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. Ulferts International's Revenue for the
six
months ended in Mar. 2026 was HK$70.4 Mil. Ulferts International's Total Assets for the quarter that ended in Mar. 2026 was HK$67.2 Mil. Therefore, Ulferts International's Asset Turnover for the quarter that ended in Mar. 2026 was 1.05.
Asset Turnover is linked to ROE % through Du Pont Formula. Ulferts International's annualizedROE % for the quarter that ended in Mar. 2026 was 8.71%. It is also linked to ROA % through Du Pont Formula. Ulferts International's annualizedROA % for the quarter that ended in Mar. 2026 was 2.78%.
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:
Ulferts International's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Ulferts International Asset Turnover Related Terms
Ulferts International Asset Turnover Historical Data
* Premium members only.
The historical data trend for Ulferts International'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:01711 vs CASY, WSM, ULTA: Asset Turnover Comparison
For the Specialty Retail subindustry, Ulferts International'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.
Ulferts International Asset Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulferts International's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Ulferts International'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.
Ulferts International (HKSE:01711) has a Asset Turnover of 1.05 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ulferts International and its competitors.
Is Ulferts International's Asset Turnover too high?
Ulferts International's current Asset Turnover is 1.05. Overall, Ulferts International has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ulferts International's Asset Turnover compare to CASY and WSM?
Ulferts International's Asset Turnover of 1.05 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Ulferts International and its competitors. Ulferts International's current Asset Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulferts International stock overvalued right now?
Based on GuruFocus' analysis, Ulferts International (HKSE:01711) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.15 — trading 111.4% above its estimated fair value. The current Asset Turnover is 1.05. Ulferts International's overall GF Score™ is 46/100 with 3 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 Ulferts International (HKSE:01711), the current Asset Turnover is 1.05 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 Ulferts International (HKSE:01711) Overvalued in 2026?
Based on GuruFocus' analysis, Ulferts International stock appears to be overvalued.
The current stock price of HK$0.15 is trading 111.4% above its estimated GF Value™ of HK$0.07.
GuruFocus considers Ulferts International to be Significantly Overvalued.
Key valuation signals for HKSE:01711:
Asset Turnover: 1.05
GF Value™: HK$0.07 vs. price of HK$0.15 (111.4% above fair value)
No single metric tells the full story. See the HKSE:01711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ulferts International Ltd is an investment holding company. Through its subsidiaries, the company is engaged in the retail of imported furniture; wholesale of imported furniture, and project sales. Its product offerings include sofabeds, adjustable beds, and other ancillary items such as pillows, mattress toppers, and mattress protectors. Geographically, it derives revenue from Hong Kong.
46GF Score
Get the complete analysis for HKSE:01711
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01711 has been successfully added to your 
