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China Zhenhua (Group) Science & Technology Co (SZSE:000733) 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.
China Zhenhua (Group) Science & Technology Co Quick Ratio Related Terms
China Zhenhua (Group) Science & 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.
China Zhenhua (Group) Science & Technology Co Quick Ratio Chart
China Zhenhua (Group) Science & Technology Co Annual Data
SZSE:000733 vs APH, GLW, TEL: Quick Ratio Comparison
For the Electronic Components subindustry, China Zhenhua (Group) Science & 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.
China Zhenhua (Group) Science & Technology Co Quick Ratio vs Hardware Industry
China Zhenhua (Group) Science & 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.
China Zhenhua (Group) Science & Technology Co (SZSE:000733) has a Quick Ratio of 5.24 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Zhenhua (Group) Science & Technology Co and its competitors. This is 118% above median its historical median of 2.40. Over the past decade, China Zhenhua (Group) Science & Technology Co's Quick Ratio has ranged from 1.12 to 5.74. According to the industry distribution chart, China Zhenhua (Group) Science & Technology Co ranks #206 out of 2494 companies in the Hardware industry, placing it in the top 8.3%.
Is China Zhenhua (Group) Science & Technology Co's Quick Ratio too high?
China Zhenhua (Group) Science & Technology Co's current Quick Ratio of 5.24 is 118% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 5.74. The Hardware industry median Quick Ratio is 1.39. China Zhenhua (Group) Science & Technology Co's value of 5.24 is 277% above this industry median. Based on the distribution chart, China Zhenhua (Group) Science & Technology Co ranks #206 out of 2494 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, China Zhenhua (Group) Science & Technology Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Zhenhua (Group) Science & Technology Co's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, China Zhenhua (Group) Science & Technology Co ranks #206 out of 2494 companies for Quick Ratio. This places China Zhenhua (Group) Science & Technology Co in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. China Zhenhua (Group) Science & Technology Co's value of 5.24 is 277% above this benchmark. Historically, China Zhenhua (Group) Science & Technology Co's own Quick Ratio has ranged from 1.12 to 5.74 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 1.39, China Zhenhua (Group) Science & 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 1.39, based on 2,494 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. China Zhenhua (Group) Science & Technology Co's current Quick Ratio of 5.24 is 277% 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 China Zhenhua (Group) Science & Technology Co and its competitors. For the Hardware industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Zhenhua (Group) Science & Technology Co's current Quick Ratio is 5.24, which is 118% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Zhenhua (Group) Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, China Zhenhua (Group) Science & Technology Co (SZSE:000733) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥49.74, compared to a current price of ¥40.55 — trading 18.5% below its estimated fair value. The current Quick Ratio is 5.24, which is 118% above median its 10-year median of 2.40 and 277% above the Hardware industry median of 1.39. China Zhenhua (Group) Science & Technology Co's overall GF Score™ is 78/100 with 5 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 China Zhenhua (Group) Science & Technology Co (SZSE:000733), the current Quick Ratio is 5.24 as of Jun. 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 China Zhenhua (Group) Science & Technology Co (SZSE:000733) Overvalued in 2026?
Based on GuruFocus' analysis, China Zhenhua (Group) Science & Technology Co stock appears to be undervalued.
The current stock price of ¥40.55 is trading 18.5% below its estimated GF Value™ of ¥49.74.
GuruFocus considers China Zhenhua (Group) Science & Technology Co to be Modestly Undervalued.
Key valuation signals for SZSE:000733:
Quick Ratio: 5.24 (118% above median its 10-year median of 2.40)
GF Value™: ¥49.74 vs. price of ¥40.55 (18.5% below fair value)
Industry Position: 277% above the Hardware median (#206 of 2494)
No single metric tells the full story. See the SZSE:000733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Zhenhua (Group) Science & Technology Co Ltd operates in the electronic components business. Its main business involves basic components, hybrid integrated circuits, electronic functional materials and other categories. Its main products include resistors, capacitors, inductors, fuses, piezoelectric ceramic components, LTCC filters, duplexers, dielectric resonators, power dividers, motor drivers, power managers, diodes, transistors, IGBT devices, SIC devices, transformers, vacuum interrupters, relays, contactors, switches, circuit breakers, connectors, lithium-ion batteries, LTCC dielectric materials, MLCC dielectric materials, ceramic ferrite materials, piezoelectric ceramic materials, electronic pastes, etc.
78GF Score
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