Hong Kong Technology Venture Co (FRA:XHN1) Asset Turnover: 0.71 (As of Dec. 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.

FRA:XHN1 Hong Kong Technology Venture Co Ltd FRA:XHN1
58 GF Score
Price €0.11
GF Value €0.21
! 1 Warning Sign
View Full Analysis

What is Hong Kong Technology Venture Co Asset Turnover?

Hong Kong Technology Venture Co FRA:XHN1 58 Asset Turnover is 0.71 as of Dec. 2025. GuruFocus rates FRA:XHN1 with a GF Score™ of 58/100 and a GF Value™ of €0.21. 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. Hong Kong Technology Venture Co's Revenue for the six months ended in Dec. 2025 was €216.0 Mil. Hong Kong Technology Venture Co's Total Assets for the quarter that ended in Dec. 2025 was €304.4 Mil. Therefore, Hong Kong Technology Venture Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.71.

Asset Turnover is linked to ROE % through Du Pont Formula. Hong Kong Technology Venture Co's annualized ROE % for the quarter that ended in Dec. 2025 was -16.87%. It is also linked to ROA % through Du Pont Formula. Hong Kong Technology Venture Co's annualized ROA % for the quarter that ended in Dec. 2025 was -9.11%.


Hong Kong Technology Venture Co  (FRA:XHN1) Asset Turnover Explanation

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

Hong Kong Technology Venture Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-27.736/164.396
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-27.736 / 431.972)*(431.972 / 304.43)*(304.43/ 164.396)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.42 %*1.419*1.8518
=ROA %*Equity Multiplier
=-9.11 %*1.8518
=-16.87 %

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:

Hong Kong Technology Venture Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-27.736/304.43
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-27.736 / 431.972)*(431.972 / 304.43)
=Net Margin %*Asset Turnover
=-6.42 %*1.419
=-9.11 %

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.


Hong Kong Technology Venture Co Asset Turnover Related Terms


Hong Kong Technology Venture Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co Asset Turnover Chart

Hong Kong Technology Venture 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 1.03 1.15 1.06 1.20 1.25

Hong Kong Technology Venture Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.56 0.55 0.60 0.60 0.71

FRA:XHN1 vs AMZN, BABA, PDD: Asset Turnover Comparison

For the Internet Retail subindustry, Hong Kong Technology Venture 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.


Hong Kong Technology Venture Co Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hong Kong Technology Venture Co's Asset Turnover falls into.


FRA:XHN1
58GF Score
Hong Kong Technology Venture Co Ltd FRA:XHN1
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Kong Technology Venture Co Asset Turnover Calculation

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

Hong Kong Technology Venture 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 )
=423.253/( (380.818+295.051)/ 2 )
=423.253/337.9345
=1.25

Hong Kong Technology Venture Co'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 )
=215.986/( (313.809+295.051)/ 2 )
=215.986/304.43
=0.71

* 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 0.71 mean?
Hong Kong Technology Venture Co (FRA:XHN1) has a Asset Turnover of 0.71 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hong Kong Technology Venture Co and its competitors.
Is Hong Kong Technology Venture Co's Asset Turnover too high?
Hong Kong Technology Venture Co's current Asset Turnover is 0.71. Overall, Hong Kong Technology Venture Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Technology Venture Co's Asset Turnover compare to AMZN and BABA?
Hong Kong Technology Venture Co's Asset Turnover of 0.71 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Hong Kong Technology Venture Co and its competitors. Hong Kong Technology Venture Co's current Asset Turnover is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Technology Venture Co stock overvalued right now?
Hong Kong Technology Venture Co (FRA:XHN1) has a current Asset Turnover of 0.71. The stock's GF Value™ is €0.21, compared to a current price of €0.11 — trading 45.7% below its estimated fair value. The current Asset Turnover is 0.71. Hong Kong Technology Venture Co's overall GF Score™ is 58/100 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 Hong Kong Technology Venture Co (FRA:XHN1), the current Asset Turnover is 0.71 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.

Is Hong Kong Technology Venture Co (FRA:XHN1) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Technology Venture Co stock appears to be undervalued. The current stock price of €0.11 is trading 45.7% below its estimated GF Value™ of €0.21.

Key valuation signals for FRA:XHN1:

  • Asset Turnover: 0.71
  • GF Value™: €0.21 vs. price of €0.11 (45.7% below fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the FRA:XHN1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Technology Venture Co Business Description

Other Exchanges HKTVY:USA01137:Hong Kong
Address No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Hong Kong Technology Venture Co Ltd is included in the business of Ecommerce business which cover end-to end online shopping platform operation (including fulfillment and logistics), multimedia production and other related services; and New venture projects performing research and development activities on technologies, and operating business by adopting the technologies globally; and research, development and provision of technology solutions as a service including end-to-end digital retailing and retail store automation. The company has two reporting segments: Hong Kong Ecommerce business and New Ventures and Technology business, out of which the Hong Kong Ecommerce business derives the maximum revenue.
58GF Score

Get the complete analysis for FRA:XHN1

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

€0.11
Price
€0.21
GF Value