Futong Technology Development Holdings (HKSE:00465) Asset Turnover: 0.26 (As of Dec. 2025)


HKSE:00465 Futong Technology Development Holdings Ltd HKSE:00465
26 GF Score
Price HK$3.66
GF Value HK$0.21
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Futong Technology Development Holdings Asset Turnover?

Futong Technology Development Holdings HKSE:00465 -1.35% 26 Asset Turnover is 0.26 as of Dec. 2025. GuruFocus rates HKSE:00465 with a GF Score™ of 26/100 and a GF Value™ of HK$0.21 (Significantly 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. Futong Technology Development Holdings's Revenue for the six months ended in Dec. 2025 was HK$73.2 Mil. Futong Technology Development Holdings's Total Assets for the quarter that ended in Dec. 2025 was HK$282.0 Mil. Therefore, Futong Technology Development Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Futong Technology Development Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was -34.97%. It is also linked to ROA % through Du Pont Formula. Futong Technology Development Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -26.52%.


Futong Technology Development Holdings  (HKSE:00465) Asset Turnover Explanation

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

Futong Technology Development Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-74.786/213.851
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-74.786 / 146.444)*(146.444 / 282.0085)*(282.0085/ 213.851)
=Net Margin %*Asset Turnover*Equity Multiplier
=-51.07 %*0.5193*1.3187
=ROA %*Equity Multiplier
=-26.52 %*1.3187
=-34.97 %

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:

Futong Technology Development Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-74.786/282.0085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-74.786 / 146.444)*(146.444 / 282.0085)
=Net Margin %*Asset Turnover
=-51.07 %*0.5193
=-26.52 %

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.


Futong Technology Development Holdings Asset Turnover Related Terms


Futong Technology Development Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Futong Technology Development 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.

Futong Technology Development Holdings Asset Turnover Chart

Futong Technology Development 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 0.35 0.58 0.33 0.43 0.47

Futong Technology Development 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 0.26 0.18 0.25 0.20 0.26

HKSE:00465 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Futong Technology Development 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.


Futong Technology Development Holdings Asset Turnover vs Software Industry

For the Software industry and Technology sector, Futong Technology Development Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Futong Technology Development Holdings's Asset Turnover falls into.


HKSE:00465
26GF Score
Futong Technology Development Holdings Ltd HKSE:00465
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Futong Technology Development Holdings Asset Turnover Calculation

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

Futong Technology Development 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 )
=137.606/( (327.058+263.331)/ 2 )
=137.606/295.1945
=0.47

Futong Technology Development 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 )
=73.222/( (300.686+263.331)/ 2 )
=73.222/282.0085
=0.26

* 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 0.26 mean?
Futong Technology Development Holdings (HKSE:00465) has a Asset Turnover of 0.26 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Futong Technology Development Holdings and its competitors.
Is Futong Technology Development Holdings' Asset Turnover too high?
Futong Technology Development Holdings' current Asset Turnover is 0.26. Overall, Futong Technology Development Holdings has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Futong Technology Development Holdings' Asset Turnover compare to IBM and ACN?
Futong Technology Development Holdings' Asset Turnover of 0.26 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Futong Technology Development Holdings and its competitors. Futong Technology Development Holdings's current Asset Turnover is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Futong Technology Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Futong Technology Development Holdings (HKSE:00465) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$3.66 — trading 1642.9% above its estimated fair value. The current Asset Turnover is 0.26. Futong Technology Development Holdings' overall GF Score™ is 26/100 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 Futong Technology Development Holdings (HKSE:00465), the current Asset Turnover is 0.26 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 Futong Technology Development Holdings (HKSE:00465) Overvalued in 2026?

Based on GuruFocus' analysis, Futong Technology Development Holdings stock appears to be overvalued. The current stock price of HK$3.66 is trading 1642.9% above its estimated GF Value™ of HK$0.21. GuruFocus considers Futong Technology Development Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00465:

  • Asset Turnover: 0.26
  • GF Value™: HK$0.21 vs. price of HK$3.66 (1642.9% above fair value)
  • GF Score™: 26/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Futong Technology Development Holdings Business Description

Address No. 26 Chaowai Street, Units B1901 on level 19 and B2001 on level 20 of Tower B, Chaowaimen Office Center, Chaoyang District, Beijing, CHN
Futong Technology Development Holdings Ltd is an enterprise digital transformation services provider in China. It uses technologies such as cloud computing and AI to provide enterprise customers with digital products, solutions, and professional IT services. The Group's two key product offerings are Cloud Intelligence and Data Intelligence. Maximum revenue is derived from Cloud Intelligence product offerings, which include its proprietary cloud-computing products, including CloudScape, CloudOne, CloudShare, CloudObs, and CloudAtlas. The Data Intelligence products include Voice of Customer, IntelligenceCore Data Workshop, and IntelligenceCore AI Agent Management Platform, among others, integrating AI technology into the different business scenarios of customers in various industries.
26GF Score

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

HK$3.66
Price
HK$0.21
GF Value