Zhongtian Construction (Hunan) Group (HKSE:02433) Asset Turnover: 0.11 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is Zhongtian Construction (Hunan) Group Asset Turnover?

Zhongtian Construction (Hunan) Group HKSE:02433 +1.37% Asset Turnover is 0.11 as of Dec. 2025. 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. Zhongtian Construction (Hunan) Group's Revenue for the six months ended in Dec. 2025 was HK$264.9 Mil. Zhongtian Construction (Hunan) Group's Total Assets for the quarter that ended in Dec. 2025 was HK$2,411.5 Mil. Therefore, Zhongtian Construction (Hunan) Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Zhongtian Construction (Hunan) Group's annualized ROE % for the quarter that ended in Dec. 2025 was -25.93%. It is also linked to ROA % through Du Pont Formula. Zhongtian Construction (Hunan) Group's annualized ROA % for the quarter that ended in Dec. 2025 was -5.23%.


Zhongtian Construction (Hunan) Group  (HKSE:02433) Asset Turnover Explanation

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

Zhongtian Construction (Hunan) Group's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-126.15/486.4545
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-126.15 / 529.808)*(529.808 / 2411.4585)*(2411.4585/ 486.4545)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.81 %*0.2197*4.9572
=ROA %*Equity Multiplier
=-5.23 %*4.9572
=-25.93 %

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:

Zhongtian Construction (Hunan) Group's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-126.15/2411.4585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-126.15 / 529.808)*(529.808 / 2411.4585)
=Net Margin %*Asset Turnover
=-23.81 %*0.2197
=-5.23 %

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.


Zhongtian Construction (Hunan) Group Asset Turnover Related Terms


Zhongtian Construction (Hunan) Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) Group Asset Turnover Chart

Zhongtian Construction (Hunan) Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.96 0.99 1.02 0.43 0.28

Zhongtian Construction (Hunan) Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.64 0.17 0.26 0.15 0.11

HKSE:02433 vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Zhongtian Construction (Hunan) 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.


Zhongtian Construction (Hunan) Group Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Zhongtian Construction (Hunan) Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zhongtian Construction (Hunan) Group's Asset Turnover falls into.



Zhongtian Construction (Hunan) Group Asset Turnover Calculation

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

Zhongtian Construction (Hunan) Group's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=647.751/( (2391.195+2262.8)/ 2 )
=647.751/2326.9975
=0.28

Zhongtian Construction (Hunan) Group's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=264.904/( (2560.117+2262.8)/ 2 )
=264.904/2411.4585
=0.11

* 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 0.11 mean?
Zhongtian Construction (Hunan) Group (HKSE:02433) has a Asset Turnover of 0.11 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zhongtian Construction (Hunan) Group and its competitors.
Is Zhongtian Construction (Hunan) Group's Asset Turnover too high?
Zhongtian Construction (Hunan) Group's current Asset Turnover is 0.11.
How does Zhongtian Construction (Hunan) Group's Asset Turnover compare to PWR and FIX?
Zhongtian Construction (Hunan) Group's Asset Turnover of 0.11 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Zhongtian Construction (Hunan) Group and its competitors. Zhongtian Construction (Hunan) Group's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongtian Construction (Hunan) Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongtian Construction (Hunan) Group (HKSE:02433) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.07 — trading 48% above its estimated fair value. The current Asset Turnover is 0.11. 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 Zhongtian Construction (Hunan) Group (HKSE:02433), the current Asset Turnover is 0.11 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.

Zhongtian Construction (Hunan) Group Business Description

Address Jinlong East Road, Phase 1 Research Building, No. 298, Hetang District, Hunan Province, Zhuzhou, CHN
Zhongtian Construction (Hunan) Group Ltd investment holding company. The company is principally engaged in the provision of construction services in the PRC. It focuses on the provision of construction services comprising civil building construction services, provision of construction contracting mainly as general contractor for residential, industrial; municipal works construction services, which mainly consist of the construction of urban roads, education institutions, sports stadiums and water supply works; foundation works services which include foundation construction as well as earthwork construction; prefabricated steel structure construction services; and other specialized contracting works which include building renovation and decoration construction specialized contracting.