Kao Hsing Chang Iron & Steel has a quick ratio of 0.89. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Kao Hsing Chang Iron & Steel's Quick Ratio or its related term are showing as below:
TPE:2008'
s Quick Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.46 Max: 0.89
Current: 0.89
During the past 13 years, Kao Hsing Chang Iron & Steel's highest Quick Ratio was 0.89. The lowest was 0.37. And the median was 0.46.
TPE:2008's Quick Ratio is ranked worse than 56.38% of 635
companies
in the Steel industry
Industry Median: 1.02
vs TPE:2008: 0.89
Kao Hsing Chang Iron & Steel (TPE:2008) 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.
Kao Hsing Chang Iron & Steel Quick Ratio Related Terms
Kao Hsing Chang Iron & Steel 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 Steel subindustry, Kao Hsing Chang Iron & 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.
Kao Hsing Chang Iron & Steel Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Kao Hsing Chang Iron & Steel's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Kao Hsing Chang Iron & Steel's Quick Ratio falls into.
Kao Hsing Chang Iron & 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.
* 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.
Kao Hsing Chang Iron & Steel (TPE:2008) has a Quick Ratio of 0.89 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kao Hsing Chang Iron & Steel and its competitors. This is 93% above median its historical median of 0.46. Over the past decade, Kao Hsing Chang Iron & Steel's Quick Ratio has ranged from 0.37 to 0.89. According to the industry distribution chart, Kao Hsing Chang Iron & Steel ranks #358 out of 635 companies in the Steel industry, placing it in the top 56.4%.
Is Kao Hsing Chang Iron & Steel's Quick Ratio too high?
Kao Hsing Chang Iron & Steel's current Quick Ratio of 0.89 is 93% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.89. The Steel industry median Quick Ratio is 1.02. Kao Hsing Chang Iron & Steel's value of 0.89 is 12.7% below this industry median. Based on the distribution chart, Kao Hsing Chang Iron & Steel ranks #358 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Kao Hsing Chang Iron & Steel has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kao Hsing Chang Iron & Steel's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Kao Hsing Chang Iron & Steel ranks #358 out of 635 companies for Quick Ratio. This places Kao Hsing Chang Iron & Steel in the lower half of its industry. The industry median Quick Ratio is 1.02. Kao Hsing Chang Iron & Steel's value of 0.89 is 12.7% below this benchmark. Historically, Kao Hsing Chang Iron & Steel's own Quick Ratio has ranged from 0.37 to 0.89 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 1.02, Kao Hsing Chang Iron & 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 635 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. Kao Hsing Chang Iron & Steel's current Quick Ratio of 0.89 is 12.7% 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 Kao Hsing Chang Iron & 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. Kao Hsing Chang Iron & Steel's current Quick Ratio is 0.89, which is 93% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kao Hsing Chang Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel (TPE:2008) is currently considered Fairly Valued. The stock's GF Value™ is NT$27.95, compared to a current price of NT$30.80 — trading 10.2% above its estimated fair value. The current Quick Ratio is 0.89, which is 93% above median its 10-year median of 0.46 and 12.7% below the Steel industry median of 1.02. Kao Hsing Chang Iron & Steel's overall GF Score™ is 73/100 with 10 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 Kao Hsing Chang Iron & Steel (TPE:2008), the current Quick Ratio is 0.89 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 Kao Hsing Chang Iron & Steel (TPE:2008) Overvalued in 2026?
Based on GuruFocus' analysis, Kao Hsing Chang Iron & Steel stock appears to be overvalued.
The current stock price of NT$30.80 is trading 10.2% above its estimated GF Value™ of NT$27.95.
GuruFocus considers Kao Hsing Chang Iron & Steel to be Fairly Valued.
Key valuation signals for TPE:2008:
Quick Ratio: 0.89 (93% above median its 10-year median of 0.46)
GF Value™: NT$27.95 vs. price of NT$30.80 (10.2% above fair value)
Industry Position: 12.7% below the Steel median (#358 of 635)
No single metric tells the full story. See the TPE:2008 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, United States and Japan, of which the majority of the revenue comes from Taiwan.
73GF Score
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