Hunan Chendian International Development Co (SHSE:600969) Receivables Turnover: 2.73 (As of Mar. 2026)

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SHSE:600969 Hunan Chendian International Development Co Ltd SHSE:600969
69 GF Score
Price ¥8.75
GF Value ¥7.14
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hunan Chendian International Development Co Receivables Turnover?

Hunan Chendian International Development Co SHSE:600969 +1.39% 69 Receivables Turnover is 2.73 as of Mar. 2026. GuruFocus rates SHSE:600969 with a GF Score™ of 69/100 and a GF Value™ of ¥7.14 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 493 Utilities - Regulated companies, Hunan Chendian International Development Co ranks better than 70.79% 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. Hunan Chendian International Development Co's Revenue for the three months ended in Mar. 2026 was ¥1,052 Mil. Hunan Chendian International Development Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥385 Mil. Hence, Hunan Chendian International Development Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.73.


Hunan Chendian International Development Co  (SHSE:600969) 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.


Hunan Chendian International Development Co Receivables Turnover Related Terms


Hunan Chendian International Development Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hunan Chendian International Development 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.

Hunan Chendian International Development Co Receivables Turnover Chart

Hunan Chendian International Development 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 16.19 13.53 9.95 9.90 9.58

Hunan Chendian International Development 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 2.23 2.16 2.55 2.51 2.73

SHSE:600969 vs SRE, AES: Receivables Turnover Comparison

For the Utilities - Diversified subindustry, Hunan Chendian International Development 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.


Hunan Chendian International Development Co Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hunan Chendian International Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hunan Chendian International Development Co's Receivables Turnover falls into.


SHSE:600969
69GF Score
Hunan Chendian International Development Co Ltd SHSE:600969
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hunan Chendian International Development Co Receivables Turnover Calculation

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

Hunan Chendian International Development 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 )
=4147.126 / ((454.13 + 411.24) / 2 )
=4147.126 / 432.685
=9.58

Hunan Chendian International Development 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 )
=1051.901 / ((411.24 + 358.771) / 2 )
=1051.901 / 385.0055
=2.73

* 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 2.73 mean?
Hunan Chendian International Development Co (SHSE:600969) has a Receivables Turnover of 2.73 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 Hunan Chendian International Development Co and its competitors. According to the industry distribution chart, Hunan Chendian International Development Co ranks #144 out of 493 companies in the Utilities - Regulated industry, placing it in the top 29.2%.
Is Hunan Chendian International Development Co's Receivables Turnover too high?
Hunan Chendian International Development Co's current Receivables Turnover is 2.73. The Utilities - Regulated industry median Receivables Turnover is 6.95. Hunan Chendian International Development Co's value of 2.73 is 60.7% below this industry median. Based on the distribution chart, Hunan Chendian International Development Co ranks #144 out of 493 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hunan Chendian International Development Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hunan Chendian International Development Co's Receivables Turnover compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Hunan Chendian International Development Co ranks #144 out of 493 companies for Receivables Turnover. This puts Hunan Chendian International Development Co in the upper half of its industry. The industry median Receivables Turnover is 6.95. Hunan Chendian International Development Co's value of 2.73 is 60.7% 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 - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.95, based on 493 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. Hunan Chendian International Development Co's current Receivables Turnover of 2.73 is 60.7% 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 Hunan Chendian International Development Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hunan Chendian International Development Co's current Receivables Turnover is 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan Chendian International Development Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan Chendian International Development Co (SHSE:600969) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.14, compared to a current price of ¥8.75 — trading 22.5% above its estimated fair value. The current Receivables Turnover is 2.73 and 60.7% below the Utilities - Regulated industry median of 6.95. Hunan Chendian International Development Co's overall GF Score™ is 69/100 with 6 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 Hunan Chendian International Development Co (SHSE:600969), the current Receivables Turnover is 2.73 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 Hunan Chendian International Development Co (SHSE:600969) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan Chendian International Development Co stock appears to be overvalued. The current stock price of ¥8.75 is trading 22.5% above its estimated GF Value™ of ¥7.14. GuruFocus considers Hunan Chendian International Development Co to be Modestly Overvalued.

Key valuation signals for SHSE:600969:

  • Receivables Turnover: 2.73
  • GF Value™: ¥7.14 vs. price of ¥8.75 (22.5% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 60.7% below the Utilities - Regulated median (#144 of 493)

No single metric tells the full story. See the SHSE:600969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunan Chendian International Development Co Business Description

Address Wanuo Building, No. 5 Youth Avenue, Hunan Province, Quzhou, CHN, 423000
Hunan Chendian International Development Co Ltd is a China-based company. Its business activities are divided into five divisions including Power supply business that purchases electricity from hydropower, power grid and China Southern Power Grid in the power supply area, and sells electricity to terminal power users through its transmission and power-distribution network, Water supply business mainly produces and sells tap water, Industrial gases provide gas supply services for large and medium-sized steel enterprises., Hydropower development is engaged in investment development and operation management of hydropower stations, and Sewage treatment invests in construction of operating sewage.
69GF Score

Get the complete analysis for SHSE:600969

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

¥8.75
Price
¥7.14
GF Value