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Asset Turnover is linked to ROE % through Du Pont Formula. Grand Ming Group Holdings's annualizedROE % for the quarter that ended in Sep. 2025 was -1.92%. It is also linked to ROA % through Du Pont Formula. Grand Ming Group Holdings's annualizedROA % for the quarter that ended in Sep. 2025 was -0.56%.
Grand Ming Group Holdings (HKSE:01271) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Grand Ming Group Holdings's annulizedROE % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:
Grand Ming Group Holdings's annulizedROA % for the quarter that ended in Sep. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.
Grand Ming Group Holdings Asset Turnover Related Terms
Grand Ming Group Holdings Asset Turnover Historical 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.
HKSE:01271 vs PWR, FIX, EME: Asset Turnover Comparison
For the Engineering & Construction subindustry, Grand Ming Group 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.
Grand Ming Group Holdings Asset Turnover vs Construction Industry
For the Construction industry and Industrials sector, Grand Ming Group Holdings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Grand Ming Group Holdings's Asset Turnover falls into.
* 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.
Grand Ming Group Holdings (HKSE:01271) has a Asset Turnover of 0.03 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Grand Ming Group Holdings and its competitors.
Is Grand Ming Group Holdings' Asset Turnover too high?
Grand Ming Group Holdings' current Asset Turnover is 0.03. Overall, Grand Ming Group Holdings has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Ming Group Holdings' Asset Turnover compare to PWR and FIX?
Grand Ming Group Holdings' Asset Turnover of 0.03 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Grand Ming Group Holdings and its competitors. Grand Ming Group Holdings'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 Grand Ming Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grand Ming Group Holdings (HKSE:01271) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$1.50, compared to a current price of HK$0.24 — trading 84.1% below its estimated fair value. The current Asset Turnover is 0.03. Grand Ming Group Holdings' overall GF Score™ is 46/100 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 Grand Ming Group Holdings (HKSE:01271), the current Asset Turnover is 0.03 as of Sep. 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 Grand Ming Group Holdings (HKSE:01271) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Ming Group Holdings stock appears to be undervalued.
The current stock price of HK$0.24 is trading 84.1% below its estimated GF Value™ of HK$1.50.
GuruFocus considers Grand Ming Group Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:01271:
Asset Turnover: 0.03
GF Value™: HK$1.50 vs. price of HK$0.24 (84.1% below fair value)
No single metric tells the full story. See the HKSE:01271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.
46GF Score
Get the complete analysis for HKSE:01271
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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