Chongqing Genrix Biopharmaceutical Co (SHSE:688443) Quick Ratio: 4.57 (As of Mar. 2026) — 30% Below Median

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SHSE:688443 Chongqing Genrix Biopharmaceutical Co Ltd SHSE:688443
48 GF Score
Price ¥25.03
! 4 Warning Signs
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What is Chongqing Genrix Biopharmaceutical Co Quick Ratio?

Chongqing Genrix Biopharmaceutical Co SHSE:688443 +0.81% 48 Quick Ratio is 4.57 as of Mar. 2026, which is 30% below its 10-year median of 6.57. GuruFocus rates SHSE:688443 with a GF Score™ of 48/100. The stock has 4 warning signs investors should review. Among 1,411 Biotechnology companies, Chongqing Genrix Biopharmaceutical Co ranks better than 56.7% 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. Chongqing Genrix Biopharmaceutical Co's quick ratio for the quarter that ended in Mar. 2026 was 4.57.

Chongqing Genrix Biopharmaceutical Co has a quick ratio of 4.57. It generally indicates good short-term financial strength.

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

SHSE:688443' s Quick Ratio Range Over the Past 10 Years
Min: 0.14   Med: 6.57   Max: 28.02
Current: 4.57

During the past 7 years, Chongqing Genrix Biopharmaceutical Co's highest Quick Ratio was 28.02. The lowest was 0.14. And the median was 6.57.

SHSE:688443's Quick Ratio is ranked better than
56.7% of 1411 companies
in the Biotechnology industry
Industry Median: 3.59 vs SHSE:688443: 4.57

Chongqing Genrix Biopharmaceutical Co  (SHSE:688443) 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.


Chongqing Genrix Biopharmaceutical Co Quick Ratio Related Terms


Chongqing Genrix Biopharmaceutical Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Chongqing Genrix Biopharmaceutical 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.

Chongqing Genrix Biopharmaceutical Co Quick Ratio Chart

Chongqing Genrix Biopharmaceutical Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial 5.76 2.71 21.75 14.76 4.97

Chongqing Genrix Biopharmaceutical Co Quarterly Data
Dec20 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 14.53 5.70 7.37 4.97 4.57

SHSE:688443 vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Chongqing Genrix Biopharmaceutical 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.


Chongqing Genrix Biopharmaceutical Co Quick Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Chongqing Genrix Biopharmaceutical Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Chongqing Genrix Biopharmaceutical Co's Quick Ratio falls into.


SHSE:688443
48GF Score
Chongqing Genrix Biopharmaceutical Co Ltd SHSE:688443
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Genrix Biopharmaceutical 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.

Chongqing Genrix Biopharmaceutical 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
=(2443.305-96.118)/472.719
=4.97

Chongqing Genrix Biopharmaceutical 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
=(2411.817-105.74)/504.249
=4.57

* 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 4.57 mean?
Chongqing Genrix Biopharmaceutical Co (SHSE:688443) has a Quick Ratio of 4.57 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chongqing Genrix Biopharmaceutical Co and its competitors. This is 30% below median its historical median of 6.57. Over the past decade, Chongqing Genrix Biopharmaceutical Co's Quick Ratio has ranged from 0.14 to 28.02. According to the industry distribution chart, Chongqing Genrix Biopharmaceutical Co ranks #611 out of 1411 companies in the Biotechnology industry, placing it in the top 43.3%.
Is Chongqing Genrix Biopharmaceutical Co's Quick Ratio too high?
Chongqing Genrix Biopharmaceutical Co's current Quick Ratio of 4.57 is 30% below median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 28.02. The Biotechnology industry median Quick Ratio is 3.59. Chongqing Genrix Biopharmaceutical Co's value of 4.57 is 27.3% above this industry median. Based on the distribution chart, Chongqing Genrix Biopharmaceutical Co ranks #611 out of 1411 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Chongqing Genrix Biopharmaceutical Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Chongqing Genrix Biopharmaceutical Co's Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Chongqing Genrix Biopharmaceutical Co ranks #611 out of 1411 companies for Quick Ratio. This puts Chongqing Genrix Biopharmaceutical Co in the upper half of its industry. The industry median Quick Ratio is 3.59. Chongqing Genrix Biopharmaceutical Co's value of 4.57 is 27.3% above this benchmark. Historically, Chongqing Genrix Biopharmaceutical Co's own Quick Ratio has ranged from 0.14 to 28.02 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 3.59, Chongqing Genrix Biopharmaceutical 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 Biotechnology company?
The median Quick Ratio among Biotechnology companies is 3.59, based on 1,411 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. Chongqing Genrix Biopharmaceutical Co's current Quick Ratio of 4.57 is 27.3% 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 Chongqing Genrix Biopharmaceutical Co and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Genrix Biopharmaceutical Co's current Quick Ratio is 4.57, which is 30% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Genrix Biopharmaceutical Co stock overvalued right now?
Chongqing Genrix Biopharmaceutical Co (SHSE:688443) has a current Quick Ratio of 4.57. The current Quick Ratio is 4.57, which is 30% below median its 10-year median of 6.57 and 27.3% above the Biotechnology industry median of 3.59. Chongqing Genrix Biopharmaceutical Co's overall GF Score™ is 48/100 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 Chongqing Genrix Biopharmaceutical Co (SHSE:688443), the current Quick Ratio is 4.57 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.

Chongqing Genrix Biopharmaceutical Co Business Description

Address No. 699, Maliu Avenue, Area A, Building 2, International Bio City, Banan District, Chongqing, CHN, 401338
Chongqing Genrix Biopharmaceutical Co Ltd is a biopharmaceutical company engaged in the research & development, production and sales of antibody drugs. The company's pipeline includes product candidate that targets Autoimmune Diseases, Infectious Diseases, and Oncology.
48GF Score

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