Cheng LoongTPE:1904 +0.23%72 Quick Ratio is 0.81 as of Dec. 2025, which is 15% below its 10-year median of 0.95. GuruFocus rates TPE:1904 with a GF Score™ of 72/100 and a GF Value™ of NT$25.96 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 289 Forest Products companies, Cheng Loong ranks worse than 59.52% 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. Cheng Loong's quick ratio for the quarter that ended in Dec. 2025 was 0.81.
Cheng Loong has a quick ratio of 0.81. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Cheng Loong's Quick Ratio or its related term are showing as below:
TPE:1904'
s Quick Ratio Range Over the Past 10 Years
Min: 0.74 Med: 0.95 Max: 1.11
Current: 0.81
During the past 13 years, Cheng Loong's highest Quick Ratio was 1.11. The lowest was 0.74. And the median was 0.95.
TPE:1904's Quick Ratio is ranked worse than 59.52% of 289
companies
in the Forest Products industry
Industry Median: 0.93
vs TPE:1904: 0.81
Cheng Loong (TPE:1904) 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.
Cheng Loong Quick Ratio Related Terms
Cheng Loong Quick Ratio Historical Data
* Premium members only.
The historical data trend for Cheng Loong'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 Paper & Paper Products subindustry, Cheng Loong'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.
Cheng Loong Quick Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Cheng Loong's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Cheng Loong'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.
Cheng Loong'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.
Cheng Loong (TPE:1904) has a Quick Ratio of 0.81 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Cheng Loong and its competitors. This is 15% below median its historical median of 0.95. Over the past decade, Cheng Loong's Quick Ratio has ranged from 0.74 to 1.11. According to the industry distribution chart, Cheng Loong ranks #172 out of 289 companies in the Forest Products industry, placing it in the top 59.5%.
Is Cheng Loong's Quick Ratio too high?
Cheng Loong's current Quick Ratio of 0.81 is 15% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.11. The Forest Products industry median Quick Ratio is 0.93. Cheng Loong's value of 0.81 is 12.9% below this industry median. Based on the distribution chart, Cheng Loong ranks #172 out of 289 companies in the Forest Products industry, which is below the industry midpoint. Overall, Cheng Loong has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Loong's Quick Ratio compare to competitors?
According to the Forest Products industry distribution chart, Cheng Loong ranks #172 out of 289 companies for Quick Ratio. This places Cheng Loong in the lower half of its industry. The industry median Quick Ratio is 0.93. Cheng Loong's value of 0.81 is 12.9% below this benchmark. Historically, Cheng Loong's own Quick Ratio has ranged from 0.74 to 1.11 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.93, Cheng Loong 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 Forest Products company?
The median Quick Ratio among Forest Products companies is 0.93, based on 289 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. Cheng Loong's current Quick Ratio of 0.81 is 12.9% 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 Cheng Loong and its competitors. For the Forest Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Loong's current Quick Ratio is 0.81, which is 15% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Loong stock overvalued right now?
Based on GuruFocus' analysis, Cheng Loong (TPE:1904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.96, compared to a current price of NT$21.40 — trading 17.6% below its estimated fair value. The current Quick Ratio is 0.81, which is 15% below median its 10-year median of 0.95 and 12.9% below the Forest Products industry median of 0.93. Cheng Loong's overall GF Score™ is 72/100 with 12 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 Cheng Loong (TPE:1904), the current Quick Ratio is 0.81 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 Cheng Loong (TPE:1904) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Loong stock appears to be undervalued.
The current stock price of NT$21.40 is trading 17.6% below its estimated GF Value™ of NT$25.96.
GuruFocus considers Cheng Loong to be Modestly Undervalued.
Key valuation signals for TPE:1904:
Quick Ratio: 0.81 (15% below median its 10-year median of 0.95)
GF Value™: NT$25.96 vs. price of NT$21.40 (17.6% below fair value)
Industry Position: 12.9% below the Forest Products median (#172 of 289)
No single metric tells the full story. See the TPE:1904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from the manufacturing and sale of industrial paper, corrugated containers, and related products. Its geographical segments are Taiwan, which generates key revenue, China, and Southeast Asia.
72GF Score
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