Ningbo Solartron Technology Co has a quick ratio of 1.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ningbo Solartron Technology Co's Quick Ratio or its related term are showing as below:
SHSE:688299'
s Quick Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.88 Max: 3.62
Current: 1.44
During the past 12 years, Ningbo Solartron Technology Co's highest Quick Ratio was 3.62. The lowest was 0.47. And the median was 1.88.
SHSE:688299's Quick Ratio is ranked better than 52.7% of 1609
companies
in the Chemicals industry
Industry Median: 1.38
vs SHSE:688299: 1.44
Ningbo Solartron Technology Co (SHSE:688299) 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.
Ningbo Solartron Technology Co Quick Ratio Related Terms
Ningbo Solartron Technology 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:688299 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Ningbo Solartron Technology 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.
Ningbo Solartron Technology Co Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningbo Solartron Technology Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ningbo Solartron Technology Co's Quick Ratio falls into.
Ningbo Solartron Technology 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.
Ningbo Solartron Technology Co (SHSE:688299) has a Quick Ratio of 1.44 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ningbo Solartron Technology Co and its competitors. This is 23% below median its historical median of 1.88. Over the past decade, Ningbo Solartron Technology Co's Quick Ratio has ranged from 0.47 to 3.62. According to the industry distribution chart, Ningbo Solartron Technology Co ranks #761 out of 1609 companies in the Chemicals industry, placing it in the top 47.3%.
Is Ningbo Solartron Technology Co's Quick Ratio too high?
Ningbo Solartron Technology Co's current Quick Ratio of 1.44 is 23% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.62. The Chemicals industry median Quick Ratio is 1.38. Ningbo Solartron Technology Co's value of 1.44 is 4.3% above this industry median. Based on the distribution chart, Ningbo Solartron Technology Co ranks #761 out of 1609 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ningbo Solartron Technology Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Solartron Technology Co's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Solartron Technology Co ranks #761 out of 1609 companies for Quick Ratio. This puts Ningbo Solartron Technology Co in the upper half of its industry. The industry median Quick Ratio is 1.38. Ningbo Solartron Technology Co's value of 1.44 is 4.3% above this benchmark. Historically, Ningbo Solartron Technology Co's own Quick Ratio has ranged from 0.47 to 3.62 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.38, Ningbo Solartron Technology 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,609 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. Ningbo Solartron Technology Co's current Quick Ratio of 1.44 is 4.3% 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 Ningbo Solartron Technology Co and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Solartron Technology Co's current Quick Ratio is 1.44, which is 23% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Solartron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co (SHSE:688299) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.75, compared to a current price of ¥16.05 — trading 8.8% above its estimated fair value. The current Quick Ratio is 1.44, which is 23% below median its 10-year median of 1.88 and 4.3% above the Chemicals industry median of 1.38. Ningbo Solartron Technology Co's overall GF Score™ is 71/100 with 6 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 Ningbo Solartron Technology Co (SHSE:688299), the current Quick Ratio is 1.44 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 Ningbo Solartron Technology Co (SHSE:688299) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co stock appears to be overvalued.
The current stock price of ¥16.05 is trading 8.8% above its estimated GF Value™ of ¥14.75.
GuruFocus considers Ningbo Solartron Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688299:
Quick Ratio: 1.44 (23% below median its 10-year median of 1.88)
GF Value™: ¥14.75 vs. price of ¥16.05 (8.8% above fair value)
Industry Position: 4.3% above the Chemicals median (#761 of 1609)
No single metric tells the full story. See the SHSE:688299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Solartron Technology Co Business Description
Ningbo Solartron Technology Co Ltd is mainly engaged in the research, development, production and sales of reflective film, backing base film, optical base film and other special functional films. The main products are reflective film, backing base film, optical base film and other high performance functional films. Used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.
71GF Score
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