Pizu Group Holdings (HKSE:09893) Asset Turnover: 0.15 (As of Mar. 2026)

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HKSE:09893 Pizu Group Holdings Ltd HKSE:09893
59 GF Score
Price HK$1.71
GF Value HK$0.42
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Pizu Group Holdings Asset Turnover?

Pizu Group Holdings HKSE:09893 59 Asset Turnover is 0.15 as of Mar. 2026. GuruFocus rates HKSE:09893 with a GF Score™ of 59/100 and a GF Value™ of HK$0.42 (Significantly 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. Pizu Group Holdings's Revenue for the six months ended in Mar. 2026 was HK$896 Mil. Pizu Group Holdings's Total Assets for the quarter that ended in Mar. 2026 was HK$6,071 Mil. Therefore, Pizu Group Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Pizu Group Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 16.78%. It is also linked to ROA % through Du Pont Formula. Pizu Group Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 3.64%.


Pizu Group Holdings  (HKSE:09893) Asset Turnover Explanation

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

Pizu Group Holdings's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=220.912/1316.226
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(220.912 / 1791.636)*(1791.636 / 6070.728)*(6070.728/ 1316.226)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.33 %*0.2951*4.6122
=ROA %*Equity Multiplier
=3.64 %*4.6122
=16.78 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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:

Pizu Group Holdings's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=220.912/6070.728
=(Net Income / Revenue)*(Revenue / Total Assets)
=(220.912 / 1791.636)*(1791.636 / 6070.728)
=Net Margin %*Asset Turnover
=12.33 %*0.2951
=3.64 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


Pizu Group Holdings Asset Turnover Related Terms


Pizu Group Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Pizu Group Holdings'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.

Pizu Group Holdings Asset Turnover Chart

Pizu Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.39 0.33 0.40 0.30

Pizu Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.18 0.21 0.18 0.16 0.15

HKSE:09893 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Pizu Group Holdings'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.


Pizu Group Holdings Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pizu Group Holdings's Asset Turnover distribution charts can be found below:

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


HKSE:09893
59GF Score
Pizu Group Holdings Ltd HKSE:09893
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pizu Group Holdings Asset Turnover Calculation

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

Pizu Group Holdings's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1745.437/( (4935.842+6762.182)/ 2 )
=1745.437/5849.012
=0.30

Pizu Group Holdings's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=895.818/( (5379.274+6762.182)/ 2 )
=895.818/6070.728
=0.15

* 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 0.15 mean?
Pizu Group Holdings (HKSE:09893) has a Asset Turnover of 0.15 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Pizu Group Holdings and its competitors.
Is Pizu Group Holdings' Asset Turnover too high?
Pizu Group Holdings' current Asset Turnover is 0.15. Overall, Pizu Group Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pizu Group Holdings' Asset Turnover compare to LIN and SHW?
Pizu Group Holdings' Asset Turnover of 0.15 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Pizu Group Holdings and its competitors. Pizu Group Holdings's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pizu Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pizu Group Holdings (HKSE:09893) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.42, compared to a current price of HK$1.71 — trading 307.1% above its estimated fair value. The current Asset Turnover is 0.15. Pizu Group Holdings' overall GF Score™ is 59/100 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 Pizu Group Holdings (HKSE:09893), the current Asset Turnover is 0.15 as of Mar. 2026. 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 Pizu Group Holdings (HKSE:09893) Overvalued in 2026?

Based on GuruFocus' analysis, Pizu Group Holdings stock appears to be overvalued. The current stock price of HK$1.71 is trading 307.1% above its estimated GF Value™ of HK$0.42. GuruFocus considers Pizu Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:09893:

  • Asset Turnover: 0.15
  • GF Value™: HK$0.42 vs. price of HK$1.71 (307.1% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the HKSE:09893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pizu Group Holdings Business Description

Address 168-200 Connaught Road Central, Unit 07, 21st Floor, West Tower, Sheung Wan, Hong Kong, HKG
Pizu Group Holdings Ltd is an investment holding company. It is involved in the segments of Mining operation which involves the mining, and processing of pyrite, iron ore, and copper and the sales of the said mineral products in the PRC; Explosives trading and blasting services involving the manufacturing and sale of explosives and provision of blasting operations in the PRC and Tajikistan; and Bulk mineral trade which covers the trading of non-ferrous metals and minerals in Hong Kong and the PRC. It derives key revenue from the mining segment.
59GF Score

Get the complete analysis for HKSE:09893

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

HK$1.71
Price
HK$0.42
GF Value