Hangxiao Steel Structure Co (SHSE:600477) Change In Receivables: ¥0 Mil (TTM As of Jun. 2026)

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SHSE:600477 Hangxiao Steel Structure Co Ltd SHSE:600477
51 GF Score
Price ¥2.45
GF Value ¥1.77
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hangxiao Steel Structure Co Change In Receivables?

Hangxiao Steel Structure Co SHSE:600477 -2.00% 51 Change In Receivables is ¥0 Mil as of Jun. 2026. GuruFocus rates SHSE:600477 with a GF Score™ of 51/100 and a GF Value™ of ¥1.77 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Hangxiao Steel Structure Co's change in receivables for the quarter that ended in Jun. 2026 was ¥0 Mil. It means Hangxiao Steel Structure Co's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Hangxiao Steel Structure Co's change in receivables for the fiscal year that ended in Dec. 2025 was ¥-118 Mil. It means Hangxiao Steel Structure Co's Accounts Receivable increased by ¥118 Mil from Dec. 2024 to Dec. 2025 .

Hangxiao Steel Structure Co's Accounts Receivable for the quarter that ended in Jun. 2026 was ¥2,053 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Hangxiao Steel Structure Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 112.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hangxiao Steel Structure Co's liquidation value for the three months ended in Jun. 2026 was ¥-6,436 Mil.

Hangxiao Steel Structure Co  (SHSE:600477) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Hangxiao Steel Structure Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2053.279/1664.402*91
=112.57

2. In Ben Graham's calculation of liquidation value, Hangxiao Steel Structure Co's accounts receivable are only considered to be worth 75% of book value:

Hangxiao Steel Structure Co's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=554.103-8777.654+0.75 * 2053.279+0.5 * 495.552
=-6,436

* 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.

Hangxiao Steel Structure Co Change In Receivables Related Terms

Hangxiao Steel Structure Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hangxiao Steel Structure Co's Change In Receivables can be seen below:

* 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.

Hangxiao Steel Structure Co Change In Receivables Chart

Hangxiao Steel Structure Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -462.08 -898.41 -1,512.26 76.62 -117.91

Hangxiao Steel Structure Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
SHSE:600477
51GF Score
Hangxiao Steel Structure Co Ltd SHSE:600477
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangxiao Steel Structure Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ¥0 Mil mean?
Hangxiao Steel Structure Co (SHSE:600477) has a Change In Receivables of ¥0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hangxiao Steel Structure Co and its competitors.
Is Hangxiao Steel Structure Co's Change In Receivables too high?
Hangxiao Steel Structure Co's current Change In Receivables is ¥0 Mil. Overall, Hangxiao Steel Structure Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangxiao Steel Structure Co's Change In Receivables compare to PWR and FIX?
Hangxiao Steel Structure Co's Change In Receivables of ¥0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Construction company?
A good Change In Receivables depends on the Construction industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hangxiao Steel Structure Co and its competitors. Hangxiao Steel Structure Co's current Change In Receivables is ¥0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangxiao Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co (SHSE:600477) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.77, compared to a current price of ¥2.45 — trading 38.4% above its estimated fair value. The current Change In Receivables is ¥0 Mil. Hangxiao Steel Structure Co's overall GF Score™ is 51/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Hangxiao Steel Structure Co (SHSE:600477), the current Change In Receivables is ¥0 Mil as of Jun. 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 Hangxiao Steel Structure Co (SHSE:600477) Overvalued in 2026?

Based on GuruFocus' analysis, Hangxiao Steel Structure Co stock appears to be overvalued. The current stock price of ¥2.45 is trading 38.4% above its estimated GF Value™ of ¥1.77. GuruFocus considers Hangxiao Steel Structure Co to be Significantly Overvalued.

Key valuation signals for SHSE:600477:

  • Change In Receivables: ¥0 Mil
  • GF Value™: ¥1.77 vs. price of ¥2.45 (38.4% above fair value)
  • GF Score™: 51/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hangxiao Steel Structure Co Business Description

Address Middle Zhonghe Road, Floor 3,5,7, Ruifeng Building, No. 258, Hangzhou, Zhejiang, CHN, 310003
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
51GF Score

Get the complete analysis for SHSE:600477

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.45
Price
¥1.77
GF Value