Asia Cassava Resources Holdings (HKSE:00841) Asset Turnover: 0.33 (As of Mar. 2026)

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HKSE:00841 Asia Cassava Resources Holdings Ltd HKSE:00841
34 GF Score
Price HK$0.17
GF Value HK$0.11
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asia Cassava Resources Holdings Asset Turnover?

Asia Cassava Resources Holdings HKSE:00841 -5.56% 34 Asset Turnover is 0.33 as of Mar. 2026. GuruFocus rates HKSE:00841 with a GF Score™ of 34/100 and a GF Value™ of HK$0.11 (Significantly Overvalued). The stock has 4 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. Asia Cassava Resources Holdings's Revenue for the six months ended in Mar. 2026 was HK$427 Mil. Asia Cassava Resources Holdings's Total Assets for the quarter that ended in Mar. 2026 was HK$1,307 Mil. Therefore, Asia Cassava Resources Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. Asia Cassava Resources Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was -4.84%. It is also linked to ROA % through Du Pont Formula. Asia Cassava Resources Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was -1.93%.


Asia Cassava Resources Holdings  (HKSE:00841) Asset Turnover Explanation

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

Asia Cassava Resources Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-25.208/520.9345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.208 / 853.81)*(853.81 / 1306.583)*(1306.583/ 520.9345)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.95 %*0.6535*2.5082
=ROA %*Equity Multiplier
=-1.93 %*2.5082
=-4.84 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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:

Asia Cassava Resources Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-25.208/1306.583
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.208 / 853.81)*(853.81 / 1306.583)
=Net Margin %*Asset Turnover
=-2.95 %*0.6535
=-1.93 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


Asia Cassava Resources Holdings Asset Turnover Related Terms


Asia Cassava Resources Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Asia Cassava Resources 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.

Asia Cassava Resources Holdings Asset Turnover Chart

Asia Cassava Resources Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.60 0.68 0.62 0.82

Asia Cassava Resources Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.23 0.33 0.36 0.59 0.33

HKSE:00841 vs KHC, GIS: Asset Turnover Comparison

For the Packaged Foods subindustry, Asia Cassava Resources 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.


Asia Cassava Resources Holdings Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asia Cassava Resources Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Asia Cassava Resources Holdings's Asset Turnover falls into.


HKSE:00841
34GF Score
Asia Cassava Resources Holdings Ltd HKSE:00841
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Cassava Resources Holdings Asset Turnover Calculation

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

Asia Cassava Resources Holdings's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1275.303/( (1696.726+1431.224)/ 2 )
=1275.303/1563.975
=0.82

Asia Cassava Resources Holdings's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=426.905/( (1181.942+1431.224)/ 2 )
=426.905/1306.583
=0.33

* 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 0.33 mean?
Asia Cassava Resources Holdings (HKSE:00841) has a Asset Turnover of 0.33 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Asia Cassava Resources Holdings and its competitors.
Is Asia Cassava Resources Holdings' Asset Turnover too high?
Asia Cassava Resources Holdings' current Asset Turnover is 0.33. Overall, Asia Cassava Resources Holdings has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Cassava Resources Holdings' Asset Turnover compare to KHC and GIS?
Asia Cassava Resources Holdings' Asset Turnover of 0.33 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Asia Cassava Resources Holdings and its competitors. Asia Cassava Resources Holdings's current Asset Turnover is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cassava Resources Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Cassava Resources Holdings (HKSE:00841) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.11, compared to a current price of HK$0.17 — trading 54.5% above its estimated fair value. The current Asset Turnover is 0.33. Asia Cassava Resources Holdings' overall GF Score™ is 34/100 with 4 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 Asia Cassava Resources Holdings (HKSE:00841), the current Asset Turnover is 0.33 as of Mar. 2026. 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 Asia Cassava Resources Holdings (HKSE:00841) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Cassava Resources Holdings stock appears to be overvalued. The current stock price of HK$0.17 is trading 54.5% above its estimated GF Value™ of HK$0.11. GuruFocus considers Asia Cassava Resources Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:00841:

  • Asset Turnover: 0.33
  • GF Value™: HK$0.11 vs. price of HK$0.17 (54.5% above fair value)
  • GF Score™: 34/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Cassava Resources Holdings Business Description

Address 63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates the majority of revenue offers procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos, and Thailand out of which Mainland China acts as a maximum revenue contributor.
34GF Score

Get the complete analysis for HKSE:00841

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

HK$0.17
Price
HK$0.11
GF Value