Henan Shijia Photons Technology Co (SHSE:688313) Receivables Turnover: 1.23 (As of Jun. 2026)

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SHSE:688313 Henan Shijia Photons Technology Co Ltd SHSE:688313
68 GF Score
Price ¥158.00
GF Value ¥51.30
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Henan Shijia Photons Technology Co Receivables Turnover?

Henan Shijia Photons Technology Co SHSE:688313 -3.66% 68 Receivables Turnover is 1.23 as of Jun. 2026. GuruFocus rates SHSE:688313 with a GF Score™ of 68/100 and a GF Value™ of ¥51.30 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,021 Semiconductors companies, Henan Shijia Photons Technology Co ranks worse than 71.6% 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. Henan Shijia Photons Technology Co's Revenue for the three months ended in Jun. 2026 was ¥919 Mil. Henan Shijia Photons Technology Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥746 Mil. Hence, Henan Shijia Photons Technology Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.23.


Henan Shijia Photons Technology Co  (SHSE:688313) 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.


Henan Shijia Photons Technology Co Receivables Turnover Related Terms


Henan Shijia Photons Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Henan Shijia Photons Technology 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.

Henan Shijia Photons Technology Co Receivables Turnover Chart

Henan Shijia Photons Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.80 3.87 3.29 3.35 4.64

Henan Shijia Photons Technology 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 1.12 1.12 1.11 1.01 1.23

SHSE:688313 vs AMAT, LRCX, KLAC: Receivables Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Henan Shijia Photons Technology 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.


Henan Shijia Photons Technology Co Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Henan Shijia Photons Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Henan Shijia Photons Technology Co's Receivables Turnover falls into.


SHSE:688313
68GF Score
Henan Shijia Photons Technology Co Ltd SHSE:688313
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Henan Shijia Photons Technology Co Receivables Turnover Calculation

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

Henan Shijia Photons Technology 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 )
=2129.125 / ((401.814 + 516.732) / 2 )
=2129.125 / 459.273
=4.64

Henan Shijia Photons Technology 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 )
=918.898 / ((623.338 + 869.041) / 2 )
=918.898 / 746.1895
=1.23

* 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 1.23 mean?
Henan Shijia Photons Technology Co (SHSE:688313) has a Receivables Turnover of 1.23 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 Henan Shijia Photons Technology Co and its competitors. According to the industry distribution chart, Henan Shijia Photons Technology Co ranks #731 out of 1021 companies in the Semiconductors industry, placing it in the top 71.6%.
Is Henan Shijia Photons Technology Co's Receivables Turnover too high?
Henan Shijia Photons Technology Co's current Receivables Turnover is 1.23. The Semiconductors industry median Receivables Turnover is 5.82. Henan Shijia Photons Technology Co's value of 1.23 is 78.9% below this industry median. Based on the distribution chart, Henan Shijia Photons Technology Co ranks #731 out of 1021 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Henan Shijia Photons Technology Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Henan Shijia Photons Technology Co's Receivables Turnover compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Henan Shijia Photons Technology Co ranks #731 out of 1021 companies for Receivables Turnover. This places Henan Shijia Photons Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.82. Henan Shijia Photons Technology Co's value of 1.23 is 78.9% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,021 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. Henan Shijia Photons Technology Co's current Receivables Turnover of 1.23 is 78.9% 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 Henan Shijia Photons Technology Co and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Shijia Photons Technology Co's current Receivables Turnover is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Shijia Photons Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Shijia Photons Technology Co (SHSE:688313) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥51.30, compared to a current price of ¥158.00 — trading 208% above its estimated fair value. The current Receivables Turnover is 1.23 and 78.9% below the Semiconductors industry median of 5.82. Henan Shijia Photons Technology Co's overall GF Score™ is 68/100 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 Henan Shijia Photons Technology Co (SHSE:688313), the current Receivables Turnover is 1.23 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 Henan Shijia Photons Technology Co (SHSE:688313) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Shijia Photons Technology Co stock appears to be overvalued. The current stock price of ¥158.00 is trading 208% above its estimated GF Value™ of ¥51.30. GuruFocus considers Henan Shijia Photons Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688313:

  • Receivables Turnover: 1.23
  • GF Value™: ¥51.30 vs. price of ¥158.00 (208% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 78.9% below the Semiconductors median (#731 of 1021)

No single metric tells the full story. See the SHSE:688313 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Shijia Photons Technology Co Business Description

Address 201 Yanhe Road, Qibin District, Henan Province, Hebi, CHN, 458030
Henan Shijia Photons Technology Co Ltd is engaged in development, production, sales and related technical services of optical chips and devices, indoor optical cables and cable materials. The company's business covers optical chips and devices, indoor optical cables and cable materials. Its main products include PLC splitter chip series products, AWG chip series products, DFB laser chip series products, optical fiber connectors, indoor optical cables, cable materials.
68GF Score

Get the complete analysis for SHSE:688313

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

¥158.00
Price
¥51.30
GF Value