Zhejiang Xinzhonggang Thermal Power Co (SHSE:605162) Receivables Turnover: 1.08 (As of Mar. 2026)

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SHSE:605162 Zhejiang Xinzhonggang Thermal Power Co Ltd SHSE:605162
63 GF Score
Price ¥9.21
GF Value ¥5.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover?

Zhejiang Xinzhonggang Thermal Power Co SHSE:605162 +2.22% 63 Receivables Turnover is 1.08 as of Mar. 2026. GuruFocus rates SHSE:605162 with a GF Score™ of 63/100 and a GF Value™ of ¥5.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, Zhejiang Xinzhonggang Thermal Power Co ranks worse than 60.24% 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. Zhejiang Xinzhonggang Thermal Power Co's Revenue for the three months ended in Mar. 2026 was ¥143.7 Mil. Zhejiang Xinzhonggang Thermal Power Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥133.0 Mil. Hence, Zhejiang Xinzhonggang Thermal Power Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.08.


Zhejiang Xinzhonggang Thermal Power Co  (SHSE:605162) 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.


Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover Related Terms


Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang Xinzhonggang Thermal Power 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.

Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover Chart

Zhejiang Xinzhonggang Thermal Power 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 7.45 7.69 5.78 4.92 4.90

Zhejiang Xinzhonggang Thermal Power 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 1.10 1.18 1.06 1.26 1.08

Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Zhejiang Xinzhonggang Thermal Power 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.


Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Xinzhonggang Thermal Power Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinzhonggang Thermal Power Co's Receivables Turnover falls into.


SHSE:605162
63GF Score
Zhejiang Xinzhonggang Thermal Power Co Ltd SHSE:605162
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Xinzhonggang Thermal Power Co Receivables Turnover Calculation

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

Zhejiang Xinzhonggang Thermal Power 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 )
=707.502 / ((154.242 + 134.619) / 2 )
=707.502 / 144.4305
=4.90

Zhejiang Xinzhonggang Thermal Power 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 )
=143.724 / ((134.619 + 131.361) / 2 )
=143.724 / 132.99
=1.08

* 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 1.08 mean?
Zhejiang Xinzhonggang Thermal Power Co (SHSE:605162) has a Receivables Turnover of 1.08 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 Zhejiang Xinzhonggang Thermal Power Co and its competitors. According to the industry distribution chart, Zhejiang Xinzhonggang Thermal Power Co ranks #253 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 60.2%.
Is Zhejiang Xinzhonggang Thermal Power Co's Receivables Turnover too high?
Zhejiang Xinzhonggang Thermal Power Co's current Receivables Turnover is 1.08. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.71. Zhejiang Xinzhonggang Thermal Power Co's value of 1.08 is 81.1% below this industry median. Based on the distribution chart, Zhejiang Xinzhonggang Thermal Power Co ranks #253 out of 420 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zhejiang Xinzhonggang Thermal Power Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinzhonggang Thermal Power Co's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Xinzhonggang Thermal Power Co ranks #253 out of 420 companies for Receivables Turnover. This places Zhejiang Xinzhonggang Thermal Power Co in the lower half of its industry. The industry median Receivables Turnover is 5.71. Zhejiang Xinzhonggang Thermal Power Co's value of 1.08 is 81.1% 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 5.71, based on 420 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. Zhejiang Xinzhonggang Thermal Power Co's current Receivables Turnover of 1.08 is 81.1% 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 Zhejiang Xinzhonggang Thermal Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinzhonggang Thermal Power Co's current Receivables Turnover is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinzhonggang Thermal Power Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinzhonggang Thermal Power Co (SHSE:605162) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥9.21 — trading 56.9% above its estimated fair value. The current Receivables Turnover is 1.08 and 81.1% below the Utilities - Independent Power Producers industry median of 5.71. Zhejiang Xinzhonggang Thermal Power Co's overall GF Score™ is 63/100 with 2 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 Zhejiang Xinzhonggang Thermal Power Co (SHSE:605162), the current Receivables Turnover is 1.08 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 Zhejiang Xinzhonggang Thermal Power Co (SHSE:605162) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Xinzhonggang Thermal Power Co stock appears to be overvalued. The current stock price of ¥9.21 is trading 56.9% above its estimated GF Value™ of ¥5.87. GuruFocus considers Zhejiang Xinzhonggang Thermal Power Co to be Significantly Overvalued.

Key valuation signals for SHSE:605162:

  • Receivables Turnover: 1.08
  • GF Value™: ¥5.87 vs. price of ¥9.21 (56.9% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 81.1% below the Utilities - Independent Power Producers median (#253 of 420)

No single metric tells the full story. See the SHSE:605162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Xinzhonggang Thermal Power Co Business Description

Address No. 28, Luodong Road, Yanhu Street, Zhejiang Province, Shengzhou, CHN, 312400
Zhejiang Xinzhonggang Thermal Power Co Ltd is engaged in the production and supply of thermal products and power products.
63GF Score

Get the complete analysis for SHSE:605162

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

¥9.21
Price
¥5.87
GF Value