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What is Jiangsu Hanbon Science and Technology Co Quick Ratio?
Jiangsu Hanbon Science and Technology CoSHSE:688755 +1.89%14 Quick Ratio is 1.89 as of Mar. 2026, which is 51% above its 10-year median of 1.25. GuruFocus rates SHSE:688755 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 852 Medical Devices & Instruments companies, Jiangsu Hanbon Science and Technology Co ranks better than 50.23% on this metric.
SHSE:688755's Quick Ratio is ranked better than 50.23% of 852
companies
in the Medical Devices & Instruments industry
Industry Median: 1.89
vs SHSE:688755: 1.89
Jiangsu Hanbon Science and Technology Co (SHSE:688755) 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.
Jiangsu Hanbon Science and Technology Co Quick Ratio Related Terms
Jiangsu Hanbon Science and 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.
Jiangsu Hanbon Science and Technology Co Quick Ratio Chart
Jiangsu Hanbon Science and Technology Co Annual Data
SHSE:688755 vs ABT, SYK, MDT: Quick Ratio Comparison
For the Medical Devices subindustry, Jiangsu Hanbon Science and 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.
Jiangsu Hanbon Science and Technology Co Quick Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Jiangsu Hanbon Science and Technology Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Jiangsu Hanbon Science and Technology Co's Quick Ratio falls into.
Jiangsu Hanbon Science and 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.
Jiangsu Hanbon Science and Technology Co (SHSE:688755) has a Quick Ratio of 1.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jiangsu Hanbon Science and Technology Co and its competitors. This is 51% above median its historical median of 1.25. Over the past decade, Jiangsu Hanbon Science and Technology Co's Quick Ratio has ranged from 0.51 to 2.05. According to the industry distribution chart, Jiangsu Hanbon Science and Technology Co ranks #424 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 49.8%.
Is Jiangsu Hanbon Science and Technology Co's Quick Ratio too high?
Jiangsu Hanbon Science and Technology Co's current Quick Ratio of 1.89 is 51% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.05. The Medical Devices & Instruments industry median Quick Ratio is 1.89. Jiangsu Hanbon Science and Technology Co's value of 1.89 is 0% at this industry median. Based on the distribution chart, Jiangsu Hanbon Science and Technology Co ranks #424 out of 852 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Jiangsu Hanbon Science and Technology Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Hanbon Science and Technology Co's Quick Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Jiangsu Hanbon Science and Technology Co ranks #424 out of 852 companies for Quick Ratio. This puts Jiangsu Hanbon Science and Technology Co in the upper half of its industry. The industry median Quick Ratio is 1.89. Jiangsu Hanbon Science and Technology Co's value of 1.89 is 0% at this benchmark. Historically, Jiangsu Hanbon Science and Technology Co's own Quick Ratio has ranged from 0.51 to 2.05 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.89, Jiangsu Hanbon Science and Technology Co has consistently been at 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. Jiangsu Hanbon Science and Technology Co's current Quick Ratio of 1.89 is 0% at 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 Jiangsu Hanbon Science and 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. Jiangsu Hanbon Science and Technology Co's current Quick Ratio is 1.89, which is 51% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Hanbon Science and Technology Co stock overvalued right now?
Jiangsu Hanbon Science and Technology Co (SHSE:688755) has a current Quick Ratio of 1.89. The current Quick Ratio is 1.89, which is 51% above median its 10-year median of 1.25 and 0% at the Medical Devices & Instruments industry median of 1.89. Jiangsu Hanbon Science and Technology Co's overall GF Score™ is 14/100 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 Jiangsu Hanbon Science and Technology Co (SHSE:688755), the current Quick Ratio is 1.89 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.
Jiangsu Hanbon Science and Technology Co Business Description
Jiangsu Hanbon Science and Technology Co Ltd is engaged in Research and development, production and sales of chromatography technology. Its chromatography products as its core, mainly providing professional separation and purification equipment, consumables and technical services for the downstream of the biopharmaceutical field.
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