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.
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.
Shenzhen Refond Optoelectronics Co (SZSE:300241) 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.
Shenzhen Refond Optoelectronics Co Quick Ratio Related Terms
Shenzhen Refond Optoelectronics 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.
Shenzhen Refond Optoelectronics Co Quick Ratio Chart
SZSE:300241 vs NVDA, AVGO, MU: Quick Ratio Comparison
For the Semiconductors subindustry, Shenzhen Refond Optoelectronics 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.
Shenzhen Refond Optoelectronics Co Quick Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Shenzhen Refond Optoelectronics Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shenzhen Refond Optoelectronics Co's Quick Ratio falls into.
Shenzhen Refond Optoelectronics 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.
Shenzhen Refond Optoelectronics Co (SZSE:300241) has a Quick Ratio of 0.94 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shenzhen Refond Optoelectronics Co and its competitors. This is 12% below median its historical median of 1.07. Over the past decade, Shenzhen Refond Optoelectronics Co's Quick Ratio has ranged from 0.85 to 1.54. According to the industry distribution chart, Shenzhen Refond Optoelectronics Co ranks #808 out of 1037 companies in the Semiconductors industry, placing it in the top 77.9%.
Is Shenzhen Refond Optoelectronics Co's Quick Ratio too high?
Shenzhen Refond Optoelectronics Co's current Quick Ratio of 0.94 is 12% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.54. The Semiconductors industry median Quick Ratio is 1.79. Shenzhen Refond Optoelectronics Co's value of 0.94 is 47.5% below this industry median. Based on the distribution chart, Shenzhen Refond Optoelectronics Co ranks #808 out of 1037 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Refond Optoelectronics Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Refond Optoelectronics Co's Quick Ratio compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Shenzhen Refond Optoelectronics Co ranks #808 out of 1037 companies for Quick Ratio. This places Shenzhen Refond Optoelectronics Co in the lower half of its industry. The industry median Quick Ratio is 1.79. Shenzhen Refond Optoelectronics Co's value of 0.94 is 47.5% below this benchmark. Historically, Shenzhen Refond Optoelectronics Co's own Quick Ratio has ranged from 0.85 to 1.54 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.79, Shenzhen Refond Optoelectronics Co has consistently been below 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.79, based on 1,037 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. Shenzhen Refond Optoelectronics Co's current Quick Ratio of 0.94 is 47.5% below 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 Shenzhen Refond Optoelectronics Co and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Refond Optoelectronics Co's current Quick Ratio is 0.94, which is 12% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Refond Optoelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Refond Optoelectronics Co (SZSE:300241) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.06, compared to a current price of ¥5.70 — trading 19.3% below its estimated fair value. The current Quick Ratio is 0.94, which is 12% below median its 10-year median of 1.07 and 47.5% below the Semiconductors industry median of 1.79. Shenzhen Refond Optoelectronics Co's overall GF Score™ is 73/100 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 Shenzhen Refond Optoelectronics Co (SZSE:300241), the current Quick Ratio is 0.94 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 Shenzhen Refond Optoelectronics Co (SZSE:300241) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Refond Optoelectronics Co stock appears to be undervalued.
The current stock price of ¥5.70 is trading 19.3% below its estimated GF Value™ of ¥7.06.
GuruFocus considers Shenzhen Refond Optoelectronics Co to be Modestly Undervalued.
Key valuation signals for SZSE:300241:
Quick Ratio: 0.94 (12% below median its 10-year median of 1.07)
GF Value™: ¥7.06 vs. price of ¥5.70 (19.3% below fair value)
Industry Position: 47.5% below the Semiconductors median (#808 of 1037)
No single metric tells the full story. See the SZSE:300241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Refond Optoelectronics Co Ltd is a Chinese company principally engaged in offering lighting solutions. In produces and sells UV modules and components, automotive modules and components, LED special application modules, general and special lighting modules, indoor and outdoor lightings, Chip LEDs, TOP LEDs, Power LEDs, among others. The company's products are sold in China and other countries.
73GF Score
Get the complete analysis for SZSE:300241
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SZSE:300241 has been successfully added to your 
