Shinkong Textile CoTPE:1419 92 Quick Ratio is 1.06 as of Dec. 2025, which is 23% above its 10-year median of 0.86. GuruFocus rates TPE:1419 with a GF Score™ of 92/100 and a GF Value™ of NT$65.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Shinkong Textile Co ranks worse than 51.98% on this metric.
Shinkong Textile Co (TPE:1419) 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.
Shinkong Textile Co Quick Ratio Related Terms
Shinkong Textile Co Quick Ratio Historical Data
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The historical data trend for Shinkong Textile 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.
Shinkong Textile Co Quick Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Shinkong Textile 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.
Shinkong Textile Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shinkong Textile Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shinkong Textile Co's Quick Ratio falls into.
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.
Shinkong Textile Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Shinkong Textile Co (TPE:1419) has a Quick Ratio of 1.06 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shinkong Textile Co and its competitors. This is 23% above median its historical median of 0.86. Over the past decade, Shinkong Textile Co's Quick Ratio has ranged from 0.50 to 1.06. According to the industry distribution chart, Shinkong Textile Co ranks #552 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52%.
Is Shinkong Textile Co's Quick Ratio too high?
Shinkong Textile Co's current Quick Ratio of 1.06 is 23% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.06. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.12. Shinkong Textile Co's value of 1.06 is 4.9% below this industry median. Based on the distribution chart, Shinkong Textile Co ranks #552 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shinkong Textile Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Textile Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shinkong Textile Co ranks #552 out of 1062 companies for Quick Ratio. This places Shinkong Textile Co in the lower half of its industry. The industry median Quick Ratio is 1.12. Shinkong Textile Co's value of 1.06 is 4.9% below this benchmark. Historically, Shinkong Textile Co's own Quick Ratio has ranged from 0.50 to 1.06 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.12, Shinkong Textile 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.12, based on 1,062 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. Shinkong Textile Co's current Quick Ratio of 1.06 is 4.9% 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 Shinkong Textile Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinkong Textile Co's current Quick Ratio is 1.06, which is 23% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Textile Co stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Textile Co (TPE:1419) is currently considered Fairly Valued. The stock's GF Value™ is NT$65.25, compared to a current price of NT$66.70 — trading 2.2% above its estimated fair value. The current Quick Ratio is 1.06, which is 23% above median its 10-year median of 0.86 and 4.9% below the Manufacturing - Apparel & Accessories industry median of 1.12. Shinkong Textile Co's overall GF Score™ is 92/100 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 Shinkong Textile Co (TPE:1419), the current Quick Ratio is 1.06 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 Shinkong Textile Co (TPE:1419) Overvalued in 2026?
Based on GuruFocus' analysis, Shinkong Textile Co stock appears to be overvalued.
The current stock price of NT$66.70 is trading 2.2% above its estimated GF Value™ of NT$65.25.
GuruFocus considers Shinkong Textile Co to be Fairly Valued.
Key valuation signals for TPE:1419:
Quick Ratio: 1.06 (23% above median its 10-year median of 0.86)
GF Value™: NT$65.25 vs. price of NT$66.70 (2.2% above fair value)
Industry Position: 4.9% below the Manufacturing - Apparel & Accessories median (#552 of 1062)
No single metric tells the full story. See the TPE:1419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shinkong Textile Co Ltd is engaged in the production and sale of a variety of synthetic fibers, fabrics, and finished fabrics; agency for the import and sale of garments, and the leasing and sale of buildings and public housing units constructed by builders commissioned by the company. Its segments include Sales Department (domestic and overseas sale of finished fabrics, market extension and export-related businesses); Retail Department (domestic directly operated stores and channels expansion as well as counter sales and management); and Real Estate Department (land development and real estate leasing). It derives revenue from Sales Department segment.
92GF Score
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