Asset Turnover is linked to ROE % through Du Pont Formula. Jiangsu Longda Superalloy Co's annualizedROE % for the quarter that ended in Mar. 2026 was 6.84%. It is also linked to ROA % through Du Pont Formula. Jiangsu Longda Superalloy Co's annualizedROA % for the quarter that ended in Mar. 2026 was 4.34%.
Jiangsu Longda Superalloy Co (SHSE:688231) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Jiangsu Longda Superalloy Co's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Jiangsu Longda Superalloy Co's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Jiangsu Longda Superalloy Co Asset Turnover Related Terms
Jiangsu Longda Superalloy Co Asset Turnover Historical 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.
Jiangsu Longda Superalloy Co Asset Turnover Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Jiangsu Longda Superalloy 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.
Jiangsu Longda Superalloy Co Asset Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jiangsu Longda Superalloy Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Jiangsu Longda Superalloy Co's Asset Turnover falls into.
* 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.
Jiangsu Longda Superalloy Co (SHSE:688231) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jiangsu Longda Superalloy Co and its competitors.
Is Jiangsu Longda Superalloy Co's Asset Turnover too high?
Jiangsu Longda Superalloy Co's current Asset Turnover is 0.13. Overall, Jiangsu Longda Superalloy Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Longda Superalloy Co's Asset Turnover compare to competitors?
Jiangsu Longda Superalloy Co's Asset Turnover of 0.13 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 Jiangsu Longda Superalloy Co and its competitors. Jiangsu Longda Superalloy Co's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Longda Superalloy Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co (SHSE:688231) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.03, compared to a current price of ¥40.20 — trading 82.5% above its estimated fair value. The current Asset Turnover is 0.13. Jiangsu Longda Superalloy Co's overall GF Score™ is 73/100 with 11 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 Jiangsu Longda Superalloy Co (SHSE:688231), the current Asset Turnover is 0.13 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 Jiangsu Longda Superalloy Co (SHSE:688231) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Longda Superalloy Co stock appears to be overvalued.
The current stock price of ¥40.20 is trading 82.5% above its estimated GF Value™ of ¥22.03.
GuruFocus considers Jiangsu Longda Superalloy Co to be Significantly Overvalued.
Key valuation signals for SHSE:688231:
Asset Turnover: 0.13
GF Value™: ¥22.03 vs. price of ¥40.20 (82.5% above fair value)
No single metric tells the full story. See the SHSE:688231 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Longda Superalloy Co Ltd engages in the research and development, production, and sales of alloy materials. Its high-temperature alloy segment includes casting and deformation alloys widely used in aerospace, energy, oil and gas, petrochemicals, shipbuilding, and automotive sectors. The company focuses on the "two-machine field," referring to aircraft engines and gas turbine equipment, serving both civil and military applications. It also offers alloy pipe products such as copper-nickel alloy tubes, high-speed rail ground wire alloy tubes, high-efficiency tubes, brass tubes, and copper tubes used in ships, power, rail transport, and petrochemical industries.
73GF Score
Get the complete analysis for SHSE:688231
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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