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Zhejiang Crystal-OpTech Co (SZSE:002273) Asset Turnover : 0.13 (As of Mar. 2025)


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What is Zhejiang Crystal-OpTech Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Zhejiang Crystal-OpTech Co's Revenue for the three months ended in Mar. 2025 was ¥1,482 Mil. Zhejiang Crystal-OpTech Co's Total Assets for the quarter that ended in Mar. 2025 was ¥11,679 Mil. Therefore, Zhejiang Crystal-OpTech Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Zhejiang Crystal-OpTech Co's annualized ROE % for the quarter that ended in Mar. 2025 was 9.66%. It is also linked to ROA % through Du Pont Formula. Zhejiang Crystal-OpTech Co's annualized ROA % for the quarter that ended in Mar. 2025 was 7.56%.


Zhejiang Crystal-OpTech Co Asset Turnover Historical Data

The historical data trend for Zhejiang Crystal-OpTech 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.

* Premium members only.

Zhejiang Crystal-OpTech Co Asset Turnover Chart

Zhejiang Crystal-OpTech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.44 0.44 0.47 0.55

Zhejiang Crystal-OpTech Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.12 0.12 0.19 0.14 0.13

Competitive Comparison of Zhejiang Crystal-OpTech Co's Asset Turnover

For the Electronic Components subindustry, Zhejiang Crystal-OpTech 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.


Zhejiang Crystal-OpTech Co's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Crystal-OpTech Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Crystal-OpTech Co's Asset Turnover falls into.


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Zhejiang Crystal-OpTech Co Asset Turnover Calculation

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

Zhejiang Crystal-OpTech Co's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=6277.688/( (11254.921+11679.654)/ 2 )
=6277.688/11467.2875
=0.55

Zhejiang Crystal-OpTech Co's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=1482.423/( (11679.654+11678.557)/ 2 )
=1482.423/11679.1055
=0.13

* 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.


Zhejiang Crystal-OpTech Co  (SZSE:002273) Asset Turnover Explanation

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

Zhejiang Crystal-OpTech Co's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=883.424/9143.2765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(883.424 / 5929.692)*(5929.692 / 11679.1055)*(11679.1055/ 9143.2765)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.9 %*0.5077*1.2773
=ROA %*Equity Multiplier
=7.56 %*1.2773
=9.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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:

Zhejiang Crystal-OpTech Co's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=883.424/11679.1055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(883.424 / 5929.692)*(5929.692 / 11679.1055)
=Net Margin %*Asset Turnover
=14.9 %*0.5077
=7.56 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) 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.


Zhejiang Crystal-OpTech Co Asset Turnover Related Terms

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Zhejiang Crystal-OpTech Co Business Description

Traded in Other Exchanges
N/A
Address
Tower A5, Xingxing Electronic Industrial Zone, Jiaojiang District, Zhejiang, Taizhou, CHN, 318015
Zhejiang Crystal-OpTech Co Ltd is a China-based high-tech company. It is engaged in the research, development, manufacture, and sale of optoelectronic components. The main products of the company are applied to the digital camera, mobile phone camera, security monitoring camera, computer camera and other digital camera lenses, semiconductor illumination, micro projector, smart glasses, road traffic mark and safety protection. The company has the precise optical cold working technology, super-hard material optical process technology, precise optical film, semiconductor process, coating, and embedding core technologies.
Executives
Lin Min Director
Wang Bao Xin Executives
Li Xia Yun Directors, executives
Zheng Ping Executives
Jin Li Jian Executives
Xiong Bo Directors, executives
Liu Feng Lei Executives
Wang Zhen Yu Directors, executives
Sheng Yong Jiang Directors, executives
Pan Ling Juan Supervisors
Chen Dan Supervisors
Fan Chong Guo Directors, executives
Liu Hui Securities Affairs Representative
Pan Mao Zhi Executives
Zhou Jian Jun Executives

Zhejiang Crystal-OpTech Co Headlines

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