• Hong Kong & China Gas average quick ratio for 2023 was 0.68, a 15.25% decline from 2022.
• Hong Kong & China Gas average quick ratio for 2022 was 0.59, a 13.46% increase from 2021.
• Hong Kong & China Gas average quick ratio for 2021 was 0.52, a 18.75% increase from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.