Everbright Grand China Assets (HKSE:03699) Asset Turnover: 0.02 (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.

HKSE:03699 Everbright Grand China Assets Ltd HKSE:03699
61 GF Score
Price HK$0.40
GF Value HK$0.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Everbright Grand China Assets Asset Turnover?

Everbright Grand China Assets HKSE:03699 61 Asset Turnover is 0.02 as of Dec. 2025. GuruFocus rates HKSE:03699 with a GF Score™ of 61/100 and a GF Value™ of HK$0.42 (Fairly Valued). The stock has 7 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. Everbright Grand China Assets's Revenue for the six months ended in Dec. 2025 was HK$28.14 Mil. Everbright Grand China Assets's Total Assets for the quarter that ended in Dec. 2025 was HK$1,343.43 Mil. Therefore, Everbright Grand China Assets's Asset Turnover for the quarter that ended in Dec. 2025 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Everbright Grand China Assets's annualized ROE % for the quarter that ended in Dec. 2025 was 1.89%. It is also linked to ROA % through Du Pont Formula. Everbright Grand China Assets's annualized ROA % for the quarter that ended in Dec. 2025 was 1.54%.


Everbright Grand China Assets  (HKSE:03699) Asset Turnover Explanation

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

Everbright Grand China Assets's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=20.748/1094.885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(20.748 / 56.282)*(56.282 / 1343.4255)*(1343.4255/ 1094.885)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.86 %*0.0419*1.227
=ROA %*Equity Multiplier
=1.54 %*1.227
=1.89 %

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:

Everbright Grand China Assets's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=20.748/1343.4255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20.748 / 56.282)*(56.282 / 1343.4255)
=Net Margin %*Asset Turnover
=36.86 %*0.0419
=1.54 %

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.


Everbright Grand China Assets Asset Turnover Related Terms


Everbright Grand China Assets Asset Turnover Historical Data

* Premium members only.

The historical data trend for Everbright Grand China Assets'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.

Everbright Grand China Assets Asset Turnover Chart

Everbright Grand China Assets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.04 0.04 0.04

Everbright Grand China Assets Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

HKSE:03699 vs CBRE, BEKE, JLL: Asset Turnover Comparison

For the Real Estate Services subindustry, Everbright Grand China Assets'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.


Everbright Grand China Assets Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Everbright Grand China Assets's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Everbright Grand China Assets's Asset Turnover falls into.


HKSE:03699
61GF Score
Everbright Grand China Assets Ltd HKSE:03699
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everbright Grand China Assets Asset Turnover Calculation

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

Everbright Grand China Assets'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 )
=55.158/( (1291.013+1352.528)/ 2 )
=55.158/1321.7705
=0.04

Everbright Grand China Assets'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 )
=28.141/( (1334.323+1352.528)/ 2 )
=28.141/1343.4255
=0.02

* 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 0.02 mean?
Everbright Grand China Assets (HKSE:03699) has a Asset Turnover of 0.02 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Everbright Grand China Assets and its competitors.
Is Everbright Grand China Assets' Asset Turnover too high?
Everbright Grand China Assets' current Asset Turnover is 0.02. Overall, Everbright Grand China Assets has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Everbright Grand China Assets' Asset Turnover compare to CBRE and BEKE?
Everbright Grand China Assets' Asset Turnover of 0.02 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Everbright Grand China Assets and its competitors. Everbright Grand China Assets's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everbright Grand China Assets stock overvalued right now?
Based on GuruFocus' analysis, Everbright Grand China Assets (HKSE:03699) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$0.40 — trading 6% below its estimated fair value. The current Asset Turnover is 0.02. Everbright Grand China Assets' overall GF Score™ is 61/100 with 7 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 Everbright Grand China Assets (HKSE:03699), the current Asset Turnover is 0.02 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 Everbright Grand China Assets (HKSE:03699) Overvalued in 2026?

Based on GuruFocus' analysis, Everbright Grand China Assets stock appears to be undervalued. The current stock price of HK$0.40 is trading 6% below its estimated GF Value™ of HK$0.42. GuruFocus considers Everbright Grand China Assets to be Fairly Valued.

Key valuation signals for HKSE:03699:

  • Asset Turnover: 0.02
  • GF Value™: HK$0.42 vs. price of HK$0.40 (6% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the HKSE:03699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Everbright Grand China Assets Business Description

Address 56 Gloucester Road, Room 1302, 13th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Everbright Grand China Assets Ltd is a property management company engaged in property leasing, provision of property management services, and sales of properties held for sale. The Group's leasing properties are located in Chengdu, Sichuan province, and Kunming, Yunnan province, in the PRC. The Group mainly operates in the Chinese Mainland.
61GF Score

Get the complete analysis for HKSE:03699

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

HK$0.40
Price
HK$0.42
GF Value