TradeGo FinTech (HKSE:08017) Asset Turnover: 0.25 (As of Mar. 2026)

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HKSE:08017 TradeGo FinTech Ltd HKSE:08017
70 GF Score
Price HK$1.35
GF Value HK$0.80
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is TradeGo FinTech Asset Turnover?

TradeGo FinTech HKSE:08017 70 Asset Turnover is 0.25 as of Mar. 2026. GuruFocus rates HKSE:08017 with a GF Score™ of 70/100 and a GF Value™ of HK$0.80 (Significantly Overvalued). The stock has 3 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. TradeGo FinTech's Revenue for the six months ended in Mar. 2026 was HK$105.5 Mil. TradeGo FinTech's Total Assets for the quarter that ended in Mar. 2026 was HK$427.8 Mil. Therefore, TradeGo FinTech's Asset Turnover for the quarter that ended in Mar. 2026 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. TradeGo FinTech's annualized ROE % for the quarter that ended in Mar. 2026 was 14.05%. It is also linked to ROA % through Du Pont Formula. TradeGo FinTech's annualized ROA % for the quarter that ended in Mar. 2026 was 12.10%.


TradeGo FinTech  (HKSE:08017) Asset Turnover Explanation

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

TradeGo FinTech's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=51.74/368.3615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.74 / 211.01)*(211.01 / 427.7645)*(427.7645/ 368.3615)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.52 %*0.4933*1.1613
=ROA %*Equity Multiplier
=12.10 %*1.1613
=14.05 %

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

TradeGo FinTech's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=51.74/427.7645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.74 / 211.01)*(211.01 / 427.7645)
=Net Margin %*Asset Turnover
=24.52 %*0.4933
=12.10 %

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


TradeGo FinTech Asset Turnover Related Terms


TradeGo FinTech Asset Turnover Historical Data

* Premium members only.

The historical data trend for TradeGo FinTech'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.

TradeGo FinTech Asset Turnover Chart

TradeGo FinTech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.51 0.40 0.68 0.54

TradeGo FinTech Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.17 0.22 0.44 0.27 0.25

HKSE:08017 vs MSFT, ORCL, PLTR: Asset Turnover Comparison

For the Software - Infrastructure subindustry, TradeGo FinTech'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.


TradeGo FinTech Asset Turnover vs Software Industry

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

* The bar in red indicates where TradeGo FinTech's Asset Turnover falls into.


HKSE:08017
70GF Score
TradeGo FinTech Ltd HKSE:08017
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TradeGo FinTech Asset Turnover Calculation

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

TradeGo FinTech's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=186.565/( (222.937+467.023)/ 2 )
=186.565/344.98
=0.54

TradeGo FinTech's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=105.505/( (388.506+467.023)/ 2 )
=105.505/427.7645
=0.25

* 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 0.25 mean?
TradeGo FinTech (HKSE:08017) has a Asset Turnover of 0.25 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TradeGo FinTech and its competitors.
Is TradeGo FinTech's Asset Turnover too high?
TradeGo FinTech's current Asset Turnover is 0.25. Overall, TradeGo FinTech has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TradeGo FinTech's Asset Turnover compare to MSFT and ORCL?
TradeGo FinTech's Asset Turnover of 0.25 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 TradeGo FinTech and its competitors. TradeGo FinTech's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeGo FinTech stock overvalued right now?
Based on GuruFocus' analysis, TradeGo FinTech (HKSE:08017) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.80, compared to a current price of HK$1.35 — trading 68.8% above its estimated fair value. The current Asset Turnover is 0.25. TradeGo FinTech's overall GF Score™ is 70/100 with 3 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 TradeGo FinTech (HKSE:08017), the current Asset Turnover is 0.25 as of Mar. 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.

Is TradeGo FinTech (HKSE:08017) Overvalued in 2026?

Based on GuruFocus' analysis, TradeGo FinTech stock appears to be overvalued. The current stock price of HK$1.35 is trading 68.8% above its estimated GF Value™ of HK$0.80. GuruFocus considers TradeGo FinTech to be Significantly Overvalued.

Key valuation signals for HKSE:08017:

  • Asset Turnover: 0.25
  • GF Value™: HK$0.80 vs. price of HK$1.35 (68.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TradeGo FinTech Business Description

Address 3040 Xinghai Avenue Nanshan Street, 2808, 28th Floor, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services, market data services, financial services, SaaS services, and other value-added services. The company derives maximum revenue from Hong Kong.
70GF Score

Get the complete analysis for HKSE:08017

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

HK$1.35
Price
HK$0.80
GF Value