Rigol Technologies Co (SHSE:688337) Quick Ratio: 5.66 (As of Jun. 2026) — 33% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688337 Rigol Technologies Co Ltd SHSE:688337
84 GF Score
Price ¥42.64
GF Value ¥50.02
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Rigol Technologies Co Quick Ratio?

Rigol Technologies Co SHSE:688337 -2.04% 84 Quick Ratio is 5.66 as of Jun. 2026, which is 33% above its 10-year median of 4.26. GuruFocus rates SHSE:688337 with a GF Score™ of 84/100 and a GF Value™ of ¥50.02 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,502 Hardware companies, Rigol Technologies Co ranks better than 92.45% 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. Rigol Technologies Co's quick ratio for the quarter that ended in Jun. 2026 was 5.66.

Rigol Technologies Co has a quick ratio of 5.66. It generally indicates good short-term financial strength.

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

SHSE:688337' s Quick Ratio Range Over the Past 10 Years
Min: 0.76   Med: 4.26   Max: 12.95
Current: 5.66

During the past 8 years, Rigol Technologies Co's highest Quick Ratio was 12.95. The lowest was 0.76. And the median was 4.26.

SHSE:688337's Quick Ratio is ranked better than
92.45% of 2502 companies
in the Hardware industry
Industry Median: 1.4 vs SHSE:688337: 5.66

Rigol Technologies Co  (SHSE:688337) 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.


Rigol Technologies Co Quick Ratio Related Terms


Rigol Technologies Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Rigol Technologies 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.

Rigol Technologies Co Quick Ratio Chart

Rigol Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 3.30 9.98 6.71 3.83 5.62

Rigol Technologies Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.73 4.26 5.62 6.41 5.66

SHSE:688337 vs COHR, KEYS, GRMN: Quick Ratio Comparison

For the Scientific & Technical Instruments subindustry, Rigol Technologies 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.


Rigol Technologies Co Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Rigol Technologies Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Rigol Technologies Co's Quick Ratio falls into.


SHSE:688337
84GF Score
Rigol Technologies Co Ltd SHSE:688337
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rigol Technologies 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.

Rigol Technologies 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
=(2404.762-326.728)/369.885
=5.62

Rigol Technologies Co's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(2296.794-391.973)/336.733
=5.66

* 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 5.66 mean?
Rigol Technologies Co (SHSE:688337) has a Quick Ratio of 5.66 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rigol Technologies Co and its competitors. This is 33% above median its historical median of 4.26. Over the past decade, Rigol Technologies Co's Quick Ratio has ranged from 0.76 to 12.95. According to the industry distribution chart, Rigol Technologies Co ranks #189 out of 2502 companies in the Hardware industry, placing it in the top 7.6%.
Is Rigol Technologies Co's Quick Ratio too high?
Rigol Technologies Co's current Quick Ratio of 5.66 is 33% above median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 12.95. The Hardware industry median Quick Ratio is 1.40. Rigol Technologies Co's value of 5.66 is 304.3% above this industry median. Based on the distribution chart, Rigol Technologies Co ranks #189 out of 2502 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Rigol Technologies Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rigol Technologies Co's Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Rigol Technologies Co ranks #189 out of 2502 companies for Quick Ratio. This places Rigol Technologies Co in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.40. Rigol Technologies Co's value of 5.66 is 304.3% above this benchmark. Historically, Rigol Technologies Co's own Quick Ratio has ranged from 0.76 to 12.95 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 1.40, Rigol Technologies 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.40, based on 2,502 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. Rigol Technologies Co's current Quick Ratio of 5.66 is 304.3% 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 Rigol Technologies Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rigol Technologies Co's current Quick Ratio is 5.66, which is 33% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rigol Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Rigol Technologies Co (SHSE:688337) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.02, compared to a current price of ¥42.64 — trading 14.8% below its estimated fair value. The current Quick Ratio is 5.66, which is 33% above median its 10-year median of 4.26 and 304.3% above the Hardware industry median of 1.40. Rigol Technologies Co's overall GF Score™ is 84/100 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 Rigol Technologies Co (SHSE:688337), the current Quick Ratio is 5.66 as of Jun. 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 Rigol Technologies Co (SHSE:688337) Overvalued in 2026?

Based on GuruFocus' analysis, Rigol Technologies Co stock appears to be undervalued. The current stock price of ¥42.64 is trading 14.8% below its estimated GF Value™ of ¥50.02. GuruFocus considers Rigol Technologies Co to be Modestly Undervalued.

Key valuation signals for SHSE:688337:

  • Quick Ratio: 5.66 (33% above median its 10-year median of 4.26)
  • GF Value™: ¥50.02 vs. price of ¥42.64 (14.8% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 304.3% above the Hardware median (#189 of 2502)

No single metric tells the full story. See the SHSE:688337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rigol Technologies Co Business Description

Other Exchanges 00537:Hong Kong
Address No. 8 Keling Road, High-tech Zone, Jiangsu Province, Suzhou City, CHN, 215163
Rigol Technologies Co Ltd is engaged in the research and development, production and sales of general electronic measuring instruments.
84GF Score

Get the complete analysis for SHSE:688337

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

¥42.64
Price
¥50.02
GF Value