Highness Microelectronics (BOM:544741) Asset Turnover: 1.25 (As of Mar. 2025)

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BOM:544741 Highness Microelectronics Ltd BOM:544741
18 GF Score
Price ₹182.50
! 8 Warning Signs
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What is Highness Microelectronics Asset Turnover?

Highness Microelectronics BOM:544741 +1.39% 18 Asset Turnover is 1.25 as of Mar. 2025. GuruFocus rates BOM:544741 with a GF Score™ of 18/100. The stock has 8 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. Highness Microelectronics's Revenue for the six months ended in Mar. 2025 was ₹140.7 Mil. Highness Microelectronics's Total Assets for the quarter that ended in Mar. 2025 was ₹112.5 Mil. Therefore, Highness Microelectronics's Asset Turnover for the quarter that ended in Mar. 2025 was 1.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Highness Microelectronics's annualized ROE % for the quarter that ended in Mar. 2025 was 94.18%. It is also linked to ROA % through Du Pont Formula. Highness Microelectronics's annualized ROA % for the quarter that ended in Mar. 2025 was 44.83%.


Highness Microelectronics  (BOM:544741) Asset Turnover Explanation

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

Highness Microelectronics's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=50.452/53.567
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.452 / 281.476)*(281.476 / 112.5465)*(112.5465/ 53.567)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.92 %*2.501*2.101
=ROA %*Equity Multiplier
=44.83 %*2.101
=94.18 %

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

Highness Microelectronics's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=50.452/112.5465
=(Net Income / Revenue)*(Revenue / Total Assets)
=(50.452 / 281.476)*(281.476 / 112.5465)
=Net Margin %*Asset Turnover
=17.92 %*2.501
=44.83 %

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


Highness Microelectronics Asset Turnover Related Terms


Highness Microelectronics Asset Turnover Historical Data

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The historical data trend for Highness Microelectronics'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.

Highness Microelectronics Asset Turnover Chart

Highness Microelectronics Annual Data
Trend Mar23 Mar24 Mar25
Asset Turnover
2.02 1.65 1.25

Highness Microelectronics Semi-Annual Data
Mar23 Mar24 Mar25
Asset Turnover 2.02 1.65 1.25

BOM:544741 vs APH, GLW, TEL: Asset Turnover Comparison

For the Electronic Components subindustry, Highness Microelectronics'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.


Highness Microelectronics Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Highness Microelectronics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Highness Microelectronics's Asset Turnover falls into.


BOM:544741
18GF Score
Highness Microelectronics Ltd BOM:544741
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Highness Microelectronics Asset Turnover Calculation

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

Highness Microelectronics's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=140.738/( (82.039+143.054)/ 2 )
=140.738/112.5465
=1.25

Highness Microelectronics's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=140.738/( (82.039+143.054)/ 2 )
=140.738/112.5465
=1.25

* 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 1.25 mean?
Highness Microelectronics (BOM:544741) has a Asset Turnover of 1.25 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Highness Microelectronics and its competitors.
Is Highness Microelectronics' Asset Turnover too high?
Highness Microelectronics' current Asset Turnover is 1.25. Overall, Highness Microelectronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highness Microelectronics' Asset Turnover compare to APH and GLW?
Highness Microelectronics' Asset Turnover of 1.25 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 Highness Microelectronics and its competitors. Highness Microelectronics's current Asset Turnover is 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highness Microelectronics stock overvalued right now?
Highness Microelectronics (BOM:544741) has a current Asset Turnover of 1.25. The current Asset Turnover is 1.25. Highness Microelectronics' overall GF Score™ is 18/100 with 8 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 Highness Microelectronics (BOM:544741), the current Asset Turnover is 1.25 as of Mar. 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.

Highness Microelectronics Business Description

Address Kherani Road, Office 1C3, 1st Floor, Gundecha Onclave, Saki Vihar, Andheri (East, Mumbai, MH, IND, 400072
Highness Microelectronics Ltd is engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories, namely 'Off the Shelf Products' and 'Market Specific Solutions/Project'. Its offerings include display modules and components such as TFT and LCD modules, display controllers, touch screens, backlight drivers, and related assemblies, as well as display systems, including Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors for industrial and medical applications. The majority of the company's revenue is derived from designing, developing, integrating, assembling and manufacturing of Digital-Imaging Solutions.
18GF Score

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

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