Hua Eng Wire & Cable CoTPE:1608 +0.46%79 Quick Ratio is 0.79 as of Dec. 2025, which is 1% below its 10-year median of 0.80. GuruFocus rates TPE:1608 with a GF Score™ of 79/100 and a GF Value™ of NT$26.52 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 3,071 Industrial Products companies, Hua Eng Wire & Cable Co ranks worse than 81.99% on this metric.
Hua Eng Wire & Cable Co has a quick ratio of 0.79. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Hua Eng Wire & Cable Co's Quick Ratio or its related term are showing as below:
TPE:1608'
s Quick Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.8 Max: 0.92
Current: 0.79
During the past 13 years, Hua Eng Wire & Cable Co's highest Quick Ratio was 0.92. The lowest was 0.64. And the median was 0.80.
TPE:1608's Quick Ratio is ranked worse than 81.99% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs TPE:1608: 0.79
Hua Eng Wire & Cable Co (TPE:1608) 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.
Hua Eng Wire & Cable Co Quick Ratio Related Terms
Hua Eng Wire & Cable 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.
For the Electrical Equipment & Parts subindustry, Hua Eng Wire & Cable 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.
Hua Eng Wire & Cable Co Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hua Eng Wire & Cable Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hua Eng Wire & Cable 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.
Hua Eng Wire & Cable 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.
Hua Eng Wire & Cable Co (TPE:1608) has a Quick Ratio of 0.79 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hua Eng Wire & Cable Co and its competitors. This is near median its historical median of 0.80. Over the past decade, Hua Eng Wire & Cable Co's Quick Ratio has ranged from 0.64 to 0.92. According to the industry distribution chart, Hua Eng Wire & Cable Co ranks #2518 out of 3071 companies in the Industrial Products industry, placing it in the top 82%.
Is Hua Eng Wire & Cable Co's Quick Ratio too high?
Hua Eng Wire & Cable Co's current Quick Ratio of 0.79 is near median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.92. The Industrial Products industry median Quick Ratio is 1.39. Hua Eng Wire & Cable Co's value of 0.79 is 43.2% below this industry median. Based on the distribution chart, Hua Eng Wire & Cable Co ranks #2518 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hua Eng Wire & Cable Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hua Eng Wire & Cable Co's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hua Eng Wire & Cable Co ranks #2518 out of 3071 companies for Quick Ratio. This places Hua Eng Wire & Cable Co in the lower half of its industry. The industry median Quick Ratio is 1.39. Hua Eng Wire & Cable Co's value of 0.79 is 43.2% below this benchmark. Historically, Hua Eng Wire & Cable Co's own Quick Ratio has ranged from 0.64 to 0.92 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.39, Hua Eng Wire & Cable 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Hua Eng Wire & Cable Co's current Quick Ratio of 0.79 is 43.2% 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 Hua Eng Wire & Cable Co and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hua Eng Wire & Cable Co's current Quick Ratio is 0.79, which is near median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hua Eng Wire & Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co (TPE:1608) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$26.52, compared to a current price of NT$32.95 — trading 24.2% above its estimated fair value. The current Quick Ratio is 0.79, which is near median its 10-year median of 0.80 and 43.2% below the Industrial Products industry median of 1.39. Hua Eng Wire & Cable Co's overall GF Score™ is 79/100 with 2 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 Hua Eng Wire & Cable Co (TPE:1608), the current Quick Ratio is 0.79 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 Hua Eng Wire & Cable Co (TPE:1608) Overvalued in 2026?
Based on GuruFocus' analysis, Hua Eng Wire & Cable Co stock appears to be overvalued.
The current stock price of NT$32.95 is trading 24.2% above its estimated GF Value™ of NT$26.52.
GuruFocus considers Hua Eng Wire & Cable Co to be Modestly Overvalued.
Key valuation signals for TPE:1608:
Quick Ratio: 0.79 (near median its 10-year median of 0.80)
GF Value™: NT$26.52 vs. price of NT$32.95 (24.2% above fair value)
Industry Position: 43.2% below the Industrial Products median (#2518 of 3071)
No single metric tells the full story. See the TPE:1608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hua Eng Wire & Cable Co Ltd is engaged in the processing, manufacture, sale and construction of wire, cable and copper products. The company operates through three segments: Wire, Cable, and Copper. The Wire segment is responsible for producing oxygen-free copper wire and related products. The Cable segment, on the other hand, focuses on producing power cables, communication cables, and optical fiber cables. The company's Copper segment is engaged in producing copper plate. The company's other reportable segments are mainly involved in project contracting and material trading. The Cable segment generates the majority of the company's revenue. Geographically the company generates revenue from Taiwan, which contributes key revenue, Mainland China, and Others.
79GF Score
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