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Shanghai Kaibao Pharmaceutical Co (SZSE:300039) 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.
Shanghai Kaibao Pharmaceutical Co Quick Ratio Related Terms
Shanghai Kaibao Pharmaceutical 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.
Shanghai Kaibao Pharmaceutical Co Quick Ratio Chart
For the Drug Manufacturers - Specialty & Generic subindustry, Shanghai Kaibao Pharmaceutical 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.
Shanghai Kaibao Pharmaceutical Co Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Shanghai Kaibao Pharmaceutical Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shanghai Kaibao Pharmaceutical Co's Quick Ratio falls into.
Shanghai Kaibao Pharmaceutical 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.
Shanghai Kaibao Pharmaceutical Co (SZSE:300039) has a Quick Ratio of 10.07 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanghai Kaibao Pharmaceutical Co and its competitors. This is 30% above median its historical median of 7.75. Over the past decade, Shanghai Kaibao Pharmaceutical Co's Quick Ratio has ranged from 3.08 to 12.21. According to the industry distribution chart, Shanghai Kaibao Pharmaceutical Co ranks #52 out of 995 companies in the Drug Manufacturers industry, placing it in the top 5.2%.
Is Shanghai Kaibao Pharmaceutical Co's Quick Ratio too high?
Shanghai Kaibao Pharmaceutical Co's current Quick Ratio of 10.07 is 30% above median its 10-year median of 7.75. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 12.21. The Drug Manufacturers industry median Quick Ratio is 1.42. Shanghai Kaibao Pharmaceutical Co's value of 10.07 is 609.2% above this industry median. Based on the distribution chart, Shanghai Kaibao Pharmaceutical Co ranks #52 out of 995 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Kaibao Pharmaceutical Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Kaibao Pharmaceutical Co's Quick Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Shanghai Kaibao Pharmaceutical Co ranks #52 out of 995 companies for Quick Ratio. This places Shanghai Kaibao Pharmaceutical Co in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.42. Shanghai Kaibao Pharmaceutical Co's value of 10.07 is 609.2% above this benchmark. Historically, Shanghai Kaibao Pharmaceutical Co's own Quick Ratio has ranged from 3.08 to 12.21 over the past decade. While the company's 10-year median is 7.75 vs. the industry median of 1.42, Shanghai Kaibao Pharmaceutical 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.42, based on 995 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. Shanghai Kaibao Pharmaceutical Co's current Quick Ratio of 10.07 is 609.2% 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 Shanghai Kaibao Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Kaibao Pharmaceutical Co's current Quick Ratio is 10.07, which is 30% above median its own 10-year median of 7.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Kaibao Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Kaibao Pharmaceutical Co (SZSE:300039) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.65, compared to a current price of ¥6.03 — trading 29.7% above its estimated fair value. The current Quick Ratio is 10.07, which is 30% above median its 10-year median of 7.75 and 609.2% above the Drug Manufacturers industry median of 1.42. Shanghai Kaibao Pharmaceutical Co's overall GF Score™ is 72/100 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 Shanghai Kaibao Pharmaceutical Co (SZSE:300039), the current Quick Ratio is 10.07 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 Shanghai Kaibao Pharmaceutical Co (SZSE:300039) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Kaibao Pharmaceutical Co stock appears to be overvalued.
The current stock price of ¥6.03 is trading 29.7% above its estimated GF Value™ of ¥4.65.
GuruFocus considers Shanghai Kaibao Pharmaceutical Co to be Modestly Overvalued.
Key valuation signals for SZSE:300039:
Quick Ratio: 10.07 (30% above median its 10-year median of 7.75)
GF Value™: ¥4.65 vs. price of ¥6.03 (29.7% above fair value)
Industry Position: 609.2% above the Drug Manufacturers median (#52 of 995)
No single metric tells the full story. See the SZSE:300039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Kaibao Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is engaged in research, development, production, and sales of modern Chinese medicine. The company produces traditional Chinese medicines in the form of solid dosage, oral liquids, and small volume injections. Its main product is Tanreqing injection is mainly used for pneumonia, acute and chronic bronchitis and upper respiratory tract infection.
72GF Score
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