Shanghai Lingang Holdings (SHSE:600848) Asset Turnover: 0.02 (As of Mar. 2026)


SHSE:600848 Shanghai Lingang Holdings Corp Ltd SHSE:600848
60 GF Score
Price ¥7.52
GF Value ¥10.39
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Shanghai Lingang Holdings Asset Turnover?

Shanghai Lingang Holdings SHSE:600848 -0.27% 60 Asset Turnover is 0.02 as of Mar. 2026. GuruFocus rates SHSE:600848 with a GF Score™ of 60/100 and a GF Value™ of ¥10.39 (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. Shanghai Lingang Holdings's Revenue for the three months ended in Mar. 2026 was ¥1,407 Mil. Shanghai Lingang Holdings's Total Assets for the quarter that ended in Mar. 2026 was ¥87,189 Mil. Therefore, Shanghai Lingang Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Shanghai Lingang Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 2.00%. It is also linked to ROA % through Du Pont Formula. Shanghai Lingang Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 0.38%.


Shanghai Lingang Holdings  (SHSE:600848) Asset Turnover Explanation

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

Shanghai Lingang Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=335.46/16734.7075
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(335.46 / 5626.8)*(5626.8 / 87189.495)*(87189.495/ 16734.7075)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.96 %*0.0645*5.2101
=ROA %*Equity Multiplier
=0.38 %*5.2101
=2.00 %

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 Lingang Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=335.46/87189.495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(335.46 / 5626.8)*(5626.8 / 87189.495)
=Net Margin %*Asset Turnover
=5.96 %*0.0645
=0.38 %

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 Lingang Holdings Asset Turnover Related Terms


Shanghai Lingang Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Lingang Holdings'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 Lingang Holdings Asset Turnover Chart

Shanghai Lingang Holdings 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 0.13 0.10 0.10 0.14 0.09

Shanghai Lingang Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.02 0.01 0.01 0.05 0.02

SHSE:600848 vs CBRE, BEKE, JLL: Asset Turnover Comparison

For the Real Estate Services subindustry, Shanghai Lingang Holdings'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 Lingang Holdings Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Lingang Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Lingang Holdings's Asset Turnover falls into.


SHSE:600848
60GF Score
Shanghai Lingang Holdings Corp Ltd SHSE:600848
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Lingang Holdings Asset Turnover Calculation

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

Shanghai Lingang Holdings'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 )
=7937.309/( (85853.241+87628.282)/ 2 )
=7937.309/86740.7615
=0.09

Shanghai Lingang Holdings'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 )
=1406.7/( (87628.282+86750.708)/ 2 )
=1406.7/87189.495
=0.02

* 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 0.02 mean?
Shanghai Lingang Holdings (SHSE:600848) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shanghai Lingang Holdings and its competitors.
Is Shanghai Lingang Holdings' Asset Turnover too high?
Shanghai Lingang Holdings' current Asset Turnover is 0.02. Overall, Shanghai Lingang Holdings has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Lingang Holdings' Asset Turnover compare to CBRE and BEKE?
Shanghai Lingang Holdings' Asset Turnover of 0.02 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Lingang Holdings and its competitors. Shanghai Lingang Holdings's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Lingang Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Lingang Holdings (SHSE:600848) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.39, compared to a current price of ¥7.52 — trading 27.6% below its estimated fair value. The current Asset Turnover is 0.02. Shanghai Lingang Holdings' overall GF Score™ is 60/100 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 Shanghai Lingang Holdings (SHSE:600848), the current Asset Turnover is 0.02 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 Shanghai Lingang Holdings (SHSE:600848) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Lingang Holdings stock appears to be undervalued. The current stock price of ¥7.52 is trading 27.6% below its estimated GF Value™ of ¥10.39. GuruFocus considers Shanghai Lingang Holdings to be Modestly Undervalued.

Key valuation signals for SHSE:600848:

  • Asset Turnover: 0.02
  • GF Value™: ¥10.39 vs. price of ¥7.52 (27.6% below fair value)
  • GF Score™: 60/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Lingang Holdings Business Description

Other Exchanges 900928:China
Address No. 1515 Haigang Avenue, 9th Floor, T2 Building, Chuangjing Technology Center, Pudong New Area, Shanghai, CHN, 201306
Shanghai Lingang Holdings Corp Ltd is a real estate company. It provides operations and production services for industrial carriers, park development, and other integrated park services. The types of industrial carriers developed include R&D buildings, headquarters commercial buildings, and bonded logistics warehouses.
60GF Score

Get the complete analysis for SHSE:600848

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

¥7.52
Price
¥10.39
GF Value