Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) Asset Turnover: 0.30 (As of Jun. 2026)

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SHSE:688379 Hangzhou Huaguang Advanced Welding Materials Co Ltd SHSE:688379
86 GF Score
Price ¥56.50
GF Value ¥44.65
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Hangzhou Huaguang Advanced Welding Materials Co Asset Turnover?

Hangzhou Huaguang Advanced Welding Materials Co SHSE:688379 -4.20% 86 Asset Turnover is 0.30 as of Jun. 2026. GuruFocus rates SHSE:688379 with a GF Score™ of 86/100 and a GF Value™ of ¥44.65 (Modestly Overvalued). The stock has 8 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. Hangzhou Huaguang Advanced Welding Materials Co's Revenue for the three months ended in Jun. 2026 was ¥1,231 Mil. Hangzhou Huaguang Advanced Welding Materials Co's Total Assets for the quarter that ended in Jun. 2026 was ¥4,085 Mil. Therefore, Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover for the quarter that ended in Jun. 2026 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. Hangzhou Huaguang Advanced Welding Materials Co's annualized ROE % for the quarter that ended in Jun. 2026 was 15.43%. It is also linked to ROA % through Du Pont Formula. Hangzhou Huaguang Advanced Welding Materials Co's annualized ROA % for the quarter that ended in Jun. 2026 was 5.35%.


Hangzhou Huaguang Advanced Welding Materials Co  (SHSE:688379) Asset Turnover Explanation

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

Hangzhou Huaguang Advanced Welding Materials Co's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=218.648/1416.9735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(218.648 / 4922.372)*(4922.372 / 4085.07)*(4085.07/ 1416.9735)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.44 %*1.205*2.883
=ROA %*Equity Multiplier
=5.35 %*2.883
=15.43 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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:

Hangzhou Huaguang Advanced Welding Materials Co's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=218.648/4085.07
=(Net Income / Revenue)*(Revenue / Total Assets)
=(218.648 / 4922.372)*(4922.372 / 4085.07)
=Net Margin %*Asset Turnover
=4.44 %*1.205
=5.35 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Hangzhou Huaguang Advanced Welding Materials Co Asset Turnover Related Terms


Hangzhou Huaguang Advanced Welding Materials Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hangzhou Huaguang Advanced Welding Materials 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.

Hangzhou Huaguang Advanced Welding Materials Co Asset Turnover Chart

Hangzhou Huaguang Advanced Welding Materials 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 0.88 0.76 0.78 0.89 0.96

Hangzhou Huaguang Advanced Welding Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.23 0.26 0.31 0.30

SHSE:688379 vs ATI, CRS, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, Hangzhou Huaguang Advanced Welding Materials 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.


Hangzhou Huaguang Advanced Welding Materials Co Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover falls into.


SHSE:688379
86GF Score
Hangzhou Huaguang Advanced Welding Materials Co Ltd SHSE:688379
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Huaguang Advanced Welding Materials Co Asset Turnover Calculation

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

Hangzhou Huaguang Advanced Welding Materials 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 )
=2555.885/( (2373.071+2959.871)/ 2 )
=2555.885/2666.471
=0.96

Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=1230.593/( (3947.701+4222.439)/ 2 )
=1230.593/4085.07
=0.30

* 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 0.30 mean?
Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) has a Asset Turnover of 0.30 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hangzhou Huaguang Advanced Welding Materials Co and its competitors.
Is Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover too high?
Hangzhou Huaguang Advanced Welding Materials Co's current Asset Turnover is 0.30. Overall, Hangzhou Huaguang Advanced Welding Materials Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover compare to ATI and CRS?
Hangzhou Huaguang Advanced Welding Materials Co's Asset Turnover of 0.30 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Hangzhou Huaguang Advanced Welding Materials Co and its competitors. Hangzhou Huaguang Advanced Welding Materials Co's current Asset Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Huaguang Advanced Welding Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥44.65, compared to a current price of ¥56.50 — trading 26.5% above its estimated fair value. The current Asset Turnover is 0.30. Hangzhou Huaguang Advanced Welding Materials Co's overall GF Score™ is 86/100 with 8 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379), the current Asset Turnover is 0.30 as of Jun. 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 Hangzhou Huaguang Advanced Welding Materials Co (SHSE:688379) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Huaguang Advanced Welding Materials Co stock appears to be overvalued. The current stock price of ¥56.50 is trading 26.5% above its estimated GF Value™ of ¥44.65. GuruFocus considers Hangzhou Huaguang Advanced Welding Materials Co to be Modestly Overvalued.

Key valuation signals for SHSE:688379:

  • Asset Turnover: 0.30
  • GF Value™: ¥44.65 vs. price of ¥56.50 (26.5% above fair value)
  • GF Score™: 86/100 with 8 warning signs

No single metric tells the full story. See the SHSE:688379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Huaguang Advanced Welding Materials Co Business Description

Address Building 3, No. 82, Qihang Road, Renhe Street, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107
Hangzhou Huaguang Advanced Welding Materials Co Ltd is engaged in production and sales of brazing materials. The company specialises in the research and fabrication of a broad range of welding materials as well as providing the customers with total welding solutions. It produces copper-based and silver-based welding materials in the forms of rods, rings, wires, strips, foils, powder, paste, flux-cored and flux-coated with over 2,800 specifications. The products are widely applied to the industry of refrigeration, household appliances, machinery, electric appliances, aeronautics, petrochemical, automobiles, tools, hard alloys, measurements, new energy equipment, bathroom facilities, railroad systems, among others.
86GF Score

Get the complete analysis for SHSE:688379

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

¥56.50
Price
¥44.65
GF Value