XXF Group Holdings (HKSE:02473) Asset Turnover: 0.30 (As of Dec. 2025)

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HKSE:02473 XXF Group Holdings Ltd HKSE:02473
39 GF Score
Price HK$0.50
! 8 Warning Signs
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What is XXF Group Holdings Asset Turnover?

XXF Group Holdings HKSE:02473 -7.41% 39 Asset Turnover is 0.30 as of Dec. 2025. GuruFocus rates HKSE:02473 with a GF Score™ of 39/100. The stock has 8 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. XXF Group Holdings's Revenue for the six months ended in Dec. 2025 was HK$1,208 Mil. XXF Group Holdings's Total Assets for the quarter that ended in Dec. 2025 was HK$3,977 Mil. Therefore, XXF Group Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. XXF Group Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was 5.47%. It is also linked to ROA % through Du Pont Formula. XXF Group Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was 1.30%.


XXF Group Holdings  (HKSE:02473) Asset Turnover Explanation

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

XXF Group Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=51.632/944.434
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.632 / 2415.628)*(2415.628 / 3976.7315)*(3976.7315/ 944.434)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.14 %*0.6074*4.2107
=ROA %*Equity Multiplier
=1.30 %*4.2107
=5.47 %

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:

XXF Group Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=51.632/3976.7315
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.632 / 2415.628)*(2415.628 / 3976.7315)
=Net Margin %*Asset Turnover
=2.14 %*0.6074
=1.30 %

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.


XXF Group Holdings Asset Turnover Related Terms


XXF Group Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for XXF 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.

XXF Group Holdings Asset Turnover Chart

XXF Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.58 0.46 0.47 0.47 0.53

XXF Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.22 0.26 0.23 0.30

HKSE:02473 vs V, MA, AXP: Asset Turnover Comparison

For the Credit Services subindustry, XXF 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.


XXF Group Holdings Asset Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, XXF Group Holdings's Asset Turnover distribution charts can be found below:

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


HKSE:02473
39GF Score
XXF Group Holdings Ltd HKSE:02473
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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XXF Group Holdings Asset Turnover Calculation

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

XXF Group Holdings'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 )
=2057.514/( (3533.708+4227.597)/ 2 )
=2057.514/3880.6525
=0.53

XXF Group Holdings'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 )
=1207.814/( (3725.866+4227.597)/ 2 )
=1207.814/3976.7315
=0.30

* 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 0.30 mean?
XXF Group Holdings (HKSE:02473) has a Asset Turnover of 0.30 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on XXF Group Holdings and its competitors.
Is XXF Group Holdings' Asset Turnover too high?
XXF Group Holdings' current Asset Turnover is 0.30. Overall, XXF Group Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does XXF Group Holdings' Asset Turnover compare to V and MA?
XXF Group Holdings' Asset Turnover of 0.30 can be compared against companies in the Credit Services 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 Credit Services company?
A good Asset Turnover depends on the Credit Services 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 XXF Group Holdings and its competitors. XXF Group Holdings's current Asset Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XXF Group Holdings stock overvalued right now?
XXF Group Holdings (HKSE:02473) has a current Asset Turnover of 0.30. The current Asset Turnover is 0.30. XXF Group Holdings' overall GF Score™ is 39/100 with 8 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 XXF Group Holdings (HKSE:02473), the current Asset Turnover is 0.30 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.

XXF Group Holdings Business Description

Address No. 318 Fuguang Road, Building 3, Fuxing Economic Development Zone, Fuzhou Software Park Jin’an Branch, Jin’an District, Fujian Province, Fuzhou, CHN
XXF Group Holdings Ltd is an established automobile retailer providing automobile finance lease service through its self-operated sales outlets in the PRC. The Group's principal businesses comprise automobile retail and finance, where it sells non-luxury automobiles mostly on direct finance lease; and automobile-related businesses, where it principally offers automobile operating lease service and other automobile-related services, and (iii) an outright car sales business, where it sells cars on a one-off basis. The Group's revenue is mainly derived from customers in the PRC.
39GF Score

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