Chinaftower International Holding Group (HKSE:08623) Asset Turnover: 0.50 (As of Dec. 2025)

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HKSE:08623 China Saftower International Holding Group Ltd HKSE:08623
37 GF Score
Price HK$0.11
GF Value HK$0.09
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Chinaftower International Holding Group Asset Turnover?

Chinaftower International Holding Group HKSE:08623 +6.60% 37 Asset Turnover is 0.50 as of Dec. 2025. GuruFocus rates HKSE:08623 with a GF Score™ of 37/100 and a GF Value™ of HK$0.09 (Modestly Overvalued). 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. Chinaftower International Holding Group's Revenue for the six months ended in Dec. 2025 was HK$97.1 Mil. Chinaftower International Holding Group's Total Assets for the quarter that ended in Dec. 2025 was HK$196.2 Mil. Therefore, Chinaftower International Holding Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.50.

Asset Turnover is linked to ROE % through Du Pont Formula. Chinaftower International Holding Group's annualized ROE % for the quarter that ended in Dec. 2025 was 338.22%. It is also linked to ROA % through Du Pont Formula. Chinaftower International Holding Group's annualized ROA % for the quarter that ended in Dec. 2025 was -103.77%.


Chinaftower International Holding Group  (HKSE:08623) Asset Turnover Explanation

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

Chinaftower International Holding Group's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-203.592/-60.195
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-203.592 / 194.242)*(194.242 / 196.1955)*(196.1955/ -60.195)
=Net Margin %*Asset Turnover*Equity Multiplier
=-104.81 %*0.99*-3.2593
=ROA %*Equity Multiplier
=-103.77 %*-3.2593
=338.22 %

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:

Chinaftower International Holding Group's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-203.592/196.1955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-203.592 / 194.242)*(194.242 / 196.1955)
=Net Margin %*Asset Turnover
=-104.81 %*0.99
=-103.77 %

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.


Chinaftower International Holding Group Asset Turnover Related Terms


Chinaftower International Holding Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Chinaftower International Holding 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.

Chinaftower International Holding Group Asset Turnover Chart

Chinaftower International Holding Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.35 1.67 0.64 0.80 1.30

Chinaftower International Holding Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.32 0.26 0.56 0.68 0.50

HKSE:08623 vs VRT, BE, HUBB: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, Chinaftower International Holding 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.


Chinaftower International Holding Group Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chinaftower International Holding Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Chinaftower International Holding Group's Asset Turnover falls into.


HKSE:08623
37GF Score
China Saftower International Holding Group Ltd HKSE:08623
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chinaftower International Holding Group Asset Turnover Calculation

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

Chinaftower International Holding Group'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 )
=282.985/( (291.26+142.93)/ 2 )
=282.985/217.095
=1.30

Chinaftower International Holding Group'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: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=97.121/( (249.461+142.93)/ 2 )
=97.121/196.1955
=0.50

* 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 0.50 mean?
Chinaftower International Holding Group (HKSE:08623) has a Asset Turnover of 0.50 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Chinaftower International Holding Group and its competitors.
Is Chinaftower International Holding Group's Asset Turnover too high?
Chinaftower International Holding Group's current Asset Turnover is 0.50. Overall, Chinaftower International Holding Group has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chinaftower International Holding Group's Asset Turnover compare to VRT and BE?
Chinaftower International Holding Group's Asset Turnover of 0.50 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Chinaftower International Holding Group and its competitors. Chinaftower International Holding Group's current Asset Turnover is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinaftower International Holding Group stock overvalued right now?
Based on GuruFocus' analysis, Chinaftower International Holding Group (HKSE:08623) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.11 — trading 25.6% above its estimated fair value. The current Asset Turnover is 0.50. Chinaftower International Holding Group's overall GF Score™ is 37/100 with 4 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 Chinaftower International Holding Group (HKSE:08623), the current Asset Turnover is 0.50 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.

Is Chinaftower International Holding Group (HKSE:08623) Overvalued in 2026?

Based on GuruFocus' analysis, Chinaftower International Holding Group stock appears to be overvalued. The current stock price of HK$0.11 is trading 25.6% above its estimated GF Value™ of HK$0.09. GuruFocus considers Chinaftower International Holding Group to be Modestly Overvalued.

Key valuation signals for HKSE:08623:

  • Asset Turnover: 0.50
  • GF Value™: HK$0.09 vs. price of HK$0.11 (25.6% above fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the HKSE:08623 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chinaftower International Holding Group Business Description

Address No. 9, Huaide Road, Sichuan-Zhejiang Cooperation Industrial Park, Guangyuan Economic and Technological Development Z, Sichuan Province, Guangyuan, CHN
China Saftower International Holding Group Ltd is an investment holding company. Principal activities of the Company are manufacturing and sales of wires and cables, and polymer cable materials. The Group is a regional manufacturer and supplier of wires and cables, with integrated production facilities. The Group has only one operating segment. Its products are Electric Cable (Copper Core PVC Insulated PVC Sheathed Flat Cable); Electric Cable (Aluminum Core PVC Insulated PVC Sheathed Flat Cable); Electrical Wiring and low smoke halogen-free flame-retardant fire-resistant electrical wire; Wire PVC insulated wire; Electric Cable PVC Insulated PVC Sheathed Cable; Electrical Wiring RVS -Copper Core PVC Insulated Stranded Flexible Wire for Connection; etc.
37GF Score

Get the complete analysis for HKSE:08623

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

HK$0.11
Price
HK$0.09
GF Value