Cathay Chemical Works (TPE:1713) Quick Ratio: 5.47 (As of Dec. 2025) — 62% Below Median


TPE:1713 Cathay Chemical Works Inc TPE:1713
76 GF Score
Price NT$49.10
GF Value NT$42.87
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Cathay Chemical Works Quick Ratio?

Cathay Chemical Works TPE:1713 -0.81% 76 Quick Ratio is 5.47 as of Dec. 2025, which is 62% below its 10-year median of 14.49. GuruFocus rates TPE:1713 with a GF Score™ of 76/100 and a GF Value™ of NT$42.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,609 Chemicals companies, Cathay Chemical Works ranks better than 91.92% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Cathay Chemical Works's quick ratio for the quarter that ended in Dec. 2025 was 5.47.

Cathay Chemical Works has a quick ratio of 5.47. It generally indicates good short-term financial strength.

The historical rank and industry rank for Cathay Chemical Works's Quick Ratio or its related term are showing as below:

TPE:1713' s Quick Ratio Range Over the Past 10 Years
Min: 5.47   Med: 14.49   Max: 23.18
Current: 5.47

During the past 13 years, Cathay Chemical Works's highest Quick Ratio was 23.18. The lowest was 5.47. And the median was 14.49.

TPE:1713's Quick Ratio is ranked better than
91.92% of 1609 companies
in the Chemicals industry
Industry Median: 1.38 vs TPE:1713: 5.47

Cathay Chemical Works  (TPE:1713) 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.


Cathay Chemical Works Quick Ratio Related Terms


Cathay Chemical Works Quick Ratio Historical Data

* Premium members only.

The historical data trend for Cathay Chemical Works'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.

Cathay Chemical Works Quick Ratio Chart

Cathay Chemical Works Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 7.26 5.89 10.78 5.47

Cathay Chemical Works Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.78 15.31 1.29 5.56 5.47

TPE:1713 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Cathay Chemical Works'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.


Cathay Chemical Works Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cathay Chemical Works's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Cathay Chemical Works's Quick Ratio falls into.


TPE:1713
76GF Score
Cathay Chemical Works Inc TPE:1713
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cathay Chemical Works 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.

Cathay Chemical Works's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(641.607-195.523)/81.575
=5.47

Cathay Chemical Works's Quick Ratio for the quarter that ended in Dec. 2025 is calculated as

Quick Ratio (Q: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(641.607-195.523)/81.575
=5.47

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 5.47 mean?
Cathay Chemical Works (TPE:1713) has a Quick Ratio of 5.47 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cathay Chemical Works and its competitors. This is 62% below median its historical median of 14.49. Over the past decade, Cathay Chemical Works' Quick Ratio has ranged from 5.47 to 23.18. According to the industry distribution chart, Cathay Chemical Works ranks #130 out of 1609 companies in the Chemicals industry, placing it in the top 8.1%.
Is Cathay Chemical Works' Quick Ratio too high?
Cathay Chemical Works' current Quick Ratio of 5.47 is 62% below median its 10-year median of 14.49. Over the past 10 years, this metric has ranged from a low of 5.47 to a high of 23.18. The Chemicals industry median Quick Ratio is 1.38. Cathay Chemical Works' value of 5.47 is 296.4% above this industry median. Based on the distribution chart, Cathay Chemical Works ranks #130 out of 1609 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Cathay Chemical Works has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cathay Chemical Works' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Cathay Chemical Works ranks #130 out of 1609 companies for Quick Ratio. This places Cathay Chemical Works in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Cathay Chemical Works' value of 5.47 is 296.4% above this benchmark. Historically, Cathay Chemical Works' own Quick Ratio has ranged from 5.47 to 23.18 over the past decade. While the company's 10-year median is 14.49 vs. the industry median of 1.38, Cathay Chemical Works 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 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. Cathay Chemical Works's current Quick Ratio of 5.47 is 296.4% 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 Cathay Chemical Works 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. Cathay Chemical Works's current Quick Ratio is 5.47, which is 62% below median its own 10-year median of 14.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Chemical Works stock overvalued right now?
Based on GuruFocus' analysis, Cathay Chemical Works (TPE:1713) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.87, compared to a current price of NT$49.10 — trading 14.5% above its estimated fair value. The current Quick Ratio is 5.47, which is 62% below median its 10-year median of 14.49 and 296.4% above the Chemicals industry median of 1.38. Cathay Chemical Works' overall GF Score™ is 76/100 with 6 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 Cathay Chemical Works (TPE:1713), the current Quick Ratio is 5.47 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 Cathay Chemical Works (TPE:1713) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Chemical Works stock appears to be overvalued. The current stock price of NT$49.10 is trading 14.5% above its estimated GF Value™ of NT$42.87. GuruFocus considers Cathay Chemical Works to be Modestly Overvalued.

Key valuation signals for TPE:1713:

  • Quick Ratio: 5.47 (62% below median its 10-year median of 14.49)
  • GF Value™: NT$42.87 vs. price of NT$49.10 (14.5% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 296.4% above the Chemicals median (#130 of 1609)

No single metric tells the full story. See the TPE:1713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cathay Chemical Works Business Description

Address Zhongxiao East Road, 12 Floor, No. 320, Section 4, Taipei, TWN
Cathay Chemical Works Inc Company's mainly business is the manufacture and sale of sodium hydrosulfite, zinc oxide, sodium formaldehyde sulfoxylate, zinc dust and so on. It is the sole operating department. The company has presence in Taiwan, Asia, America, Europe, New Zealand and Australia. The majority of revenue comes from Taiwan.
76GF Score

Get the complete analysis for TPE:1713

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$49.10
Price
NT$42.87
GF Value