Jiangsu Longda Superalloy Co has a quick ratio of 1.43. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jiangsu Longda Superalloy Co's Quick Ratio or its related term are showing as below:
SHSE:688231'
s Quick Ratio Range Over the Past 10 Years
Min: 0.66 Med: 1.65 Max: 8.52
Current: 1.43
During the past 8 years, Jiangsu Longda Superalloy Co's highest Quick Ratio was 8.52. The lowest was 0.66. And the median was 1.65.
SHSE:688231's Quick Ratio is ranked worse than 60.61% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.315
vs SHSE:688231: 1.43
Jiangsu Longda Superalloy Co (SHSE:688231) 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.
Jiangsu Longda Superalloy Co Quick Ratio Related Terms
Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co Quick Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jiangsu Longda Superalloy Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Jiangsu Longda Superalloy Co's Quick Ratio falls into.
Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co (SHSE:688231) has a Quick Ratio of 1.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jiangsu Longda Superalloy Co and its competitors. This is 13% below median its historical median of 1.65. Over the past decade, Jiangsu Longda Superalloy Co's Quick Ratio has ranged from 0.66 to 8.52. According to the industry distribution chart, Jiangsu Longda Superalloy Co ranks #1599 out of 2638 companies in the Metals & Mining industry, placing it in the top 60.6%.
Is Jiangsu Longda Superalloy Co's Quick Ratio too high?
Jiangsu Longda Superalloy Co's current Quick Ratio of 1.43 is 13% below median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 8.52. The Metals & Mining industry median Quick Ratio is 2.32. Jiangsu Longda Superalloy Co's value of 1.43 is 38.2% below this industry median. Based on the distribution chart, Jiangsu Longda Superalloy Co ranks #1599 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Jiangsu Longda Superalloy Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Longda Superalloy Co's Quick Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Jiangsu Longda Superalloy Co ranks #1599 out of 2638 companies for Quick Ratio. This places Jiangsu Longda Superalloy Co in the lower half of its industry. The industry median Quick Ratio is 2.32. Jiangsu Longda Superalloy Co's value of 1.43 is 38.2% below this benchmark. Historically, Jiangsu Longda Superalloy Co's own Quick Ratio has ranged from 0.66 to 8.52 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 2.32, Jiangsu Longda Superalloy Co has consistently been below 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,638 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. Jiangsu Longda Superalloy Co's current Quick Ratio of 1.43 is 38.2% below 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 Jiangsu Longda Superalloy Co and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Longda Superalloy Co's current Quick Ratio is 1.43, which is 13% below median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Longda Superalloy Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co (SHSE:688231) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.02, compared to a current price of ¥40.70 — trading 84.8% above its estimated fair value. The current Quick Ratio is 1.43, which is 13% below median its 10-year median of 1.65 and 38.2% below the Metals & Mining industry median of 2.32. Jiangsu Longda Superalloy Co's overall GF Score™ is 73/100 with 11 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 Jiangsu Longda Superalloy Co (SHSE:688231), the current Quick Ratio is 1.43 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 Jiangsu Longda Superalloy Co (SHSE:688231) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co stock appears to be overvalued.
The current stock price of ¥40.70 is trading 84.8% above its estimated GF Value™ of ¥22.02.
GuruFocus considers Jiangsu Longda Superalloy Co to be Significantly Overvalued.
Key valuation signals for SHSE:688231:
Quick Ratio: 1.43 (13% below median its 10-year median of 1.65)
GF Value™: ¥22.02 vs. price of ¥40.70 (84.8% above fair value)
Industry Position: 38.2% below the Metals & Mining median (#1599 of 2638)
No single metric tells the full story. See the SHSE:688231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Longda Superalloy Co Ltd engages in the research and development, production, and sales of alloy materials. Its high-temperature alloy segment includes casting and deformation alloys widely used in aerospace, energy, oil and gas, petrochemicals, shipbuilding, and automotive sectors. The company focuses on the "two-machine field," referring to aircraft engines and gas turbine equipment, serving both civil and military applications. It also offers alloy pipe products such as copper-nickel alloy tubes, high-speed rail ground wire alloy tubes, high-efficiency tubes, brass tubes, and copper tubes used in ships, power, rail transport, and petrochemical industries.
73GF Score
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