Quick Intelligent Equipment Co (SHSE:603203) Asset Turnover: 0.15 (As of Mar. 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.

SHSE:603203 Quick Intelligent Equipment Co Ltd SHSE:603203
74 GF Score
Price ¥40.35
GF Value ¥26.76
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Quick Intelligent Equipment Co Asset Turnover?

Quick Intelligent Equipment Co SHSE:603203 -2.47% 74 Asset Turnover is 0.15 as of Mar. 2026. GuruFocus rates SHSE:603203 with a GF Score™ of 74/100 and a GF Value™ of ¥26.76 (Significantly Overvalued). The stock has 5 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. Quick Intelligent Equipment Co's Revenue for the three months ended in Mar. 2026 was ¥333 Mil. Quick Intelligent Equipment Co's Total Assets for the quarter that ended in Mar. 2026 was ¥2,245 Mil. Therefore, Quick Intelligent Equipment Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Quick Intelligent Equipment Co's annualized ROE % for the quarter that ended in Mar. 2026 was 21.19%. It is also linked to ROA % through Du Pont Formula. Quick Intelligent Equipment Co's annualized ROA % for the quarter that ended in Mar. 2026 was 13.73%.


Quick Intelligent Equipment Co  (SHSE:603203) Asset Turnover Explanation

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

Quick Intelligent Equipment Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=308.284/1455.0535
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(308.284 / 1332.432)*(1332.432 / 2244.9375)*(2244.9375/ 1455.0535)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.14 %*0.5935*1.5429
=ROA %*Equity Multiplier
=13.73 %*1.5429
=21.19 %

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:

Quick Intelligent Equipment Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=308.284/2244.9375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(308.284 / 1332.432)*(1332.432 / 2244.9375)
=Net Margin %*Asset Turnover
=23.14 %*0.5935
=13.73 %

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.


Quick Intelligent Equipment Co Asset Turnover Related Terms


Quick Intelligent Equipment Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Quick Intelligent Equipment 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.

Quick Intelligent Equipment Co Asset Turnover Chart

Quick Intelligent Equipment 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 0.51 0.51 0.43 0.50 0.51

Quick Intelligent Equipment Co 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 0.12 0.12 0.14 0.13 0.15

SHSE:603203 vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Quick Intelligent Equipment 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.


Quick Intelligent Equipment Co Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quick Intelligent Equipment Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Quick Intelligent Equipment Co's Asset Turnover falls into.


SHSE:603203
74GF Score
Quick Intelligent Equipment Co Ltd SHSE:603203
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quick Intelligent Equipment Co Asset Turnover Calculation

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

Quick Intelligent Equipment 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 )
=1080.501/( (2013.628+2203.866)/ 2 )
=1080.501/2108.747
=0.51

Quick Intelligent Equipment Co'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 )
=333.108/( (2203.866+2286.009)/ 2 )
=333.108/2244.9375
=0.15

* 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 0.15 mean?
Quick Intelligent Equipment Co (SHSE:603203) has a Asset Turnover of 0.15 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Quick Intelligent Equipment Co and its competitors.
Is Quick Intelligent Equipment Co's Asset Turnover too high?
Quick Intelligent Equipment Co's current Asset Turnover is 0.15. Overall, Quick Intelligent Equipment Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Quick Intelligent Equipment Co's Asset Turnover compare to GEV and ETN?
Quick Intelligent Equipment Co's Asset Turnover of 0.15 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 Quick Intelligent Equipment Co and its competitors. Quick Intelligent Equipment Co's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quick Intelligent Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Quick Intelligent Equipment Co (SHSE:603203) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥26.76, compared to a current price of ¥40.35 — trading 50.8% above its estimated fair value. The current Asset Turnover is 0.15. Quick Intelligent Equipment Co's overall GF Score™ is 74/100 with 5 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 Quick Intelligent Equipment Co (SHSE:603203), the current Asset Turnover is 0.15 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 Quick Intelligent Equipment Co (SHSE:603203) Overvalued in 2026?

Based on GuruFocus' analysis, Quick Intelligent Equipment Co stock appears to be overvalued. The current stock price of ¥40.35 is trading 50.8% above its estimated GF Value™ of ¥26.76. GuruFocus considers Quick Intelligent Equipment Co to be Significantly Overvalued.

Key valuation signals for SHSE:603203:

  • Asset Turnover: 0.15
  • GF Value™: ¥26.76 vs. price of ¥40.35 (50.8% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603203 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quick Intelligent Equipment Co Business Description

Address No. 11, Fengxiang Road, South District, Wujin High-tech Zone, Jiangsu Province, Changzhou, CHN, 213164
Quick Intelligent Equipment Co Ltd is an industrial machinery manufacturing company. It has two major product lines: intelligent equipment which includes soldering iron welding robot, laser welding robot, automatic welding equipment, automatic screw locking equipment and intelligent soldering station; and system integration product line include automatic welding, automatic dispensing, automatic assembly testing, AOI visual inspection, handling transfer and MES integrated application. It is widely serving 3C electronics, automotive electronics, medical electronics, smart home, new energy lithium industry customers.
74GF Score

Get the complete analysis for SHSE:603203

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

¥40.35
Price
¥26.76
GF Value