Minfeng Special Paper Co (SHSE:600235) Receivables Turnover: 1.69 (As of Mar. 2026)

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SHSE:600235 Minfeng Special Paper Co Ltd SHSE:600235
51 GF Score
Price ¥5.64
GF Value ¥4.96
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Minfeng Special Paper Co Receivables Turnover?

Minfeng Special Paper Co SHSE:600235 -1.74% 51 Receivables Turnover is 1.69 as of Mar. 2026. GuruFocus rates SHSE:600235 with a GF Score™ of 51/100 and a GF Value™ of ¥4.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 281 Forest Products companies, Minfeng Special Paper Co ranks worse than 54.45% 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. Minfeng Special Paper Co's Revenue for the three months ended in Mar. 2026 was ¥334 Mil. Minfeng Special Paper Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥197 Mil. Hence, Minfeng Special Paper Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.69.


Minfeng Special Paper Co  (SHSE:600235) 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.


Minfeng Special Paper Co Receivables Turnover Related Terms


Minfeng Special Paper Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Minfeng Special Paper Co'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.

Minfeng Special Paper Co Receivables Turnover Chart

Minfeng Special Paper Co 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 5.75 6.02 6.12 6.69 6.73

Minfeng Special Paper Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.50 1.49 1.63 1.84 1.69

Minfeng Special Paper Co Receivables Turnover Competitor Comparison

For the Paper & Paper Products subindustry, Minfeng Special Paper Co'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.


Minfeng Special Paper Co Receivables Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Minfeng Special Paper Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Minfeng Special Paper Co's Receivables Turnover falls into.


SHSE:600235
51GF Score
Minfeng Special Paper Co Ltd SHSE:600235
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Minfeng Special Paper Co Receivables Turnover Calculation

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

Minfeng Special Paper Co'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 )
=1204.492 / ((181.299 + 176.52) / 2 )
=1204.492 / 178.9095
=6.73

Minfeng Special Paper Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=334.213 / ((176.52 + 218.206) / 2 )
=334.213 / 197.363
=1.69

* 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 1.69 mean?
Minfeng Special Paper Co (SHSE:600235) has a Receivables Turnover of 1.69 as of Mar. 2026. 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 Minfeng Special Paper Co and its competitors. According to the industry distribution chart, Minfeng Special Paper Co ranks #153 out of 281 companies in the Forest Products industry, placing it in the top 54.4%.
Is Minfeng Special Paper Co's Receivables Turnover too high?
Minfeng Special Paper Co's current Receivables Turnover is 1.69. The Forest Products industry median Receivables Turnover is 6.69. Minfeng Special Paper Co's value of 1.69 is 74.7% below this industry median. Based on the distribution chart, Minfeng Special Paper Co ranks #153 out of 281 companies in the Forest Products industry, which is below the industry midpoint. Overall, Minfeng Special Paper Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minfeng Special Paper Co's Receivables Turnover compare to competitors?
According to the Forest Products industry distribution chart, Minfeng Special Paper Co ranks #153 out of 281 companies for Receivables Turnover. This places Minfeng Special Paper Co in the lower half of its industry. The industry median Receivables Turnover is 6.69. Minfeng Special Paper Co's value of 1.69 is 74.7% 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 Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.69, based on 281 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. Minfeng Special Paper Co's current Receivables Turnover of 1.69 is 74.7% 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 Minfeng Special Paper Co and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minfeng Special Paper Co's current Receivables Turnover is 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minfeng Special Paper Co stock overvalued right now?
Based on GuruFocus' analysis, Minfeng Special Paper Co (SHSE:600235) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.96, compared to a current price of ¥5.64 — trading 13.7% above its estimated fair value. The current Receivables Turnover is 1.69 and 74.7% below the Forest Products industry median of 6.69. Minfeng Special Paper Co's overall GF Score™ is 51/100 with 8 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 Minfeng Special Paper Co (SHSE:600235), the current Receivables Turnover is 1.69 as of Mar. 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 Minfeng Special Paper Co (SHSE:600235) Overvalued in 2026?

Based on GuruFocus' analysis, Minfeng Special Paper Co stock appears to be overvalued. The current stock price of ¥5.64 is trading 13.7% above its estimated GF Value™ of ¥4.96. GuruFocus considers Minfeng Special Paper Co to be Modestly Overvalued.

Key valuation signals for SHSE:600235:

  • Receivables Turnover: 1.69
  • GF Value™: ¥4.96 vs. price of ¥5.64 (13.7% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 74.7% below the Forest Products median (#153 of 281)

No single metric tells the full story. See the SHSE:600235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minfeng Special Paper Co Business Description

Address No. 70, Luli Street, Zhejiang Province, Jiaxing, CHN, 314000
Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.
51GF Score

Get the complete analysis for SHSE:600235

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

¥5.64
Price
¥4.96
GF Value