Allgens Medical Technology Co (SHSE:688613) Quick Ratio: 49.56 (As of Mar. 2026) — 152% Above 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:688613 Allgens Medical Technology Co Ltd SHSE:688613
61 GF Score
Price ¥14.17
GF Value ¥23.09
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Allgens Medical Technology Co Quick Ratio?

Allgens Medical Technology Co SHSE:688613 +2.53% 61 Quick Ratio is 49.56 as of Mar. 2026, which is 152% above its 10-year median of 19.67. GuruFocus rates SHSE:688613 with a GF Score™ of 61/100 and a GF Value™ of ¥23.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 852 Medical Devices & Instruments companies, Allgens Medical Technology Co ranks better than 99.41% 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. Allgens Medical Technology Co's quick ratio for the quarter that ended in Mar. 2026 was 49.56.

Allgens Medical Technology Co has a quick ratio of 49.56. It generally indicates good short-term financial strength.

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

SHSE:688613' s Quick Ratio Range Over the Past 10 Years
Min: 5.6   Med: 19.67   Max: 49.56
Current: 49.56

During the past 9 years, Allgens Medical Technology Co's highest Quick Ratio was 49.56. The lowest was 5.60. And the median was 19.67.

SHSE:688613's Quick Ratio is ranked better than
99.41% of 852 companies
in the Medical Devices & Instruments industry
Industry Median: 1.89 vs SHSE:688613: 49.56

Allgens Medical Technology Co  (SHSE:688613) 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.


Allgens Medical Technology Co Quick Ratio Related Terms


Allgens Medical Technology Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Allgens Medical 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.

Allgens Medical Technology Co Quick Ratio Chart

Allgens Medical Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 19.97 23.20 23.00 21.85 13.99

Allgens Medical 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 16.99 13.20 16.62 13.99 49.56

SHSE:688613 vs ABT, SYK, MDT: Quick Ratio Comparison

For the Medical Devices subindustry, Allgens Medical 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.


Allgens Medical Technology Co Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Allgens Medical Technology Co's Quick Ratio distribution charts can be found below:

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


SHSE:688613
61GF Score
Allgens Medical Technology Co Ltd SHSE:688613
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allgens Medical 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.

Allgens Medical 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
=(1223.538-76.942)/81.98
=13.99

Allgens Medical 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
=(1167.896-79.743)/21.955
=49.56

* 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 49.56 mean?
Allgens Medical Technology Co (SHSE:688613) has a Quick Ratio of 49.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Allgens Medical Technology Co and its competitors. This is 152% above median its historical median of 19.67. Over the past decade, Allgens Medical Technology Co's Quick Ratio has ranged from 5.60 to 49.56. According to the industry distribution chart, Allgens Medical Technology Co ranks #5 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 0.59999999999999%.
Is Allgens Medical Technology Co's Quick Ratio too high?
Allgens Medical Technology Co's current Quick Ratio of 49.56 is 152% above median its 10-year median of 19.67. Over the past 10 years, this metric has ranged from a low of 5.60 to a high of 49.56. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Allgens Medical Technology Co's value of 49.56 is 2522.2% above this industry median. Based on the distribution chart, Allgens Medical Technology Co ranks #5 out of 852 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Allgens Medical Technology Co has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Allgens Medical Technology Co's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Allgens Medical Technology Co ranks #5 out of 852 companies for Quick Ratio. This places Allgens Medical Technology Co in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.89. Allgens Medical Technology Co's value of 49.56 is 2522.2% above this benchmark. Historically, Allgens Medical Technology Co's own Quick Ratio has ranged from 5.60 to 49.56 over the past decade. While the company's 10-year median is 19.67 vs. the industry median of 1.89, Allgens Medical 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 Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.89, based on 852 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. Allgens Medical Technology Co's current Quick Ratio of 49.56 is 2522.2% 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 Allgens Medical Technology Co and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allgens Medical Technology Co's current Quick Ratio is 49.56, which is 152% above median its own 10-year median of 19.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allgens Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Allgens Medical Technology Co (SHSE:688613) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥23.09, compared to a current price of ¥14.17 — trading 38.6% below its estimated fair value. The current Quick Ratio is 49.56, which is 152% above median its 10-year median of 19.67 and 2522.2% above the Medical Devices & Instruments industry median of 1.89. Allgens Medical Technology Co's overall GF Score™ is 61/100 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 Allgens Medical Technology Co (SHSE:688613), the current Quick Ratio is 49.56 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 Allgens Medical Technology Co (SHSE:688613) Overvalued in 2026?

Based on GuruFocus' analysis, Allgens Medical Technology Co stock appears to be undervalued. The current stock price of ¥14.17 is trading 38.6% below its estimated GF Value™ of ¥23.09. GuruFocus considers Allgens Medical Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:688613:

  • Quick Ratio: 49.56 (152% above median its 10-year median of 19.67)
  • GF Value™: ¥23.09 vs. price of ¥14.17 (38.6% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 2522.2% above the Medical Devices & Instruments median (#5 of 852)

No single metric tells the full story. See the SHSE:688613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allgens Medical Technology Co Business Description

Address No. 5, Kaixing Road, A305, 3rd Floor, Haidian District, Beijing, CHN, 102609
Allgens Medical Technology Co Ltd is engaged in the research and development, production and sales of high-end biomedical materials and related medical device products.
61GF Score

Get the complete analysis for SHSE:688613

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

¥14.17
Price
¥23.09
GF Value