Value Convergence Holdings (HKSE:00821) Asset Turnover: 0.11 (As of Dec. 2025)

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HKSE:00821 Value Convergence Holdings Ltd HKSE:00821
17 GF Score
Price HK$0.27
! 3 Warning Signs
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What is Value Convergence Holdings Asset Turnover?

Value Convergence Holdings HKSE:00821 -1.85% 17 Asset Turnover is 0.11 as of Dec. 2025. GuruFocus rates HKSE:00821 with a GF Score™ of 17/100. 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. Value Convergence Holdings's Revenue for the six months ended in Dec. 2025 was HK$49.09 Mil. Value Convergence Holdings's Total Assets for the quarter that ended in Dec. 2025 was HK$451.07 Mil. Therefore, Value Convergence Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Value Convergence Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was -7.66%. It is also linked to ROA % through Du Pont Formula. Value Convergence Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -5.91%.


Value Convergence Holdings  (HKSE:00821) Asset Turnover Explanation

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

Value Convergence Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-26.644/347.944
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-26.644 / 98.182)*(98.182 / 451.0715)*(451.0715/ 347.944)
=Net Margin %*Asset Turnover*Equity Multiplier
=-27.14 %*0.2177*1.2964
=ROA %*Equity Multiplier
=-5.91 %*1.2964
=-7.66 %

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:

Value Convergence Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-26.644/451.0715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-26.644 / 98.182)*(98.182 / 451.0715)
=Net Margin %*Asset Turnover
=-27.14 %*0.2177
=-5.91 %

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.


Value Convergence Holdings Asset Turnover Related Terms


Value Convergence Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Value Convergence 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.

Value Convergence Holdings Asset Turnover Chart

Value Convergence 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 0.13 -0.10 -0.08 0.05 0.10

Value Convergence 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 0.07 0.00 0.11

HKSE:00821 vs MS, GS, SCHW: Asset Turnover Comparison

For the Capital Markets subindustry, Value Convergence 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.


Value Convergence Holdings Asset Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value Convergence Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Value Convergence Holdings's Asset Turnover falls into.


HKSE:00821
17GF Score
Value Convergence Holdings Ltd HKSE:00821
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Value Convergence Holdings Asset Turnover Calculation

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

Value Convergence 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 )
=49.201/( (451.601+497.858)/ 2 )
=49.201/474.7295
=0.10

Value Convergence 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 )
=49.091/( (404.285+497.858)/ 2 )
=49.091/451.0715
=0.11

* 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 0.11 mean?
Value Convergence Holdings (HKSE:00821) has a Asset Turnover of 0.11 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Value Convergence Holdings and its competitors.
Is Value Convergence Holdings' Asset Turnover too high?
Value Convergence Holdings' current Asset Turnover is 0.11. Overall, Value Convergence Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Value Convergence Holdings' Asset Turnover compare to MS and GS?
Value Convergence Holdings' Asset Turnover of 0.11 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Asset Turnover depends on the Capital Markets 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 Value Convergence Holdings and its competitors. Value Convergence Holdings's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Convergence Holdings stock overvalued right now?
Value Convergence Holdings (HKSE:00821) has a current Asset Turnover of 0.11. The current Asset Turnover is 0.11. Value Convergence Holdings' overall GF Score™ is 17/100 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 Value Convergence Holdings (HKSE:00821), the current Asset Turnover is 0.11 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.

Value Convergence Holdings Business Description

Address 181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG
Value Convergence Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates as a financial services group delivering financial services and products that fulfill various investment and wealth management needs of its clients. The Group's reportable operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Property Investment. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services. Geographically, the Group generates all its revenue from Hong Kong.
17GF Score

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

HK$0.27
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