Heilongjiang Publishing & Media Co (SHSE:605577) Asset Turnover: 0.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:605577 Heilongjiang Publishing & Media Co Ltd SHSE:605577
66 GF Score
Price ¥10.76
GF Value ¥12.80
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Heilongjiang Publishing & Media Co Asset Turnover?

Heilongjiang Publishing & Media Co SHSE:605577 +10.02% 66 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates SHSE:605577 with a GF Score™ of 66/100 and a GF Value™ of ¥12.80 (Modestly Undervalued). 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. Heilongjiang Publishing & Media Co's Revenue for the three months ended in Mar. 2026 was ¥537 Mil. Heilongjiang Publishing & Media Co's Total Assets for the quarter that ended in Mar. 2026 was ¥5,856 Mil. Therefore, Heilongjiang Publishing & Media Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Heilongjiang Publishing & Media Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.43%. It is also linked to ROA % through Du Pont Formula. Heilongjiang Publishing & Media Co's annualized ROA % for the quarter that ended in Mar. 2026 was 8.42%.


Heilongjiang Publishing & Media Co  (SHSE:605577) Asset Turnover Explanation

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

Heilongjiang Publishing & Media Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=493.164/3966.565
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(493.164 / 2148.532)*(2148.532 / 5855.511)*(5855.511/ 3966.565)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.95 %*0.3669*1.4762
=ROA %*Equity Multiplier
=8.42 %*1.4762
=12.43 %

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:

Heilongjiang Publishing & Media Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=493.164/5855.511
=(Net Income / Revenue)*(Revenue / Total Assets)
=(493.164 / 2148.532)*(2148.532 / 5855.511)
=Net Margin %*Asset Turnover
=22.95 %*0.3669
=8.42 %

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.


Heilongjiang Publishing & Media Co Asset Turnover Related Terms


Heilongjiang Publishing & Media Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Heilongjiang Publishing & Media 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.

Heilongjiang Publishing & Media Co Asset Turnover Chart

Heilongjiang Publishing & Media Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.40 0.37 0.36 0.30 0.27

Heilongjiang Publishing & Media 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 0.09 0.02 0.11 0.04 0.09

SHSE:605577 vs NYT, WLY: Asset Turnover Comparison

For the Publishing subindustry, Heilongjiang Publishing & Media 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.


Heilongjiang Publishing & Media Co Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Heilongjiang Publishing & Media Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Heilongjiang Publishing & Media Co's Asset Turnover falls into.


SHSE:605577
66GF Score
Heilongjiang Publishing & Media Co Ltd SHSE:605577
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Heilongjiang Publishing & Media Co Asset Turnover Calculation

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

Heilongjiang Publishing & Media 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 )
=1517.779/( (5684.38+5776.449)/ 2 )
=1517.779/5730.4145
=0.26

Heilongjiang Publishing & Media 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 )
=537.133/( (5776.449+5934.573)/ 2 )
=537.133/5855.511
=0.09

* 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 0.09 mean?
Heilongjiang Publishing & Media Co (SHSE:605577) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Heilongjiang Publishing & Media Co and its competitors.
Is Heilongjiang Publishing & Media Co's Asset Turnover too high?
Heilongjiang Publishing & Media Co's current Asset Turnover is 0.09. Overall, Heilongjiang Publishing & Media Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Heilongjiang Publishing & Media Co's Asset Turnover compare to NYT and WLY?
Heilongjiang Publishing & Media Co's Asset Turnover of 0.09 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Heilongjiang Publishing & Media Co and its competitors. Heilongjiang Publishing & Media Co's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heilongjiang Publishing & Media Co stock overvalued right now?
Based on GuruFocus' analysis, Heilongjiang Publishing & Media Co (SHSE:605577) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.80, compared to a current price of ¥10.76 — trading 15.9% below its estimated fair value. The current Asset Turnover is 0.09. Heilongjiang Publishing & Media Co's overall GF Score™ is 66/100 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 Heilongjiang Publishing & Media Co (SHSE:605577), the current Asset Turnover is 0.09 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 Heilongjiang Publishing & Media Co (SHSE:605577) Overvalued in 2026?

Based on GuruFocus' analysis, Heilongjiang Publishing & Media Co stock appears to be undervalued. The current stock price of ¥10.76 is trading 15.9% below its estimated GF Value™ of ¥12.80. GuruFocus considers Heilongjiang Publishing & Media Co to be Modestly Undervalued.

Key valuation signals for SHSE:605577:

  • Asset Turnover: 0.09
  • GF Value™: ¥12.80 vs. price of ¥10.76 (15.9% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the SHSE:605577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heilongjiang Publishing & Media Co Business Description

Address No. 258, Longchuan Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028
Heilongjiang Publishing & Media Co Ltd is engaged in the editing and publishing of publications, printing, wholesale and retail, material trade, and others. The company is mainly engaged in the publishing business of teaching materials, general books, periodicals, electronic audio-visual products, and digital products through its subordinate companies, including People's Publishing House, Education Publishing House, Children's Publishing House, Science and Technology Publishing House, Fine Arts Publishing House, Northern Literature and Art, and Newspaper Group.
66GF Score

Get the complete analysis for SHSE:605577

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

¥10.76
Price
¥12.80
GF Value