Zijin Longking Co (SHSE:600388) Receivables Turnover: 0.68 (As of Jun. 2026)

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SHSE:600388 Zijin Longking Co Ltd SHSE:600388
82 GF Score
Price ¥17.59
GF Value ¥15.09
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Zijin Longking Co Receivables Turnover?

Zijin Longking Co SHSE:600388 -0.17% 82 Receivables Turnover is 0.68 as of Jun. 2026. GuruFocus rates SHSE:600388 with a GF Score™ of 82/100 and a GF Value™ of ¥15.09 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,046 Industrial Products companies, Zijin Longking Co ranks worse than 75.61% 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. Zijin Longking Co's Revenue for the three months ended in Jun. 2026 was ¥3,010 Mil. Zijin Longking Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥4,424 Mil. Hence, Zijin Longking Co's Receivables Turnover for the three months ended in Jun. 2026 was 0.68.


Zijin Longking Co  (SHSE:600388) 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.


Zijin Longking Co Receivables Turnover Related Terms


Zijin Longking Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zijin Longking 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.

Zijin Longking Co Receivables Turnover Chart

Zijin Longking 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 4.12 4.08 3.59 3.06 3.18

Zijin Longking Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.71 0.79 0.99 0.59 0.68

SHSE:600388 vs VLTO, ZWS, CECO: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, Zijin Longking 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.


Zijin Longking Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zijin Longking Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zijin Longking Co's Receivables Turnover falls into.


SHSE:600388
82GF Score
Zijin Longking Co Ltd SHSE:600388
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zijin Longking Co Receivables Turnover Calculation

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

Zijin Longking 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 )
=11872.436 / ((3429.845 + 4030.267) / 2 )
=11872.436 / 3730.056
=3.18

Zijin Longking Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=3009.899 / ((3989.418 + 4857.818) / 2 )
=3009.899 / 4423.618
=0.68

* 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 0.68 mean?
Zijin Longking Co (SHSE:600388) has a Receivables Turnover of 0.68 as of Jun. 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 Zijin Longking Co and its competitors. According to the industry distribution chart, Zijin Longking Co ranks #2303 out of 3046 companies in the Industrial Products industry, placing it in the top 75.6%.
Is Zijin Longking Co's Receivables Turnover too high?
Zijin Longking Co's current Receivables Turnover is 0.68. The Industrial Products industry median Receivables Turnover is 4.52. Zijin Longking Co's value of 0.68 is 85% below this industry median. Based on the distribution chart, Zijin Longking Co ranks #2303 out of 3046 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Zijin Longking Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zijin Longking Co's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Zijin Longking Co ranks #2303 out of 3046 companies for Receivables Turnover. This places Zijin Longking Co in the lower half of its industry. The industry median Receivables Turnover is 4.52. Zijin Longking Co's value of 0.68 is 85% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.52, based on 3,046 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. Zijin Longking Co's current Receivables Turnover of 0.68 is 85% 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 Zijin Longking Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zijin Longking Co's current Receivables Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zijin Longking Co stock overvalued right now?
Based on GuruFocus' analysis, Zijin Longking Co (SHSE:600388) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥15.09, compared to a current price of ¥17.59 — trading 16.6% above its estimated fair value. The current Receivables Turnover is 0.68 and 85% below the Industrial Products industry median of 4.52. Zijin Longking Co's overall GF Score™ is 82/100 with 3 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 Zijin Longking Co (SHSE:600388), the current Receivables Turnover is 0.68 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 Zijin Longking Co (SHSE:600388) Overvalued in 2026?

Based on GuruFocus' analysis, Zijin Longking Co stock appears to be overvalued. The current stock price of ¥17.59 is trading 16.6% above its estimated GF Value™ of ¥15.09. GuruFocus considers Zijin Longking Co to be Modestly Overvalued.

Key valuation signals for SHSE:600388:

  • Receivables Turnover: 0.68
  • GF Value™: ¥15.09 vs. price of ¥17.59 (16.6% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 85% below the Industrial Products median (#2303 of 3046)

No single metric tells the full story. See the SHSE:600388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zijin Longking Co Business Description

Address No. 81 Lingyuan Road, Xinluo District, Longyan, Fujian, CHN, 364000
Fujian Longking Co Ltd is a atmospheric environmental protection equipment manufacturing company.It researches, develops, manufactures, and sells electrostatic precipitators, flue gas desulfuration units, air pollution control equipment, and other environmental protection products.
82GF Score

Get the complete analysis for SHSE:600388

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

¥17.59
Price
¥15.09
GF Value