China 33 Group (HKSE:08087) Receivables Turnover: 1.62 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:08087 China 33 Group Ltd HKSE:08087
38 GF Score
Price HK$2.38
GF Value HK$0.03
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is China 33 Group Receivables Turnover?

China 33 Group HKSE:08087 -0.21% 38 Receivables Turnover is 1.62 as of Dec. 2025. GuruFocus rates HKSE:08087 with a GF Score™ of 38/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 297 Credit Services companies, China 33 Group ranks worse than 67% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. China 33 Group's Revenue for the six months ended in Dec. 2025 was HK$20.38 Mil. China 33 Group's average Accounts Receivable for the six months ended in Dec. 2025 was HK$12.56 Mil. Hence, China 33 Group's Receivables Turnover for the six months ended in Dec. 2025 was 1.62.


China 33 Group  (HKSE:08087) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


China 33 Group Receivables Turnover Related Terms


China 33 Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China 33 Group's Receivables Turnover 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.

China 33 Group Receivables Turnover Chart

China 33 Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.08 1.33 0.73 1.44 3.36

China 33 Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover 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 0.31 0.51 0.78 1.46 1.62

HKSE:08087 vs V, MA, AXP: Receivables Turnover Comparison

For the Credit Services subindustry, China 33 Group's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China 33 Group Receivables Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, China 33 Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China 33 Group's Receivables Turnover falls into.


HKSE:08087
38GF Score
China 33 Group Ltd HKSE:08087
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China 33 Group Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

China 33 Group's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=39.937 / ((12.589 + 11.164) / 2 )
=39.937 / 11.8765
=3.36

China 33 Group's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=20.376 / ((13.963 + 11.164) / 2 )
=20.376 / 12.5635
=1.62

* 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 Receivables Turnover →
What does a Receivables Turnover of 1.62 mean?
China 33 Group (HKSE:08087) has a Receivables Turnover of 1.62 as of Dec. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on China 33 Group and its competitors. According to the industry distribution chart, China 33 Group ranks #199 out of 297 companies in the Credit Services industry, placing it in the top 67%.
Is China 33 Group's Receivables Turnover too high?
China 33 Group's current Receivables Turnover is 1.62. The Credit Services industry median Receivables Turnover is 8.81. China 33 Group's value of 1.62 is 81.6% below this industry median. Based on the distribution chart, China 33 Group ranks #199 out of 297 companies in the Credit Services industry, which is below the industry midpoint. Overall, China 33 Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China 33 Group's Receivables Turnover compare to V and MA?
According to the Credit Services industry distribution chart, China 33 Group ranks #199 out of 297 companies for Receivables Turnover. This places China 33 Group in the lower half of its industry. The industry median Receivables Turnover is 8.81. China 33 Group's value of 1.62 is 81.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Credit Services company?
The median Receivables Turnover among Credit Services companies is 8.81, based on 297 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China 33 Group's current Receivables Turnover of 1.62 is 81.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on China 33 Group and its competitors. For the Credit Services industry, the median Receivables Turnover is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China 33 Group's current Receivables Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China 33 Group stock overvalued right now?
Based on GuruFocus' analysis, China 33 Group (HKSE:08087) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$2.38 — trading 7833.3% above its estimated fair value. The current Receivables Turnover is 1.62 and 81.6% below the Credit Services industry median of 8.81. China 33 Group's overall GF Score™ is 38/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For China 33 Group (HKSE:08087), the current Receivables Turnover is 1.62 as of Dec. 2025. 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 China 33 Group (HKSE:08087) Overvalued in 2026?

Based on GuruFocus' analysis, China 33 Group stock appears to be overvalued. The current stock price of HK$2.38 is trading 7833.3% above its estimated GF Value™ of HK$0.03. GuruFocus considers China 33 Group to be Significantly Overvalued.

Key valuation signals for HKSE:08087:

  • Receivables Turnover: 1.62
  • GF Value™: HK$0.03 vs. price of HK$2.38 (7833.3% above fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 81.6% below the Credit Services median (#199 of 297)

No single metric tells the full story. See the HKSE:08087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China 33 Group Business Description

Address 5 Canton Road, Suite 710, 7th Floor, Ocean Centre, Tsimshatsui, Kowloon, Harbour City, Hong Kong, HKG
China 33 Group Ltd, formerly known as China 33 Media Group Ltd, is an investment holding company. Along with its subsidiaries, the company operates in the following reportable segments: printed media advertising, outdoor and digital advertising, film and entertainment investment, and prepaid cards. The company derives a majority of its revenue from the prepaid cards segment, which generates income in the form of transaction fees earned from participating service providers for the use of the prepaid cards by cardholders and other card-related fees upon the provision of services. Geographically, it derives maximum revenue from Hong Kong.
38GF Score

Get the complete analysis for HKSE:08087

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

HK$2.38
Price
HK$0.03
GF Value