TPE:3018's Quick Ratio is ranked better than 59.3% of 1784
companies
in the Construction industry
Industry Median: 1.29
vs TPE:3018: 1.46
Lung Ming Green Energy Technology Engineering Co (TPE:3018) 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.
Lung Ming Green Energy Technology Engineering Co Quick Ratio Related Terms
Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering Co Quick Ratio Chart
Lung Ming Green Energy Technology Engineering Co Annual Data
For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.
Lung Ming Green Energy Technology Engineering Co Quick Ratio vs Construction Industry
Lung Ming Green Energy Technology Engineering 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.
* 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.
Lung Ming Green Energy Technology Engineering Co (TPE:3018) has a Quick Ratio of 1.46 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lung Ming Green Energy Technology Engineering Co and its competitors. This is near median its historical median of 1.37. Over the past decade, Lung Ming Green Energy Technology Engineering Co's Quick Ratio has ranged from 0.82 to 2.03. According to the industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #726 out of 1784 companies in the Construction industry, placing it in the top 40.7%.
Is Lung Ming Green Energy Technology Engineering Co's Quick Ratio too high?
Lung Ming Green Energy Technology Engineering Co's current Quick Ratio of 1.46 is near median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.03. The Construction industry median Quick Ratio is 1.29. Lung Ming Green Energy Technology Engineering Co's value of 1.46 is 13.2% above this industry median. Based on the distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #726 out of 1784 companies in the Construction industry, which is above the industry midpoint. Overall, Lung Ming Green Energy Technology Engineering Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lung Ming Green Energy Technology Engineering Co's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Lung Ming Green Energy Technology Engineering Co ranks #726 out of 1784 companies for Quick Ratio. This puts Lung Ming Green Energy Technology Engineering Co in the upper half of its industry. The industry median Quick Ratio is 1.29. Lung Ming Green Energy Technology Engineering Co's value of 1.46 is 13.2% above this benchmark. Historically, Lung Ming Green Energy Technology Engineering Co's own Quick Ratio has ranged from 0.82 to 2.03 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.29, Lung Ming Green Energy Technology Engineering 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,784 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. Lung Ming Green Energy Technology Engineering Co's current Quick Ratio of 1.46 is 13.2% 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 Lung Ming Green Energy Technology Engineering Co and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lung Ming Green Energy Technology Engineering Co's current Quick Ratio is 1.46, which is near median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Ming Green Energy Technology Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co (TPE:3018) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.00, compared to a current price of NT$12.10 — trading 51.3% above its estimated fair value. The current Quick Ratio is 1.46, which is near median its 10-year median of 1.37 and 13.2% above the Construction industry median of 1.29. Lung Ming Green Energy Technology Engineering Co's overall GF Score™ is 55/100 with 6 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018), the current Quick Ratio is 1.46 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018) Overvalued in 2026?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co stock appears to be overvalued.
The current stock price of NT$12.10 is trading 51.3% above its estimated GF Value™ of NT$8.00.
GuruFocus considers Lung Ming Green Energy Technology Engineering Co to be Significantly Overvalued.
Key valuation signals for TPE:3018:
Quick Ratio: 1.46 (near median its 10-year median of 1.37)
GF Value™: NT$8.00 vs. price of NT$12.10 (51.3% above fair value)
Industry Position: 13.2% above the Construction median (#726 of 1784)
No single metric tells the full story. See the TPE:3018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lung Ming Green Energy Technology Engineering Co Business Description
Lung Ming Green Energy Technology Engineering Co Ltd is principally engaged in mechanical and electrical system integration works, construction works, and waste disposal related to technology plants, industrial plants, and residences. The Company operates through the Engineering department, which generates maximum revenue, the Environmental Protection department, and the Other department.
55GF Score
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