Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Receivables Turnover: 1.04 (As of Jun. 2026)

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SHSE:600496 Changjiang & Jinggong Steel Building (Group) Co Ltd SHSE:600496
84 GF Score
Price ¥3.33
GF Value ¥3.80
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Changjiang & Jinggong Steel Building (Group) Co Receivables Turnover?

Changjiang & Jinggong Steel Building (Group) Co SHSE:600496 -0.30% 84 Receivables Turnover is 1.04 as of Jun. 2026. GuruFocus rates SHSE:600496 with a GF Score™ of 84/100 and a GF Value™ of ¥3.80 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,772 Construction companies, Changjiang & Jinggong Steel Building (Group) Co ranks worse than 50.11% 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. Changjiang & Jinggong Steel Building (Group) Co's Revenue for the three months ended in Jun. 2026 was ¥4,822 Mil. Changjiang & Jinggong Steel Building (Group) Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥4,658 Mil. Hence, Changjiang & Jinggong Steel Building (Group) Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.04.


Changjiang & Jinggong Steel Building (Group) Co  (SHSE:600496) 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.


Changjiang & Jinggong Steel Building (Group) Co Receivables Turnover Related Terms


Changjiang & Jinggong Steel Building (Group) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Changjiang & Jinggong Steel Building (Group) 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.

Changjiang & Jinggong Steel Building (Group) Co Receivables Turnover Chart

Changjiang & Jinggong Steel Building (Group) 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 6.95 6.27 5.55 5.12 4.94

Changjiang & Jinggong Steel Building (Group) 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 1.40 1.22 1.51 1.09 1.04

SHSE:600496 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Changjiang & Jinggong Steel Building (Group) 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.


Changjiang & Jinggong Steel Building (Group) Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Changjiang & Jinggong Steel Building (Group) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Changjiang & Jinggong Steel Building (Group) Co's Receivables Turnover falls into.


SHSE:600496
84GF Score
Changjiang & Jinggong Steel Building (Group) Co Ltd SHSE:600496
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Changjiang & Jinggong Steel Building (Group) Co Receivables Turnover Calculation

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

Changjiang & Jinggong Steel Building (Group) 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 )
=20838.279 / ((3991.105 + 4452.314) / 2 )
=20838.279 / 4221.7095
=4.94

Changjiang & Jinggong Steel Building (Group) 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 )
=4821.769 / ((4412.27 + 4904.692) / 2 )
=4821.769 / 4658.481
=1.04

* 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 1.04 mean?
Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) has a Receivables Turnover of 1.04 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 Changjiang & Jinggong Steel Building (Group) Co and its competitors. According to the industry distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #888 out of 1772 companies in the Construction industry, placing it in the top 50.1%.
Is Changjiang & Jinggong Steel Building (Group) Co's Receivables Turnover too high?
Changjiang & Jinggong Steel Building (Group) Co's current Receivables Turnover is 1.04. The Construction industry median Receivables Turnover is 4.84. Changjiang & Jinggong Steel Building (Group) Co's value of 1.04 is 78.5% below this industry median. Based on the distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #888 out of 1772 companies in the Construction industry, which is below the industry midpoint. Overall, Changjiang & Jinggong Steel Building (Group) Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changjiang & Jinggong Steel Building (Group) Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Changjiang & Jinggong Steel Building (Group) Co ranks #888 out of 1772 companies for Receivables Turnover. This places Changjiang & Jinggong Steel Building (Group) Co in the lower half of its industry. The industry median Receivables Turnover is 4.84. Changjiang & Jinggong Steel Building (Group) Co's value of 1.04 is 78.5% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.84, based on 1,772 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. Changjiang & Jinggong Steel Building (Group) Co's current Receivables Turnover of 1.04 is 78.5% 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 Changjiang & Jinggong Steel Building (Group) Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changjiang & Jinggong Steel Building (Group) Co's current Receivables Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changjiang & Jinggong Steel Building (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.80, compared to a current price of ¥3.33 — trading 12.4% below its estimated fair value. The current Receivables Turnover is 1.04 and 78.5% below the Construction industry median of 4.84. Changjiang & Jinggong Steel Building (Group) Co's overall GF Score™ is 84/100 with 9 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 Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496), the current Receivables Turnover is 1.04 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 Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Overvalued in 2026?

Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co stock appears to be undervalued. The current stock price of ¥3.33 is trading 12.4% below its estimated GF Value™ of ¥3.80. GuruFocus considers Changjiang & Jinggong Steel Building (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600496:

  • Receivables Turnover: 1.04
  • GF Value™: ¥3.80 vs. price of ¥3.33 (12.4% below fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 78.5% below the Construction median (#888 of 1772)

No single metric tells the full story. See the SHSE:600496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changjiang & Jinggong Steel Building (Group) Co Business Description

Address Chang Jiang Jing Gong Industrial Park, Economic and Technological Development Zone, Anhui, Liu\'an, CHN, 237161
Changjiang & Jinggong Steel Building (Group) Co Ltd is a China-based company engaged in the design, production, construction, and engineering services of steel construction and enclosure system. Its main products include light steel structures, space large span steel structures, high-rise steel structures, envelope systems and fasteners, as well as curtain wall systems. The company mainly operates its businesses in the domestic and overseas markets.
84GF Score

Get the complete analysis for SHSE:600496

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

¥3.33
Price
¥3.80
GF Value