Zhuzhou Times New Materials Technology Co has a quick ratio of 0.89. It indicates that the company cannot currently fully pay back its current liabilities.
SHSE:600458's Quick Ratio is ranked worse than 70.46% of 562
companies
in the Conglomerates industry
Industry Median: 1.19
vs SHSE:600458: 0.89
Zhuzhou Times New Materials Technology Co (SHSE:600458) 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.
Zhuzhou Times New Materials Technology Co Quick Ratio Related Terms
Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co Quick Ratio Chart
Zhuzhou Times New Materials Technology Co Annual Data
For the Conglomerates subindustry, Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co Quick Ratio vs Conglomerates Industry
Zhuzhou Times New Materials Technology 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.
Zhuzhou Times New Materials Technology Co (SHSE:600458) has a Quick Ratio of 0.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zhuzhou Times New Materials Technology Co and its competitors. This is 11% below median its historical median of 1.00. Over the past decade, Zhuzhou Times New Materials Technology Co's Quick Ratio has ranged from 0.84 to 1.24. According to the industry distribution chart, Zhuzhou Times New Materials Technology Co ranks #396 out of 562 companies in the Conglomerates industry, placing it in the top 70.5%.
Is Zhuzhou Times New Materials Technology Co's Quick Ratio too high?
Zhuzhou Times New Materials Technology Co's current Quick Ratio of 0.89 is 11% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.24. The Conglomerates industry median Quick Ratio is 1.19. Zhuzhou Times New Materials Technology Co's value of 0.89 is 25.2% below this industry median. Based on the distribution chart, Zhuzhou Times New Materials Technology Co ranks #396 out of 562 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Zhuzhou Times New Materials Technology Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhuzhou Times New Materials Technology Co's Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Zhuzhou Times New Materials Technology Co ranks #396 out of 562 companies for Quick Ratio. This places Zhuzhou Times New Materials Technology Co in the lower half of its industry. The industry median Quick Ratio is 1.19. Zhuzhou Times New Materials Technology Co's value of 0.89 is 25.2% below this benchmark. Historically, Zhuzhou Times New Materials Technology Co's own Quick Ratio has ranged from 0.84 to 1.24 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.19, Zhuzhou Times New Materials Technology Co has consistently been below 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 562 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. Zhuzhou Times New Materials Technology Co's current Quick Ratio of 0.89 is 25.2% below 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 Zhuzhou Times New Materials Technology Co and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhuzhou Times New Materials Technology Co's current Quick Ratio is 0.89, which is 11% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhuzhou Times New Materials Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhuzhou Times New Materials Technology Co (SHSE:600458) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.06, compared to a current price of ¥15.38 — trading 17.8% above its estimated fair value. The current Quick Ratio is 0.89, which is 11% below median its 10-year median of 1.00 and 25.2% below the Conglomerates industry median of 1.19. Zhuzhou Times New Materials Technology Co's overall GF Score™ is 77/100 with 9 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 Zhuzhou Times New Materials Technology Co (SHSE:600458), the current Quick Ratio is 0.89 as of Mar. 2026. 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 Zhuzhou Times New Materials Technology Co (SHSE:600458) Overvalued in 2026?
Based on GuruFocus' analysis, Zhuzhou Times New Materials Technology Co stock appears to be overvalued.
The current stock price of ¥15.38 is trading 17.8% above its estimated GF Value™ of ¥13.06.
GuruFocus considers Zhuzhou Times New Materials Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:600458:
Quick Ratio: 0.89 (11% below median its 10-year median of 1.00)
GF Value™: ¥13.06 vs. price of ¥15.38 (17.8% above fair value)
Industry Position: 25.2% below the Conglomerates median (#396 of 562)
No single metric tells the full story. See the SHSE:600458 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhuzhou Times New Materials Technology Co Business Description
Zhuzhou Times New Materials Technology Co Ltd is a China-based company mainly engaged in the research and development and engineering application of polymer materials such as vibration reduction, noise reduction, and lightweight. Its products are extended to rubber, plastics, composite materials and functional materials, mainly for rail transportation, automobiles, new energy and Special equipment and other fields.
77GF Score
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