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.
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:688387's Quick Ratio is ranked better than 54.04% of 2498
companies
in the Hardware industry
Industry Median: 1.46
vs SHSE:688387: 1.55
CICT Mobile Communication Technology Co (SHSE:688387) 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.
CICT Mobile Communication Technology Co Quick Ratio Related Terms
CICT Mobile Communication 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.
CICT Mobile Communication Technology Co Quick Ratio Chart
CICT Mobile Communication Technology Co Annual Data
SHSE:688387 vs CSCO, CIEN, MSI: Quick Ratio Comparison
For the Communication Equipment subindustry, CICT Mobile Communication 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.
CICT Mobile Communication Technology Co Quick Ratio vs Hardware Industry
CICT Mobile Communication 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.
CICT Mobile Communication Technology Co (SHSE:688387) has a Quick Ratio of 1.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on CICT Mobile Communication Technology Co and its competitors. This is near median its historical median of 1.53. Over the past decade, CICT Mobile Communication Technology Co's Quick Ratio has ranged from 0.75 to 1.72. According to the industry distribution chart, CICT Mobile Communication Technology Co ranks #1148 out of 2498 companies in the Hardware industry, placing it in the top 46%.
Is CICT Mobile Communication Technology Co's Quick Ratio too high?
CICT Mobile Communication Technology Co's current Quick Ratio of 1.55 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.72. The Hardware industry median Quick Ratio is 1.46. CICT Mobile Communication Technology Co's value of 1.55 is 6.2% above this industry median. Based on the distribution chart, CICT Mobile Communication Technology Co ranks #1148 out of 2498 companies in the Hardware industry, which is above the industry midpoint. Overall, CICT Mobile Communication Technology Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CICT Mobile Communication Technology Co's Quick Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, CICT Mobile Communication Technology Co ranks #1148 out of 2498 companies for Quick Ratio. This puts CICT Mobile Communication Technology Co in the upper half of its industry. The industry median Quick Ratio is 1.46. CICT Mobile Communication Technology Co's value of 1.55 is 6.2% above this benchmark. Historically, CICT Mobile Communication Technology Co's own Quick Ratio has ranged from 0.75 to 1.72 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.46, CICT Mobile Communication 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,498 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. CICT Mobile Communication Technology Co's current Quick Ratio of 1.55 is 6.2% 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 CICT Mobile Communication Technology Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CICT Mobile Communication Technology Co's current Quick Ratio is 1.55, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CICT Mobile Communication Technology Co stock overvalued right now?
Based on GuruFocus' analysis, CICT Mobile Communication Technology Co (SHSE:688387) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.81, compared to a current price of ¥13.32 — trading 129.3% above its estimated fair value. The current Quick Ratio is 1.55, which is near median its 10-year median of 1.53 and 6.2% above the Hardware industry median of 1.46. CICT Mobile Communication Technology Co's overall GF Score™ is 59/100 with 1 warning sign 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 CICT Mobile Communication Technology Co (SHSE:688387), the current Quick Ratio is 1.55 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 CICT Mobile Communication Technology Co (SHSE:688387) Overvalued in 2026?
Based on GuruFocus' analysis, CICT Mobile Communication Technology Co stock appears to be overvalued.
The current stock price of ¥13.32 is trading 129.3% above its estimated GF Value™ of ¥5.81.
GuruFocus considers CICT Mobile Communication Technology Co to be Significantly Overvalued.
Key valuation signals for SHSE:688387:
Quick Ratio: 1.55 (near median its 10-year median of 1.53)
GF Value™: ¥5.81 vs. price of ¥13.32 (129.3% above fair value)
Industry Position: 6.2% above the Hardware median (#1148 of 2498)
No single metric tells the full story. See the SHSE:688387 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CICT Mobile Communication Technology Co Business Description
CICT Mobile Communication Technology Co Ltd is engaged in the development, application and services of mobile communication technologies. The company's products include Antenna, RAN, CPE. Its services include Wireless Network Service, Digitization & Intelligent Service, Network Construction, Network Optimization, Digital Talent Empowerment, and Network O&M.
59GF Score
Get the complete analysis for SHSE:688387
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:688387 has been successfully added to your 
