Quick ratio is an indicator of a company’s short-term liquidity which is calculated as (Current Assets-Inventories)/Current Liabilities. Generally speaking, a high quick ratio indicates the company is in comfortable position liquidity wise.

Inventory is excluded because some companies have difficulty turning their inventory into cash. In the event that short-term obligations need to be paid off immediately, there are situations in which the current ratio, which includes such assets, would overestimate a company's short-term financial strength.

The following 20 US-listed Chinese companies are outstanding in terms of quick ratio,  towering above the rest. Although some companies’ financial results are suspicious, we have to say as a whole these companies a long way from liquidity shortage.

1, Ctrip (NASDAQ: CTRP), 28.97

2, Renren (NYSE: RENN), 16.99

3, 3SBio (NASDAQ: SSRX), 15.29

4, Le Gaga (NASDAQ: GAGA), 10.83

5, Ninetowns Internet Technology (NASDAQ: NINE), 9.92

6, NQ Mobile (NYSE: NQ), 9.41

7, Lihua International (NASDAQ: LIWA), 9.32

8, CNinsure (NASDAQ: CISG), 9.17

9, Actions Semiconductor (NASDAQ: ACTS), 8.79

10, eLong (NASDAQ:LONG), 8.48

11, O2Micro (NASDAQ: OIIM), 8.41

12, Qihoo 360 Technology (NYSE:QIHU), 7.68

13, 3SBio (NASDAQ: SSRX), 7.61

14, Techfaith Wireless Technology (NASDAQ: CNTF), 7.16

15, Xiniya Fashion (NYSE: XNY), 7.01

16, Noah (NYSE: NOAH), 6.65

17, Zuoan Fashion (NYSE: ZA), 6.59

18, Youku (NYSE: YOKU), 6.47

19, Nuokang Bio Pharmaceutical (NASDAQ:NKBP), 6.12

20, NetEase (NASDAQ: NTES), 5.82