Shanghai New World Co

Shanghai New World Co Quick Ratio

The Quick Ratio (Acid Test) of Shanghai New World Co (600628.SS) as of Oct 29, 2026 is 0.03. In the previous year, Quick Ratio (Acid Test) was 1.45 — a change of -97.89% (lower).

Quick Ratio

0.03

YoY

-97.89%

Last updated:

Quick Ratio (Acid Test) of Shanghai New World Co is 2025 0.03 . Quick Ratio (Acid Test) of Shanghai New World Co was 2024 1.45 . It decreases by -97.89% lower compared to the previous year.

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Shanghai New World Co Stock analysis

What does Shanghai New World Co do? Shanghai New World Co Ltd operates as a department store retailer in Shanghai, China, offering a wide range of products including apparel, cosmetics, jewelry, electronics, and household goods. The company, listed on the stock market since 1993, employs 1,231 people and serves primarily the Shanghai market with its diverse retail offerings. Shanghai New World Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shanghai New World Co stock

Quick Ratio (Acid Test) of Shanghai New World Co is 0.03 in 2025.

Quick Ratio (Acid Test) of Shanghai New World Co changed from 1.45 to 0.03, representing a -97.89% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Shanghai New World Co since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Shanghai New World Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Shanghai New World Co

All Key Metrics — Shanghai New World Co