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.
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.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fulum Group Holdings's Revenue for the
six
months ended in Sep. 2025 was HK$717 Mil. Fulum Group Holdings's Total Assets for the quarter that ended in Sep. 2025 was HK$936 Mil. Therefore, Fulum Group Holdings's Asset Turnover for the quarter that ended in Sep. 2025 was 0.77.
Asset Turnover is linked to ROE % through Du Pont Formula. Fulum Group Holdings's annualizedROE % for the quarter that ended in Sep. 2025 was -62.68%. It is also linked to ROA % through Du Pont Formula. Fulum Group Holdings's annualizedROA % for the quarter that ended in Sep. 2025 was -7.39%.
Fulum Group Holdings (HKSE:01443) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Fulum 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:
Fulum 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.
Fulum Group Holdings Asset Turnover Related Terms
Fulum Group Holdings Asset Turnover Historical Data
* Premium members only.
The historical data trend for Fulum Group 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.
HKSE:01443 vs MCD, SBUX, YUM: Asset Turnover Comparison
For the Restaurants subindustry, Fulum 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.
Fulum Group Holdings Asset Turnover vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Fulum Group Holdings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Fulum 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.
Fulum Group Holdings (HKSE:01443) has a Asset Turnover of 0.77 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fulum Group Holdings and its competitors.
Is Fulum Group Holdings' Asset Turnover too high?
Fulum Group Holdings' current Asset Turnover is 0.77.
How does Fulum Group Holdings' Asset Turnover compare to MCD and SBUX?
Fulum Group Holdings' Asset Turnover of 0.77 can be compared against companies in the Restaurants 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 Restaurants company?
A good Asset Turnover depends on the Restaurants 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 Fulum Group Holdings and its competitors. Fulum Group Holdings's current Asset Turnover is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulum Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fulum Group Holdings (HKSE:01443) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.14, compared to a current price of HK$0.05 — trading 65.7% below its estimated fair value. The current Asset Turnover is 0.77. 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 Fulum Group Holdings (HKSE:01443), the current Asset Turnover is 0.77 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.
Fulum Group Holdings Ltd is an investment holding company. The company is principally engaged in restaurant operations in Hong Kong and Mainland China. It is also involved in the production, sale, and distribution of food products related to restaurant operations. Geographically, the company generates revenue from Hong Kong and PRC, it derives a majority of its revenue from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01443 has been successfully added to your 
