Suzhou West Deane New Power Electric Co (SHSE:603312) Asset Turnover: 0.20 (As of Mar. 2026)

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SHSE:603312 Suzhou West Deane New Power Electric Co Ltd SHSE:603312
48 GF Score
Price ¥31.68
! 4 Warning Signs
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What is Suzhou West Deane New Power Electric Co Asset Turnover?

Suzhou West Deane New Power Electric Co SHSE:603312 +3.33% 48 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates SHSE:603312 with a GF Score™ of 48/100. The stock has 4 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. Suzhou West Deane New Power Electric Co's Revenue for the three months ended in Mar. 2026 was ¥536 Mil. Suzhou West Deane New Power Electric Co's Total Assets for the quarter that ended in Mar. 2026 was ¥2,706 Mil. Therefore, Suzhou West Deane New Power Electric Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Suzhou West Deane New Power Electric Co's annualized ROE % for the quarter that ended in Mar. 2026 was 13.20%. It is also linked to ROA % through Du Pont Formula. Suzhou West Deane New Power Electric Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.84%.


Suzhou West Deane New Power Electric Co  (SHSE:603312) Asset Turnover Explanation

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

Suzhou West Deane New Power Electric Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=239.096/1811.4615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(239.096 / 2142.68)*(2142.68 / 2705.857)*(2705.857/ 1811.4615)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.16 %*0.7919*1.4937
=ROA %*Equity Multiplier
=8.84 %*1.4937
=13.20 %

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:

Suzhou West Deane New Power Electric Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=239.096/2705.857
=(Net Income / Revenue)*(Revenue / Total Assets)
=(239.096 / 2142.68)*(2142.68 / 2705.857)
=Net Margin %*Asset Turnover
=11.16 %*0.7919
=8.84 %

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.


Suzhou West Deane New Power Electric Co Asset Turnover Related Terms


Suzhou West Deane New Power Electric Co Asset Turnover Historical Data

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The historical data trend for Suzhou West Deane New Power Electric 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.

Suzhou West Deane New Power Electric Co Asset Turnover Chart

Suzhou West Deane New Power Electric Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.49 1.38 1.25 1.03 1.00

Suzhou West Deane New Power Electric Co Quarterly Data
Dec19 Dec20 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 0.25 0.24 0.24 0.24 0.20

SHSE:603312 vs APH, GLW, TEL: Asset Turnover Comparison

For the Electronic Components subindustry, Suzhou West Deane New Power Electric 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.


Suzhou West Deane New Power Electric Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Suzhou West Deane New Power Electric Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Suzhou West Deane New Power Electric Co's Asset Turnover falls into.


SHSE:603312
48GF Score
Suzhou West Deane New Power Electric Co Ltd SHSE:603312
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Suzhou West Deane New Power Electric Co Asset Turnover Calculation

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

Suzhou West Deane New Power Electric 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 )
=2781.777/( (2765.813+2798.864)/ 2 )
=2781.777/2782.3385
=1.00

Suzhou West Deane New Power Electric 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 )
=535.67/( (2798.864+2612.85)/ 2 )
=535.67/2705.857
=0.20

* 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 0.20 mean?
Suzhou West Deane New Power Electric Co (SHSE:603312) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Suzhou West Deane New Power Electric Co and its competitors.
Is Suzhou West Deane New Power Electric Co's Asset Turnover too high?
Suzhou West Deane New Power Electric Co's current Asset Turnover is 0.20. Overall, Suzhou West Deane New Power Electric Co has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Suzhou West Deane New Power Electric Co's Asset Turnover compare to APH and GLW?
Suzhou West Deane New Power Electric Co's Asset Turnover of 0.20 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Suzhou West Deane New Power Electric Co and its competitors. Suzhou West Deane New Power Electric Co's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suzhou West Deane New Power Electric Co stock overvalued right now?
Suzhou West Deane New Power Electric Co (SHSE:603312) has a current Asset Turnover of 0.20. The current Asset Turnover is 0.20. Suzhou West Deane New Power Electric Co's overall GF Score™ is 48/100 with 4 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 Suzhou West Deane New Power Electric Co (SHSE:603312), the current Asset Turnover is 0.20 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.

Suzhou West Deane New Power Electric Co Business Description

Address Jinfeng Road, No. 359, Huqiu District, Jiangsu Province, Suzhou, CHN, 215000
Suzhou West Deane New Power Electric Co Ltd is engaged in research & development, design, production, and sales of electrical connection products such as aminated busbars, as well as system technical solutions. A laminated busbar is a multi-layer composite structure connecting bus. Its products include Powder coated laminated busbar, Edge-closed laminated busbar, EV-IBB, and Integrated Busbar.
48GF 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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