Zhengping Road & Bridge Construction Co (SHSE:603843) Receivables Turnover: 0.13 (As of Mar. 2026)

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SHSE:603843 Zhengping Road & Bridge Construction Co Ltd SHSE:603843
34 GF Score
Price ¥7.01
GF Value ¥2.39
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Zhengping Road & Bridge Construction Co Receivables Turnover?

Zhengping Road & Bridge Construction Co SHSE:603843 -2.23% 34 Receivables Turnover is 0.13 as of Mar. 2026. GuruFocus rates SHSE:603843 with a GF Score™ of 34/100 and a GF Value™ of ¥2.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,767 Construction companies, Zhengping Road & Bridge Construction Co ranks worse than 90.21% 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. Zhengping Road & Bridge Construction Co's Revenue for the three months ended in Mar. 2026 was ¥110 Mil. Zhengping Road & Bridge Construction Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥829 Mil. Hence, Zhengping Road & Bridge Construction Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.13.


Zhengping Road & Bridge Construction Co  (SHSE:603843) 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.


Zhengping Road & Bridge Construction Co Receivables Turnover Related Terms


Zhengping Road & Bridge Construction Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhengping Road & Bridge Construction 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.

Zhengping Road & Bridge Construction Co Receivables Turnover Chart

Zhengping Road & Bridge Construction 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 4.41 1.50 1.46 1.14 1.31

Zhengping Road & Bridge Construction 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 0.24 0.30 0.67 0.13

SHSE:603843 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Zhengping Road & Bridge Construction 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.


Zhengping Road & Bridge Construction Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Zhengping Road & Bridge Construction Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhengping Road & Bridge Construction Co's Receivables Turnover falls into.


SHSE:603843
34GF Score
Zhengping Road & Bridge Construction Co Ltd SHSE:603843
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhengping Road & Bridge Construction Co Receivables Turnover Calculation

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

Zhengping Road & Bridge Construction 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 )
=1374.817 / ((1026.839 + 1064.319) / 2 )
=1374.817 / 1045.579
=1.31

Zhengping Road & Bridge Construction 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 )
=110.01 / ((1064.319 + 593.896) / 2 )
=110.01 / 829.1075
=0.13

* 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 0.13 mean?
Zhengping Road & Bridge Construction Co (SHSE:603843) has a Receivables Turnover of 0.13 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 Zhengping Road & Bridge Construction Co and its competitors. According to the industry distribution chart, Zhengping Road & Bridge Construction Co ranks #1594 out of 1767 companies in the Construction industry, placing it in the top 90.2%.
Is Zhengping Road & Bridge Construction Co's Receivables Turnover too high?
Zhengping Road & Bridge Construction Co's current Receivables Turnover is 0.13. The Construction industry median Receivables Turnover is 4.81. Zhengping Road & Bridge Construction Co's value of 0.13 is 97.3% below this industry median. Based on the distribution chart, Zhengping Road & Bridge Construction Co ranks #1594 out of 1767 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Zhengping Road & Bridge Construction Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhengping Road & Bridge Construction Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Zhengping Road & Bridge Construction Co ranks #1594 out of 1767 companies for Receivables Turnover. This places Zhengping Road & Bridge Construction Co in the lower half of its industry. The industry median Receivables Turnover is 4.81. Zhengping Road & Bridge Construction Co's value of 0.13 is 97.3% 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 4.81, based on 1,767 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. Zhengping Road & Bridge Construction Co's current Receivables Turnover of 0.13 is 97.3% 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 Zhengping Road & Bridge Construction Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhengping Road & Bridge Construction Co's current Receivables Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengping Road & Bridge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co (SHSE:603843) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.39, compared to a current price of ¥7.01 — trading 193.3% above its estimated fair value. The current Receivables Turnover is 0.13 and 97.3% below the Construction industry median of 4.81. Zhengping Road & Bridge Construction Co's overall GF Score™ is 34/100 with 5 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 Zhengping Road & Bridge Construction Co (SHSE:603843), the current Receivables Turnover is 0.13 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 Zhengping Road & Bridge Construction Co (SHSE:603843) Overvalued in 2026?

Based on GuruFocus' analysis, Zhengping Road & Bridge Construction Co stock appears to be overvalued. The current stock price of ¥7.01 is trading 193.3% above its estimated GF Value™ of ¥2.39. GuruFocus considers Zhengping Road & Bridge Construction Co to be Significantly Overvalued.

Key valuation signals for SHSE:603843:

  • Receivables Turnover: 0.13
  • GF Value™: ¥2.39 vs. price of ¥7.01 (193.3% above fair value)
  • GF Score™: 34/100 with 5 warning signs
  • Industry Position: 97.3% below the Construction median (#1594 of 1767)

No single metric tells the full story. See the SHSE:603843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhengping Road & Bridge Construction Co Business Description

Address No. 128 Changjiang Road, 14th Floor, Innovation Building, Qinghai Province, Xining, CHN, 810000
Zhengping Road & Bridge Construction Co Ltd engages in the designing, engineering, construction, surveying, testing, and maintenance of roads and bridges in China. It constructs highway bridges, pavements, roadbeds, earth and stones, and tunnels; and produces and sells steel corrugated culvert and other products.
34GF Score

Get the complete analysis for SHSE:603843

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

¥7.01
Price
¥2.39
GF Value