Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) Asset Turnover: 0.10 (As of Mar. 2026)

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SHSE:688811 Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
17 GF Score
Price ¥22.90
! 3 Warning Signs
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What is Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover?

Grinm Metal Composites (Beijing) Technolgy Co SHSE:688811 +5.58% 17 Asset Turnover is 0.10 as of Mar. 2026. GuruFocus rates SHSE:688811 with a GF Score™ of 17/100. The stock has 3 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. Grinm Metal Composites (Beijing) Technolgy Co's Revenue for the three months ended in Mar. 2026 was ¥106.9 Mil. Grinm Metal Composites (Beijing) Technolgy Co's Total Assets for the quarter that ended in Mar. 2026 was ¥1,058.3 Mil. Therefore, Grinm Metal Composites (Beijing) Technolgy Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Grinm Metal Composites (Beijing) Technolgy Co's annualized ROE % for the quarter that ended in Mar. 2026 was 0.13%. It is also linked to ROA % through Du Pont Formula. Grinm Metal Composites (Beijing) Technolgy Co's annualized ROA % for the quarter that ended in Mar. 2026 was 0.10%.


Grinm Metal Composites (Beijing) Technolgy Co  (SHSE:688811) Asset Turnover Explanation

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

Grinm Metal Composites (Beijing) Technolgy Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.064/806.8475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.064 / 427.5)*(427.5 / 1058.304)*(1058.304/ 806.8475)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.25 %*0.4039*1.3117
=ROA %*Equity Multiplier
=0.10 %*1.3117
=0.13 %

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:

Grinm Metal Composites (Beijing) Technolgy Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.064/1058.304
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.064 / 427.5)*(427.5 / 1058.304)
=Net Margin %*Asset Turnover
=0.25 %*0.4039
=0.10 %

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.


Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover Related Terms


Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Grinm Metal Composites (Beijing) Technolgy 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.

Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover Chart

Grinm Metal Composites (Beijing) Technolgy Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.72 0.75 0.66 0.54

Grinm Metal Composites (Beijing) Technolgy Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.06 0.18 0.10 0.23 0.10

Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Grinm Metal Composites (Beijing) Technolgy 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.


Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grinm Metal Composites (Beijing) Technolgy Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Grinm Metal Composites (Beijing) Technolgy Co's Asset Turnover falls into.


SHSE:688811
17GF Score
Grinm Metal Composites (Beijing) Technolgy Co Ltd SHSE:688811
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grinm Metal Composites (Beijing) Technolgy Co Asset Turnover Calculation

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

Grinm Metal Composites (Beijing) Technolgy 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 )
=574.631/( (1088.044+1059.917)/ 2 )
=574.631/1073.9805
=0.54

Grinm Metal Composites (Beijing) Technolgy 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 )
=106.875/( (1059.917+1056.691)/ 2 )
=106.875/1058.304
=0.10

* 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 0.10 mean?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a Asset Turnover of 0.10 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grinm Metal Composites (Beijing) Technolgy Co and its competitors.
Is Grinm Metal Composites (Beijing) Technolgy Co's Asset Turnover too high?
Grinm Metal Composites (Beijing) Technolgy Co's current Asset Turnover is 0.10. Overall, Grinm Metal Composites (Beijing) Technolgy Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Grinm Metal Composites (Beijing) Technolgy Co's Asset Turnover compare to competitors?
Grinm Metal Composites (Beijing) Technolgy Co's Asset Turnover of 0.10 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 Grinm Metal Composites (Beijing) Technolgy Co and its competitors. Grinm Metal Composites (Beijing) Technolgy Co's current Asset Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Metal Composites (Beijing) Technolgy Co stock overvalued right now?
Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811) has a current Asset Turnover of 0.10. The current Asset Turnover is 0.10. Grinm Metal Composites (Beijing) Technolgy Co's overall GF Score™ is 17/100 with 3 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 Grinm Metal Composites (Beijing) Technolgy Co (SHSE:688811), the current Asset Turnover is 0.10 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.

Grinm Metal Composites (Beijing) Technolgy Co Business Description

Address North side of Liushan Street, Gaolou Town, Sanhe City, Hebei Province, Langfang, CHN, 101407
Grinm Metal Composites (Beijing) Technolgy Co Ltd is engaged in the research, development, production and sales of metal composite materials and products, and special non-ferrous metal alloy products. Its activities include the manufacturing and processing of non-ferrous metals, as well as the production and sale of metal matrix and ceramic matrix composites, forgings, and powder metallurgy products.
17GF Score

Get the complete analysis for SHSE:688811

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

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