China Steel (TPE:2002) Quick Ratio: 0.66 (As of Dec. 2025) — 38% Above Median


TPE:2002 China Steel Corp TPE:2002
65 GF Score
Price NT$19.35
GF Value NT$20.73
Valuation Fairly Valued
! 8 Warning Signs
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What is China Steel Quick Ratio?

China Steel TPE:2002 +0.78% 65 Quick Ratio is 0.66 as of Dec. 2025, which is 38% above its 10-year median of 0.48. GuruFocus rates TPE:2002 with a GF Score™ of 65/100 and a GF Value™ of NT$20.73 (Fairly Valued). The stock has 8 warning signs investors should review. Among 639 Steel companies, China Steel ranks worse than 71.67% 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. China Steel's quick ratio for the quarter that ended in Dec. 2025 was 0.66.

China Steel has a quick ratio of 0.66. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for China Steel's Quick Ratio or its related term are showing as below:

TPE:2002' s Quick Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.48   Max: 0.66
Current: 0.66

During the past 13 years, China Steel's highest Quick Ratio was 0.66. The lowest was 0.43. And the median was 0.48.

TPE:2002's Quick Ratio is ranked worse than
71.67% of 639 companies
in the Steel industry
Industry Median: 1.02 vs TPE:2002: 0.66

China Steel  (TPE:2002) 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.


China Steel Quick Ratio Related Terms


China Steel Quick Ratio Historical Data

* Premium members only.

The historical data trend for China Steel'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.

China Steel Quick Ratio Chart

China Steel 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 0.50 0.48 0.46 0.58 0.66

China Steel 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 0.58 0.60 0.57 0.61 0.66

TPE:2002 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, China Steel'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.


China Steel Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, China Steel's Quick Ratio distribution charts can be found below:

* The bar in red indicates where China Steel's Quick Ratio falls into.


TPE:2002
65GF Score
China Steel Corp TPE:2002
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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China Steel 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.

China Steel'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
=(177774.877-92490.887)/128948.463
=0.66

China Steel'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
=(177774.877-92490.887)/128948.463
=0.66

* 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 0.66 mean?
China Steel (TPE:2002) has a Quick Ratio of 0.66 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Steel and its competitors. This is 38% above median its historical median of 0.48. Over the past decade, China Steel's Quick Ratio has ranged from 0.43 to 0.66. According to the industry distribution chart, China Steel ranks #458 out of 639 companies in the Steel industry, placing it in the top 71.7%.
Is China Steel's Quick Ratio too high?
China Steel's current Quick Ratio of 0.66 is 38% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.66. The Steel industry median Quick Ratio is 1.02. China Steel's value of 0.66 is 35.3% below this industry median. Based on the distribution chart, China Steel ranks #458 out of 639 companies in the Steel industry, which is below the industry midpoint. Overall, China Steel has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Steel's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, China Steel ranks #458 out of 639 companies for Quick Ratio. This places China Steel in the lower half of its industry. The industry median Quick Ratio is 1.02. China Steel's value of 0.66 is 35.3% below this benchmark. Historically, China Steel's own Quick Ratio has ranged from 0.43 to 0.66 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 1.02, China Steel 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 639 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. China Steel's current Quick Ratio of 0.66 is 35.3% 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 China Steel and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Steel's current Quick Ratio is 0.66, which is 38% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Steel stock overvalued right now?
Based on GuruFocus' analysis, China Steel (TPE:2002) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.73, compared to a current price of NT$19.35 — trading 6.7% below its estimated fair value. The current Quick Ratio is 0.66, which is 38% above median its 10-year median of 0.48 and 35.3% below the Steel industry median of 1.02. China Steel's overall GF Score™ is 65/100 with 8 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 China Steel (TPE:2002), the current Quick Ratio is 0.66 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 China Steel (TPE:2002) Overvalued in 2026?

Based on GuruFocus' analysis, China Steel stock appears to be undervalued. The current stock price of NT$19.35 is trading 6.7% below its estimated GF Value™ of NT$20.73. GuruFocus considers China Steel to be Fairly Valued.

Key valuation signals for TPE:2002:

  • Quick Ratio: 0.66 (38% above median its 10-year median of 0.48)
  • GF Value™: NT$20.73 vs. price of NT$19.35 (6.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 35.3% below the Steel median (#458 of 639)

No single metric tells the full story. See the TPE:2002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Steel Business Description

Other Exchanges 2002A:TaiwanCNS:Germany
Address No. 1, Chung Kang Road, Hsiao Kang, Kaohsiung, TWN, 81233
China Steel Corp is a steelmaker in Taiwan. It manufactures and sells steel products and engages in mechanical, communications, and electrical engineering. The company's product portfolio includes plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, and hot-dip galvanized coils. Along with its subsidiaries, the company operates in the following reportable segments: Steel Department and Non-Steel Department. A majority of its revenue is generated from the Steel department segment, which manufactures and sells steel products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Malaysia, India, China, and other regions.
65GF Score

Get the complete analysis for TPE:2002

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

NT$19.35
Price
NT$20.73
GF Value