China Petrochemical Development has a quick ratio of 0.29. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for China Petrochemical Development's Quick Ratio or its related term are showing as below:
TPE:1314'
s Quick Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.06 Max: 3.9
Current: 0.29
During the past 13 years, China Petrochemical Development's highest Quick Ratio was 3.90. The lowest was 0.29. And the median was 1.06.
TPE:1314's Quick Ratio is ranked worse than 96.08% of 1609
companies
in the Chemicals industry
Industry Median: 1.38
vs TPE:1314: 0.29
China Petrochemical Development (TPE:1314) 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 Petrochemical Development Quick Ratio Related Terms
China Petrochemical Development 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.
For the Specialty Chemicals subindustry, China Petrochemical Development'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 Petrochemical Development Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, China Petrochemical Development's Quick Ratio distribution charts can be found below:
* The bar in red indicates where China Petrochemical Development's Quick Ratio falls into.
China Petrochemical Development 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 Petrochemical Development (TPE:1314) has a Quick Ratio of 0.29 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Petrochemical Development and its competitors. This is 73% below median its historical median of 1.06. Over the past decade, China Petrochemical Development's Quick Ratio has ranged from 0.29 to 3.90. According to the industry distribution chart, China Petrochemical Development ranks #1546 out of 1609 companies in the Chemicals industry, placing it in the top 96.1%.
Is China Petrochemical Development's Quick Ratio too high?
China Petrochemical Development's current Quick Ratio of 0.29 is 73% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 3.90. The Chemicals industry median Quick Ratio is 1.38. China Petrochemical Development's value of 0.29 is 79% below this industry median. Based on the distribution chart, China Petrochemical Development ranks #1546 out of 1609 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, China Petrochemical Development has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Petrochemical Development's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, China Petrochemical Development ranks #1546 out of 1609 companies for Quick Ratio. This places China Petrochemical Development in the lower half of its industry. The industry median Quick Ratio is 1.38. China Petrochemical Development's value of 0.29 is 79% below this benchmark. Historically, China Petrochemical Development's own Quick Ratio has ranged from 0.29 to 3.90 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.38, China Petrochemical Development 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,609 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 Petrochemical Development's current Quick Ratio of 0.29 is 79% 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 China Petrochemical Development and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Petrochemical Development's current Quick Ratio is 0.29, which is 73% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Petrochemical Development stock overvalued right now?
Based on GuruFocus' analysis, China Petrochemical Development (TPE:1314) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$6.72, compared to a current price of NT$8.38 — trading 24.7% above its estimated fair value. The current Quick Ratio is 0.29, which is 73% below median its 10-year median of 1.06 and 79% below the Chemicals industry median of 1.38. China Petrochemical Development's overall GF Score™ is 60/100 with 4 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 Petrochemical Development (TPE:1314), the current Quick Ratio is 0.29 as of Dec. 2025. 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 Petrochemical Development (TPE:1314) Overvalued in 2026?
Based on GuruFocus' analysis, China Petrochemical Development stock appears to be overvalued.
The current stock price of NT$8.38 is trading 24.7% above its estimated GF Value™ of NT$6.72.
GuruFocus considers China Petrochemical Development to be Modestly Overvalued.
Key valuation signals for TPE:1314:
Quick Ratio: 0.29 (73% below median its 10-year median of 1.06)
GF Value™: NT$6.72 vs. price of NT$8.38 (24.7% above fair value)
Industry Position: 79% below the Chemicals median (#1546 of 1609)
No single metric tells the full story. See the TPE:1314 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Petrochemical Development Business Description
China Petrochemical Development Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two reportable segments based on product type: the Acrylonitrile & Acetic Acid segment and the Caprolactam segment. The caprolactam segment, which generates the majority of the revenue of the two segments, involves the sales of textiles, plastic automotive parts, packaging films, conveyor belts, ropes, and fishing lines. The acrylonitrile sells acrylic fibers, a plastic used for home appliance casings and tools, and water treatment products. The products of nylon pellets include fiber nylon pellets and engineering plastic nylon pellets.
60GF Score
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