Qingdao Richen Food Co

Qingdao Richen Food Co Asset Turnover

The Asset Turnover Ratio of Qingdao Richen Food Co (603755.SS) as of Oct 21, 2026 is 0.39. In the previous year, Asset Turnover Ratio was 0.40 — a change of -2.99% (lower).

Asset Turnover

0.39

YoY

-2.99%

Last updated:

Asset Turnover Ratio of Qingdao Richen Food Co is 2025 0.39 . Asset Turnover Ratio of Qingdao Richen Food Co was 2024 0.40 . It decreases by -2.99% lower compared to the previous year.

The Qingdao Richen Food Co Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Asset Turnover
Date
Asset Turnover
Jan 1, 2018
0.97 CNY
Jan 1, 2019
0.45 CNY
Jan 1, 2020
0.37 CNY
Jan 1, 2021
0.41 CNY
Jan 1, 2022
0.33 CNY
Jan 1, 2023
0.37 CNY
Jan 1, 2024
0.40 CNY
Jan 1, 2025
0.39 CNY
The Qingdao Richen Food Co Asset Turnover history
YEARAsset TurnoverYoY
0.39-2.99%
0.40+8.03%
0.37+11.59%
0.33-18.53%
0.41+11.03%
0.37-18.20%
0.45-53.38%
0.97-5.37%
1.03+12.13%
0.91+9.68%
0.83-6.96%
0.90—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Qingdao Richen Food Co Stock analysis

What does Qingdao Richen Food Co do? Qingdao Richen Food Co., Ltd. makes money by customizing, researching, developing, producing, and selling compound seasonings. The company provides formulation development, refined applications, and standardized production for food processing and catering companies. Its main products are sauce seasonings, powder seasonings, and a small amount of food additives. The brand Weizhiwuyu is used for these products. The company serves food processing and catering companies as its primary customers. These clients purchase compound seasoning solutions tailored to their specific needs. Qingdao Richen focuses on providing customized seasoning products that meet the requirements of its business clients. Weizhiwuyu is the brand under which Qingdao Richen sells its compound seasonings. The brand is associated with sauce seasonings, powder seasonings, and food additives. The company's business model relies on direct sales to food processing and catering businesses through its branded products. Qingdao Richen Food Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Qingdao Richen Food Co stock

Asset Turnover Ratio of Qingdao Richen Food Co is 0.39 in 2025.

Asset Turnover Ratio of Qingdao Richen Food Co changed from 0.40 to 0.39, representing a -2.99% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Asset Turnover Ratio Qingdao Richen Food Co since 2006 – with annual values, charts, and detailed analysis.

Asset turnover measures how efficiently a company uses its assets to generate revenue. Higher ratios indicate more efficient asset utilization.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Asset Turnover Ratio's Qingdao Richen Food Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Asset Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Asset Turnover Ratio.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Profitability — Qingdao Richen Food Co

All Key Metrics — Qingdao Richen Food Co