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Asset Turnover is linked to ROE % through Du Pont Formula. Shenzhen HQVT Technology Co's annualizedROE % for the quarter that ended in Dec. 2025 was 19.94%. It is also linked to ROA % through Du Pont Formula. Shenzhen HQVT Technology Co's annualizedROA % for the quarter that ended in Dec. 2025 was 10.53%.
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:
Shenzhen HQVT Technology Co's annulizedROA % for the quarter that ended in Dec. 2025 is
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.
Shenzhen HQVT Technology Co Asset Turnover Related Terms
Shenzhen HQVT Technology Co 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.
Shenzhen HQVT Technology Co Asset Turnover Chart
Shenzhen HQVT Technology Co Annual Data
Trend
Dec23
Dec24
Dec25
Asset Turnover
0.45
1.55
1.20
Shenzhen HQVT Technology Co Semi-Annual Data
Dec23
Dec24
Dec25
Asset Turnover
0.45
1.55
1.20
HKSE:01392 vs MSFT, ORCL, PLTR: Asset Turnover Comparison
For the Software - Infrastructure subindustry, Shenzhen HQVT Technology Co'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.
Shenzhen HQVT Technology Co Asset Turnover vs Software Industry
For the Software industry and Technology sector, Shenzhen HQVT Technology Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Shenzhen HQVT Technology Co'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.
Shenzhen HQVT Technology Co (HKSE:01392) has a Asset Turnover of 1.20 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shenzhen HQVT Technology Co and its competitors.
Is Shenzhen HQVT Technology Co's Asset Turnover too high?
Shenzhen HQVT Technology Co's current Asset Turnover is 1.20. Overall, Shenzhen HQVT Technology Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen HQVT Technology Co's Asset Turnover compare to MSFT and ORCL?
Shenzhen HQVT Technology Co's Asset Turnover of 1.20 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Shenzhen HQVT Technology Co and its competitors. Shenzhen HQVT Technology Co's current Asset Turnover is 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen HQVT Technology Co stock overvalued right now?
Shenzhen HQVT Technology Co (HKSE:01392) has a current Asset Turnover of 1.20. The current Asset Turnover is 1.20. Shenzhen HQVT Technology Co's overall GF Score™ is 17/100 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 Shenzhen HQVT Technology Co (HKSE:01392), the current Asset Turnover is 1.20 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.
Shenzhen HQVT Technology Co Ltd operates as a multispectral AI technology enterprise in China. The company and its subsidiaries are principally engaged in Multispectral AI Modules, Multispectral AI Perception Terminals, and Multispectral AI Large Model Services. The majority of the company's revenue is derived from the Multispectral AI Large Model Services, which integrate multispectral data with domain-specific AI to support training, compression, and secure on-device deployment. It serves various industries, including electronic products, software and information technology services, IDC, intelligent driving systems, telecommunication operators, IoT, system integration, and construction. Geographically, it generates the maximum revenue from Mainland China.
17GF Score
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