Vico International Holdings (HKSE:01621) Asset Turnover: 2.04 (As of Mar. 2026)

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HKSE:01621 Vico International Holdings Ltd HKSE:01621
62 GF Score
Price HK$0.19
GF Value HK$0.08
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vico International Holdings Asset Turnover?

Vico International Holdings HKSE:01621 62 Asset Turnover is 2.04 as of Mar. 2026. GuruFocus rates HKSE:01621 with a GF Score™ of 62/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 5 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. Vico International Holdings's Revenue for the six months ended in Mar. 2026 was HK$609 Mil. Vico International Holdings's Total Assets for the quarter that ended in Mar. 2026 was HK$299 Mil. Therefore, Vico International Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 2.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Vico International Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 4.07%. It is also linked to ROA % through Du Pont Formula. Vico International Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 3.34%.


Vico International Holdings  (HKSE:01621) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=10.012/245.895
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.012 / 1218.666)*(1218.666 / 299.3815)*(299.3815/ 245.895)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.82 %*4.0706*1.2175
=ROA %*Equity Multiplier
=3.34 %*1.2175
=4.07 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=10.012/299.3815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10.012 / 1218.666)*(1218.666 / 299.3815)
=Net Margin %*Asset Turnover
=0.82 %*4.0706
=3.34 %

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.


Vico International Holdings Asset Turnover Related Terms


Vico International Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vico International 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.

Vico International Holdings Asset Turnover Chart

Vico International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 3.85 5.97 5.51 4.46

Vico International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 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 3.14 2.87 2.54 2.38 2.04

HKSE:01621 vs MPC, VLO, PSX: Asset Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Vico International 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.


Vico International Holdings Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vico International Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vico International Holdings's Asset Turnover falls into.


HKSE:01621
62GF Score
Vico International Holdings Ltd HKSE:01621
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vico International Holdings Asset Turnover Calculation

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

Vico International Holdings'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 )
=1307.029/( (287.287+298.437)/ 2 )
=1307.029/292.862
=4.46

Vico International Holdings'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 )
=609.333/( (300.326+298.437)/ 2 )
=609.333/299.3815
=2.04

* 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 2.04 mean?
Vico International Holdings (HKSE:01621) has a Asset Turnover of 2.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vico International Holdings and its competitors.
Is Vico International Holdings' Asset Turnover too high?
Vico International Holdings' current Asset Turnover is 2.04. Overall, Vico International Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vico International Holdings' Asset Turnover compare to MPC and VLO?
Vico International Holdings' Asset Turnover of 2.04 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Vico International Holdings and its competitors. Vico International Holdings's current Asset Turnover is 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vico International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vico International Holdings (HKSE:01621) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.19 — trading 141.3% above its estimated fair value. The current Asset Turnover is 2.04. Vico International Holdings' overall GF Score™ is 62/100 with 5 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 Vico International Holdings (HKSE:01621), the current Asset Turnover is 2.04 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 Vico International Holdings (HKSE:01621) Overvalued in 2026?

Based on GuruFocus' analysis, Vico International Holdings stock appears to be overvalued. The current stock price of HK$0.19 is trading 141.3% above its estimated GF Value™ of HK$0.08. GuruFocus considers Vico International Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:01621:

  • Asset Turnover: 2.04
  • GF Value™: HK$0.08 vs. price of HK$0.19 (141.3% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the HKSE:01621 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vico International Holdings Business Description

Industry EnergyOil & Gas
Address No. 10 Cheung Yue Street, Unit D, 11th Floor, Billion Plaza II, Cheung Sha Wan, Hong Kong, HKG
Vico International Holdings Ltd is engaged in the business of distribution of petrochemicals products. The company's portfolio of products comprises sales of diesel, lubricant oil and others and provision of fleet cards service. The operating segments of the group are Sales of diesel; Provision of fleet card service; Sales of lubricant oil and Sales of others. The company derives the majority of its revenue from the Sales of the diesel segment. Geographically, the group has a business presence in Hong Kong; Macau, Vietnam, Dubai, Korea, India, and Malaysia, of which key revenue is generated from Hong Kong.
62GF Score

Get the complete analysis for HKSE:01621

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

HK$0.19
Price
HK$0.08
GF Value