China New Higher Education Group (HKSE:02001) Asset Turnover: 0.14 (As of Feb. 2026)

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HKSE:02001 China New Higher Education Group Ltd HKSE:02001
82 GF Score
Price HK$0.58
GF Value HK$1.63
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is China New Higher Education Group Asset Turnover?

China New Higher Education Group HKSE:02001 -1.69% 82 Asset Turnover is 0.14 as of Feb. 2026. GuruFocus rates HKSE:02001 with a GF Score™ of 82/100 and a GF Value™ of HK$1.63 (Possible Value Trap). The stock has 4 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. China New Higher Education Group's Revenue for the six months ended in Feb. 2026 was HK$1,641 Mil. China New Higher Education Group's Total Assets for the quarter that ended in Feb. 2026 was HK$12,131 Mil. Therefore, China New Higher Education Group's Asset Turnover for the quarter that ended in Feb. 2026 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. China New Higher Education Group's annualized ROE % for the quarter that ended in Feb. 2026 was 18.51%. It is also linked to ROA % through Du Pont Formula. China New Higher Education Group's annualized ROA % for the quarter that ended in Feb. 2026 was 8.81%.


China New Higher Education Group  (HKSE:02001) Asset Turnover Explanation

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

China New Higher Education Group's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=1069.126/5775.586
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1069.126 / 3281.796)*(3281.796 / 12131.133)*(12131.133/ 5775.586)
=Net Margin %*Asset Turnover*Equity Multiplier
=32.58 %*0.2705*2.1004
=ROA %*Equity Multiplier
=8.81 %*2.1004
=18.51 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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:

China New Higher Education Group's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=1069.126/12131.133
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1069.126 / 3281.796)*(3281.796 / 12131.133)
=Net Margin %*Asset Turnover
=32.58 %*0.2705
=8.81 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 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.


China New Higher Education Group Asset Turnover Related Terms


China New Higher Education Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for China New Higher Education Group'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.

China New Higher Education Group Asset Turnover Chart

China New Higher Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Aug21 Aug22 Aug23 Aug24 Aug25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.22 0.24 0.24

China New Higher Education Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.14 0.11 0.13 0.12 0.14

HKSE:02001 vs EDU, TAL, LAUR: Asset Turnover Comparison

For the Education & Training Services subindustry, China New Higher Education Group'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.


China New Higher Education Group Asset Turnover vs Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Asset Turnover falls into.


HKSE:02001
82GF Score
China New Higher Education Group Ltd HKSE:02001
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China New Higher Education Group Asset Turnover Calculation

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

China New Higher Education Group's Asset Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2025 )/( (Total Assets (A: Aug. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=2836.187/( (12017.153+11749.702)/ 2 )
=2836.187/11883.4275
=0.24

China New Higher Education Group's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=1640.898/( (11749.702+12512.564)/ 2 )
=1640.898/12131.133
=0.14

* 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 0.14 mean?
China New Higher Education Group (HKSE:02001) has a Asset Turnover of 0.14 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on China New Higher Education Group and its competitors.
Is China New Higher Education Group's Asset Turnover too high?
China New Higher Education Group's current Asset Turnover is 0.14. Overall, China New Higher Education Group has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China New Higher Education Group's Asset Turnover compare to EDU and TAL?
China New Higher Education Group's Asset Turnover of 0.14 can be compared against companies in the Education 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 Education company?
A good Asset Turnover depends on the Education 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 China New Higher Education Group and its competitors. China New Higher Education Group's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Higher Education Group stock overvalued right now?
Based on GuruFocus' analysis, China New Higher Education Group (HKSE:02001) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.63, compared to a current price of HK$0.58 — trading 64.4% below its estimated fair value. The current Asset Turnover is 0.14. China New Higher Education Group's overall GF Score™ is 82/100 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 China New Higher Education Group (HKSE:02001), the current Asset Turnover is 0.14 as of Feb. 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 China New Higher Education Group (HKSE:02001) Overvalued in 2026?

Based on GuruFocus' analysis, China New Higher Education Group stock appears to be undervalued. The current stock price of HK$0.58 is trading 64.4% below its estimated GF Value™ of HK$1.63. GuruFocus considers China New Higher Education Group to be Possible Value Trap.

Key valuation signals for HKSE:02001:

  • Asset Turnover: 0.14
  • GF Value™: HK$1.63 vs. price of HK$0.58 (64.4% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China New Higher Education Group Business Description

Other Exchanges 8CN:Germany
Address 5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group Ltd is engaged in the operations of Yunnan School, Guizhou School, Central China School, Northeast School, Luoyang School, Guangxi Schools, Gansu School and Zhengzhou School. The Group provides education services in the PRC and operates within one geographical location, as all revenues were generated in the PRC.
82GF Score

Get the complete analysis for HKSE:02001

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

HK$0.58
Price
HK$1.63
GF Value