Lung Fung Group Holdings (HKSE:02290) Asset Turnover: 2.58 (As of Mar. 2026)

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HKSE:02290 Lung Fung Group Holdings Ltd HKSE:02290
17 GF Score
Price HK$3.69
! 5 Warning Signs
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What is Lung Fung Group Holdings Asset Turnover?

Lung Fung Group Holdings HKSE:02290 -1.86% 17 Asset Turnover is 2.58 as of Mar. 2026. GuruFocus rates HKSE:02290 with a GF Score™ of 17/100. 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. Lung Fung Group Holdings's Revenue for the six months ended in Mar. 2026 was HK$3,277 Mil. Lung Fung Group Holdings's Total Assets for the quarter that ended in Mar. 2026 was HK$1,272 Mil. Therefore, Lung Fung Group Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 2.58.

Asset Turnover is linked to ROE % through Du Pont Formula. Lung Fung Group Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 1,189.39%. It is also linked to ROA % through Du Pont Formula. Lung Fung Group Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 42.32%.


Lung Fung Group Holdings  (HKSE:02290) Asset Turnover Explanation

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

Lung Fung Group Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=538.2/45.25
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(538.2 / 6554.302)*(6554.302 / 1271.726)*(1271.726/ 45.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.21 %*5.1539*28.1044
=ROA %*Equity Multiplier
=42.32 %*28.1044
=1,189.39 %

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:

Lung Fung Group Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=538.2/1271.726
=(Net Income / Revenue)*(Revenue / Total Assets)
=(538.2 / 6554.302)*(6554.302 / 1271.726)
=Net Margin %*Asset Turnover
=8.21 %*5.1539
=42.32 %

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.


Lung Fung Group Holdings Asset Turnover Related Terms


Lung Fung Group Holdings Asset Turnover Historical Data

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The historical data trend for Lung Fung Group 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.

Lung Fung Group Holdings Asset Turnover Chart

Lung Fung Group Holdings Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
0.93 1.61 1.88 2.58

Lung Fung Group Holdings Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Asset Turnover 0.93 1.61 1.88 2.58

HKSE:02290 vs DDS: Asset Turnover Comparison

For the Department Stores subindustry, Lung Fung Group 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.


Lung Fung Group Holdings Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lung Fung Group Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lung Fung Group Holdings's Asset Turnover falls into.


HKSE:02290
17GF Score
Lung Fung Group Holdings Ltd HKSE:02290
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Lung Fung Group Holdings Asset Turnover Calculation

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

Lung Fung Group 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 )
=3277.151/( (1288.971+1254.481)/ 2 )
=3277.151/1271.726
=2.58

Lung Fung Group 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: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3277.151/( (1288.971+1254.481)/ 2 )
=3277.151/1271.726
=2.58

* 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 2.58 mean?
Lung Fung Group Holdings (HKSE:02290) has a Asset Turnover of 2.58 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lung Fung Group Holdings and its competitors.
Is Lung Fung Group Holdings' Asset Turnover too high?
Lung Fung Group Holdings' current Asset Turnover is 2.58. Overall, Lung Fung Group Holdings has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Lung Fung Group Holdings' Asset Turnover compare to DDS?
Lung Fung Group Holdings' Asset Turnover of 2.58 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 Lung Fung Group Holdings and its competitors. Lung Fung Group Holdings's current Asset Turnover is 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Fung Group Holdings stock overvalued right now?
Lung Fung Group Holdings (HKSE:02290) has a current Asset Turnover of 2.58. The current Asset Turnover is 2.58. Lung Fung Group Holdings' overall GF Score™ is 17/100 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 Lung Fung Group Holdings (HKSE:02290), the current Asset Turnover is 2.58 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.

Lung Fung Group Holdings Business Description

Address 23 Yip Cheong Street, 5th Floor, Lung Fung Group Centre, Fanling, New Territories, Hong Kong, HKG
Lung Fung Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates as a Hong Kong-based chain retail store of beauty, health and pharmaceutical products under the 'Lung Fung' brand. It principally engaged in the sales of a wide variety of beauty products, health products, pharmaceutical products and other consumer goods such as household and daily essentials and food products. The majority of revenue is derived from the sales of Beauty products through retail stores located in Hong Kong.
17GF Score

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HK$3.69
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