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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Qian Xun Technology's Revenue for the
six
months ended in Dec. 2025 was HK$935 Mil. Qian Xun Technology's Total Assets for the quarter that ended in Dec. 2025 was HK$753 Mil. Therefore, Qian Xun Technology's Asset Turnover for the quarter that ended in Dec. 2025 was 1.24.
Asset Turnover is linked to ROE % through Du Pont Formula. Qian Xun Technology's annualizedROE % for the quarter that ended in Dec. 2025 was -61.16%. It is also linked to ROA % through Du Pont Formula. Qian Xun Technology's annualizedROA % for the quarter that ended in Dec. 2025 was -18.76%.
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:
Qian Xun Technology'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.
Qian Xun Technology Asset Turnover Related Terms
Qian Xun Technology Asset Turnover Historical Data
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The historical data trend for Qian Xun Technology'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:01640 vs APP, OMC, TTD: Asset Turnover Comparison
For the Advertising Agencies subindustry, Qian Xun Technology'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.
Qian Xun Technology Asset Turnover vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Qian Xun Technology's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Qian Xun Technology'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.
Qian Xun Technology (HKSE:01640) has a Asset Turnover of 1.24 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Qian Xun Technology and its competitors.
Is Qian Xun Technology's Asset Turnover too high?
Qian Xun Technology's current Asset Turnover is 1.24. Overall, Qian Xun Technology has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Qian Xun Technology's Asset Turnover compare to APP and OMC?
Qian Xun Technology's Asset Turnover of 1.24 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Qian Xun Technology and its competitors. Qian Xun Technology's current Asset Turnover is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qian Xun Technology stock overvalued right now?
Based on GuruFocus' analysis, Qian Xun Technology (HKSE:01640) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.10, compared to a current price of HK$0.43 — trading 91.6% below its estimated fair value. The current Asset Turnover is 1.24. Qian Xun Technology's overall GF Score™ is 70/100 with 7 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 Qian Xun Technology (HKSE:01640), the current Asset Turnover is 1.24 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 Qian Xun Technology (HKSE:01640) Overvalued in 2026?
Based on GuruFocus' analysis, Qian Xun Technology stock appears to be undervalued.
The current stock price of HK$0.43 is trading 91.6% below its estimated GF Value™ of HK$5.10.
GuruFocus considers Qian Xun Technology to be Possible Value Trap.
Key valuation signals for HKSE:01640:
Asset Turnover: 1.24
GF Value™: HK$5.10 vs. price of HK$0.43 (91.6% below fair value)
No single metric tells the full story. See the HKSE:01640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qian Xun Technology Ltd is a service provider in the pre-owned digital device trading sector, dedicated to secondhand electronics transactions through AI technology and SaaS platforms, addressing surging market demand amid value-conscious consumption trends. Company has two reportable segments Advertisement segment and Pre-owned E-commerce segment which includes recycling of pre-owned 3C products via multiple channels, including its online platform, self-service kiosks at partner locations, and company-owned retail stores. Leveraging AI and SaaS capabilities, it delivers end-to-end solutions such as precision pricing, intelligent omnichannel distribution, and inventory optimization, enhancing transaction efficiency and profitability margins across the ecosystem.
70GF Score
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