Jenkem Technology Co (SHSE:688356) Quick Ratio: 9.21 (As of Mar. 2026) — 13% Below Median


SHSE:688356 Jenkem Technology Co Ltd SHSE:688356
81 GF Score
Price ¥80.52
GF Value ¥97.01
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Jenkem Technology Co Quick Ratio?

Jenkem Technology Co SHSE:688356 -1.68% 81 Quick Ratio is 9.21 as of Mar. 2026, which is 13% below its 10-year median of 10.56. GuruFocus rates SHSE:688356 with a GF Score™ of 81/100 and a GF Value™ of ¥97.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,604 Chemicals companies, Jenkem Technology Co ranks better than 95.82% 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. Jenkem Technology Co's quick ratio for the quarter that ended in Mar. 2026 was 9.21.

Jenkem Technology Co has a quick ratio of 9.21. It generally indicates good short-term financial strength.

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

SHSE:688356' s Quick Ratio Range Over the Past 10 Years
Min: 2.4   Med: 10.56   Max: 23.15
Current: 9.21

During the past 10 years, Jenkem Technology Co's highest Quick Ratio was 23.15. The lowest was 2.40. And the median was 10.56.

SHSE:688356's Quick Ratio is ranked better than
95.82% of 1604 companies
in the Chemicals industry
Industry Median: 1.38 vs SHSE:688356: 9.21

Jenkem Technology Co  (SHSE:688356) 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.


Jenkem Technology Co Quick Ratio Related Terms


Jenkem Technology Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Jenkem Technology 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.

Jenkem Technology Co Quick Ratio Chart

Jenkem Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.47 10.68 11.71 6.94 7.69

Jenkem Technology 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 7.32 6.59 8.39 7.69 9.21

SHSE:688356 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Jenkem 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.


Jenkem Technology Co Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jenkem Technology Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Jenkem Technology Co's Quick Ratio falls into.


SHSE:688356
81GF Score
Jenkem Technology Co Ltd SHSE:688356
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jenkem 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.

Jenkem Technology 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
=(731.618-77.611)/85.007
=7.69

Jenkem Technology 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
=(702.072-81.057)/67.421
=9.21

* 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 9.21 mean?
Jenkem Technology Co (SHSE:688356) has a Quick Ratio of 9.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jenkem Technology Co and its competitors. This is 13% below median its historical median of 10.56. Over the past decade, Jenkem Technology Co's Quick Ratio has ranged from 2.40 to 23.15. According to the industry distribution chart, Jenkem Technology Co ranks #67 out of 1604 companies in the Chemicals industry, placing it in the top 4.2%.
Is Jenkem Technology Co's Quick Ratio too high?
Jenkem Technology Co's current Quick Ratio of 9.21 is 13% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 23.15. The Chemicals industry median Quick Ratio is 1.38. Jenkem Technology Co's value of 9.21 is 567.4% above this industry median. Based on the distribution chart, Jenkem Technology Co ranks #67 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jenkem Technology Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jenkem Technology Co's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jenkem Technology Co ranks #67 out of 1604 companies for Quick Ratio. This places Jenkem Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Jenkem Technology Co's value of 9.21 is 567.4% above this benchmark. Historically, Jenkem Technology Co's own Quick Ratio has ranged from 2.40 to 23.15 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 1.38, Jenkem 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 1,604 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. Jenkem Technology Co's current Quick Ratio of 9.21 is 567.4% 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 Jenkem 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. Jenkem Technology Co's current Quick Ratio is 9.21, which is 13% below median its own 10-year median of 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jenkem Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jenkem Technology Co (SHSE:688356) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥97.01, compared to a current price of ¥80.52 — trading 17% below its estimated fair value. The current Quick Ratio is 9.21, which is 13% below median its 10-year median of 10.56 and 567.4% above the Chemicals industry median of 1.38. Jenkem Technology Co's overall GF Score™ is 81/100 with 4 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 Jenkem Technology Co (SHSE:688356), the current Quick Ratio is 9.21 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 Jenkem Technology Co (SHSE:688356) Overvalued in 2026?

Based on GuruFocus' analysis, Jenkem Technology Co stock appears to be undervalued. The current stock price of ¥80.52 is trading 17% below its estimated GF Value™ of ¥97.01. GuruFocus considers Jenkem Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:688356:

  • Quick Ratio: 9.21 (13% below median its 10-year median of 10.56)
  • GF Value™: ¥97.01 vs. price of ¥80.52 (17% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 567.4% above the Chemicals median (#67 of 1604)

No single metric tells the full story. See the SHSE:688356 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jenkem Technology Co Business Description

Address No. 66, Xixiaokou Road, Dongsheng area, 306, 308, 310, 311, 3rd Floor, C-1 Building, Dongsheng Science Park, Northern Territory, Zhongguancun, Haidian District, Beijing, CHN, 100192
Jenkem Technology Co Ltd is engaged in research and development, production and sales of medical polyethylene glycol and its active derivatives. The company's products include Branched polyethylene glycol derivatives; Linear polyethylene glycol derivatives; Double substituted polyethylene glycol derivatives with the same functional group; Heterofunctional double substituted polyethylene glycol derivatives; Multi-arm polyethylene glycol derivatives; Multi-arm heterofunctional double substituted polyethylene glycol derivatives; and Monodisperse Polyethylene Glycol Derivatives.
81GF Score

Get the complete analysis for SHSE:688356

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

¥80.52
Price
¥97.01
GF Value