Shanghai Henlius Biotech (HKSE:02696) Asset Turnover: 0.32 (As of Dec. 2025)

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HKSE:02696 Shanghai Henlius Biotech Inc HKSE:02696
67 GF Score
Price HK$67.30
GF Value HK$30.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Shanghai Henlius Biotech Asset Turnover?

Shanghai Henlius Biotech HKSE:02696 -1.10% 67 Asset Turnover is 0.32 as of Dec. 2025. GuruFocus rates HKSE:02696 with a GF Score™ of 67/100 and a GF Value™ of HK$30.91 (Significantly Overvalued). 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. Shanghai Henlius Biotech's Revenue for the six months ended in Dec. 2025 was HK$4,250 Mil. Shanghai Henlius Biotech's Total Assets for the quarter that ended in Dec. 2025 was HK$13,140 Mil. Therefore, Shanghai Henlius Biotech's Asset Turnover for the quarter that ended in Dec. 2025 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Shanghai Henlius Biotech's annualized ROE % for the quarter that ended in Dec. 2025 was 23.83%. It is also linked to ROA % through Du Pont Formula. Shanghai Henlius Biotech's annualized ROA % for the quarter that ended in Dec. 2025 was 7.35%.


Shanghai Henlius Biotech  (HKSE:02696) Asset Turnover Explanation

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

Shanghai Henlius Biotech's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=965.342/4050.268
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(965.342 / 8499.948)*(8499.948 / 13140.225)*(13140.225/ 4050.268)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.36 %*0.6469*3.2443
=ROA %*Equity Multiplier
=7.35 %*3.2443
=23.83 %

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:

Shanghai Henlius Biotech's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=965.342/13140.225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(965.342 / 8499.948)*(8499.948 / 13140.225)
=Net Margin %*Asset Turnover
=11.36 %*0.6469
=7.35 %

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.


Shanghai Henlius Biotech Asset Turnover Related Terms


Shanghai Henlius Biotech Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Henlius Biotech'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.

Shanghai Henlius Biotech Asset Turnover Chart

Shanghai Henlius Biotech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.25 0.38 0.57 0.55 0.59

Shanghai Henlius Biotech Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.27 0.29 0.26 0.32

HKSE:02696 vs VRTX, REGN, RVMD: Asset Turnover Comparison

For the Biotechnology subindustry, Shanghai Henlius Biotech'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.


Shanghai Henlius Biotech Asset Turnover vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Shanghai Henlius Biotech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shanghai Henlius Biotech's Asset Turnover falls into.


HKSE:02696
67GF Score
Shanghai Henlius Biotech Inc HKSE:02696
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Henlius Biotech Asset Turnover Calculation

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

Shanghai Henlius Biotech'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 )
=7364.79/( (11314.676+13655.61)/ 2 )
=7364.79/12485.143
=0.59

Shanghai Henlius Biotech'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 )
=4249.974/( (12624.84+13655.61)/ 2 )
=4249.974/13140.225
=0.32

* 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 0.32 mean?
Shanghai Henlius Biotech (HKSE:02696) has a Asset Turnover of 0.32 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shanghai Henlius Biotech and its competitors.
Is Shanghai Henlius Biotech's Asset Turnover too high?
Shanghai Henlius Biotech's current Asset Turnover is 0.32. Overall, Shanghai Henlius Biotech has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Henlius Biotech's Asset Turnover compare to VRTX and REGN?
Shanghai Henlius Biotech's Asset Turnover of 0.32 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Asset Turnover depends on the Biotechnology 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 Shanghai Henlius Biotech and its competitors. Shanghai Henlius Biotech's current Asset Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Henlius Biotech stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Henlius Biotech (HKSE:02696) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$30.91, compared to a current price of HK$67.30 — trading 117.7% above its estimated fair value. The current Asset Turnover is 0.32. Shanghai Henlius Biotech's overall GF Score™ is 67/100 with 4 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 Shanghai Henlius Biotech (HKSE:02696), the current Asset Turnover is 0.32 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.

Is Shanghai Henlius Biotech (HKSE:02696) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Henlius Biotech stock appears to be overvalued. The current stock price of HK$67.30 is trading 117.7% above its estimated GF Value™ of HK$30.91. GuruFocus considers Shanghai Henlius Biotech to be Significantly Overvalued.

Key valuation signals for HKSE:02696:

  • Asset Turnover: 0.32
  • GF Value™: HK$30.91 vs. price of HK$67.30 (117.7% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02696 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Henlius Biotech Business Description

Other Exchanges 2E8:Germany
Address B8 Building, No. 188 Yizhou Road, 11th Floor, Xuhui District, Shanghai, CHN, 200233
Shanghai Henlius Biotech Inc is a biopharmaceutical company in China with the vision to offer affordable and biologics for patients with a focus on oncology and autoimmune diseases. The Group is engaged in biopharmaceutical R&D, biopharmaceutical services, and biopharmaceutical production and sales. It operates in Mainland China, Asia Pacific (excluding Mainland China), North America, South America, Oceania, and Europe. The company products include HLX01 Rituximab, HLX02(trastuzumab), and others.
67GF Score

Get the complete analysis for HKSE:02696

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$67.30
Price
HK$30.91
GF Value