China Micro Semicon (Shenzhen) (SHSE:688380) Quick Ratio: 11.14 (As of Mar. 2026) — Near 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:688380 China Micro Semicon (Shenzhen) Ltd SHSE:688380
80 GF Score
Price ¥39.51
GF Value ¥42.99
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is China Micro Semicon (Shenzhen) Quick Ratio?

China Micro Semicon (Shenzhen) SHSE:688380 -13.16% 80 Quick Ratio is 11.14 as of Mar. 2026, which is 7% above its 10-year median of 10.37. GuruFocus rates SHSE:688380 with a GF Score™ of 80/100 and a GF Value™ of ¥42.99 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,028 Semiconductors companies, China Micro Semicon (Shenzhen) ranks better than 95.23% 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. China Micro Semicon (Shenzhen)'s quick ratio for the quarter that ended in Mar. 2026 was 11.14.

China Micro Semicon (Shenzhen) has a quick ratio of 11.14. It generally indicates good short-term financial strength.

The historical rank and industry rank for China Micro Semicon (Shenzhen)'s Quick Ratio or its related term are showing as below:

SHSE:688380' s Quick Ratio Range Over the Past 10 Years
Min: 1.28   Med: 10.37   Max: 21.6
Current: 11.14

During the past 8 years, China Micro Semicon (Shenzhen)'s highest Quick Ratio was 21.60. The lowest was 1.28. And the median was 10.37.

SHSE:688380's Quick Ratio is ranked better than
95.23% of 1028 companies
in the Semiconductors industry
Industry Median: 1.845 vs SHSE:688380: 11.14

China Micro Semicon (Shenzhen)  (SHSE:688380) 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.


China Micro Semicon (Shenzhen) Quick Ratio Related Terms


China Micro Semicon (Shenzhen) Quick Ratio Historical Data

* Premium members only.

The historical data trend for China Micro Semicon (Shenzhen)'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.

China Micro Semicon (Shenzhen) Quick Ratio Chart

China Micro Semicon (Shenzhen) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 6.15 16.93 15.89 9.24 6.39

China Micro Semicon (Shenzhen) 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 11.28 9.60 6.48 6.39 11.14

SHSE:688380 vs NVDA, AVGO, MU: Quick Ratio Comparison

For the Semiconductors subindustry, China Micro Semicon (Shenzhen)'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.


China Micro Semicon (Shenzhen) Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, China Micro Semicon (Shenzhen)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where China Micro Semicon (Shenzhen)'s Quick Ratio falls into.


SHSE:688380
80GF Score
China Micro Semicon (Shenzhen) Ltd SHSE:688380
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Micro Semicon (Shenzhen) 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.

China Micro Semicon (Shenzhen)'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
=(3377.37-342.355)/475.156
=6.39

China Micro Semicon (Shenzhen)'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
=(3195.647-327.626)/257.552
=11.14

* 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 11.14 mean?
China Micro Semicon (Shenzhen) (SHSE:688380) has a Quick Ratio of 11.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Micro Semicon (Shenzhen) and its competitors. This is near median its historical median of 10.37. Over the past decade, China Micro Semicon (Shenzhen)'s Quick Ratio has ranged from 1.28 to 21.60. According to the industry distribution chart, China Micro Semicon (Shenzhen) ranks #49 out of 1028 companies in the Semiconductors industry, placing it in the top 4.8%.
Is China Micro Semicon (Shenzhen)'s Quick Ratio too high?
China Micro Semicon (Shenzhen)'s current Quick Ratio of 11.14 is near median its 10-year median of 10.37. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 21.60. The Semiconductors industry median Quick Ratio is 1.85. China Micro Semicon (Shenzhen)'s value of 11.14 is 503.8% above this industry median. Based on the distribution chart, China Micro Semicon (Shenzhen) ranks #49 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, China Micro Semicon (Shenzhen) has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Micro Semicon (Shenzhen)'s Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, China Micro Semicon (Shenzhen) ranks #49 out of 1028 companies for Quick Ratio. This places China Micro Semicon (Shenzhen) in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.85. China Micro Semicon (Shenzhen)'s value of 11.14 is 503.8% above this benchmark. Historically, China Micro Semicon (Shenzhen)'s own Quick Ratio has ranged from 1.28 to 21.60 over the past decade. While the company's 10-year median is 10.37 vs. the industry median of 1.85, China Micro Semicon (Shenzhen) 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 1.85, based on 1,028 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. China Micro Semicon (Shenzhen)'s current Quick Ratio of 11.14 is 503.8% 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 China Micro Semicon (Shenzhen) and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Micro Semicon (Shenzhen)'s current Quick Ratio is 11.14, which is near median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Micro Semicon (Shenzhen) stock overvalued right now?
Based on GuruFocus' analysis, China Micro Semicon (Shenzhen) (SHSE:688380) is currently considered Fairly Valued. The stock's GF Value™ is ¥42.99, compared to a current price of ¥39.51 — trading 8.1% below its estimated fair value. The current Quick Ratio is 11.14, which is near median its 10-year median of 10.37 and 503.8% above the Semiconductors industry median of 1.85. China Micro Semicon (Shenzhen)'s overall GF Score™ is 80/100 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 China Micro Semicon (Shenzhen) (SHSE:688380), the current Quick Ratio is 11.14 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 China Micro Semicon (Shenzhen) (SHSE:688380) Overvalued in 2026?

Based on GuruFocus' analysis, China Micro Semicon (Shenzhen) stock appears to be undervalued. The current stock price of ¥39.51 is trading 8.1% below its estimated GF Value™ of ¥42.99. GuruFocus considers China Micro Semicon (Shenzhen) to be Fairly Valued.

Key valuation signals for SHSE:688380:

  • Quick Ratio: 11.14 (near median its 10-year median of 10.37)
  • GF Value™: ¥42.99 vs. price of ¥39.51 (8.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 503.8% above the Semiconductors median (#49 of 1028)

No single metric tells the full story. See the SHSE:688380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Micro Semicon (Shenzhen) Business Description

Address Guiwan 3rd Road, Nanshan Street, Room 2101, Jingxing Maritime Building, No. 91, Qianhai Shenzhen-Hong Kong Cooperation Zone, Guangdong, Shenzhen, CHN, 518000
China Micro Semicon (Shenzhen) Ltd is engaged in the research and development, design, and sales of digital-analog mixed-signal chips and analog chips.
80GF Score

Get the complete analysis for SHSE:688380

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

¥39.51
Price
¥42.99
GF Value