Cherish Sunshine International (HKSE:01094) Asset Turnover: 0.03 (As of Mar. 2026)

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:01094 Cherish Sunshine International Ltd HKSE:01094
27 GF Score
Price HK$0.26
GF Value HK$0.06
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Cherish Sunshine International Asset Turnover?

Cherish Sunshine International HKSE:01094 27 Asset Turnover is 0.03 as of Mar. 2026. GuruFocus rates HKSE:01094 with a GF Score™ of 27/100 and a GF Value™ of HK$0.06 (Significantly Overvalued). The stock has 7 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. Cherish Sunshine International's Revenue for the six months ended in Mar. 2026 was HK$13.30 Mil. Cherish Sunshine International's Total Assets for the quarter that ended in Mar. 2026 was HK$509.57 Mil. Therefore, Cherish Sunshine International's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Cherish Sunshine International's annualized ROE % for the quarter that ended in Mar. 2026 was 4.83%. It is also linked to ROA % through Du Pont Formula. Cherish Sunshine International's annualized ROA % for the quarter that ended in Mar. 2026 was 1.67%.


Cherish Sunshine International  (HKSE:01094) Asset Turnover Explanation

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

Cherish Sunshine International's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8.532/176.6455
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.532 / 26.604)*(26.604 / 509.5665)*(509.5665/ 176.6455)
=Net Margin %*Asset Turnover*Equity Multiplier
=32.07 %*0.0522*2.8847
=ROA %*Equity Multiplier
=1.67 %*2.8847
=4.83 %

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:

Cherish Sunshine International's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=8.532/509.5665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.532 / 26.604)*(26.604 / 509.5665)
=Net Margin %*Asset Turnover
=32.07 %*0.0522
=1.67 %

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.


Cherish Sunshine International Asset Turnover Related Terms


Cherish Sunshine International Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cherish Sunshine International'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.

Cherish Sunshine International Asset Turnover Chart

Cherish Sunshine International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.46 1.18 0.16 0.09

Cherish Sunshine International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 0.87 0.11 0.02 0.06 0.03

HKSE:01094 vs HON, MMM: Asset Turnover Comparison

For the Conglomerates subindustry, Cherish Sunshine International'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.


Cherish Sunshine International Asset Turnover vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cherish Sunshine International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cherish Sunshine International's Asset Turnover falls into.


HKSE:01094
27GF Score
Cherish Sunshine International Ltd HKSE:01094
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cherish Sunshine International Asset Turnover Calculation

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

Cherish Sunshine International'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 )
=46.894/( (538.006+511.072)/ 2 )
=46.894/524.539
=0.09

Cherish Sunshine International'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 )
=13.302/( (508.061+511.072)/ 2 )
=13.302/509.5665
=0.03

* 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 0.03 mean?
Cherish Sunshine International (HKSE:01094) has a Asset Turnover of 0.03 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cherish Sunshine International and its competitors.
Is Cherish Sunshine International's Asset Turnover too high?
Cherish Sunshine International's current Asset Turnover is 0.03. Overall, Cherish Sunshine International has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cherish Sunshine International's Asset Turnover compare to HON and MMM?
Cherish Sunshine International's Asset Turnover of 0.03 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Asset Turnover depends on the Conglomerates 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 Cherish Sunshine International and its competitors. Cherish Sunshine International's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherish Sunshine International stock overvalued right now?
Based on GuruFocus' analysis, Cherish Sunshine International (HKSE:01094) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.26 — trading 325% above its estimated fair value. The current Asset Turnover is 0.03. Cherish Sunshine International's overall GF Score™ is 27/100 with 7 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 Cherish Sunshine International (HKSE:01094), the current Asset Turnover is 0.03 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 Cherish Sunshine International (HKSE:01094) Overvalued in 2026?

Based on GuruFocus' analysis, Cherish Sunshine International stock appears to be overvalued. The current stock price of HK$0.26 is trading 325% above its estimated GF Value™ of HK$0.06. GuruFocus considers Cherish Sunshine International to be Significantly Overvalued.

Key valuation signals for HKSE:01094:

  • Asset Turnover: 0.03
  • GF Value™: HK$0.06 vs. price of HK$0.26 (325% above fair value)
  • GF Score™: 27/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01094 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cherish Sunshine International Business Description

Address No. 1818-2 Wenyi West Road, Yuhang Street, Unit 109-14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN
Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services and other IT services, trading business, rental income, and energy management contracting business. The majority of the revenue derives from the provision of procurement services and other IT services. Geographically, it operates in Hong Kong and PRC except Hong Kong.
27GF Score

Get the complete analysis for HKSE:01094

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

HK$0.26
Price
HK$0.06
GF Value