Zhejiang United Investment Holdings Group (HKSE:08366) Asset Turnover: 1.59 (As of Oct. 2025)


What is Zhejiang United Investment Holdings Group Asset Turnover?

Zhejiang United Investment Holdings Group HKSE:08366 -4.17% Asset Turnover is 1.59 as of Oct. 2025. 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. Zhejiang United Investment Holdings Group's Revenue for the six months ended in Oct. 2025 was HK$75.4 Mil. Zhejiang United Investment Holdings Group's Total Assets for the quarter that ended in Oct. 2025 was HK$47.6 Mil. Therefore, Zhejiang United Investment Holdings Group's Asset Turnover for the quarter that ended in Oct. 2025 was 1.59.

Asset Turnover is linked to ROE % through Du Pont Formula. Zhejiang United Investment Holdings Group's annualized ROE % for the quarter that ended in Oct. 2025 was 19.82%. It is also linked to ROA % through Du Pont Formula. Zhejiang United Investment Holdings Group's annualized ROA % for the quarter that ended in Oct. 2025 was -9.48%.

Zhejiang United Investment Holdings Group  (HKSE:08366) Asset Turnover Explanation

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

Zhejiang United Investment Holdings Group's annulized ROE % for the quarter that ended in Oct. 2025 is

ROE %**(Q: Oct. 2025 )
=Net Income/Total Stockholders Equity
=-4.51/-22.7605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.51 / 150.806)*(150.806 / 47.5625)*(47.5625/ -22.7605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.99 %*3.1707*-2.0897
=ROA %*Equity Multiplier
=-9.48 %*-2.0897
=19.82 %

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

Zhejiang United Investment Holdings Group's annulized ROA % for the quarter that ended in Oct. 2025 is

ROA %(Q: Oct. 2025 )
=Net Income/Total Assets
=-4.51/47.5625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.51 / 150.806)*(150.806 / 47.5625)
=Net Margin %*Asset Turnover
=-2.99 %*3.1707
=-9.48 %

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

Zhejiang United Investment Holdings Group Asset Turnover Related Terms

Zhejiang United Investment Holdings Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group Asset Turnover Chart

Zhejiang United Investment Holdings Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 2.19 3.22 5.15 4.39

Zhejiang United Investment Holdings Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 2.25 2.48 2.51 1.88 1.59

HKSE:08366 vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Zhejiang United Investment Holdings Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang United Investment Holdings Group's Asset Turnover falls into.


Zhejiang United Investment Holdings Group Asset Turnover Calculation

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

Zhejiang United Investment Holdings Group's Asset Turnover for the fiscal year that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=279.932/( (64.872+62.698)/ 2 )
=279.932/63.785
=4.39

Zhejiang United Investment Holdings Group's Asset Turnover for the quarter that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2025 )/( (Total Assets (Q: Apr. 2025 )+Total Assets (Q: Oct. 2025 ))/ count )
=75.403/( (62.698+32.427)/ 2 )
=75.403/47.5625
=1.59

* 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 1.59 mean?
Zhejiang United Investment Holdings Group (HKSE:08366) has a Asset Turnover of 1.59 as of Oct. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zhejiang United Investment Holdings Group and its competitors.
Is Zhejiang United Investment Holdings Group's Asset Turnover too high?
Zhejiang United Investment Holdings Group's current Asset Turnover is 1.59.
How does Zhejiang United Investment Holdings Group's Asset Turnover compare to PWR and FIX?
Zhejiang United Investment Holdings Group's Asset Turnover of 1.59 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 Zhejiang United Investment Holdings Group and its competitors. Zhejiang United Investment Holdings Group's current Asset Turnover is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang United Investment Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang United Investment Holdings Group (HKSE:08366) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading 15% above its estimated fair value. The current Asset Turnover is 1.59. 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 Zhejiang United Investment Holdings Group (HKSE:08366), the current Asset Turnover is 1.59 as of Oct. 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.

Zhejiang United Investment Holdings Group Business Description

Address 489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.