Icon Culture Global Co (HKSE:08500) Asset Turnover: 0.21 (As of Jun. 2025)

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What is Icon Culture Global Co Asset Turnover?

Icon Culture Global Co HKSE:08500 Asset Turnover is 0.21 as of Jun. 2025. 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. Icon Culture Global Co's Revenue for the six months ended in Jun. 2025 was HK$13.89 Mil. Icon Culture Global Co's Total Assets for the quarter that ended in Jun. 2025 was HK$67.64 Mil. Therefore, Icon Culture Global Co's Asset Turnover for the quarter that ended in Jun. 2025 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Icon Culture Global Co's annualized ROE % for the quarter that ended in Jun. 2025 was 2.52%. It is also linked to ROA % through Du Pont Formula. Icon Culture Global Co's annualized ROA % for the quarter that ended in Jun. 2025 was 1.39%.


Icon Culture Global Co  (HKSE:08500) Asset Turnover Explanation

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

Icon Culture Global Co's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=0.942/37.376
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.942 / 27.77)*(27.77 / 67.6395)*(67.6395/ 37.376)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.39 %*0.4106*1.8097
=ROA %*Equity Multiplier
=1.39 %*1.8097
=2.52 %

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

Icon Culture Global Co's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=0.942/67.6395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.942 / 27.77)*(27.77 / 67.6395)
=Net Margin %*Asset Turnover
=3.39 %*0.4106
=1.39 %

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


Icon Culture Global Co Asset Turnover Related Terms


Icon Culture Global Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Icon Culture Global 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.

Icon Culture Global Co Asset Turnover Chart

Icon Culture Global Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 1.65 0.91 0.39 0.30 0.51

Icon Culture Global Co Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.11 0.17 0.59 0.03 0.21

HKSE:08500 vs APP, OMC, TTD: Asset Turnover Comparison

For the Advertising Agencies subindustry, Icon Culture Global 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.


Icon Culture Global Co Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Icon Culture Global Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Icon Culture Global Co's Asset Turnover falls into.



Icon Culture Global Co Asset Turnover Calculation

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

Icon Culture Global Co's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=23.433/( (28.745+62.45)/ 2 )
=23.433/45.5975
=0.51

Icon Culture Global Co's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=13.885/( (62.45+72.829)/ 2 )
=13.885/67.6395
=0.21

* 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 0.21 mean?
Icon Culture Global Co (HKSE:08500) has a Asset Turnover of 0.21 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Icon Culture Global Co and its competitors.
Is Icon Culture Global Co's Asset Turnover too high?
Icon Culture Global Co's current Asset Turnover is 0.21.
How does Icon Culture Global Co's Asset Turnover compare to APP and OMC?
Icon Culture Global Co's Asset Turnover of 0.21 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Icon Culture Global Co and its competitors. Icon Culture Global Co's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon Culture Global Co stock overvalued right now?
Icon Culture Global Co (HKSE:08500) has a current Asset Turnover of 0.21. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.09 — trading 13.8% above its estimated fair value. The current Asset Turnover is 0.21. 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 Icon Culture Global Co (HKSE:08500), the current Asset Turnover is 0.21 as of Jun. 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.

Icon Culture Global Co Business Description

Address No. 28 Huaxia Road, 601, R&F Yingxin Building, Zhujiang New Town, Tianhe District, Guangzhou Province, CHN
Icon Culture Global Co Ltd is a multimedia advertising and marketing solution service provider in China. The company provides advertising and marketing solutions covering traditional offline media including both OOH and indoor advertising platforms; online media; public relations, marketing campaigns, and other services to its customers that consist of brand owners, state-owned entities in China, advertising agencies, and government authorities. Its integrated multimedia advertising and marketing solution services are focused on the formulation of advertising strategies for its customers and identifying and sourcing the appropriate advertising resources and formats to maximize the effectiveness of its customers' advertisements.