Zhangjiagang Guangda Special Material Co (SHSE:688186) Asset Turnover: 0.08 (As of Mar. 2026)

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SHSE:688186 Zhangjiagang Guangda Special Material Co Ltd SHSE:688186
69 GF Score
Price ¥13.57
GF Value ¥22.61
Valuation Possible Value Trap
! 9 Warning Signs
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What is Zhangjiagang Guangda Special Material Co Asset Turnover?

Zhangjiagang Guangda Special Material Co SHSE:688186 +0.44% 69 Asset Turnover is 0.08 as of Mar. 2026. GuruFocus rates SHSE:688186 with a GF Score™ of 69/100 and a GF Value™ of ¥22.61 (Possible Value Trap). The stock has 9 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. Zhangjiagang Guangda Special Material Co's Revenue for the three months ended in Mar. 2026 was ¥1,018 Mil. Zhangjiagang Guangda Special Material Co's Total Assets for the quarter that ended in Mar. 2026 was ¥12,479 Mil. Therefore, Zhangjiagang Guangda Special Material Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Zhangjiagang Guangda Special Material Co's annualized ROE % for the quarter that ended in Mar. 2026 was 0.45%. It is also linked to ROA % through Du Pont Formula. Zhangjiagang Guangda Special Material Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.17%.


Zhangjiagang Guangda Special Material Co  (SHSE:688186) Asset Turnover Explanation

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

Zhangjiagang Guangda Special Material Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=21.064/4723.732
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(21.064 / 4070.54)*(4070.54 / 12479.3045)*(12479.3045/ 4723.732)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.52 %*0.3262*2.6418
=ROA %*Equity Multiplier
=0.17 %*2.6418
=0.45 %

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.

** 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:

Zhangjiagang Guangda Special Material Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=21.064/12479.3045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21.064 / 4070.54)*(4070.54 / 12479.3045)
=Net Margin %*Asset Turnover
=0.52 %*0.3262
=0.17 %

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.


Zhangjiagang Guangda Special Material Co Asset Turnover Related Terms


Zhangjiagang Guangda Special Material Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co Asset Turnover Chart

Zhangjiagang Guangda Special Material 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 0.47 0.38 0.36 0.36 0.41

Zhangjiagang Guangda Special Material 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 0.10 0.12 0.09 0.09 0.08

SHSE:688186 vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, Zhangjiagang Guangda Special Material 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.


Zhangjiagang Guangda Special Material Co Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Zhangjiagang Guangda Special Material Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Guangda Special Material Co's Asset Turnover falls into.


SHSE:688186
69GF Score
Zhangjiagang Guangda Special Material Co Ltd SHSE:688186
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhangjiagang Guangda Special Material Co Asset Turnover Calculation

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

Zhangjiagang Guangda Special Material 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 )
=4908.55/( (11463.662+12438.237)/ 2 )
=4908.55/11950.9495
=0.41

Zhangjiagang Guangda Special Material 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 )
=1017.635/( (12438.237+12520.372)/ 2 )
=1017.635/12479.3045
=0.08

* 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 0.08 mean?
Zhangjiagang Guangda Special Material Co (SHSE:688186) has a Asset Turnover of 0.08 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zhangjiagang Guangda Special Material Co and its competitors.
Is Zhangjiagang Guangda Special Material Co's Asset Turnover too high?
Zhangjiagang Guangda Special Material Co's current Asset Turnover is 0.08. Overall, Zhangjiagang Guangda Special Material Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhangjiagang Guangda Special Material Co's Asset Turnover compare to NUE and STLD?
Zhangjiagang Guangda Special Material Co's Asset Turnover of 0.08 can be compared against companies in the Steel 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 Steel company?
A good Asset Turnover depends on the Steel 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 Zhangjiagang Guangda Special Material Co and its competitors. Zhangjiagang Guangda Special Material Co's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhangjiagang Guangda Special Material Co stock overvalued right now?
Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co (SHSE:688186) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.61, compared to a current price of ¥13.57 — trading 40% below its estimated fair value. The current Asset Turnover is 0.08. Zhangjiagang Guangda Special Material Co's overall GF Score™ is 69/100 with 9 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 Zhangjiagang Guangda Special Material Co (SHSE:688186), the current Asset Turnover is 0.08 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 Zhangjiagang Guangda Special Material Co (SHSE:688186) Overvalued in 2026?

Based on GuruFocus' analysis, Zhangjiagang Guangda Special Material Co stock appears to be undervalued. The current stock price of ¥13.57 is trading 40% below its estimated GF Value™ of ¥22.61. GuruFocus considers Zhangjiagang Guangda Special Material Co to be Possible Value Trap.

Key valuation signals for SHSE:688186:

  • Asset Turnover: 0.08
  • GF Value™: ¥22.61 vs. price of ¥13.57 (40% below fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhangjiagang Guangda Special Material Co Business Description

Address Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614
Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.
69GF Score

Get the complete analysis for SHSE:688186

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

¥13.57
Price
¥22.61
GF Value