Jung Shing Wire CoTPE:1617 73 Quick Ratio is 1.98 as of Dec. 2025, which is 25% above its 10-year median of 1.59. GuruFocus rates TPE:1617 with a GF Score™ of 73/100 and a GF Value™ of NT$17.05 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 3,069 Industrial Products companies, Jung Shing Wire Co ranks better than 69.66% on this metric.
Jung Shing Wire Co has a quick ratio of 1.98. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jung Shing Wire Co's Quick Ratio or its related term are showing as below:
TPE:1617'
s Quick Ratio Range Over the Past 10 Years
Min: 1.33 Med: 1.59 Max: 1.98
Current: 1.98
During the past 13 years, Jung Shing Wire Co's highest Quick Ratio was 1.98. The lowest was 1.33. And the median was 1.59.
TPE:1617's Quick Ratio is ranked better than 69.66% of 3069
companies
in the Industrial Products industry
Industry Median: 1.39
vs TPE:1617: 1.98
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co Quick Ratio Related Terms
Jung Shing Wire Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Jung Shing Wire 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.
For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.
Jung Shing Wire Co Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Jung Shing Wire 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.
Jung Shing Wire 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.
Jung Shing Wire Co (TPE:1617) has a Quick Ratio of 1.98 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Jung Shing Wire Co and its competitors. This is 25% above median its historical median of 1.59. Over the past decade, Jung Shing Wire Co's Quick Ratio has ranged from 1.33 to 1.98. According to the industry distribution chart, Jung Shing Wire Co ranks #931 out of 3069 companies in the Industrial Products industry, placing it in the top 30.3%.
Is Jung Shing Wire Co's Quick Ratio too high?
Jung Shing Wire Co's current Quick Ratio of 1.98 is 25% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 1.98. The Industrial Products industry median Quick Ratio is 1.39. Jung Shing Wire Co's value of 1.98 is 42.4% above this industry median. Based on the distribution chart, Jung Shing Wire Co ranks #931 out of 3069 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jung Shing Wire Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #931 out of 3069 companies for Quick Ratio. This puts Jung Shing Wire Co in the upper half of its industry. The industry median Quick Ratio is 1.39. Jung Shing Wire Co's value of 1.98 is 42.4% above this benchmark. Historically, Jung Shing Wire Co's own Quick Ratio has ranged from 1.33 to 1.98 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.39, Jung Shing Wire 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,069 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. Jung Shing Wire Co's current Quick Ratio of 1.98 is 42.4% 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 Jung Shing Wire 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. Jung Shing Wire Co's current Quick Ratio is 1.98, which is 25% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.05, compared to a current price of NT$23.50 — trading 37.8% above its estimated fair value. The current Quick Ratio is 1.98, which is 25% above median its 10-year median of 1.59 and 42.4% above the Industrial Products industry median of 1.39. Jung Shing Wire Co's overall GF Score™ is 73/100 with 9 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 Jung Shing Wire Co (TPE:1617), the current Quick Ratio is 1.98 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?
Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be overvalued.
The current stock price of NT$23.50 is trading 37.8% above its estimated GF Value™ of NT$17.05.
GuruFocus considers Jung Shing Wire Co to be Significantly Overvalued.
Key valuation signals for TPE:1617:
Quick Ratio: 1.98 (25% above median its 10-year median of 1.59)
GF Value™: NT$17.05 vs. price of NT$23.50 (37.8% above fair value)
Industry Position: 42.4% above the Industrial Products median (#931 of 3069)
No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
73GF Score
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