Meihua International Medical Technologies Co Asset Turnover Growth & History (MHUAF)
Meihua International Medical Technologies Co's asset turnover was 0.31 for fiscal 2025.
View full Meihua International Medical Technologies Co company overviewMeihua International Medical Technologies Co annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.31 | −0.23 | −41.95% |
| 2024 | 2024-12-31 | 0.54 | −0.04 | −6.51% |
| 2023 | 2023-12-31 | 0.58 | 0.58 | +297722.99% |
| 2022 · Dec 31 | 2022-12-31 | 0.00 | −0.86 | −99.98% |
| 2021 | 2021-12-31 | 0.86 | — | — |
Meihua International Medical Technologies Co asset turnover trends
Between the periods ended 2021-12-31 and 2025-12-31, Meihua International Medical Technologies Co's asset turnover decreased from 0.86 to 0.31, a change of −0.54.
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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