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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lemo Services Co's Revenue for the
six
months ended in Dec. 2025 was HK$1,002 Mil. Lemo Services Co's Total Assets for the quarter that ended in Dec. 2025 was HK$647 Mil. Therefore, Lemo Services Co's Asset Turnover for the quarter that ended in Dec. 2025 was 1.55.
Asset Turnover is linked to ROE % through Du Pont Formula. Lemo Services Co's annualizedROE % for the quarter that ended in Dec. 2025 was 51.22%. It is also linked to ROA % through Du Pont Formula. Lemo Services Co's annualizedROA % for the quarter that ended in Dec. 2025 was 32.02%.
Lemo Services Co (HKSE:02539) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Lemo Services Co's annulizedROE % for the quarter that ended in Dec. 2025 is
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:
Lemo Services Co's annulizedROA % for the quarter that ended in Dec. 2025 is
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.
Lemo Services Co Asset Turnover Related Terms
Lemo Services Co Asset Turnover Historical Data
* Premium members only.
The historical data trend for Lemo Services Co'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.
Lemo Services Co Asset Turnover Chart
Lemo Services Co Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Asset Turnover
1.28
1.76
1.80
1.55
Lemo Services Co Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Asset Turnover
1.28
1.76
1.80
1.55
HKSE:02539 vs ROL, SCI, FTDR: Asset Turnover Comparison
For the Personal Services subindustry, Lemo Services Co'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.
Lemo Services Co Asset Turnover vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Lemo Services Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Lemo Services Co'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.
Lemo Services Co (HKSE:02539) has a Asset Turnover of 1.55 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lemo Services Co and its competitors.
Is Lemo Services Co's Asset Turnover too high?
Lemo Services Co's current Asset Turnover is 1.55. Overall, Lemo Services Co has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Lemo Services Co's Asset Turnover compare to ROL and SCI?
Lemo Services Co's Asset Turnover of 1.55 can be compared against companies in the Personal 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 Personal Services company?
A good Asset Turnover depends on the Personal 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 Lemo Services Co and its competitors. Lemo Services Co's current Asset Turnover is 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemo Services Co stock overvalued right now?
Lemo Services Co (HKSE:02539) has a current Asset Turnover of 1.55. The current Asset Turnover is 1.55. Lemo Services Co's overall GF Score™ is 23/100 with 1 warning sign 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 Lemo Services Co (HKSE:02539), the current Asset Turnover is 1.55 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.
Lemo Services Co Ltd provides massage services performed by its mechanical massage equipment stationed at various points of service in public venues of high foot traffic across China. its segments are comprising Mechanical massage service under Direct Mode, which generates maximum revenue and engages in providing mechanical massage service to customers through its massage equipment located at the POS operated by the Group itself; Mechanical massage POS operation support services under Partner Mode, which engages in providing mechanical massage POS operation support services to Local Partners; and Others, which mainly engages in sales of household massage equipment and massage accessories, The Company generates maximum revenue from Chinese Mainland.
23GF Score
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