Jason Furniture (Hangzhou) Co (SHSE:603816) Asset Turnover: 0.27 (As of Mar. 2026)

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SHSE:603816 Jason Furniture (Hangzhou) Co Ltd SHSE:603816
91 GF Score
Price ¥23.83
GF Value ¥32.67
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Jason Furniture (Hangzhou) Co Asset Turnover?

Jason Furniture (Hangzhou) Co SHSE:603816 -2.01% 91 Asset Turnover is 0.27 as of Mar. 2026. GuruFocus rates SHSE:603816 with a GF Score™ of 91/100 and a GF Value™ of ¥32.67 (Modestly Undervalued). The stock has 2 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. Jason Furniture (Hangzhou) Co's Revenue for the three months ended in Mar. 2026 was ¥5,033 Mil. Jason Furniture (Hangzhou) Co's Total Assets for the quarter that ended in Mar. 2026 was ¥18,995 Mil. Therefore, Jason Furniture (Hangzhou) Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Jason Furniture (Hangzhou) Co's annualized ROE % for the quarter that ended in Mar. 2026 was 18.32%. It is also linked to ROA % through Du Pont Formula. Jason Furniture (Hangzhou) Co's annualized ROA % for the quarter that ended in Mar. 2026 was 10.45%.


Jason Furniture (Hangzhou) Co  (SHSE:603816) Asset Turnover Explanation

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

Jason Furniture (Hangzhou) Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1985.012/10835.834
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1985.012 / 20130.988)*(20130.988 / 18994.6345)*(18994.6345/ 10835.834)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.86 %*1.0598*1.7529
=ROA %*Equity Multiplier
=10.45 %*1.7529
=18.32 %

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:

Jason Furniture (Hangzhou) Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1985.012/18994.6345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1985.012 / 20130.988)*(20130.988 / 18994.6345)
=Net Margin %*Asset Turnover
=9.86 %*1.0598
=10.45 %

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.


Jason Furniture (Hangzhou) Co Asset Turnover Related Terms


Jason Furniture (Hangzhou) Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co Asset Turnover Chart

Jason Furniture (Hangzhou) 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 1.26 1.12 1.17 1.08 1.10

Jason Furniture (Hangzhou) 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 0.28 0.27 0.29 0.28 0.27

SHSE:603816 vs SN, SGI, MHK: Asset Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.


Jason Furniture (Hangzhou) Co Asset Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Asset Turnover falls into.


SHSE:603816
91GF Score
Jason Furniture (Hangzhou) Co Ltd SHSE:603816
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jason Furniture (Hangzhou) Co Asset Turnover Calculation

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

Jason Furniture (Hangzhou) 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 )
=20056.389/( (17492.855+19030.941)/ 2 )
=20056.389/18261.898
=1.10

Jason Furniture (Hangzhou) 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 )
=5032.747/( (19030.941+18958.328)/ 2 )
=5032.747/18994.6345
=0.26

* 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 0.27 mean?
Jason Furniture (Hangzhou) Co (SHSE:603816) has a Asset Turnover of 0.27 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jason Furniture (Hangzhou) Co and its competitors.
Is Jason Furniture (Hangzhou) Co's Asset Turnover too high?
Jason Furniture (Hangzhou) Co's current Asset Turnover is 0.27. Overall, Jason Furniture (Hangzhou) Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jason Furniture (Hangzhou) Co's Asset Turnover compare to SN and SGI?
Jason Furniture (Hangzhou) Co's Asset Turnover of 0.27 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Asset Turnover depends on the Furnishings, Fixtures & Appliances 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 Jason Furniture (Hangzhou) Co and its competitors. Jason Furniture (Hangzhou) Co's current Asset Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jason Furniture (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co (SHSE:603816) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥32.67, compared to a current price of ¥23.83 — trading 27.1% below its estimated fair value. The current Asset Turnover is 0.27. Jason Furniture (Hangzhou) Co's overall GF Score™ is 91/100 with 2 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 Jason Furniture (Hangzhou) Co (SHSE:603816), the current Asset Turnover is 0.27 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 Jason Furniture (Hangzhou) Co (SHSE:603816) Overvalued in 2026?

Based on GuruFocus' analysis, Jason Furniture (Hangzhou) Co stock appears to be undervalued. The current stock price of ¥23.83 is trading 27.1% below its estimated GF Value™ of ¥32.67. GuruFocus considers Jason Furniture (Hangzhou) Co to be Modestly Undervalued.

Key valuation signals for SHSE:603816:

  • Asset Turnover: 0.27
  • GF Value™: ¥32.67 vs. price of ¥23.83 (27.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jason Furniture (Hangzhou) Co Business Description

Address No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the Research and development, design, production and sales of mid- to high-end sofas, soft beds and other soft furniture products for living rooms and bedrooms.
91GF Score

Get the complete analysis for SHSE:603816

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

¥23.83
Price
¥32.67
GF Value