Zhongyeda Electric Co (SZSE:002441) Quick Ratio: 2.04 (As of Jun. 2026) — Near Median

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SZSE:002441 Zhongyeda Electric Co Ltd SZSE:002441
68 GF Score
Price ¥8.26
GF Value ¥8.68
Valuation Fairly Valued
! 7 Warning Signs
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What is Zhongyeda Electric Co Quick Ratio?

Zhongyeda Electric Co SZSE:002441 +0.36% 68 Quick Ratio is 2.04 as of Jun. 2026, which is 2% below its 10-year median of 2.09. GuruFocus rates SZSE:002441 with a GF Score™ of 68/100 and a GF Value™ of ¥8.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 3,086 Industrial Products companies, Zhongyeda Electric Co ranks better than 72.62% 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. Zhongyeda Electric Co's quick ratio for the quarter that ended in Jun. 2026 was 2.04.

Zhongyeda Electric Co has a quick ratio of 2.04. It generally indicates good short-term financial strength.

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

SZSE:002441' s Quick Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.09   Max: 2.87
Current: 2.04

During the past 13 years, Zhongyeda Electric Co's highest Quick Ratio was 2.87. The lowest was 1.59. And the median was 2.09.

SZSE:002441's Quick Ratio is ranked better than
72.62% of 3086 companies
in the Industrial Products industry
Industry Median: 1.36 vs SZSE:002441: 2.04

Zhongyeda Electric Co  (SZSE:002441) 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.


Zhongyeda Electric Co Quick Ratio Related Terms


Zhongyeda Electric Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Zhongyeda Electric 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.

Zhongyeda Electric Co Quick Ratio Chart

Zhongyeda Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.80 2.27 2.28 2.35

Zhongyeda Electric Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.04 2.13 2.35 2.15 2.04

SZSE:002441 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Zhongyeda Electric 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.


Zhongyeda Electric Co Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhongyeda Electric Co's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Zhongyeda Electric Co's Quick Ratio falls into.


SZSE:002441
68GF Score
Zhongyeda Electric Co Ltd SZSE:002441
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongyeda Electric 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.

Zhongyeda Electric 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
=(5545.851-757.813)/2040.721
=2.35

Zhongyeda Electric Co's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(5914.621-1020.334)/2401.394
=2.04

* 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 2.04 mean?
Zhongyeda Electric Co (SZSE:002441) has a Quick Ratio of 2.04 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhongyeda Electric Co and its competitors. This is near median its historical median of 2.09. Over the past decade, Zhongyeda Electric Co's Quick Ratio has ranged from 1.59 to 2.87. According to the industry distribution chart, Zhongyeda Electric Co ranks #845 out of 3086 companies in the Industrial Products industry, placing it in the top 27.4%.
Is Zhongyeda Electric Co's Quick Ratio too high?
Zhongyeda Electric Co's current Quick Ratio of 2.04 is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 2.87. The Industrial Products industry median Quick Ratio is 1.36. Zhongyeda Electric Co's value of 2.04 is 50% above this industry median. Based on the distribution chart, Zhongyeda Electric Co ranks #845 out of 3086 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhongyeda Electric Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongyeda Electric Co's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhongyeda Electric Co ranks #845 out of 3086 companies for Quick Ratio. This puts Zhongyeda Electric Co in the upper half of its industry. The industry median Quick Ratio is 1.36. Zhongyeda Electric Co's value of 2.04 is 50% above this benchmark. Historically, Zhongyeda Electric Co's own Quick Ratio has ranged from 1.59 to 2.87 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.36, Zhongyeda Electric 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.36, based on 3,086 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. Zhongyeda Electric Co's current Quick Ratio of 2.04 is 50% 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 Zhongyeda Electric Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongyeda Electric Co's current Quick Ratio is 2.04, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongyeda Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Zhongyeda Electric Co (SZSE:002441) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.68, compared to a current price of ¥8.26 — trading 4.8% below its estimated fair value. The current Quick Ratio is 2.04, which is near median its 10-year median of 2.09 and 50% above the Industrial Products industry median of 1.36. Zhongyeda Electric Co's overall GF Score™ is 68/100 with 7 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 Zhongyeda Electric Co (SZSE:002441), the current Quick Ratio is 2.04 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 Zhongyeda Electric Co (SZSE:002441) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongyeda Electric Co stock appears to be undervalued. The current stock price of ¥8.26 is trading 4.8% below its estimated GF Value™ of ¥8.68. GuruFocus considers Zhongyeda Electric Co to be Fairly Valued.

Key valuation signals for SZSE:002441:

  • Quick Ratio: 2.04 (near median its 10-year median of 2.09)
  • GF Value™: ¥8.68 vs. price of ¥8.26 (4.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 50% above the Industrial Products median (#845 of 3086)

No single metric tells the full story. See the SZSE:002441 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongyeda Electric Co Business Description

Address No.62, Hengshan Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Zhongyeda Electric Co Ltd is a distributor of industrial electrical products. The company's main business is the distribution of industrial electrical component products of contracted suppliers through its own sales network, as well as the production and sales of system integration products and complete manufacturing products. Its products include low-voltage electrical products, medium voltage electrical products, industrial control products and others.
68GF Score

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

¥8.26
Price
¥8.68
GF Value