JST Group (HKSE:06687) Asset Turnover: 0.20 (As of Dec. 2025)

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HKSE:06687 JST Group Corp Ltd HKSE:06687
13 GF Score
Price HK$14.22
! 4 Warning Signs
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What is JST Group Asset Turnover?

JST Group HKSE:06687 -3.85% 13 Asset Turnover is 0.20 as of Dec. 2025. GuruFocus rates HKSE:06687 with a GF Score™ of 13/100. 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. JST Group's Revenue for the six months ended in Dec. 2025 was HK$684 Mil. JST Group's Total Assets for the quarter that ended in Dec. 2025 was HK$3,366 Mil. Therefore, JST Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. JST Group's annualized ROE % for the quarter that ended in Dec. 2025 was 267.51%. It is also linked to ROA % through Du Pont Formula. JST Group's annualized ROA % for the quarter that ended in Dec. 2025 was -105.93%.


JST Group  (HKSE:06687) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-3565.786/-1332.9725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3565.786 / 1367.27)*(1367.27 / 3366.112)*(3366.112/ -1332.9725)
=Net Margin %*Asset Turnover*Equity Multiplier
=-260.8 %*0.4062*-2.5253
=ROA %*Equity Multiplier
=-105.93 %*-2.5253
=267.51 %

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:

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

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-3565.786/3366.112
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3565.786 / 1367.27)*(1367.27 / 3366.112)
=Net Margin %*Asset Turnover
=-260.8 %*0.4062
=-105.93 %

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.


JST Group Asset Turnover Related Terms


JST Group Asset Turnover Historical Data

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The historical data trend for JST Group'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.

JST Group Asset Turnover Chart

JST Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.36 0.43 0.46 0.36

JST Group Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Asset Turnover Get a 7-Day Free Trial 0.24 0.22 0.26 0.20 0.15

HKSE:06687 vs CRM, SHOP, UBER: Asset Turnover Comparison

For the Software - Application subindustry, JST Group'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.


JST Group Asset Turnover vs Software Industry

For the Software industry and Technology sector, JST Group's Asset Turnover distribution charts can be found below:

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


HKSE:06687
13GF Score
JST Group Corp Ltd HKSE:06687
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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JST Group Asset Turnover Calculation

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

JST Group'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 )
=1262.115/( (2365.241+4676.282)/ 2 )
=1262.115/3520.7615
=0.36

JST Group'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 )
=683.635/( (2055.942+4676.282)/ 2 )
=683.635/3366.112
=0.20

* 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 0.20 mean?
JST Group (HKSE:06687) has a Asset Turnover of 0.20 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JST Group and its competitors.
Is JST Group's Asset Turnover too high?
JST Group's current Asset Turnover is 0.20. Overall, JST Group has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does JST Group's Asset Turnover compare to CRM and SHOP?
JST Group's Asset Turnover of 0.20 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 JST Group and its competitors. JST Group's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JST Group stock overvalued right now?
JST Group (HKSE:06687) has a current Asset Turnover of 0.20. The current Asset Turnover is 0.20. JST Group's overall GF Score™ is 13/100 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 JST Group (HKSE:06687), the current Asset Turnover is 0.20 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.

JST Group Business Description

Address No. 990 Shenchang Road, 6th Floor, Building T4, Hongqiaohui, Shanghai, CHN
JST Group Corp Ltd provides cloud-based software designed to help e-commerce businesses manage their operations. The Group has actively embraced new AI technologies in its business. It has established collaborations with several large language model providers, including Qwen, Doubao, Hunyuan, Zhipu, and DeepSeek, and has developed AI applications for e-commerce operation scenarios. The Group derives revenue from (i) the provision of SaaS services for e-commerce businesses, (ii) the commission charged for the promotion services through the sales force for products of other companies, and (iii) the sales of products, including a range of e-commerce supportive equipment.
13GF Score

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HK$14.22
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