Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Daxin Materials CoTPE:5234 +3.16%83 Quick Ratio is 2.21 as of Dec. 2025, which is 6% above its 10-year median of 2.09. GuruFocus rates TPE:5234 with a GF Score™ of 83/100 and a GF Value™ of NT$194.53 (Significantly Overvalued). Among 1,606 Chemicals companies, Daxin Materials Co ranks better than 71.92% on this metric.
Daxin Materials Co has a quick ratio of 2.21. It generally indicates good short-term financial strength.
The historical rank and industry rank for Daxin Materials Co's Quick Ratio or its related term are showing as below:
TPE:5234'
s Quick Ratio Range Over the Past 10 Years
Min: 1.75 Med: 2.09 Max: 2.36
Current: 2.21
During the past 13 years, Daxin Materials Co's highest Quick Ratio was 2.36. The lowest was 1.75. And the median was 2.09.
TPE:5234's Quick Ratio is ranked better than 71.92% of 1606
companies
in the Chemicals industry
Industry Median: 1.38
vs TPE:5234: 2.21
Daxin Materials Co (TPE:5234) 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.
Daxin Materials Co Quick Ratio Related Terms
Daxin Materials Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Daxin Materials 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.
For the Specialty Chemicals subindustry, Daxin Materials 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.
Daxin Materials Co Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daxin Materials Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Daxin Materials 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.
Daxin Materials Co's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
Daxin Materials Co (TPE:5234) has a Quick Ratio of 2.21 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Daxin Materials Co and its competitors. This is near median its historical median of 2.09. Over the past decade, Daxin Materials Co's Quick Ratio has ranged from 1.75 to 2.36. According to the industry distribution chart, Daxin Materials Co ranks #451 out of 1606 companies in the Chemicals industry, placing it in the top 28.1%.
Is Daxin Materials Co's Quick Ratio too high?
Daxin Materials Co's current Quick Ratio of 2.21 is near median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 2.36. The Chemicals industry median Quick Ratio is 1.38. Daxin Materials Co's value of 2.21 is 60.1% above this industry median. Based on the distribution chart, Daxin Materials Co ranks #451 out of 1606 companies in the Chemicals industry, which is above the industry midpoint. Overall, Daxin Materials Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daxin Materials Co ranks #451 out of 1606 companies for Quick Ratio. This puts Daxin Materials Co in the upper half of its industry. The industry median Quick Ratio is 1.38. Daxin Materials Co's value of 2.21 is 60.1% above this benchmark. Historically, Daxin Materials Co's own Quick Ratio has ranged from 1.75 to 2.36 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.38, Daxin Materials 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,606 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. Daxin Materials Co's current Quick Ratio of 2.21 is 60.1% 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 Daxin Materials Co and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daxin Materials Co's current Quick Ratio is 2.21, which is near median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$194.53, compared to a current price of NT$376.00 — trading 93.3% above its estimated fair value. The current Quick Ratio is 2.21, which is near median its 10-year median of 2.09 and 60.1% above the Chemicals industry median of 1.38. Daxin Materials Co's overall GF Score™ is 83/100. 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 Daxin Materials Co (TPE:5234), the current Quick Ratio is 2.21 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?
Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued.
The current stock price of NT$376.00 is trading 93.3% above its estimated GF Value™ of NT$194.53.
GuruFocus considers Daxin Materials Co to be Significantly Overvalued.
Key valuation signals for TPE:5234:
Quick Ratio: 2.21 (near median its 10-year median of 2.09)
GF Value™: NT$194.53 vs. price of NT$376.00 (93.3% above fair value)
Industry Position: 60.1% above the Chemicals median (#451 of 1606)
No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
83GF Score
Get the complete analysis for TPE:5234
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:5234 has been successfully added to your 
