Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200) Asset Turnover: 0.25 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BJSE:920200 Zenkung Heavy Industry (Jiangsu) Co Ltd BJSE:920200
19 GF Score
Price ¥29.66
! 3 Warning Signs
View Full Analysis

What is Zenkung Heavy Industry (Jiangsu) Co Asset Turnover?

Zenkung Heavy Industry (Jiangsu) Co BJSE:920200 19 Asset Turnover is 0.25 as of Dec. 2025. GuruFocus rates BJSE:920200 with a GF Score™ of 19/100. 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. Zenkung Heavy Industry (Jiangsu) Co's Revenue for the three months ended in Dec. 2025 was ¥331 Mil. Zenkung Heavy Industry (Jiangsu) Co's Total Assets for the quarter that ended in Dec. 2025 was ¥1,330 Mil. Therefore, Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Zenkung Heavy Industry (Jiangsu) Co's annualized ROE % for the quarter that ended in Dec. 2025 was 23.30%. It is also linked to ROA % through Du Pont Formula. Zenkung Heavy Industry (Jiangsu) Co's annualized ROA % for the quarter that ended in Dec. 2025 was 12.22%.


Zenkung Heavy Industry (Jiangsu) Co  (BJSE:920200) Asset Turnover Explanation

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

Zenkung Heavy Industry (Jiangsu) Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=162.504/697.4705
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(162.504 / 1322.016)*(1322.016 / 1329.5385)*(1329.5385/ 697.4705)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.29 %*0.9943*1.9062
=ROA %*Equity Multiplier
=12.22 %*1.9062
=23.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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:

Zenkung Heavy Industry (Jiangsu) Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=162.504/1329.5385
=(Net Income / Revenue)*(Revenue / Total Assets)
=(162.504 / 1322.016)*(1322.016 / 1329.5385)
=Net Margin %*Asset Turnover
=12.29 %*0.9943
=12.22 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.


Zenkung Heavy Industry (Jiangsu) Co Asset Turnover Related Terms


Zenkung Heavy Industry (Jiangsu) Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zenkung Heavy Industry (Jiangsu) Co'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.

Zenkung Heavy Industry (Jiangsu) Co Asset Turnover Chart

Zenkung Heavy Industry (Jiangsu) Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.87 1.04 1.05 1.06

Zenkung Heavy Industry (Jiangsu) Co Quarterly Data
Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.24 0.29 0.28 0.25

BJSE:920200 vs CRS, ATI, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, Zenkung Heavy Industry (Jiangsu) Co'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.


Zenkung Heavy Industry (Jiangsu) Co Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover falls into.


BJSE:920200
19GF Score
Zenkung Heavy Industry (Jiangsu) Co Ltd BJSE:920200
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenkung Heavy Industry (Jiangsu) Co Asset Turnover Calculation

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

Zenkung Heavy Industry (Jiangsu) Co'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 )
=1327.142/( (1152.711+1347.776)/ 2 )
=1327.142/1250.2435
=1.06

Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=330.504/( (1311.301+1347.776)/ 2 )
=330.504/1329.5385
=0.25

* 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 0.25 mean?
Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200) has a Asset Turnover of 0.25 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zenkung Heavy Industry (Jiangsu) Co and its competitors.
Is Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover too high?
Zenkung Heavy Industry (Jiangsu) Co's current Asset Turnover is 0.25. Overall, Zenkung Heavy Industry (Jiangsu) Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover compare to CRS and ATI?
Zenkung Heavy Industry (Jiangsu) Co's Asset Turnover of 0.25 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Zenkung Heavy Industry (Jiangsu) Co and its competitors. Zenkung Heavy Industry (Jiangsu) Co's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenkung Heavy Industry (Jiangsu) Co stock overvalued right now?
Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200) has a current Asset Turnover of 0.25. The current Asset Turnover is 0.25. Zenkung Heavy Industry (Jiangsu) Co's overall GF Score™ is 19/100 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 Zenkung Heavy Industry (Jiangsu) Co (BJSE:920200), the current Asset Turnover is 0.25 as of Dec. 2025. 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.

Zenkung Heavy Industry (Jiangsu) Co Business Description

Address No. 888, East Section of Furong Avenue, Jiangyin City, Jiangsu Province, Wuxi, CHN, 214421
Zenkung Heavy Industry (Jiangsu) Co Ltd is engaged in the research, development, production, and sale of forged wind turbine main shafts and other large-scale metal forgings. Its activities also include the manufacturing and sale of forgings and powder metallurgy products, as well as road freight transport services (excluding hazardous goods), subject to regulatory approvals. Its product categories include irregular parts, turbine shaft, roller shaft, ring forgings, Ship Axle, Wind turbine shaft Gear shaft.
19GF Score

Get the complete analysis for BJSE:920200

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

¥29.66
Price