Reconova Technologies Co (HKSE:07656) Asset Turnover: 0.82 (As of Dec. 2025)

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HKSE:07656 Reconova Technologies Co Ltd HKSE:07656
11 GF Score
Price HK$32.32
! 2 Warning Signs
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What is Reconova Technologies Co Asset Turnover?

Reconova Technologies Co HKSE:07656 +9.56% 11 Asset Turnover is 0.82 as of Dec. 2025. GuruFocus rates HKSE:07656 with a GF Score™ of 11/100. The stock has 2 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. Reconova Technologies Co's Revenue for the six months ended in Dec. 2025 was HK$489.3 Mil. Reconova Technologies Co's Total Assets for the quarter that ended in Dec. 2025 was HK$600.2 Mil. Therefore, Reconova Technologies Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.82.

Asset Turnover is linked to ROE % through Du Pont Formula. Reconova Technologies Co's annualized ROE % for the quarter that ended in Dec. 2025 was -112.19%. It is also linked to ROA % through Du Pont Formula. Reconova Technologies Co's annualized ROA % for the quarter that ended in Dec. 2025 was -24.75%.


Reconova Technologies Co  (HKSE:07656) Asset Turnover Explanation

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

Reconova Technologies Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-148.526/132.387
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-148.526 / 978.688)*(978.688 / 600.199)*(600.199/ 132.387)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15.18 %*1.6306*4.5337
=ROA %*Equity Multiplier
=-24.75 %*4.5337
=-112.19 %

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:

Reconova Technologies Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-148.526/600.199
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-148.526 / 978.688)*(978.688 / 600.199)
=Net Margin %*Asset Turnover
=-15.18 %*1.6306
=-24.75 %

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.


Reconova Technologies Co Asset Turnover Related Terms


Reconova Technologies Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Reconova Technologies 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.

Reconova Technologies Co Asset Turnover Chart

Reconova Technologies Co Annual Data
Trend Dec23 Dec24 Dec25
Asset Turnover
0.94 1.16 0.82

Reconova Technologies Co Semi-Annual Data
Dec23 Dec24 Dec25
Asset Turnover 0.94 1.16 0.82

HKSE:07656 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Reconova Technologies 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.


Reconova Technologies Co Asset Turnover vs Software Industry

For the Software industry and Technology sector, Reconova Technologies Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Reconova Technologies Co's Asset Turnover falls into.


HKSE:07656
11GF Score
Reconova Technologies Co Ltd HKSE:07656
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Reconova Technologies Co Asset Turnover Calculation

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

Reconova Technologies 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 )
=489.344/( (447.142+753.256)/ 2 )
=489.344/600.199
=0.82

Reconova Technologies 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: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=489.344/( (447.142+753.256)/ 2 )
=489.344/600.199
=0.82

* 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 0.82 mean?
Reconova Technologies Co (HKSE:07656) has a Asset Turnover of 0.82 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Reconova Technologies Co and its competitors.
Is Reconova Technologies Co's Asset Turnover too high?
Reconova Technologies Co's current Asset Turnover is 0.82. Overall, Reconova Technologies Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Reconova Technologies Co's Asset Turnover compare to IBM and ACN?
Reconova Technologies Co's Asset Turnover of 0.82 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 Reconova Technologies Co and its competitors. Reconova Technologies Co's current Asset Turnover is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconova Technologies Co stock overvalued right now?
Reconova Technologies Co (HKSE:07656) has a current Asset Turnover of 0.82. The current Asset Turnover is 0.82. Reconova Technologies Co's overall GF Score™ is 11/100 with 2 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 Reconova Technologies Co (HKSE:07656), the current Asset Turnover is 0.82 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.

Reconova Technologies Co Business Description

Address No. 3185 Sha He West Road, Xi Li Road, Floor 4-5, Block F, Nanshan Zhi Gu Industry Park, Nanshan District, Guangdong Province, Shenzhen, CHN
Reconova Technologies Co Ltd is an AI company that provides visual AI technologies and products for enterprise clients. It is engaged in the research and development, design and sale of Visual Intelligents, commercial robots and intelligent passage devices. The company's product offerings include visual perception, visual cognition, and visual reasoning solutions applied across sectors including civil aviation, commercial spaces, and driving safety. The majority of the company's revenue is derived from the sale of Intelligent Civil Aviation, which covers the entire passenger journey including check-in, security screening, boarding, and customer service. Geographically, the maximum revenue is generated from the Chinese Mainland.
11GF Score

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HK$32.32
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