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Asset Turnover is linked to ROE % through Du Pont Formula. Tak Lee Machinery Holdings's annualizedROE % for the quarter that ended in Jan. 2026 was 6.12%. It is also linked to ROA % through Du Pont Formula. Tak Lee Machinery Holdings's annualizedROA % for the quarter that ended in Jan. 2026 was 5.53%.
Note:
The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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:
Tak Lee Machinery Holdings's annulizedROA % for the quarter that ended in Jan. 2026 is
Note:
The Net Income data used here is two times the semi-annual (Jan. 2026) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.
Tak Lee Machinery Holdings Asset Turnover Related Terms
Tak Lee Machinery Holdings Asset Turnover Historical 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.
HKSE:02102 vs CAT, DE, PCAR: Asset Turnover Comparison
For the Farm & Heavy Construction Machinery subindustry, Tak Lee Machinery 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.
Tak Lee Machinery Holdings Asset Turnover vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Tak Lee Machinery Holdings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Tak Lee Machinery 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.
Tak Lee Machinery Holdings (HKSE:02102) has a Asset Turnover of 0.31 as of Jan. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tak Lee Machinery Holdings and its competitors.
Is Tak Lee Machinery Holdings' Asset Turnover too high?
Tak Lee Machinery Holdings' current Asset Turnover is 0.31. Overall, Tak Lee Machinery Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tak Lee Machinery Holdings' Asset Turnover compare to CAT and DE?
Tak Lee Machinery Holdings' Asset Turnover of 0.31 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Asset Turnover depends on the Farm & Heavy Construction Machinery 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 Tak Lee Machinery Holdings and its competitors. Tak Lee Machinery Holdings's current Asset Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tak Lee Machinery Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings (HKSE:02102) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.17, compared to a current price of HK$0.30 — trading 76.5% above its estimated fair value. The current Asset Turnover is 0.31. Tak Lee Machinery Holdings' overall GF Score™ is 50/100 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 Tak Lee Machinery Holdings (HKSE:02102), the current Asset Turnover is 0.31 as of Jan. 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 Tak Lee Machinery Holdings (HKSE:02102) Overvalued in 2026?
Based on GuruFocus' analysis, Tak Lee Machinery Holdings stock appears to be overvalued.
The current stock price of HK$0.30 is trading 76.5% above its estimated GF Value™ of HK$0.17.
GuruFocus considers Tak Lee Machinery Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02102:
Asset Turnover: 0.31
GF Value™: HK$0.17 vs. price of HK$0.30 (76.5% above fair value)
No single metric tells the full story. See the HKSE:02102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tak Lee Machinery Holdings Ltd is an earthmoving equipment sales and leasing service provider. The Group has three operating segments: Sales of heavy equipment and spare parts, which involves trading heavy equipment and spare parts in Hong Kong; Lease of heavy equipment, which covers the leasing of heavy equipment and the provision of machine operators in Hong Kong; and Repair, logistics, and other ancillary services, which include repair and logistics support in Hong Kong. The Group generates the majority of revenue from the Sales of heavy equipment and spare parts segment. Geographically, it derives its revenue from Hong Kong.
50GF Score
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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