Hanon Advanced Technology Group Co (BJSE:920476) Asset Turnover: 0.12 (As of Mar. 2026)

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BJSE:920476 Hanon Advanced Technology Group Co Ltd BJSE:920476
87 GF Score
Price ¥21.98
GF Value ¥18.24
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hanon Advanced Technology Group Co Asset Turnover?

Hanon Advanced Technology Group Co BJSE:920476 87 Asset Turnover is 0.12 as of Mar. 2026. GuruFocus rates BJSE:920476 with a GF Score™ of 87/100 and a GF Value™ of ¥18.24 (Modestly Overvalued). The stock has 3 warning signs 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. Hanon Advanced Technology Group Co's Revenue for the three months ended in Mar. 2026 was ¥66.4 Mil. Hanon Advanced Technology Group Co's Total Assets for the quarter that ended in Mar. 2026 was ¥570.5 Mil. Therefore, Hanon Advanced Technology Group Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Hanon Advanced Technology Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was -0.25%. It is also linked to ROA % through Du Pont Formula. Hanon Advanced Technology Group Co's annualized ROA % for the quarter that ended in Mar. 2026 was -0.20%.


Hanon Advanced Technology Group Co  (BJSE:920476) Asset Turnover Explanation

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

Hanon Advanced Technology Group Co's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1.14/448.4015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.14 / 265.696)*(265.696 / 570.491)*(570.491/ 448.4015)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.43 %*0.4657*1.2723
=ROA %*Equity Multiplier
=-0.20 %*1.2723
=-0.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Hanon Advanced Technology Group Co's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-1.14/570.491
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.14 / 265.696)*(265.696 / 570.491)
=Net Margin %*Asset Turnover
=-0.43 %*0.4657
=-0.20 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Hanon Advanced Technology Group Co Asset Turnover Related Terms


Hanon Advanced Technology Group Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hanon Advanced Technology Group 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.

Hanon Advanced Technology Group Co Asset Turnover Chart

Hanon Advanced Technology Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.53 0.56 0.53 0.64

Hanon Advanced Technology Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.10 0.15 0.17 0.24 0.12

BJSE:920476 vs COHR, KEYS, GRMN: Asset Turnover Comparison

For the Scientific & Technical Instruments subindustry, Hanon Advanced Technology Group 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.


Hanon Advanced Technology Group Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Hanon Advanced Technology Group Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hanon Advanced Technology Group Co's Asset Turnover falls into.


BJSE:920476
87GF Score
Hanon Advanced Technology Group Co Ltd BJSE:920476
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanon Advanced Technology Group Co Asset Turnover Calculation

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

Hanon Advanced Technology Group Co's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=361.85/( (560.179+577.396)/ 2 )
=361.85/568.7875
=0.64

Hanon Advanced Technology Group Co's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=66.424/( (577.396+563.586)/ 2 )
=66.424/570.491
=0.12

* 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 0.12 mean?
Hanon Advanced Technology Group Co (BJSE:920476) has a Asset Turnover of 0.12 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hanon Advanced Technology Group Co and its competitors.
Is Hanon Advanced Technology Group Co's Asset Turnover too high?
Hanon Advanced Technology Group Co's current Asset Turnover is 0.12. Overall, Hanon Advanced Technology Group Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanon Advanced Technology Group Co's Asset Turnover compare to COHR and KEYS?
Hanon Advanced Technology Group Co's Asset Turnover of 0.12 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Hanon Advanced Technology Group Co and its competitors. Hanon Advanced Technology Group Co's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanon Advanced Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co (BJSE:920476) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥18.24, compared to a current price of ¥21.98 — trading 20.5% above its estimated fair value. The current Asset Turnover is 0.12. Hanon Advanced Technology Group Co's overall GF Score™ is 87/100 with 3 warning signs 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 Hanon Advanced Technology Group Co (BJSE:920476), the current Asset Turnover is 0.12 as of Mar. 2026. 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.

Is Hanon Advanced Technology Group Co (BJSE:920476) Overvalued in 2026?

Based on GuruFocus' analysis, Hanon Advanced Technology Group Co stock appears to be overvalued. The current stock price of ¥21.98 is trading 20.5% above its estimated GF Value™ of ¥18.24. GuruFocus considers Hanon Advanced Technology Group Co to be Modestly Overvalued.

Key valuation signals for BJSE:920476:

  • Asset Turnover: 0.12
  • GF Value™: ¥18.24 vs. price of ¥21.98 (20.5% above fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the BJSE:920476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanon Advanced Technology Group Co Business Description

Address No. 7000, Jingshi Road, 4th Floor, Building 1, Block A3, Hanyu Golden Valley, High-tech Zone, Shandong Province, Jinan City, CHN, 250101
Hanon Advanced Technology Group Co Ltd engages in research and development, production, and sales of experimental analysis instruments. Its product comprises High-Performance Liquid Chromatography, organic element analysis, sample pretreatment, physical optics, electrochemistry, general lab equipment, pumps, and valves.
87GF Score

Get the complete analysis for BJSE:920476

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

¥21.98
Price
¥18.24
GF Value