China Hongqiao Group (HKSE:01378) Asset Turnover: 0.35 (As of Dec. 2025)

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HKSE:01378 China Hongqiao Group Ltd HKSE:01378
83 GF Score
Price HK$23.94
GF Value HK$14.70
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is China Hongqiao Group Asset Turnover?

China Hongqiao Group HKSE:01378 +3.37% 83 Asset Turnover is 0.35 as of Dec. 2025. GuruFocus rates HKSE:01378 with a GF Score™ of 83/100 and a GF Value™ of HK$14.70 (Significantly Overvalued). The stock has 1 warning sign 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. China Hongqiao Group's Revenue for the six months ended in Dec. 2025 was HK$89,830 Mil. China Hongqiao Group's Total Assets for the quarter that ended in Dec. 2025 was HK$260,400 Mil. Therefore, China Hongqiao Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. China Hongqiao Group's annualized ROE % for the quarter that ended in Dec. 2025 was 16.98%. It is also linked to ROA % through Du Pont Formula. China Hongqiao Group's annualized ROA % for the quarter that ended in Dec. 2025 was 8.72%.


China Hongqiao Group  (HKSE:01378) Asset Turnover Explanation

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

China Hongqiao Group's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=22702.232/133729.1785
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22702.232 / 179660.636)*(179660.636 / 260400.0275)*(260400.0275/ 133729.1785)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.64 %*0.6899*1.9472
=ROA %*Equity Multiplier
=8.72 %*1.9472
=16.98 %

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:

China Hongqiao Group's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=22702.232/260400.0275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22702.232 / 179660.636)*(179660.636 / 260400.0275)
=Net Margin %*Asset Turnover
=12.64 %*0.6899
=8.72 %

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.


China Hongqiao Group Asset Turnover Related Terms


China Hongqiao Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for China Hongqiao Group'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.

China Hongqiao Group Asset Turnover Chart

China Hongqiao Group 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 0.63 0.67 0.69 0.72 0.70

China Hongqiao Group 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 0.35 0.35 0.37 0.36 0.35

HKSE:01378 vs AA, CENX, CSTM: Asset Turnover Comparison

For the Aluminum subindustry, China Hongqiao Group'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.


China Hongqiao Group Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Hongqiao Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where China Hongqiao Group's Asset Turnover falls into.


HKSE:01378
83GF Score
China Hongqiao Group Ltd HKSE:01378
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Hongqiao Group Asset Turnover Calculation

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

China Hongqiao Group'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 )
=179356.239/( (244673.103+271076.364)/ 2 )
=179356.239/257874.7335
=0.70

China Hongqiao Group'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 )
=89830.318/( (249723.691+271076.364)/ 2 )
=89830.318/260400.0275
=0.34

* 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 0.35 mean?
China Hongqiao Group (HKSE:01378) has a Asset Turnover of 0.35 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on China Hongqiao Group and its competitors.
Is China Hongqiao Group's Asset Turnover too high?
China Hongqiao Group's current Asset Turnover is 0.35. Overall, China Hongqiao Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Hongqiao Group's Asset Turnover compare to AA and CENX?
China Hongqiao Group's Asset Turnover of 0.35 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining 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 China Hongqiao Group and its competitors. China Hongqiao Group's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Hongqiao Group stock overvalued right now?
Based on GuruFocus' analysis, China Hongqiao Group (HKSE:01378) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$14.70, compared to a current price of HK$23.94 — trading 62.9% above its estimated fair value. The current Asset Turnover is 0.35. China Hongqiao Group's overall GF Score™ is 83/100 with 1 warning sign 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 China Hongqiao Group (HKSE:01378), the current Asset Turnover is 0.35 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.

Is China Hongqiao Group (HKSE:01378) Overvalued in 2026?

Based on GuruFocus' analysis, China Hongqiao Group stock appears to be overvalued. The current stock price of HK$23.94 is trading 62.9% above its estimated GF Value™ of HK$14.70. GuruFocus considers China Hongqiao Group to be Significantly Overvalued.

Key valuation signals for HKSE:01378:

  • Asset Turnover: 0.35
  • GF Value™: HK$14.70 vs. price of HK$23.94 (62.9% above fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the HKSE:01378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Hongqiao Group Business Description

Address Huixian One Road, Zouping Economic Development District, Shandong Province, Zouping, CHN, 256200
China Hongqiao Group Ltd manufactures and sells aluminum products. Its products include molten aluminum alloy, aluminum alloy ingots, aluminum busbars, aluminum alloy processing products, and alumina products. The company has the manufacturing and sale of aluminum products segment. The company's geographical segments are China and Indonesia out of which China accounts for the majority of the revenue.
83GF Score

Get the complete analysis for HKSE:01378

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

HK$23.94
Price
HK$14.70
GF Value