New Gonow Recreational Vehicles (HKSE:00805) Asset Turnover: 0.52 (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.

HKSE:00805 New Gonow Recreational Vehicles Inc HKSE:00805
19 GF Score
Price HK$8.16
! 3 Warning Signs
View Full Analysis

What is New Gonow Recreational Vehicles Asset Turnover?

New Gonow Recreational Vehicles HKSE:00805 +0.12% 19 Asset Turnover is 0.52 as of Dec. 2025. GuruFocus rates HKSE:00805 with a GF Score™ of 19/100. 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. New Gonow Recreational Vehicles's Revenue for the six months ended in Dec. 2025 was HK$508 Mil. New Gonow Recreational Vehicles's Total Assets for the quarter that ended in Dec. 2025 was HK$987 Mil. Therefore, New Gonow Recreational Vehicles's Asset Turnover for the quarter that ended in Dec. 2025 was 0.52.

Asset Turnover is linked to ROE % through Du Pont Formula. New Gonow Recreational Vehicles's annualized ROE % for the quarter that ended in Dec. 2025 was 0.07%. It is also linked to ROA % through Du Pont Formula. New Gonow Recreational Vehicles's annualized ROA % for the quarter that ended in Dec. 2025 was 0.03%.


New Gonow Recreational Vehicles  (HKSE:00805) Asset Turnover Explanation

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

New Gonow Recreational Vehicles's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0.266/365.2935
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.266 / 1015.574)*(1015.574 / 986.7375)*(986.7375/ 365.2935)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.03 %*1.0292*2.7012
=ROA %*Equity Multiplier
=0.03 %*2.7012
=0.07 %

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:

New Gonow Recreational Vehicles's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=0.266/986.7375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.266 / 1015.574)*(1015.574 / 986.7375)
=Net Margin %*Asset Turnover
=0.03 %*1.0292
=0.03 %

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.


New Gonow Recreational Vehicles Asset Turnover Related Terms


New Gonow Recreational Vehicles Asset Turnover Historical Data

* Premium members only.

The historical data trend for New Gonow Recreational Vehicles'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.

New Gonow Recreational Vehicles Asset Turnover Chart

New Gonow Recreational Vehicles Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
1.34 1.83 2.04 1.79 1.25

New Gonow Recreational Vehicles Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.91 0.81 0.55 0.52 0.53

HKSE:00805 vs BC, THO, PII: Asset Turnover Comparison

For the Recreational Vehicles subindustry, New Gonow Recreational Vehicles'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.


New Gonow Recreational Vehicles Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Gonow Recreational Vehicles's Asset Turnover distribution charts can be found below:

* The bar in red indicates where New Gonow Recreational Vehicles's Asset Turnover falls into.


HKSE:00805
19GF Score
New Gonow Recreational Vehicles Inc HKSE:00805
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Gonow Recreational Vehicles Asset Turnover Calculation

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

New Gonow Recreational Vehicles'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 )
=962.628/( (597.759+941.865)/ 2 )
=962.628/769.812
=1.25

New Gonow Recreational Vehicles'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 )
=507.787/( (1031.61+941.865)/ 2 )
=507.787/986.7375
=0.51

* 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 0.52 mean?
New Gonow Recreational Vehicles (HKSE:00805) has a Asset Turnover of 0.52 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on New Gonow Recreational Vehicles and its competitors.
Is New Gonow Recreational Vehicles' Asset Turnover too high?
New Gonow Recreational Vehicles' current Asset Turnover is 0.52. Overall, New Gonow Recreational Vehicles has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does New Gonow Recreational Vehicles' Asset Turnover compare to BC and THO?
New Gonow Recreational Vehicles' Asset Turnover of 0.52 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 New Gonow Recreational Vehicles and its competitors. New Gonow Recreational Vehicles's current Asset Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Gonow Recreational Vehicles stock overvalued right now?
New Gonow Recreational Vehicles (HKSE:00805) has a current Asset Turnover of 0.52. The current Asset Turnover is 0.52. New Gonow Recreational Vehicles' overall GF Score™ is 19/100 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 New Gonow Recreational Vehicles (HKSE:00805), the current Asset Turnover is 0.52 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.

New Gonow Recreational Vehicles Business Description

Address Tongren Road, Building 333, Tongxiang, Zhejiang Province, Jiaxing, CHN
New Gonow Recreational Vehicles Inc is a a recreational vehicle enterprise with an presence in Australasia that designs, develops, manufactures and sells bespoke towable RVs. It has nearly 49 RV models, which were all standard caravans, spanning eight distinct series under three characteristic brands, namely Snowy River, Regent and NEWGEN. The company has two geographical revenue: Australia and New Zealand. Australia generated key revenue for the company.
19GF Score

Get the complete analysis for HKSE:00805

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

HK$8.16
Price