ANPA (Rich Sparkle Holdings) Asset Turnover: 0.64 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ANPA Rich Sparkle Holdings Ltd ANPA
23 GF Score
Price $4.39
! 1 Warning Sign
View Full Analysis

What is Rich Sparkle Holdings Asset Turnover?

Rich Sparkle Holdings ANPA +5.02% 23 Asset Turnover is 0.64 as of Sep. 2025. GuruFocus rates ANPA with a GF Score™ of 23/100. The stock has 1 warning sign 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. Rich Sparkle Holdings's Revenue for the six months ended in Sep. 2025 was $4.51 Mil. Rich Sparkle Holdings's Total Assets for the quarter that ended in Sep. 2025 was $7.02 Mil. Therefore, Rich Sparkle Holdings's Asset Turnover for the quarter that ended in Sep. 2025 was 0.64.

Asset Turnover is linked to ROE % through Du Pont Formula. Rich Sparkle Holdings's annualized ROE % for the quarter that ended in Sep. 2025 was 19.66%. It is also linked to ROA % through Du Pont Formula. Rich Sparkle Holdings's annualized ROA % for the quarter that ended in Sep. 2025 was 11.12%.


Rich Sparkle Holdings  (NAS:ANPA) Asset Turnover Explanation

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

Rich Sparkle Holdings's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=0.78/3.968
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.78 / 9.014)*(9.014 / 7.017)*(7.017/ 3.968)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.65 %*1.2846*1.7684
=ROA %*Equity Multiplier
=11.12 %*1.7684
=19.66 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

Rich Sparkle Holdings's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=0.78/7.017
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.78 / 9.014)*(9.014 / 7.017)
=Net Margin %*Asset Turnover
=8.65 %*1.2846
=11.12 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Rich Sparkle Holdings Asset Turnover Related Terms


Rich Sparkle Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Rich Sparkle Holdings'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.

Rich Sparkle Holdings Asset Turnover Chart

Rich Sparkle Holdings Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Asset Turnover
1.31 1.30 1.07 0.84

Rich Sparkle Holdings Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Asset Turnover Get a 7-Day Free Trial 0.92 0.38 0.73 0.29 0.64

ANPA vs WFCF, DLHC, TISI: Asset Turnover Comparison

For the Specialty Business Services subindustry, Rich Sparkle Holdings'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.


Rich Sparkle Holdings Asset Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Rich Sparkle Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rich Sparkle Holdings's Asset Turnover falls into.


ANPA
23GF Score
Rich Sparkle Holdings Ltd ANPA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rich Sparkle Holdings Asset Turnover Calculation

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

Rich Sparkle Holdings's Asset Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2025 )/( (Total Assets (A: Sep. 2024 )+Total Assets (A: Sep. 2025 ))/ count )
=6.249/( (6.324+8.494)/ 2 )
=6.249/7.409
=0.84

Rich Sparkle Holdings's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=4.507/( (5.54+8.494)/ 2 )
=4.507/7.017
=0.64

* 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 0.64 mean?
Rich Sparkle Holdings (ANPA) has a Asset Turnover of 0.64 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rich Sparkle Holdings and its competitors.
Is Rich Sparkle Holdings' Asset Turnover too high?
Rich Sparkle Holdings' current Asset Turnover is 0.64. Overall, Rich Sparkle Holdings has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Rich Sparkle Holdings' Asset Turnover compare to WFCF and DLHC?
Rich Sparkle Holdings' Asset Turnover of 0.64 can be compared against companies in the Business Services 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 Business Services company?
A good Asset Turnover depends on the Business Services 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 Rich Sparkle Holdings and its competitors. Rich Sparkle Holdings's current Asset Turnover is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Sparkle Holdings stock overvalued right now?
Rich Sparkle Holdings (ANPA) has a current Asset Turnover of 0.64. The current Asset Turnover is 0.64. Rich Sparkle Holdings' overall GF Score™ is 23/100 with 1 warning sign 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 Rich Sparkle Holdings (ANPA), the current Asset Turnover is 0.64 as of Sep. 2025. 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.

Rich Sparkle Holdings Business Description

Address 99 Queen’s Road Central, Portion 2, 12th Floor, The Center, MTR Central Station - Exit D1, Hong Kong, HKG
Rich Sparkle Holdings Ltd is a holding company conducting its operations as a professional specialist in the provision of financial printing services such as printing, typesetting and translation, advisory services including Environmental, Social and Governance (ESG) and internal control reporting services and other services including standalone annual general meeting and extraordinary general meeting supporting service and other standalone services, through its sole operating subsidiary in Hong Kong. Its segments include Financial printing services such as printing, typesetting and translation, Advisory services including Environmental, Social and Governance Report and Other services.
23GF Score

Get the complete analysis for ANPA

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

$4.39
Price