Shanghai Tongling Automotive Technologies (BJSE:920187) Asset Turnover: 0.16 (As of Mar. 2026)

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BJSE:920187 Shanghai Tongling Automotive Technologies Inc BJSE:920187
47 GF Score
Price ¥19.42
! 3 Warning Signs
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What is Shanghai Tongling Automotive Technologies Asset Turnover?

Shanghai Tongling Automotive Technologies BJSE:920187 47 Asset Turnover is 0.16 as of Mar. 2026. GuruFocus rates BJSE:920187 with a GF Score™ of 47/100. The stock has 3 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Shanghai Tongling Automotive Technologies's Revenue for the three months ended in Mar. 2026 was ¥225.3 Mil. Shanghai Tongling Automotive Technologies's Total Assets for the quarter that ended in Mar. 2026 was ¥1,403.1 Mil. Therefore, Shanghai Tongling Automotive Technologies's Asset Turnover for the quarter that ended in Mar. 2026 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Shanghai Tongling Automotive Technologies's annualized ROE % for the quarter that ended in Mar. 2026 was 9.99%. It is also linked to ROA % through Du Pont Formula. Shanghai Tongling Automotive Technologies's annualized ROA % for the quarter that ended in Mar. 2026 was 7.52%.


Shanghai Tongling Automotive Technologies  (BJSE:920187) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Shanghai Tongling Automotive Technologies's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=105.556/1057.09
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(105.556 / 901.316)*(901.316 / 1403.0715)*(1403.0715/ 1057.09)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.71 %*0.6424*1.3273
=ROA %*Equity Multiplier
=7.52 %*1.3273
=9.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Shanghai Tongling Automotive Technologies's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=105.556/1403.0715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(105.556 / 901.316)*(901.316 / 1403.0715)
=Net Margin %*Asset Turnover
=11.71 %*0.6424
=7.52 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Shanghai Tongling Automotive Technologies Asset Turnover Related Terms


Shanghai Tongling Automotive Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Tongling Automotive Technologies's Asset 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.

Shanghai Tongling Automotive Technologies Asset Turnover Chart

Shanghai Tongling Automotive Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.93 0.88 0.84 0.77

Shanghai Tongling Automotive Technologies Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset 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 0.20 0.19 0.19 0.22 0.16

BJSE:920187 vs ORLY, AZO: Asset Turnover Comparison

For the Auto Parts subindustry, Shanghai Tongling Automotive Technologies's Asset Turnover, along with its competitors' market caps and Asset 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.


Shanghai Tongling Automotive Technologies Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Tongling Automotive Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Tongling Automotive Technologies's Asset Turnover falls into.


BJSE:920187
47GF Score
Shanghai Tongling Automotive Technologies Inc BJSE:920187
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Tongling Automotive Technologies Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Shanghai Tongling Automotive Technologies's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=971.33/( (1287.944+1222.548)/ 2 )
=971.33/1255.246
=0.77

Shanghai Tongling Automotive Technologies's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=225.329/( (1222.548+1583.595)/ 2 )
=225.329/1403.0715
=0.16

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.16 mean?
Shanghai Tongling Automotive Technologies (BJSE:920187) has a Asset Turnover of 0.16 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shanghai Tongling Automotive Technologies and its competitors.
Is Shanghai Tongling Automotive Technologies' Asset Turnover too high?
Shanghai Tongling Automotive Technologies' current Asset Turnover is 0.16. Overall, Shanghai Tongling Automotive Technologies has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai Tongling Automotive Technologies' Asset Turnover compare to ORLY and AZO?
Shanghai Tongling Automotive Technologies' Asset Turnover of 0.16 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shanghai Tongling Automotive Technologies and its competitors. Shanghai Tongling Automotive Technologies's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Tongling Automotive Technologies stock overvalued right now?
Shanghai Tongling Automotive Technologies (BJSE:920187) has a current Asset Turnover of 0.16. The current Asset Turnover is 0.16. Shanghai Tongling Automotive Technologies' overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Shanghai Tongling Automotive Technologies (BJSE:920187), the current Asset Turnover is 0.16 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.

Shanghai Tongling Automotive Technologies Business Description

Address 2388 Kangxin Road, Pudong New Area, Shanghai, CHN, 201314
Shanghai Tongling Automotive Technologies Inc is engaged in the research, development, production, and sale of automotive interior components. Its operations include the manufacturing and research and development of automotive parts and accessories, the sale of automotive decorative products, and the manufacturing of specialized and general-purpose instruments.
47GF Score

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

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