Hwa Fong Rubber Ind CoTPE:2109 73 Quick Ratio is 2.17 as of Sep. 2025, which is 57% above its 10-year median of 1.38. GuruFocus rates TPE:2109 with a GF Score™ of 73/100 and a GF Value™ of NT$14.80 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Hwa Fong Rubber Ind Co ranks better than 82.57% on this metric.
Hwa Fong Rubber Ind Co has a quick ratio of 2.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hwa Fong Rubber Ind Co's Quick Ratio or its related term are showing as below:
TPE:2109'
s Quick Ratio Range Over the Past 10 Years
Min: 0.7 Med: 1.38 Max: 2.87
Current: 2.17
During the past 13 years, Hwa Fong Rubber Ind Co's highest Quick Ratio was 2.87. The lowest was 0.70. And the median was 1.38.
TPE:2109's Quick Ratio is ranked better than 82.57% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 1.05
vs TPE:2109: 2.17
Hwa Fong Rubber Ind Co (TPE:2109) 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.
Hwa Fong Rubber Ind Co Quick Ratio Related Terms
Hwa Fong Rubber Ind Co 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 Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co'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.
Hwa Fong Rubber Ind Co's Quick Ratio for the fiscal year that ended in Dec. 2024 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.
Hwa Fong Rubber Ind Co (TPE:2109) has a Quick Ratio of 2.17 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hwa Fong Rubber Ind Co and its competitors. This is 57% above median its historical median of 1.38. Over the past decade, Hwa Fong Rubber Ind Co's Quick Ratio has ranged from 0.70 to 2.87. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #233 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 17.4%.
Is Hwa Fong Rubber Ind Co's Quick Ratio too high?
Hwa Fong Rubber Ind Co's current Quick Ratio of 2.17 is 57% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.87. The Vehicles & Parts industry median Quick Ratio is 1.05. Hwa Fong Rubber Ind Co's value of 2.17 is 106.7% above this industry median. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #233 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #233 out of 1337 companies for Quick Ratio. This places Hwa Fong Rubber Ind Co in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. Hwa Fong Rubber Ind Co's value of 2.17 is 106.7% above this benchmark. Historically, Hwa Fong Rubber Ind Co's own Quick Ratio has ranged from 0.70 to 2.87 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.05, Hwa Fong Rubber Ind 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.05, based on 1,337 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. Hwa Fong Rubber Ind Co's current Quick Ratio of 2.17 is 106.7% 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 Hwa Fong Rubber Ind Co and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber Ind Co's current Quick Ratio is 2.17, which is 57% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.80, compared to a current price of NT$14.50 — trading 2% below its estimated fair value. The current Quick Ratio is 2.17, which is 57% above median its 10-year median of 1.38 and 106.7% above the Vehicles & Parts industry median of 1.05. Hwa Fong Rubber Ind Co's overall GF Score™ is 73/100 with 3 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 Hwa Fong Rubber Ind Co (TPE:2109), the current Quick Ratio is 2.17 as of Sep. 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued.
The current stock price of NT$14.50 is trading 2% below its estimated GF Value™ of NT$14.80.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
Quick Ratio: 2.17 (57% above median its 10-year median of 1.38)
GF Value™: NT$14.80 vs. price of NT$14.50 (2% below fair value)
Industry Position: 106.7% above the Vehicles & Parts median (#233 of 1337)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
73GF Score
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