Chih Lien Industrial Co (TPE:2024) Quick Ratio: 1.12 (As of Jun. 2026) — 44% Above Median

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TPE:2024 Chih Lien Industrial Co Ltd TPE:2024
68 GF Score
Price NT$13.55
GF Value NT$17.42
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Chih Lien Industrial Co Quick Ratio?

Chih Lien Industrial Co TPE:2024 68 Quick Ratio is 1.12 as of Jun. 2026, which is 44% above its 10-year median of 0.78. GuruFocus rates TPE:2024 with a GF Score™ of 68/100 and a GF Value™ of NT$17.42 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 633 Steel companies, Chih Lien Industrial Co ranks better than 56.08% 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. Chih Lien Industrial Co's quick ratio for the quarter that ended in Jun. 2026 was 1.12.

Chih Lien Industrial Co has a quick ratio of 1.12. It generally indicates good short-term financial strength.

The historical rank and industry rank for Chih Lien Industrial Co's Quick Ratio or its related term are showing as below:

TPE:2024' s Quick Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.78   Max: 1.12
Current: 1.12

During the past 13 years, Chih Lien Industrial Co's highest Quick Ratio was 1.12. The lowest was 0.35. And the median was 0.78.

TPE:2024's Quick Ratio is ranked better than
56.08% of 633 companies
in the Steel industry
Industry Median: 1.02 vs TPE:2024: 1.12

Chih Lien Industrial Co  (TPE:2024) 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.


Chih Lien Industrial Co Quick Ratio Related Terms


Chih Lien Industrial Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Chih Lien Industrial 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.

Chih Lien Industrial Co Quick Ratio Chart

Chih Lien Industrial Co 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 0.62 0.37 1.05 0.90 0.96

Chih Lien Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.89 0.94 0.96 1.05 1.12

TPE:2024 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Chih Lien Industrial 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.


Chih Lien Industrial Co Quick Ratio vs Steel Industry

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

* The bar in red indicates where Chih Lien Industrial Co's Quick Ratio falls into.


TPE:2024
68GF Score
Chih Lien Industrial Co Ltd TPE:2024
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chih Lien Industrial Co 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.

Chih Lien Industrial Co'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
=(720.313-399.123)/335.318
=0.96

Chih Lien Industrial Co's Quick Ratio for the quarter that ended in Jun. 2026 is calculated as

Quick Ratio (Q: Jun. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(728.345-345.741)/341.998
=1.12

* 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 1.12 mean?
Chih Lien Industrial Co (TPE:2024) has a Quick Ratio of 1.12 as of Jun. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Chih Lien Industrial Co and its competitors. This is 44% above median its historical median of 0.78. Over the past decade, Chih Lien Industrial Co's Quick Ratio has ranged from 0.35 to 1.12. According to the industry distribution chart, Chih Lien Industrial Co ranks #278 out of 633 companies in the Steel industry, placing it in the top 43.9%.
Is Chih Lien Industrial Co's Quick Ratio too high?
Chih Lien Industrial Co's current Quick Ratio of 1.12 is 44% above median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.12. The Steel industry median Quick Ratio is 1.02. Chih Lien Industrial Co's value of 1.12 is 9.8% above this industry median. Based on the distribution chart, Chih Lien Industrial Co ranks #278 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Chih Lien Industrial Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chih Lien Industrial Co's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chih Lien Industrial Co ranks #278 out of 633 companies for Quick Ratio. This puts Chih Lien Industrial Co in the upper half of its industry. The industry median Quick Ratio is 1.02. Chih Lien Industrial Co's value of 1.12 is 9.8% above this benchmark. Historically, Chih Lien Industrial Co's own Quick Ratio has ranged from 0.35 to 1.12 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.02, Chih Lien Industrial 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 a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 633 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. Chih Lien Industrial Co's current Quick Ratio of 1.12 is 9.8% 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 Chih Lien Industrial Co 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. Chih Lien Industrial Co's current Quick Ratio is 1.12, which is 44% above median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chih Lien Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Chih Lien Industrial Co (TPE:2024) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.42, compared to a current price of NT$13.55 — trading 22.2% below its estimated fair value. The current Quick Ratio is 1.12, which is 44% above median its 10-year median of 0.78 and 9.8% above the Steel industry median of 1.02. Chih Lien Industrial Co's overall GF Score™ is 68/100 with 5 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 Chih Lien Industrial Co (TPE:2024), the current Quick Ratio is 1.12 as of Jun. 2026. 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 Chih Lien Industrial Co (TPE:2024) Overvalued in 2026?

Based on GuruFocus' analysis, Chih Lien Industrial Co stock appears to be undervalued. The current stock price of NT$13.55 is trading 22.2% below its estimated GF Value™ of NT$17.42. GuruFocus considers Chih Lien Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2024:

  • Quick Ratio: 1.12 (44% above median its 10-year median of 0.78)
  • GF Value™: NT$17.42 vs. price of NT$13.55 (22.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 9.8% above the Steel median (#278 of 633)

No single metric tells the full story. See the TPE:2024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chih Lien Industrial Co Business Description

Address Zhongxing Road, No.480, Xinwu District, Tao-Yuan, TWN, 32749
Chih Lien Industrial Co Ltd operates in the steel industry. Company is mainly engaged in the manufacturing, processing and trading of steel wire and steel bars. The Company operates in a single industry and is mainly engaged in the manufacturing and processing of steel wire and steel bars with similar end-use products. The company has presence in Taiwan, China, Indonesia, Malaysia, and Other. The company generates majority of revenue from Taiwan.
68GF Score

Get the complete analysis for TPE:2024

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

NT$13.55
Price
NT$17.42
GF Value