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Wuxi Chipown Micro-electronics (SHSE:688508) 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.
Wuxi Chipown Micro-electronics Quick Ratio Related Terms
Wuxi Chipown Micro-electronics 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.
SHSE:688508 vs NVDA, AVGO, MU: Quick Ratio Comparison
For the Semiconductors subindustry, Wuxi Chipown Micro-electronics'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.
Wuxi Chipown Micro-electronics Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Wuxi Chipown Micro-electronics's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Wuxi Chipown Micro-electronics's Quick Ratio falls into.
Wuxi Chipown Micro-electronics 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.
Wuxi Chipown Micro-electronics (SHSE:688508) has a Quick Ratio of 4.34 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Wuxi Chipown Micro-electronics and its competitors. This is 24% below median its historical median of 5.70. Over the past decade, Wuxi Chipown Micro-electronics' Quick Ratio has ranged from 2.94 to 16.25. According to the industry distribution chart, Wuxi Chipown Micro-electronics ranks #183 out of 1028 companies in the Semiconductors industry, placing it in the top 17.8%.
Is Wuxi Chipown Micro-electronics' Quick Ratio too high?
Wuxi Chipown Micro-electronics' current Quick Ratio of 4.34 is 24% below median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 16.25. The Semiconductors industry median Quick Ratio is 1.80. Wuxi Chipown Micro-electronics' value of 4.34 is 141.1% above this industry median. Based on the distribution chart, Wuxi Chipown Micro-electronics ranks #183 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Wuxi Chipown Micro-electronics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wuxi Chipown Micro-electronics' Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Wuxi Chipown Micro-electronics ranks #183 out of 1028 companies for Quick Ratio. This places Wuxi Chipown Micro-electronics in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.80. Wuxi Chipown Micro-electronics' value of 4.34 is 141.1% above this benchmark. Historically, Wuxi Chipown Micro-electronics' own Quick Ratio has ranged from 2.94 to 16.25 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 1.80, Wuxi Chipown Micro-electronics 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 1.80, 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. Wuxi Chipown Micro-electronics's current Quick Ratio of 4.34 is 141.1% 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 Wuxi Chipown Micro-electronics and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxi Chipown Micro-electronics's current Quick Ratio is 4.34, which is 24% below median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxi Chipown Micro-electronics stock overvalued right now?
Based on GuruFocus' analysis, Wuxi Chipown Micro-electronics (SHSE:688508) is currently considered Fairly Valued. The stock's GF Value™ is ¥63.94, compared to a current price of ¥67.65 — trading 5.8% above its estimated fair value. The current Quick Ratio is 4.34, which is 24% below median its 10-year median of 5.70 and 141.1% above the Semiconductors industry median of 1.80. Wuxi Chipown Micro-electronics' overall GF Score™ is 90/100 with 6 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 Wuxi Chipown Micro-electronics (SHSE:688508), the current Quick Ratio is 4.34 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 Wuxi Chipown Micro-electronics (SHSE:688508) Overvalued in 2026?
Based on GuruFocus' analysis, Wuxi Chipown Micro-electronics stock appears to be overvalued.
The current stock price of ¥67.65 is trading 5.8% above its estimated GF Value™ of ¥63.94.
GuruFocus considers Wuxi Chipown Micro-electronics to be Fairly Valued.
Key valuation signals for SHSE:688508:
Quick Ratio: 4.34 (24% below median its 10-year median of 5.70)
GF Value™: ¥63.94 vs. price of ¥67.65 (5.8% above fair value)
Industry Position: 141.1% above the Semiconductors median (#183 of 1028)
No single metric tells the full story. See the SHSE:688508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wuxi Chipown Micro-electronics Ltd is engaged in analog and mixed signal IC design. It is focused on developing green power management and driver ICs, supplying customers with high efficiency, low power consumption, and high quality IC products providing one-stop application solutions and on-site technical support services that enable customer's systems with performance, being flexible, reliable and cost-competitive. The company's main products include AC-DC, DC-DC, Motor driver, among others, widely used in PCs and peripheral products, mobile phones, personal digital terminals, home appliances, flat panel displays, and other fields.
90GF Score
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