Freetech Road Recycling Technology (Holdings) (HKSE:06888) Asset Turnover: 0.01 (As of Jun. 2026)

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.

What is Freetech Road Recycling Technology (Holdings) Asset Turnover?

Freetech Road Recycling Technology (Holdings) HKSE:06888 -2.44% Asset Turnover is 0.01 as of Jun. 2026. 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. Freetech Road Recycling Technology (Holdings)'s Revenue for the six months ended in Jun. 2026 was HK$12.41 Mil. Freetech Road Recycling Technology (Holdings)'s Total Assets for the quarter that ended in Jun. 2026 was HK$944.90 Mil. Therefore, Freetech Road Recycling Technology (Holdings)'s Asset Turnover for the quarter that ended in Jun. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Freetech Road Recycling Technology (Holdings)'s annualized ROE % for the quarter that ended in Jun. 2026 was -11.44%. It is also linked to ROA % through Du Pont Formula. Freetech Road Recycling Technology (Holdings)'s annualized ROA % for the quarter that ended in Jun. 2026 was -7.99%.


Freetech Road Recycling Technology (Holdings)  (HKSE:06888) Asset Turnover Explanation

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

Freetech Road Recycling Technology (Holdings)'s annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-75.470000000592/659.97700000204
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-75.470000000592 / 24.824000000194)*(24.824000000194 / 944.89500000291)*(944.89500000291/ 659.97700000204)
=Net Margin %*Asset Turnover*Equity Multiplier
=-304.02 %*0.0263*1.4317
=ROA %*Equity Multiplier
=-7.99 %*1.4317
=-11.44 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 2026) 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:

Freetech Road Recycling Technology (Holdings)'s annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=-75.470000000592/944.89500000291
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-75.470000000592 / 24.824000000194)*(24.824000000194 / 944.89500000291)
=Net Margin %*Asset Turnover
=-304.02 %*0.0263
=-7.99 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 2026) 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.


Freetech Road Recycling Technology (Holdings) Asset Turnover Related Terms


Freetech Road Recycling Technology (Holdings) Asset Turnover Historical Data

* Premium members only.

The historical data trend for Freetech Road Recycling Technology (Holdings)'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.

Freetech Road Recycling Technology (Holdings) Asset Turnover Chart

Freetech Road Recycling Technology (Holdings) 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 0.38 0.37 0.15 0.17 0.14

Freetech Road Recycling Technology (Holdings) Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.03 0.09 0.05 0.01

Freetech Road Recycling Technology (Holdings) Asset Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (Holdings)'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.


Freetech Road Recycling Technology (Holdings) Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s Asset Turnover falls into.



Freetech Road Recycling Technology (Holdings) Asset Turnover Calculation

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

Freetech Road Recycling Technology (Holdings)'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 )
=133.79800000004/( (983.29200000344+950.5640000035)/ 2 )
=133.79800000004/966.92800000347
=0.14

Freetech Road Recycling Technology (Holdings)'s Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Jun. 2026 ))/ count )
=12.412000000097/( (950.5640000035+939.22600000232)/ 2 )
=12.412000000097/944.89500000291
=0.01

* 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 0.01 mean?
Freetech Road Recycling Technology (Holdings) (HKSE:06888) has a Asset Turnover of 0.01 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Freetech Road Recycling Technology (Holdings) and its competitors.
Is Freetech Road Recycling Technology (Holdings)'s Asset Turnover too high?
Freetech Road Recycling Technology (Holdings)'s current Asset Turnover is 0.01.
How does Freetech Road Recycling Technology (Holdings)'s Asset Turnover compare to competitors?
Freetech Road Recycling Technology (Holdings)'s Asset Turnover of 0.01 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Freetech Road Recycling Technology (Holdings) and its competitors. Freetech Road Recycling Technology (Holdings)'s current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freetech Road Recycling Technology (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Freetech Road Recycling Technology (Holdings) (HKSE:06888) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.08 — trading 14.3% above its estimated fair value. The current Asset Turnover is 0.01. 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 Freetech Road Recycling Technology (Holdings) (HKSE:06888), the current Asset Turnover is 0.01 as of Jun. 2026. 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.

Freetech Road Recycling Technology (Holdings) Business Description

Address 18 Whitfield Road, Room 2501, 25th Floor, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and the provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are the APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. The company has a business presence in Mainland China and other overseas markets.