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Changjiang & Jinggong Steel Building (Group) Co Ltd SHSE:600496
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.
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 Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Receivables Turnover | Get a 7-Day Free Trial |
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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 |
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1.40 | 1.22 | 1.51 | 1.09 | 1.04 | ||
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.
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.
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.
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:
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.
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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