E-Star Commercial Management Co (HKSE:06668) Asset Turnover: 0.13 (As of Dec. 2025)

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HKSE:06668 E-Star Commercial Management Co Ltd HKSE:06668
89 GF Score
Price HK$1.38
GF Value HK$1.35
Valuation Fairly Valued
! 10 Warning Signs
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What is E-Star Commercial Management Co Asset Turnover?

E-Star Commercial Management Co HKSE:06668 89 Asset Turnover is 0.13 as of Dec. 2025. GuruFocus rates HKSE:06668 with a GF Score™ of 89/100 and a GF Value™ of HK$1.35 (Fairly Valued). The stock has 10 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. E-Star Commercial Management Co's Revenue for the six months ended in Dec. 2025 was HK$329.9 Mil. E-Star Commercial Management Co's Total Assets for the quarter that ended in Dec. 2025 was HK$2,517.1 Mil. Therefore, E-Star Commercial Management Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. E-Star Commercial Management Co's annualized ROE % for the quarter that ended in Dec. 2025 was 8.88%. It is also linked to ROA % through Du Pont Formula. E-Star Commercial Management Co's annualized ROA % for the quarter that ended in Dec. 2025 was 4.89%.


E-Star Commercial Management Co  (HKSE:06668) Asset Turnover Explanation

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

E-Star Commercial Management Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=123.144/1387.44
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(123.144 / 659.894)*(659.894 / 2517.09)*(2517.09/ 1387.44)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.66 %*0.2622*1.8142
=ROA %*Equity Multiplier
=4.89 %*1.8142
=8.88 %

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:

E-Star Commercial Management Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=123.144/2517.09
=(Net Income / Revenue)*(Revenue / Total Assets)
=(123.144 / 659.894)*(659.894 / 2517.09)
=Net Margin %*Asset Turnover
=18.66 %*0.2622
=4.89 %

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.


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.


E-Star Commercial Management Co Asset Turnover Related Terms


E-Star Commercial Management Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for E-Star Commercial Management 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.

E-Star Commercial Management Co Asset Turnover Chart

E-Star Commercial Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.62 0.30 0.28 0.28 0.26

E-Star Commercial Management Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.13 0.14 0.13 0.13 0.13

HKSE:06668 vs CBRE, BEKE, JLL: Asset Turnover Comparison

For the Real Estate Services subindustry, E-Star Commercial Management 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.


E-Star Commercial Management Co Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Asset Turnover falls into.


HKSE:06668
89GF Score
E-Star Commercial Management Co Ltd HKSE:06668
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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E-Star Commercial Management Co Asset Turnover Calculation

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

E-Star Commercial Management Co'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 )
=643.942/( (2432.512+2526.274)/ 2 )
=643.942/2479.393
=0.26

E-Star Commercial Management Co'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 )
=329.947/( (2507.906+2526.274)/ 2 )
=329.947/2517.09
=0.13

* 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 0.13 mean?
E-Star Commercial Management Co (HKSE:06668) has a Asset Turnover of 0.13 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on E-Star Commercial Management Co and its competitors.
Is E-Star Commercial Management Co's Asset Turnover too high?
E-Star Commercial Management Co's current Asset Turnover is 0.13. Overall, E-Star Commercial Management Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does E-Star Commercial Management Co's Asset Turnover compare to CBRE and BEKE?
E-Star Commercial Management Co's Asset Turnover of 0.13 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 E-Star Commercial Management Co and its competitors. E-Star Commercial Management Co's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-Star Commercial Management Co stock overvalued right now?
Based on GuruFocus' analysis, E-Star Commercial Management Co (HKSE:06668) is currently considered Fairly Valued. The stock's GF Value™ is HK$1.35, compared to a current price of HK$1.38 — trading 2.2% above its estimated fair value. The current Asset Turnover is 0.13. E-Star Commercial Management Co's overall GF Score™ is 89/100 with 10 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 E-Star Commercial Management Co (HKSE:06668), the current Asset Turnover is 0.13 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 E-Star Commercial Management Co (HKSE:06668) Overvalued in 2026?

Based on GuruFocus' analysis, E-Star Commercial Management Co stock appears to be overvalued. The current stock price of HK$1.38 is trading 2.2% above its estimated GF Value™ of HK$1.35. GuruFocus considers E-Star Commercial Management Co to be Fairly Valued.

Key valuation signals for HKSE:06668:

  • Asset Turnover: 0.13
  • GF Value™: HK$1.35 vs. price of HK$1.38 (2.2% above fair value)
  • GF Score™: 89/100 with 10 warning signs

No single metric tells the full story. See the HKSE:06668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E-Star Commercial Management Co Business Description

Address 1 Yabao Road, 33nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000
E-Star Commercial Management Co Ltd is a commercial property operational service provider in China. It is engaged in providing consultancy services to property owners; tenant sourcing services, and operational management services to tenants and property owners, and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers. the Group's operations are mainly in the PRC. The Group generates revenue from provision of commercial property operational services to either owners or tenants in respect of the commercial properties in the PRC.
89GF Score

Get the complete analysis for HKSE:06668

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

HK$1.38
Price
HK$1.35
GF Value