Nidec Chaun-Choung Technology has a quick ratio of 1.62. It generally indicates good short-term financial strength.
The historical rank and industry rank for Nidec Chaun-Choung Technology's Quick Ratio or its related term are showing as below:
TPE:6230'
s Quick Ratio Range Over the Past 10 Years
Min: 1.32 Med: 1.59 Max: 1.75
Current: 1.62
During the past 13 years, Nidec Chaun-Choung Technology's highest Quick Ratio was 1.75. The lowest was 1.32. And the median was 1.59.
TPE:6230's Quick Ratio is ranked better than 56.19% of 2495
companies
in the Hardware industry
Industry Median: 1.46
vs TPE:6230: 1.62
Nidec Chaun-Choung Technology (TPE:6230) 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.
Nidec Chaun-Choung Technology Quick Ratio Related Terms
Nidec Chaun-Choung Technology 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 Electronic Components subindustry, Nidec Chaun-Choung Technology'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.
Nidec Chaun-Choung Technology Quick Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Nidec Chaun-Choung Technology's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Nidec Chaun-Choung Technology's Quick Ratio falls into.
Nidec Chaun-Choung Technology 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.
Nidec Chaun-Choung Technology (TPE:6230) has a Quick Ratio of 1.62 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Nidec Chaun-Choung Technology and its competitors. This is near median its historical median of 1.59. Over the past decade, Nidec Chaun-Choung Technology's Quick Ratio has ranged from 1.32 to 1.75. According to the industry distribution chart, Nidec Chaun-Choung Technology ranks #1093 out of 2495 companies in the Hardware industry, placing it in the top 43.8%.
Is Nidec Chaun-Choung Technology's Quick Ratio too high?
Nidec Chaun-Choung Technology's current Quick Ratio of 1.62 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 1.75. The Hardware industry median Quick Ratio is 1.46. Nidec Chaun-Choung Technology's value of 1.62 is 11% above this industry median. Based on the distribution chart, Nidec Chaun-Choung Technology ranks #1093 out of 2495 companies in the Hardware industry, which is above the industry midpoint. Overall, Nidec Chaun-Choung Technology has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nidec Chaun-Choung Technology's Quick Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Nidec Chaun-Choung Technology ranks #1093 out of 2495 companies for Quick Ratio. This puts Nidec Chaun-Choung Technology in the upper half of its industry. The industry median Quick Ratio is 1.46. Nidec Chaun-Choung Technology's value of 1.62 is 11% above this benchmark. Historically, Nidec Chaun-Choung Technology's own Quick Ratio has ranged from 1.32 to 1.75 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.46, Nidec Chaun-Choung Technology 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,495 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. Nidec Chaun-Choung Technology's current Quick Ratio of 1.62 is 11% 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 Nidec Chaun-Choung Technology and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidec Chaun-Choung Technology's current Quick Ratio is 1.62, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidec Chaun-Choung Technology stock overvalued right now?
Based on GuruFocus' analysis, Nidec Chaun-Choung Technology (TPE:6230) is currently considered Fairly Valued. The stock's GF Value™ is NT$135.07, compared to a current price of NT$125.00 — trading 7.5% below its estimated fair value. The current Quick Ratio is 1.62, which is near median its 10-year median of 1.59 and 11% above the Hardware industry median of 1.46. Nidec Chaun-Choung Technology's overall GF Score™ is 76/100 with 2 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 Nidec Chaun-Choung Technology (TPE:6230), the current Quick Ratio is 1.62 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 Nidec Chaun-Choung Technology (TPE:6230) Overvalued in 2026?
Based on GuruFocus' analysis, Nidec Chaun-Choung Technology stock appears to be undervalued.
The current stock price of NT$125.00 is trading 7.5% below its estimated GF Value™ of NT$135.07.
GuruFocus considers Nidec Chaun-Choung Technology to be Fairly Valued.
Key valuation signals for TPE:6230:
Quick Ratio: 1.62 (near median its 10-year median of 1.59)
GF Value™: NT$135.07 vs. price of NT$125.00 (7.5% below fair value)
Industry Position: 11% above the Hardware median (#1093 of 2495)
No single metric tells the full story. See the TPE:6230 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nidec Chaun-Choung Technology Business Description
Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipes and thermal modules. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Singapore; Taiwan; Malaysia and other countries. It generates maximum revenue from a thermal module.
76GF Score
Get the complete analysis for TPE:6230
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