Ananda Drive Techniques (Shanghai) Co (SHSE:603350) Asset Turnover: 0.19 (As of Mar. 2026)

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SHSE:603350 Ananda Drive Techniques (Shanghai) Co Ltd SHSE:603350
42 GF Score
Price ¥26.01
! 6 Warning Signs
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What is Ananda Drive Techniques (Shanghai) Co Asset Turnover?

Ananda Drive Techniques (Shanghai) Co SHSE:603350 -1.40% 42 Asset Turnover is 0.19 as of Mar. 2026. GuruFocus rates SHSE:603350 with a GF Score™ of 42/100. The stock has 6 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. Ananda Drive Techniques (Shanghai) Co's Revenue for the three months ended in Mar. 2026 was ¥471 Mil. Ananda Drive Techniques (Shanghai) Co's Total Assets for the quarter that ended in Mar. 2026 was ¥2,452 Mil. Therefore, Ananda Drive Techniques (Shanghai) Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Ananda Drive Techniques (Shanghai) Co's annualized ROE % for the quarter that ended in Mar. 2026 was 8.02%. It is also linked to ROA % through Du Pont Formula. Ananda Drive Techniques (Shanghai) Co's annualized ROA % for the quarter that ended in Mar. 2026 was 4.42%.


Ananda Drive Techniques (Shanghai) Co  (SHSE:603350) Asset Turnover Explanation

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

Ananda Drive Techniques (Shanghai) Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=108.376/1350.866
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(108.376 / 1883.648)*(1883.648 / 2451.9305)*(2451.9305/ 1350.866)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.75 %*0.7682*1.8151
=ROA %*Equity Multiplier
=4.42 %*1.8151
=8.02 %

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:

Ananda Drive Techniques (Shanghai) Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=108.376/2451.9305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(108.376 / 1883.648)*(1883.648 / 2451.9305)
=Net Margin %*Asset Turnover
=5.75 %*0.7682
=4.42 %

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.


Ananda Drive Techniques (Shanghai) Co Asset Turnover Related Terms


Ananda Drive Techniques (Shanghai) Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Ananda Drive Techniques (Shanghai) 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.

Ananda Drive Techniques (Shanghai) Co Asset Turnover Chart

Ananda Drive Techniques (Shanghai) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.48 1.18 0.86 0.87

Ananda Drive Techniques (Shanghai) Co Quarterly Data
Jun17 Dec19 Dec20 Dec21 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 0.23 0.24 0.24 0.17 0.19

SHSE:603350 vs ORLY, AZO: Asset Turnover Comparison

For the Auto Parts subindustry, Ananda Drive Techniques (Shanghai) 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.


Ananda Drive Techniques (Shanghai) Co Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ananda Drive Techniques (Shanghai) Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ananda Drive Techniques (Shanghai) Co's Asset Turnover falls into.


SHSE:603350
42GF Score
Ananda Drive Techniques (Shanghai) Co Ltd SHSE:603350
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ananda Drive Techniques (Shanghai) Co Asset Turnover Calculation

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

Ananda Drive Techniques (Shanghai) 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 )
=2004.284/( (2184.439+2418.977)/ 2 )
=2004.284/2301.708
=0.87

Ananda Drive Techniques (Shanghai) 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 )
=470.912/( (2418.977+2484.884)/ 2 )
=470.912/2451.9305
=0.19

* 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 0.19 mean?
Ananda Drive Techniques (Shanghai) Co (SHSE:603350) has a Asset Turnover of 0.19 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ananda Drive Techniques (Shanghai) Co and its competitors.
Is Ananda Drive Techniques (Shanghai) Co's Asset Turnover too high?
Ananda Drive Techniques (Shanghai) Co's current Asset Turnover is 0.19. Overall, Ananda Drive Techniques (Shanghai) Co has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Ananda Drive Techniques (Shanghai) Co's Asset Turnover compare to ORLY and AZO?
Ananda Drive Techniques (Shanghai) Co's Asset Turnover of 0.19 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Ananda Drive Techniques (Shanghai) Co and its competitors. Ananda Drive Techniques (Shanghai) Co's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Drive Techniques (Shanghai) Co stock overvalued right now?
Ananda Drive Techniques (Shanghai) Co (SHSE:603350) has a current Asset Turnover of 0.19. The current Asset Turnover is 0.19. Ananda Drive Techniques (Shanghai) Co's overall GF Score™ is 42/100 with 6 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 Ananda Drive Techniques (Shanghai) Co (SHSE:603350), the current Asset Turnover is 0.19 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.

Ananda Drive Techniques (Shanghai) Co Business Description

Address Guangzhong Road, 1-2 Floor, Building A, No. 19, Lane 133, Minhang District, Shanghai, CHN, 201108
Ananda Drive Techniques (Shanghai) Co Ltd is engaged in research and development, production and sales of electric drive systems for electric two-wheeled vehicles that include mid-drive, side-mounted, and hub motors, along with controllers, sensors, and HMI. Its product include eBike System, eMoped System, eMotorcycle System and eScooter System.
42GF 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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