Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) Asset Turnover: 0.65 (As of Jun. 2026)

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:920634 Hunan New Welllink Advanced Metallic Material Co Ltd BJSE:920634
74 GF Score
Price ¥16.01
GF Value ¥20.35
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Hunan New Welllink Advanced Metallic Material Co Asset Turnover?

Hunan New Welllink Advanced Metallic Material Co BJSE:920634 74 Asset Turnover is 0.65 as of Jun. 2026. GuruFocus rates BJSE:920634 with a GF Score™ of 74/100 and a GF Value™ of ¥20.35 (Modestly Undervalued). The stock has 9 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. Hunan New Welllink Advanced Metallic Material Co's Revenue for the three months ended in Jun. 2026 was ¥249.6 Mil. Hunan New Welllink Advanced Metallic Material Co's Total Assets for the quarter that ended in Jun. 2026 was ¥383.3 Mil. Therefore, Hunan New Welllink Advanced Metallic Material Co's Asset Turnover for the quarter that ended in Jun. 2026 was 0.65.

Asset Turnover is linked to ROE % through Du Pont Formula. Hunan New Welllink Advanced Metallic Material Co's annualized ROE % for the quarter that ended in Jun. 2026 was 7.98%. It is also linked to ROA % through Du Pont Formula. Hunan New Welllink Advanced Metallic Material Co's annualized ROA % for the quarter that ended in Jun. 2026 was 6.09%.


Hunan New Welllink Advanced Metallic Material Co  (BJSE:920634) Asset Turnover Explanation

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

Hunan New Welllink Advanced Metallic Material Co's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=23.356/292.686
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.356 / 998.208)*(998.208 / 383.3215)*(383.3215/ 292.686)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.34 %*2.6041*1.3097
=ROA %*Equity Multiplier
=6.09 %*1.3097
=7.98 %

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

Hunan New Welllink Advanced Metallic Material Co's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=23.356/383.3215
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.356 / 998.208)*(998.208 / 383.3215)
=Net Margin %*Asset Turnover
=2.34 %*2.6041
=6.09 %

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


Hunan New Welllink Advanced Metallic Material Co Asset Turnover Related Terms


Hunan New Welllink Advanced Metallic Material Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hunan New Welllink Advanced Metallic Material 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.

Hunan New Welllink Advanced Metallic Material Co Asset Turnover Chart

Hunan New Welllink Advanced Metallic Material Co 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 4.03 2.63 1.94 2.81 2.12

Hunan New Welllink Advanced Metallic Material Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.64 0.58 0.52 0.49 0.65

BJSE:920634 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Hunan New Welllink Advanced Metallic Material 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.


Hunan New Welllink Advanced Metallic Material Co Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hunan New Welllink Advanced Metallic Material Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hunan New Welllink Advanced Metallic Material Co's Asset Turnover falls into.


BJSE:920634
74GF Score
Hunan New Welllink Advanced Metallic Material Co Ltd BJSE:920634
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hunan New Welllink Advanced Metallic Material Co Asset Turnover Calculation

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

Hunan New Welllink Advanced Metallic Material 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 )
=822.744/( (387.398+388.779)/ 2 )
=822.744/388.0885
=2.12

Hunan New Welllink Advanced Metallic Material Co's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=249.552/( (371.576+395.067)/ 2 )
=249.552/383.3215
=0.65

* 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 0.65 mean?
Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) has a Asset Turnover of 0.65 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hunan New Welllink Advanced Metallic Material Co and its competitors.
Is Hunan New Welllink Advanced Metallic Material Co's Asset Turnover too high?
Hunan New Welllink Advanced Metallic Material Co's current Asset Turnover is 0.65. Overall, Hunan New Welllink Advanced Metallic Material Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hunan New Welllink Advanced Metallic Material Co's Asset Turnover compare to LIN and SHW?
Hunan New Welllink Advanced Metallic Material Co's Asset Turnover of 0.65 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Hunan New Welllink Advanced Metallic Material Co and its competitors. Hunan New Welllink Advanced Metallic Material Co's current Asset Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hunan New Welllink Advanced Metallic Material Co stock overvalued right now?
Based on GuruFocus' analysis, Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.35, compared to a current price of ¥16.01 — trading 21.3% below its estimated fair value. The current Asset Turnover is 0.65. Hunan New Welllink Advanced Metallic Material Co's overall GF Score™ is 74/100 with 9 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 Hunan New Welllink Advanced Metallic Material Co (BJSE:920634), the current Asset Turnover is 0.65 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 Hunan New Welllink Advanced Metallic Material Co (BJSE:920634) Overvalued in 2026?

Based on GuruFocus' analysis, Hunan New Welllink Advanced Metallic Material Co stock appears to be undervalued. The current stock price of ¥16.01 is trading 21.3% below its estimated GF Value™ of ¥20.35. GuruFocus considers Hunan New Welllink Advanced Metallic Material Co to be Modestly Undervalued.

Key valuation signals for BJSE:920634:

  • Asset Turnover: 0.65
  • GF Value™: ¥20.35 vs. price of ¥16.01 (21.3% below fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the BJSE:920634 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hunan New Welllink Advanced Metallic Material Co Business Description

Address No. 199 Lulong Road, No. 905, Building A, Lugu Coordinates, Lugu High-tech Development Zone, Hunan Province, Changsha City, CHN, 410205
Hunan New Welllink Advanced Metallic Material Co Ltd engages in research and development, production, and sales of zinc metals such as spherical zinc powder, flake zinc powder, and irregular zinc powder.
74GF Score

Get the complete analysis for BJSE:920634

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

¥16.01
Price
¥20.35
GF Value