Shanghai Lingang Holdings (SHSE:600848) Receivables Turnover: 2.25 (As of Mar. 2026)

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.

SHSE:600848 Shanghai Lingang Holdings Corp Ltd SHSE:600848
67 GF Score
Price ¥8.52
GF Value ¥10.66
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Shanghai Lingang Holdings Receivables Turnover?

Shanghai Lingang Holdings SHSE:600848 -0.93% 67 Receivables Turnover is 2.25 as of Mar. 2026. GuruFocus rates SHSE:600848 with a GF Score™ of 67/100 and a GF Value™ of ¥10.66 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,670 Real Estate companies, Shanghai Lingang Holdings ranks better than 53.59% 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. Shanghai Lingang Holdings's Revenue for the three months ended in Mar. 2026 was ¥1,407 Mil. Shanghai Lingang Holdings's average Accounts Receivable for the three months ended in Mar. 2026 was ¥624 Mil. Hence, Shanghai Lingang Holdings's Receivables Turnover for the three months ended in Mar. 2026 was 2.25.


Shanghai Lingang Holdings  (SHSE:600848) 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.


Shanghai Lingang Holdings Receivables Turnover Related Terms


Shanghai Lingang Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Lingang Holdings'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.

Shanghai Lingang Holdings Receivables Turnover Chart

Shanghai Lingang Holdings 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 29.94 28.36 33.63 21.18 11.37

Shanghai Lingang Holdings 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 2.18 1.82 1.61 6.54 2.25

SHSE:600848 vs CBRE, BEKE, JLL: Receivables Turnover Comparison

For the Real Estate Services subindustry, Shanghai Lingang Holdings'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.


Shanghai Lingang Holdings Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Lingang Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Lingang Holdings's Receivables Turnover falls into.


SHSE:600848
67GF Score
Shanghai Lingang Holdings Corp Ltd SHSE:600848
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Lingang Holdings Receivables Turnover Calculation

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

Shanghai Lingang Holdings'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 )
=7937.309 / ((812.921 + 583.559) / 2 )
=7937.309 / 698.24
=11.37

Shanghai Lingang Holdings'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 )
=1406.7 / ((583.559 + 665.135) / 2 )
=1406.7 / 624.347
=2.25

* 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 2.25 mean?
Shanghai Lingang Holdings (SHSE:600848) has a Receivables Turnover of 2.25 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 Shanghai Lingang Holdings and its competitors. According to the industry distribution chart, Shanghai Lingang Holdings ranks #775 out of 1670 companies in the Real Estate industry, placing it in the top 46.4%.
Is Shanghai Lingang Holdings' Receivables Turnover too high?
Shanghai Lingang Holdings' current Receivables Turnover is 2.25. The Real Estate industry median Receivables Turnover is 10.61. Shanghai Lingang Holdings' value of 2.25 is 78.8% below this industry median. Based on the distribution chart, Shanghai Lingang Holdings ranks #775 out of 1670 companies in the Real Estate industry, which is above the industry midpoint. Overall, Shanghai Lingang Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lingang Holdings' Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Shanghai Lingang Holdings ranks #775 out of 1670 companies for Receivables Turnover. This puts Shanghai Lingang Holdings in the upper half of its industry. The industry median Receivables Turnover is 10.61. Shanghai Lingang Holdings' value of 2.25 is 78.8% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.61, based on 1,670 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. Shanghai Lingang Holdings's current Receivables Turnover of 2.25 is 78.8% 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 Shanghai Lingang Holdings and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Lingang Holdings's current Receivables Turnover is 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lingang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lingang Holdings (SHSE:600848) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.66, compared to a current price of ¥8.52 — trading 20.1% below its estimated fair value. The current Receivables Turnover is 2.25 and 78.8% below the Real Estate industry median of 10.61. Shanghai Lingang Holdings' overall GF Score™ is 67/100 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 Shanghai Lingang Holdings (SHSE:600848), the current Receivables Turnover is 2.25 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 Shanghai Lingang Holdings (SHSE:600848) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Lingang Holdings stock appears to be undervalued. The current stock price of ¥8.52 is trading 20.1% below its estimated GF Value™ of ¥10.66. GuruFocus considers Shanghai Lingang Holdings to be Modestly Undervalued.

Key valuation signals for SHSE:600848:

  • Receivables Turnover: 2.25
  • GF Value™: ¥10.66 vs. price of ¥8.52 (20.1% below fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 78.8% below the Real Estate median (#775 of 1670)

No single metric tells the full story. See the SHSE:600848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Lingang Holdings Business Description

Other Exchanges 900928:China
Address No. 1515 Haigang Avenue, 9th Floor, T2 Building, Chuangjing Technology Center, Pudong New Area, Shanghai, CHN, 201306
Shanghai Lingang Holdings Corp Ltd is a real estate company. It provides operations and production services for industrial carriers, park development, and other integrated park services. The types of industrial carriers developed include R&D buildings, headquarters commercial buildings, and bonded logistics warehouses.
67GF Score

Get the complete analysis for SHSE:600848

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

¥8.52
Price
¥10.66
GF Value