Tuhu Car (HKSE:09690) Asset Turnover: 0.66 (As of Dec. 2025)

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HKSE:09690 Tuhu Car Inc HKSE:09690
38 GF Score
Price HK$11.62
! 3 Warning Signs
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What is Tuhu Car Asset Turnover?

Tuhu Car HKSE:09690 -0.34% 38 Asset Turnover is 0.66 as of Dec. 2025. GuruFocus rates HKSE:09690 with a GF Score™ of 38/100. 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. Tuhu Car's Revenue for the six months ended in Dec. 2025 was HK$9,484 Mil. Tuhu Car's Total Assets for the quarter that ended in Dec. 2025 was HK$14,350 Mil. Therefore, Tuhu Car's Asset Turnover for the quarter that ended in Dec. 2025 was 0.66.

Asset Turnover is linked to ROE % through Du Pont Formula. Tuhu Car's annualized ROE % for the quarter that ended in Dec. 2025 was 4.51%. It is also linked to ROA % through Du Pont Formula. Tuhu Car's annualized ROA % for the quarter that ended in Dec. 2025 was 1.74%.


Tuhu Car  (HKSE:09690) Asset Turnover Explanation

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

Tuhu Car's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=250.206/5542.1755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(250.206 / 18967.408)*(18967.408 / 14350.207)*(14350.207/ 5542.1755)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.32 %*1.3218*2.5893
=ROA %*Equity Multiplier
=1.74 %*2.5893
=4.51 %

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:

Tuhu Car's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=250.206/14350.207
=(Net Income / Revenue)*(Revenue / Total Assets)
=(250.206 / 18967.408)*(18967.408 / 14350.207)
=Net Margin %*Asset Turnover
=1.32 %*1.3218
=1.74 %

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.


Tuhu Car Asset Turnover Related Terms


Tuhu Car Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tuhu Car'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.

Tuhu Car Asset Turnover Chart

Tuhu Car Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.26 1.17 1.30 1.19 1.27

Tuhu Car Semi-Annual Data
Dec19 Dec20 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 0.66 0.60 0.62 0.63 0.66

HKSE:09690 vs ORLY, AZO: Asset Turnover Comparison

For the Auto Parts subindustry, Tuhu Car'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.


Tuhu Car Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tuhu Car's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tuhu Car's Asset Turnover falls into.


HKSE:09690
38GF Score
Tuhu Car Inc HKSE:09690
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tuhu Car Asset Turnover Calculation

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

Tuhu Car'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 )
=18185.555/( (13663.255+14914.989)/ 2 )
=18185.555/14289.122
=1.27

Tuhu Car'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 )
=9483.704/( (13785.425+14914.989)/ 2 )
=9483.704/14350.207
=0.66

* 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 0.66 mean?
Tuhu Car (HKSE:09690) has a Asset Turnover of 0.66 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tuhu Car and its competitors.
Is Tuhu Car's Asset Turnover too high?
Tuhu Car's current Asset Turnover is 0.66. Overall, Tuhu Car has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Tuhu Car's Asset Turnover compare to ORLY and AZO?
Tuhu Car's Asset Turnover of 0.66 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 Tuhu Car and its competitors. Tuhu Car's current Asset Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuhu Car stock overvalued right now?
Tuhu Car (HKSE:09690) has a current Asset Turnover of 0.66. The current Asset Turnover is 0.66. Tuhu Car's overall GF Score™ is 38/100 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 Tuhu Car (HKSE:09690), the current Asset Turnover is 0.66 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.

Tuhu Car Business Description

Other Exchanges L83:Germany
Address 1999 Yishan Road, 8th Floor Building 24, Minhang District, Shanghai, CHN
Tuhu Car Inc operates an integrated online and offline platform for automotive services in China. Through its flagship TUHU Automotive Service app and other online interfaces, the company streamlines diverse car service needs, delivering a digital and on-demand experience. Its offline network includes self-operated Tuhu workshops, franchised Tuhu workshops, and third-party partner stores. The company serves the majority of passenger vehicle models, offering products and services such as tires and chassis parts, auto maintenance, repair, car detailing, auto accessories, and related installation services. It also provides advertising, franchise, and SaaS solutions to participants on its platform. All operations are conducted within the People's Republic of China.
38GF Score

Get the complete analysis for HKSE:09690

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

HK$11.62
Price