Shanghai Newtouch Software Co

Shanghai Newtouch Software Co Quick Ratio

The Quick Ratio (Acid Test) of Shanghai Newtouch Software Co (688590.SS) as of Oct 16, 2026 is 0.92. In the previous year, Quick Ratio (Acid Test) was 1.57 — a change of -41.28% (lower).

Quick Ratio

0.92

YoY

-41.28%

Last updated:

Quick Ratio (Acid Test) of Shanghai Newtouch Software Co is 2025 0.92 . Quick Ratio (Acid Test) of Shanghai Newtouch Software Co was 2024 1.57 . It decreases by -41.28% lower compared to the previous year.

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Shanghai Newtouch Software Co Stock analysis

What does Shanghai Newtouch Software Co do? Shanghai Newtouch Software Co Ltd is a technology company based in Shanghai, China, operating within the Information Technology sector. The company provides general and customized information solutions, focusing on IT services including IT operation and maintenance for financial institutions such as banks and insurance companies, as well as other industry end customers. It also offers software project subcontracting services to primary software contractors. Shanghai Newtouch Software Co Ltd completed its initial public offering (IPO) on December 7, 2020, and is listed under the ticker 688590.SS on the Shanghai Stock Exchange. The company has 6,595 employees and maintains a corporate website at https://www.newtouch.com/. Its business activities are conducted primarily within China, with some operations extending to overseas markets. The company's headquarters is located in Shanghai, and it serves a range of clients in the financial and technology sectors. As a publicly traded entity, it is subject to regulatory disclosures and reporting requirements typical for companies listed on Chinese exchanges. The firm's services are tailored to meet the specific needs of its clients, emphasizing IT solutions and maintenance services for the financial industry. Shanghai Newtouch Software Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shanghai Newtouch Software Co stock

Quick Ratio (Acid Test) of Shanghai Newtouch Software Co is 0.92 in 2025.

Quick Ratio (Acid Test) of Shanghai Newtouch Software Co changed from 1.57 to 0.92, representing a -41.28% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Shanghai Newtouch Software 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 Newtouch Software Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Shanghai Newtouch Software Co

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