BOC Hong Kong Holdings (HAM:BOF) Asset Turnover: 0.01 (As of Dec. 2025)


HAM:BOF BOC Hong Kong Holdings Ltd HAM:BOF
73 GF Score
Price €5.06
GF Value €3.46
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BOC Hong Kong Holdings Asset Turnover?

BOC Hong Kong Holdings HAM:BOF -2.24% 73 Asset Turnover is 0.01 as of Dec. 2025. GuruFocus rates HAM:BOF with a GF Score™ of 73/100 and a GF Value™ of €3.46 (Significantly Overvalued). The stock has 6 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. BOC Hong Kong Holdings's Revenue for the six months ended in Dec. 2025 was €4,672 Mil. BOC Hong Kong Holdings's Total Assets for the quarter that ended in Dec. 2025 was €489,409 Mil. Therefore, BOC Hong Kong Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. BOC Hong Kong Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was 10.15%. It is also linked to ROA % through Du Pont Formula. BOC Hong Kong Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 0.81%.

BOC Hong Kong Holdings  (HAM:BOF) Asset Turnover Explanation

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

BOC Hong Kong Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=3944.46/38844.5755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3944.46 / 9343.862)*(9343.862 / 489409.174)*(489409.174/ 38844.5755)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.21 %*0.0191*12.5992
=ROA %*Equity Multiplier
=0.81 %*12.5992
=10.15 %

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:

BOC Hong Kong Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=3944.46/489409.174
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3944.46 / 9343.862)*(9343.862 / 489409.174)
=Net Margin %*Asset Turnover
=42.21 %*0.0191
=0.81 %

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.

BOC Hong Kong Holdings Asset Turnover Related Terms

BOC Hong Kong Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for BOC Hong Kong 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.

BOC Hong Kong Holdings Asset Turnover Chart

BOC Hong Kong Holdings 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 0.02 0.02 0.02 0.02 0.02

BOC Hong Kong Holdings 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 0.01 0.01 0.01 0.01 0.01

BOC Hong Kong Holdings Asset Turnover Competitor Comparison

For the Banks - Regional subindustry, BOC Hong Kong 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.

BOC Hong Kong Holdings Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, BOC Hong Kong Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BOC Hong Kong Holdings's Asset Turnover falls into.


HAM:BOF
73GF Score
BOC Hong Kong Holdings Ltd HAM:BOF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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BOC Hong Kong Holdings Asset Turnover Calculation

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

BOC Hong Kong Holdings'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 )
=9759.733/( (515303.424+492789.544)/ 2 )
=9759.733/504046.484
=0.02

BOC Hong Kong Holdings'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 )
=4671.931/( (486028.804+492789.544)/ 2 )
=4671.931/489409.174
=0.01

* 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 0.01 mean?
BOC Hong Kong Holdings (HAM:BOF) has a Asset Turnover of 0.01 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BOC Hong Kong Holdings and its competitors.
Is BOC Hong Kong Holdings' Asset Turnover too high?
BOC Hong Kong Holdings' current Asset Turnover is 0.01. Overall, BOC Hong Kong Holdings has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Hong Kong Holdings' Asset Turnover compare to competitors?
BOC Hong Kong Holdings' Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 BOC Hong Kong Holdings and its competitors. BOC Hong Kong Holdings's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Hong Kong Holdings stock overvalued right now?
Based on GuruFocus' analysis, BOC Hong Kong Holdings (HAM:BOF) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.46, compared to a current price of €5.06 — trading 46.4% above its estimated fair value. The current Asset Turnover is 0.01. BOC Hong Kong Holdings' overall GF Score™ is 73/100 with 6 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 BOC Hong Kong Holdings (HAM:BOF), the current Asset Turnover is 0.01 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 BOC Hong Kong Holdings (HAM:BOF) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Hong Kong Holdings stock appears to be overvalued. The current stock price of €5.06 is trading 46.4% above its estimated GF Value™ of €3.46. GuruFocus considers BOC Hong Kong Holdings to be Significantly Overvalued.

Key valuation signals for HAM:BOF:

  • Asset Turnover: 0.01
  • GF Value™: €3.46 vs. price of €5.06 (46.4% above fair value)
  • GF Score™: 73/100 with 6 warning signs

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

BOC Hong Kong Holdings Business Description

Address 1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
BOC Hong Kong is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOC Hong Kong is legally separate from its parent, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOC Hong Kong.
73GF Score

Get the complete analysis for HAM:BOF

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

€5.06
Price
€3.46
GF Value