Fuda New Material Group Co (SHSE:603045) Receivables Turnover: 2.30 (As of Mar. 2026)

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SHSE:603045 Fuda New Material Group Co Ltd SHSE:603045
71 GF Score
Price ¥55.11
GF Value ¥27.58
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fuda New Material Group Co Receivables Turnover?

Fuda New Material Group Co SHSE:603045 +0.95% 71 Receivables Turnover is 2.30 as of Mar. 2026. GuruFocus rates SHSE:603045 with a GF Score™ of 71/100 and a GF Value™ of ¥27.58 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,031 Industrial Products companies, Fuda New Material Group Co ranks better than 84.33% 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. Fuda New Material Group Co's Revenue for the three months ended in Mar. 2026 was ¥1,942 Mil. Fuda New Material Group Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥844 Mil. Hence, Fuda New Material Group Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.30.


Fuda New Material Group Co  (SHSE:603045) 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.


Fuda New Material Group Co Receivables Turnover Related Terms


Fuda New Material Group Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fuda New Material 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.

Fuda New Material Group Co Receivables Turnover Chart

Fuda New Material 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 7.31 5.84 6.69 6.41 6.00

Fuda New Material 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 1.43 1.71 1.61 1.76 2.30

SHSE:603045 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Fuda New Material 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.


Fuda New Material Group Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuda New Material Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fuda New Material Group Co's Receivables Turnover falls into.


SHSE:603045
71GF Score
Fuda New Material Group Co Ltd SHSE:603045
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fuda New Material Group Co Receivables Turnover Calculation

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

Fuda New Material 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 )
=5038.406 / ((724.461 + 955.372) / 2 )
=5038.406 / 839.9165
=6.00

Fuda New Material 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 )
=1942.295 / ((955.372 + 733.076) / 2 )
=1942.295 / 844.224
=2.30

* 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 2.30 mean?
Fuda New Material Group Co (SHSE:603045) has a Receivables Turnover of 2.30 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 Fuda New Material Group Co and its competitors. According to the industry distribution chart, Fuda New Material Group Co ranks #475 out of 3031 companies in the Industrial Products industry, placing it in the top 15.7%.
Is Fuda New Material Group Co's Receivables Turnover too high?
Fuda New Material Group Co's current Receivables Turnover is 2.30. The Industrial Products industry median Receivables Turnover is 4.49. Fuda New Material Group Co's value of 2.30 is 48.8% below this industry median. Based on the distribution chart, Fuda New Material Group Co ranks #475 out of 3031 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fuda New Material Group Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuda New Material Group Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Fuda New Material Group Co ranks #475 out of 3031 companies for Receivables Turnover. This places Fuda New Material Group Co in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.49. Fuda New Material Group Co's value of 2.30 is 48.8% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.49, based on 3,031 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. Fuda New Material Group Co's current Receivables Turnover of 2.30 is 48.8% 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 Fuda New Material Group Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuda New Material Group Co's current Receivables Turnover is 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuda New Material Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fuda New Material Group Co (SHSE:603045) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥27.58, compared to a current price of ¥55.11 — trading 99.8% above its estimated fair value. The current Receivables Turnover is 2.30 and 48.8% below the Industrial Products industry median of 4.49. Fuda New Material Group Co's overall GF Score™ is 71/100 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 Fuda New Material Group Co (SHSE:603045), the current Receivables Turnover is 2.30 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 Fuda New Material Group Co (SHSE:603045) Overvalued in 2026?

Based on GuruFocus' analysis, Fuda New Material Group Co stock appears to be overvalued. The current stock price of ¥55.11 is trading 99.8% above its estimated GF Value™ of ¥27.58. GuruFocus considers Fuda New Material Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603045:

  • Receivables Turnover: 2.30
  • GF Value™: ¥27.58 vs. price of ¥55.11 (99.8% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 48.8% below the Industrial Products median (#475 of 3031)

No single metric tells the full story. See the SHSE:603045 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuda New Material Group Co Business Description

Address No. 308, Binhai 5th Road, Wenzhou Economic and Technological Development Zone, Zhejiang Province, Wenzhou, CHN, 325025
Fuda New Material Group Co Ltd is engaged in the manufacturing of power electronic components; sales of power electronic components; manufacturing of electronic components; manufacturing of power transmission, distribution.
71GF Score

Get the complete analysis for SHSE:603045

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

¥55.11
Price
¥27.58
GF Value