China Three Gorges Renewables (Group) Co (SHSE:600905) Receivables Turnover: 0.14 (As of Mar. 2026)

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SHSE:600905 China Three Gorges Renewables (Group) Co Ltd SHSE:600905
73 GF Score
Price ¥3.77
GF Value ¥4.57
Valuation Modestly Undervalued
! 10 Warning Signs
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What is China Three Gorges Renewables (Group) Co Receivables Turnover?

China Three Gorges Renewables (Group) Co SHSE:600905 -0.26% 73 Receivables Turnover is 0.14 as of Mar. 2026. GuruFocus rates SHSE:600905 with a GF Score™ of 73/100 and a GF Value™ of ¥4.57 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 419 Utilities - Independent Power Producers companies, China Three Gorges Renewables (Group) Co ranks worse than 94.27% 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. China Three Gorges Renewables (Group) Co's Revenue for the three months ended in Mar. 2026 was ¥6,948 Mil. China Three Gorges Renewables (Group) Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥49,476 Mil. Hence, China Three Gorges Renewables (Group) Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.14.


China Three Gorges Renewables (Group) Co  (SHSE:600905) 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.


China Three Gorges Renewables (Group) Co Receivables Turnover Related Terms


China Three Gorges Renewables (Group) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China Three Gorges Renewables (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.

China Three Gorges Renewables (Group) Co Receivables Turnover Chart

China Three Gorges Renewables (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 1.04 1.04 0.84 0.73 0.61

China Three Gorges Renewables (Group) 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 0.17 0.15 0.14 0.15 0.14

China Three Gorges Renewables (Group) Co Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, China Three Gorges Renewables (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.


China Three Gorges Renewables (Group) Co Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Three Gorges Renewables (Group) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Three Gorges Renewables (Group) Co's Receivables Turnover falls into.


SHSE:600905
73GF Score
China Three Gorges Renewables (Group) Co Ltd SHSE:600905
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Three Gorges Renewables (Group) Co Receivables Turnover Calculation

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

China Three Gorges Renewables (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 )
=28399.42 / ((44757.747 + 48253.225) / 2 )
=28399.42 / 46505.486
=0.61

China Three Gorges Renewables (Group) 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 )
=6948.044 / ((48253.225 + 50698.729) / 2 )
=6948.044 / 49475.977
=0.14

* 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 0.14 mean?
China Three Gorges Renewables (Group) Co (SHSE:600905) has a Receivables Turnover of 0.14 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 China Three Gorges Renewables (Group) Co and its competitors. According to the industry distribution chart, China Three Gorges Renewables (Group) Co ranks #395 out of 419 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.3%.
Is China Three Gorges Renewables (Group) Co's Receivables Turnover too high?
China Three Gorges Renewables (Group) Co's current Receivables Turnover is 0.14. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.70. China Three Gorges Renewables (Group) Co's value of 0.14 is 97.5% below this industry median. Based on the distribution chart, China Three Gorges Renewables (Group) Co ranks #395 out of 419 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, China Three Gorges Renewables (Group) Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Three Gorges Renewables (Group) Co's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, China Three Gorges Renewables (Group) Co ranks #395 out of 419 companies for Receivables Turnover. This places China Three Gorges Renewables (Group) Co in the lower half of its industry. The industry median Receivables Turnover is 5.70. China Three Gorges Renewables (Group) Co's value of 0.14 is 97.5% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.70, based on 419 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. China Three Gorges Renewables (Group) Co's current Receivables Turnover of 0.14 is 97.5% 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 China Three Gorges Renewables (Group) Co and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Three Gorges Renewables (Group) Co's current Receivables Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Three Gorges Renewables (Group) Co stock overvalued right now?
Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co (SHSE:600905) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.57, compared to a current price of ¥3.77 — trading 17.5% below its estimated fair value. The current Receivables Turnover is 0.14 and 97.5% below the Utilities - Independent Power Producers industry median of 5.70. China Three Gorges Renewables (Group) Co's overall GF Score™ is 73/100 with 10 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 China Three Gorges Renewables (Group) Co (SHSE:600905), the current Receivables Turnover is 0.14 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 China Three Gorges Renewables (Group) Co (SHSE:600905) Overvalued in 2026?

Based on GuruFocus' analysis, China Three Gorges Renewables (Group) Co stock appears to be undervalued. The current stock price of ¥3.77 is trading 17.5% below its estimated GF Value™ of ¥4.57. GuruFocus considers China Three Gorges Renewables (Group) Co to be Modestly Undervalued.

Key valuation signals for SHSE:600905:

  • Receivables Turnover: 0.14
  • GF Value™: ¥4.57 vs. price of ¥3.77 (17.5% below fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 97.5% below the Utilities - Independent Power Producers median (#395 of 419)

No single metric tells the full story. See the SHSE:600905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Three Gorges Renewables (Group) Co Business Description

Address No. 2, Liangshi Street, Building 5, Chengda Center, Tongzhou District, Beijing, CHN, 101199
China Three Gorges Renewables is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants, and energy storage projects. CTGR has a total generation capacity of about 52.4 gigawatts as of the end of 2025. The firm is also one of the largest offshore wind farm operators in China, with 7.5 GW of installed capacity at the end of 2025. Parent company China Three Gorges, a state-owned enterprise, owns approximately 52.3% of CTGR's issued shares as of the end of 2025.
73GF Score

Get the complete analysis for SHSE:600905

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

¥3.77
Price
¥4.57
GF Value