China National Chemical Engineering Co (SHSE:601117) Receivables Turnover: 1.13 (As of Jun. 2026)

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SHSE:601117 China National Chemical Engineering Co Ltd SHSE:601117
91 GF Score
Price ¥7.43
GF Value ¥7.98
Valuation Fairly Valued
! 3 Warning Signs
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What is China National Chemical Engineering Co Receivables Turnover?

China National Chemical Engineering Co SHSE:601117 +0.13% 91 Receivables Turnover is 1.13 as of Jun. 2026. GuruFocus rates SHSE:601117 with a GF Score™ of 91/100 and a GF Value™ of ¥7.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,771 Construction companies, China National Chemical Engineering Co ranks worse than 50.54% 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 National Chemical Engineering Co's Revenue for the three months ended in Jun. 2026 was ¥45,604 Mil. China National Chemical Engineering Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥40,356 Mil. Hence, China National Chemical Engineering Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.13.


China National Chemical Engineering Co  (SHSE:601117) 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 National Chemical Engineering Co Receivables Turnover Related Terms


China National Chemical Engineering Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China National Chemical Engineering 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 National Chemical Engineering Co Receivables Turnover Chart

China National Chemical Engineering 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 7.01 6.76 6.99 5.97 4.97

China National Chemical Engineering 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 1.22 1.15 1.34 1.14 1.13

SHSE:601117 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, China National Chemical Engineering 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 National Chemical Engineering Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, China National Chemical Engineering Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China National Chemical Engineering Co's Receivables Turnover falls into.


SHSE:601117
91GF Score
China National Chemical Engineering Co Ltd SHSE:601117
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China National Chemical Engineering Co Receivables Turnover Calculation

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

China National Chemical Engineering 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 )
=190124.562 / ((36251.531 + 40310.318) / 2 )
=190124.562 / 38280.9245
=4.97

China National Chemical Engineering 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 )
=45603.9 / ((40386.732 + 40324.999) / 2 )
=45603.9 / 40355.8655
=1.13

* 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 1.13 mean?
China National Chemical Engineering Co (SHSE:601117) has a Receivables Turnover of 1.13 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 China National Chemical Engineering Co and its competitors. According to the industry distribution chart, China National Chemical Engineering Co ranks #895 out of 1771 companies in the Construction industry, placing it in the top 50.5%.
Is China National Chemical Engineering Co's Receivables Turnover too high?
China National Chemical Engineering Co's current Receivables Turnover is 1.13. The Construction industry median Receivables Turnover is 4.82. China National Chemical Engineering Co's value of 1.13 is 76.6% below this industry median. Based on the distribution chart, China National Chemical Engineering Co ranks #895 out of 1771 companies in the Construction industry, which is below the industry midpoint. Overall, China National Chemical Engineering Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China National Chemical Engineering Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, China National Chemical Engineering Co ranks #895 out of 1771 companies for Receivables Turnover. This places China National Chemical Engineering Co in the lower half of its industry. The industry median Receivables Turnover is 4.82. China National Chemical Engineering Co's value of 1.13 is 76.6% 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 4.82, based on 1,771 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 National Chemical Engineering Co's current Receivables Turnover of 1.13 is 76.6% 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 National Chemical Engineering Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China National Chemical Engineering Co's current Receivables Turnover is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China National Chemical Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China National Chemical Engineering Co (SHSE:601117) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.98, compared to a current price of ¥7.43 — trading 6.9% below its estimated fair value. The current Receivables Turnover is 1.13 and 76.6% below the Construction industry median of 4.82. China National Chemical Engineering Co's overall GF Score™ is 91/100 with 3 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 National Chemical Engineering Co (SHSE:601117), the current Receivables Turnover is 1.13 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 China National Chemical Engineering Co (SHSE:601117) Overvalued in 2026?

Based on GuruFocus' analysis, China National Chemical Engineering Co stock appears to be undervalued. The current stock price of ¥7.43 is trading 6.9% below its estimated GF Value™ of ¥7.98. GuruFocus considers China National Chemical Engineering Co to be Fairly Valued.

Key valuation signals for SHSE:601117:

  • Receivables Turnover: 1.13
  • GF Value™: ¥7.98 vs. price of ¥7.43 (6.9% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 76.6% below the Construction median (#895 of 1771)

No single metric tells the full story. See the SHSE:601117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China National Chemical Engineering Co Business Description

Address No. 2, Dongzhimennei Street, Dongcheng District, Beijing, CHN, 100007
China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management, environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.
91GF Score

Get the complete analysis for SHSE:601117

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

¥7.43
Price
¥7.98
GF Value