDA, AVGO, MU: Quick Ratio Comparison

For the Semiconductors subindustry, ASR Microelectronics 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.


ASR Microelectronics Co Quick Ratio vs Semiconductors Industry

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

* The bar in red indicates where ASR Microelectronics Co's Quick Ratio falls into.


SHSE:688220
80GF Score
ASR Microelectronics Co Ltd SHSE:688220
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ASR Microelectronics 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.

ASR Microelectronics 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
=(5843.56-1703.714)/1351.995
=3.06

ASR Microelectronics 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
=(6009.188-1903.497)/1588.411
=2.58

* 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 2.58 mean?
ASR Microelectronics Co (SHSE:688220) has a Quick Ratio of 2.58 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on ASR Microelectronics Co and its competitors. This is 53% below median its historical median of 5.47. Over the past decade, ASR Microelectronics Co's Quick Ratio has ranged from 0.85 to 10.21. According to the industry distribution chart, ASR Microelectronics Co ranks #364 out of 1027 companies in the Semiconductors industry, placing it in the top 35.4%.
Is ASR Microelectronics Co's Quick Ratio too high?
ASR Microelectronics Co's current Quick Ratio of 2.58 is 53% below median its 10-year median of 5.47. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 10.21. The Semiconductors industry median Quick Ratio is 1.82. ASR Microelectronics Co's value of 2.58 is 41.8% above this industry median. Based on the distribution chart, ASR Microelectronics Co ranks #364 out of 1027 companies in the Semiconductors industry, which is above the industry midpoint. Overall, ASR Microelectronics Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ASR Microelectronics Co's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASR Microelectronics Co ranks #364 out of 1027 companies for Quick Ratio. This puts ASR Microelectronics Co in the upper half of its industry. The industry median Quick Ratio is 1.82. ASR Microelectronics Co's value of 2.58 is 41.8% above this benchmark. Historically, ASR Microelectronics Co's own Quick Ratio has ranged from 0.85 to 10.21 over the past decade. While the company's 10-year median is 5.47 vs. the industry median of 1.82, ASR Microelectronics 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 1.82, 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. ASR Microelectronics Co's current Quick Ratio of 2.58 is 41.8% 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 ASR Microelectronics Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Microelectronics Co's current Quick Ratio is 2.58, which is 53% below median its own 10-year median of 5.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASR Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, ASR Microelectronics Co (SHSE:688220) is currently considered Fairly Valued. The stock's GF Value™ is ¥111.82, compared to a current price of ¥110.12 — trading 1.5% below its estimated fair value. The current Quick Ratio is 2.58, which is 53% below median its 10-year median of 5.47 and 41.8% above the Semiconductors industry median of 1.82. ASR Microelectronics Co's overall GF Score™ is 80/100 with 5 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 ASR Microelectronics Co (SHSE:688220), the current Quick Ratio is 2.58 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 ASR Microelectronics Co (SHSE:688220) Overvalued in 2026?

Based on GuruFocus' analysis, ASR Microelectronics Co stock appears to be undervalued. The current stock price of ¥110.12 is trading 1.5% below its estimated GF Value™ of ¥111.82. GuruFocus considers ASR Microelectronics Co to be Fairly Valued.

Key valuation signals for SHSE:688220:

  • Quick Ratio: 2.58 (53% below median its 10-year median of 5.47)
  • GF Value™: ¥111.82 vs. price of ¥110.12 (1.5% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 41.8% above the Semiconductors median (#364 of 1027)

No single metric tells the full story. See the SHSE:688220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASR Microelectronics Co Business Description

Address No.399 Keyuan Road, 8th Floor, Building 10, Pilot Free Trade Zone (Nominal Floor 9th Floor), Shanghai, CHN, 201203
ASR Microelectronics Co Ltd is engaged in the research, development, and technological innovation of wireless communication chips.
80GF Score

Get the complete analysis for SHSE:688220

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

¥110.12
Price
¥111.82
GF Value