Hsin Kuang Steel Co (TPE:2031) Quick Ratio: 1.08 (As of Dec. 2025) — 24% Above Median


TPE:2031 Hsin Kuang Steel Co Ltd TPE:2031
76 GF Score
Price NT$38.30
GF Value NT$53.76
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Hsin Kuang Steel Co Quick Ratio?

Hsin Kuang Steel Co TPE:2031 +1.59% 76 Quick Ratio is 1.08 as of Dec. 2025, which is 24% above its 10-year median of 0.87. GuruFocus rates TPE:2031 with a GF Score™ of 76/100 and a GF Value™ of NT$53.76 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 635 Steel companies, Hsin Kuang Steel Co ranks better than 54.33% 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. Hsin Kuang Steel Co's quick ratio for the quarter that ended in Dec. 2025 was 1.08.

Hsin Kuang Steel Co has a quick ratio of 1.08. It generally indicates good short-term financial strength.

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

TPE:2031' s Quick Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.87   Max: 1.08
Current: 1.08

During the past 13 years, Hsin Kuang Steel Co's highest Quick Ratio was 1.08. The lowest was 0.63. And the median was 0.87.

TPE:2031's Quick Ratio is ranked better than
54.33% of 635 companies
in the Steel industry
Industry Median: 1.02 vs TPE:2031: 1.08

Hsin Kuang Steel Co  (TPE:2031) 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.


Hsin Kuang Steel Co Quick Ratio Related Terms


Hsin Kuang Steel Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hsin Kuang Steel 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.

Hsin Kuang Steel Co Quick Ratio Chart

Hsin Kuang Steel 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 0.85 0.80 0.97 0.97 1.08

Hsin Kuang Steel Co 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 0.97 0.91 1.03 1.07 1.08

TPE:2031 vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Hsin Kuang Steel 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.


Hsin Kuang Steel Co Quick Ratio vs Steel Industry

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

* The bar in red indicates where Hsin Kuang Steel Co's Quick Ratio falls into.


TPE:2031
76GF Score
Hsin Kuang Steel Co Ltd TPE:2031
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hsin Kuang Steel 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.

Hsin Kuang Steel 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
=(15194.77-5593.133)/8917.653
=1.08

Hsin Kuang Steel Co'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
=(15194.77-5593.133)/8917.653
=1.08

* 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 1.08 mean?
Hsin Kuang Steel Co (TPE:2031) has a Quick Ratio of 1.08 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hsin Kuang Steel Co and its competitors. This is 24% above median its historical median of 0.87. Over the past decade, Hsin Kuang Steel Co's Quick Ratio has ranged from 0.63 to 1.08. According to the industry distribution chart, Hsin Kuang Steel Co ranks #290 out of 635 companies in the Steel industry, placing it in the top 45.7%.
Is Hsin Kuang Steel Co's Quick Ratio too high?
Hsin Kuang Steel Co's current Quick Ratio of 1.08 is 24% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.08. The Steel industry median Quick Ratio is 1.02. Hsin Kuang Steel Co's value of 1.08 is 5.9% above this industry median. Based on the distribution chart, Hsin Kuang Steel Co ranks #290 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, Hsin Kuang Steel Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin Kuang Steel Co's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hsin Kuang Steel Co ranks #290 out of 635 companies for Quick Ratio. This puts Hsin Kuang Steel Co in the upper half of its industry. The industry median Quick Ratio is 1.02. Hsin Kuang Steel Co's value of 1.08 is 5.9% above this benchmark. Historically, Hsin Kuang Steel Co's own Quick Ratio has ranged from 0.63 to 1.08 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.02, Hsin Kuang Steel 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 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. Hsin Kuang Steel Co's current Quick Ratio of 1.08 is 5.9% 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 Hsin Kuang Steel 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. Hsin Kuang Steel Co's current Quick Ratio is 1.08, which is 24% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Kuang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Kuang Steel Co (TPE:2031) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$53.76, compared to a current price of NT$38.30 — trading 28.8% below its estimated fair value. The current Quick Ratio is 1.08, which is 24% above median its 10-year median of 0.87 and 5.9% above the Steel industry median of 1.02. Hsin Kuang Steel Co's overall GF Score™ is 76/100 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 Hsin Kuang Steel Co (TPE:2031), the current Quick Ratio is 1.08 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 Hsin Kuang Steel Co (TPE:2031) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Kuang Steel Co stock appears to be undervalued. The current stock price of NT$38.30 is trading 28.8% below its estimated GF Value™ of NT$53.76. GuruFocus considers Hsin Kuang Steel Co to be Modestly Undervalued.

Key valuation signals for TPE:2031:

  • Quick Ratio: 1.08 (24% above median its 10-year median of 0.87)
  • GF Value™: NT$53.76 vs. price of NT$38.30 (28.8% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 5.9% above the Steel median (#290 of 635)

No single metric tells the full story. See the TPE:2031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Kuang Steel Co Business Description

Address 97 Chongxin Road, Section 4, 25th Floor, Sanchong District, New Taipei, TWN
Hsin Kuang Steel Co Ltd manufactures and sells steel products. The business activities of the group include cutting, stamping, and the sale of steel products, including steel coils, steel plates, stainless steel, alloy steel, special steel, and SuperDyma. Geographically, its business activities are carried out across Taiwan. The company operates in four segments, which include Steel - Direct Sales, Steel - Manufacturing Sales, Construction Projects, and Leases. The majority of its revenue is generated from the Steel-Direct Sales Segment. Geographically, operates in Taiwan.
76GF Score

Get the complete analysis for TPE:2031

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

NT$38.30
Price
NT$53.76
GF Value