H&G High Conviction (ASX:HCF) Asset Turnover: -0.10 (As of Dec. 2025)


What is H&G High Conviction Asset Turnover?

H&G High Conviction ASX:HCF Asset Turnover is -0.10 as of Dec. 2025. 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. H&G High Conviction's Revenue for the six months ended in Dec. 2025 was A$-0.02 Mil. H&G High Conviction's Total Assets for the quarter that ended in Dec. 2025 was A$0.25 Mil. Therefore, H&G High Conviction's Asset Turnover for the quarter that ended in Dec. 2025 was -0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. H&G High Conviction's annualized ROE % for the quarter that ended in Dec. 2025 was -45.43%. It is also linked to ROA % through Du Pont Formula. H&G High Conviction's annualized ROA % for the quarter that ended in Dec. 2025 was -41.38%.

H&G High Conviction  (ASX:HCF) Asset Turnover Explanation

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

H&G High Conviction's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-0.102/0.2245
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.102 / -0.048)*(-0.048 / 0.2465)*(0.2465/ 0.2245)
=Net Margin %*Asset Turnover*Equity Multiplier
=212.5 %*-0.1947*1.098
=ROA %*Equity Multiplier
=-41.38 %*1.098
=-45.43 %

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

H&G High Conviction's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-0.102/0.2465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.102 / -0.048)*(-0.048 / 0.2465)
=Net Margin %*Asset Turnover
=212.5 %*-0.1947
=-41.38 %

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

H&G High Conviction Asset Turnover Related Terms

H&G High Conviction Asset Turnover Historical Data

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The historical data trend for H&G High Conviction'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.

H&G High Conviction Asset Turnover Chart

H&G High Conviction Annual Data
Trend Jun24 Jun25
Asset Turnover
0.08 -0.23

H&G High Conviction Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial 0.08 -0.00 -0.07 -0.13 -0.10

ASX:HCF vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, H&G High Conviction'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.

H&G High Conviction Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, H&G High Conviction's Asset Turnover distribution charts can be found below:

* The bar in red indicates where H&G High Conviction's Asset Turnover falls into.


H&G High Conviction Asset Turnover Calculation

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

H&G High Conviction's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=-3.32/( (28.165+0.272)/ 2 )
=-3.32/14.2185
=-0.23

H&G High Conviction's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-0.024/( (0.272+0.221)/ 2 )
=-0.024/0.2465
=-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?
H&G High Conviction (ASX:HCF) has a Asset Turnover of -0.10 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on H&G High Conviction and its competitors.
Is H&G High Conviction's Asset Turnover too high?
H&G High Conviction's current Asset Turnover is -0.10.
How does H&G High Conviction's Asset Turnover compare to BLK and BX?
H&G High Conviction's Asset Turnover of -0.10 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Asset Turnover depends on the Asset Management 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 H&G High Conviction and its competitors. H&G High Conviction'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 H&G High Conviction stock overvalued right now?
H&G High Conviction (ASX:HCF) has a current Asset Turnover of -0.10. The current Asset Turnover is -0.10. 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 H&G High Conviction (ASX:HCF), the current Asset Turnover is -0.10 as of Dec. 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.

H&G High Conviction Business Description

Address 68 Pitt Street, Level 11, Sydney, NSW, AUS, 2000
H&G High Conviction Ltd is an investment company that focuses on building a portfolio of microcap companies. The company aims to generate risk-adjusted returns by investing in companies with solid fundamental prospects that are undervalued by the market. It generates revenue through interest income and dividends from its portfolio investments. The company's investment activities are centered in the Australian market.