Tasty Concepts Holding (HKSE:08096) Asset Turnover: 0.43 (As of Sep. 2025)


HKSE:08096 Tasty Concepts Holding Ltd HKSE:08096
28 GF Score
Price HK$0.13
GF Value HK$0.04
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tasty Concepts Holding Asset Turnover?

Tasty Concepts Holding HKSE:08096 +0.80% 28 Asset Turnover is 0.43 as of Sep. 2025. GuruFocus rates HKSE:08096 with a GF Score™ of 28/100 and a GF Value™ of HK$0.04 (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. Tasty Concepts Holding's Revenue for the six months ended in Sep. 2025 was HK$12.78 Mil. Tasty Concepts Holding's Total Assets for the quarter that ended in Sep. 2025 was HK$29.41 Mil. Therefore, Tasty Concepts Holding's Asset Turnover for the quarter that ended in Sep. 2025 was 0.43.

Asset Turnover is linked to ROE % through Du Pont Formula. Tasty Concepts Holding's annualized ROE % for the quarter that ended in Sep. 2025 was -24.78%. It is also linked to ROA % through Du Pont Formula. Tasty Concepts Holding's annualized ROA % for the quarter that ended in Sep. 2025 was -12.80%.

Tasty Concepts Holding  (HKSE:08096) Asset Turnover Explanation

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

Tasty Concepts Holding's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-3.766/15.199
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.766 / 25.55)*(25.55 / 29.4115)*(29.4115/ 15.199)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.74 %*0.8687*1.9351
=ROA %*Equity Multiplier
=-12.80 %*1.9351
=-24.78 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

Tasty Concepts Holding's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=-3.766/29.4115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.766 / 25.55)*(25.55 / 29.4115)
=Net Margin %*Asset Turnover
=-14.74 %*0.8687
=-12.80 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.

Tasty Concepts Holding Asset Turnover Related Terms

Tasty Concepts Holding Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tasty Concepts Holding'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.

Tasty Concepts Holding Asset Turnover Chart

Tasty Concepts Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.83 1.13 1.66 1.16 0.94

Tasty Concepts Holding Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.83 0.46 0.36 0.61 0.43

HKSE:08096 vs MCD, SBUX, YUM: Asset Turnover Comparison

For the Restaurants subindustry, Tasty Concepts Holding'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.

Tasty Concepts Holding Asset Turnover vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tasty Concepts Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tasty Concepts Holding's Asset Turnover falls into.


HKSE:08096
28GF Score
Tasty Concepts Holding Ltd HKSE:08096
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tasty Concepts Holding Asset Turnover Calculation

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

Tasty Concepts Holding's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=30.916/( (37.11+29.022)/ 2 )
=30.916/33.066
=0.93

Tasty Concepts Holding's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=12.775/( (29.022+29.801)/ 2 )
=12.775/29.4115
=0.43

* 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 0.43 mean?
Tasty Concepts Holding (HKSE:08096) has a Asset Turnover of 0.43 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tasty Concepts Holding and its competitors.
Is Tasty Concepts Holding's Asset Turnover too high?
Tasty Concepts Holding's current Asset Turnover is 0.43. Overall, Tasty Concepts Holding has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tasty Concepts Holding's Asset Turnover compare to MCD and SBUX?
Tasty Concepts Holding's Asset Turnover of 0.43 can be compared against companies in the Restaurants 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 Restaurants company?
A good Asset Turnover depends on the Restaurants 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 Tasty Concepts Holding and its competitors. Tasty Concepts Holding's current Asset Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasty Concepts Holding stock overvalued right now?
Based on GuruFocus' analysis, Tasty Concepts Holding (HKSE:08096) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.13 — trading 215% above its estimated fair value. The current Asset Turnover is 0.43. Tasty Concepts Holding's overall GF Score™ is 28/100 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 Tasty Concepts Holding (HKSE:08096), the current Asset Turnover is 0.43 as of Sep. 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 Tasty Concepts Holding (HKSE:08096) Overvalued in 2026?

Based on GuruFocus' analysis, Tasty Concepts Holding stock appears to be overvalued. The current stock price of HK$0.13 is trading 215% above its estimated GF Value™ of HK$0.04. GuruFocus considers Tasty Concepts Holding to be Significantly Overvalued.

Key valuation signals for HKSE:08096:

  • Asset Turnover: 0.43
  • GF Value™: HK$0.04 vs. price of HK$0.13 (215% above fair value)
  • GF Score™: 28/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tasty Concepts Holding Business Description

Address 63-69 Wellington Street, Ground Floor, Fortuna Building, Central, HKG
Tasty Concepts Holding Ltd is an investment holding company. The group is engaged in the operation of Japanese ramen restaurants in Hong Kong and the PRC. The company derives maximum revenue from Hong Kong. It also earns revenue from the sales of food and related products and royalty fee income from a franchisee which is located in PRC and Macau.
28GF Score

Get the complete analysis for HKSE:08096

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

HK$0.13
Price
HK$0.04
GF Value