Sunshine Homes Development JSC (HSTC:SSH) Asset Turnover: 0.05 (As of Mar. 2026)


HSTC:SSH Sunshine Homes Development JSC HSTC:SSH
51 GF Score
Price ₫61,700.00
GF Value ₫28,785.53
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Sunshine Homes Development JSC Asset Turnover?

Sunshine Homes Development JSC HSTC:SSH 51 Asset Turnover is 0.05 as of Mar. 2026. GuruFocus rates HSTC:SSH with a GF Score™ of 51/100 and a GF Value™ of ₫28,785.53 (Significantly Overvalued). 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. Sunshine Homes Development JSC's Revenue for the three months ended in Mar. 2026 was ₫562,658 Mil. Sunshine Homes Development JSC's Total Assets for the quarter that ended in Mar. 2026 was ₫11,828,384 Mil. Therefore, Sunshine Homes Development JSC's Asset Turnover for the quarter that ended in Mar. 2026 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Sunshine Homes Development JSC's annualized ROE % for the quarter that ended in Mar. 2026 was 19.47%. It is also linked to ROA % through Du Pont Formula. Sunshine Homes Development JSC's annualized ROA % for the quarter that ended in Mar. 2026 was 9.34%.


Sunshine Homes Development JSC  (HSTC:SSH) Asset Turnover Explanation

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

Sunshine Homes Development JSC's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1104413.236/5672984.4475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1104413.236 / 2250631.216)*(2250631.216 / 11828383.6335)*(11828383.6335/ 5672984.4475)
=Net Margin %*Asset Turnover*Equity Multiplier
=49.07 %*0.1903*2.085
=ROA %*Equity Multiplier
=9.34 %*2.085
=19.47 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Sunshine Homes Development JSC's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1104413.236/11828383.6335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1104413.236 / 2250631.216)*(2250631.216 / 11828383.6335)
=Net Margin %*Asset Turnover
=49.07 %*0.1903
=9.34 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Sunshine Homes Development JSC Asset Turnover Related Terms


Sunshine Homes Development JSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sunshine Homes Development JSC'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.

Sunshine Homes Development JSC Asset Turnover Chart

Sunshine Homes Development JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.14 0.06 0.18 0.21 0.05

Sunshine Homes Development JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.01 0.01 0.02 0.00 0.05

Sunshine Homes Development JSC Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Sunshine Homes Development JSC'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.


Sunshine Homes Development JSC Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunshine Homes Development JSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sunshine Homes Development JSC's Asset Turnover falls into.


HSTC:SSH
51GF Score
Sunshine Homes Development JSC HSTC:SSH
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunshine Homes Development JSC Asset Turnover Calculation

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

Sunshine Homes Development JSC'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 )
=597089.354/( (14394873.022+12139247.382)/ 2 )
=597089.354/13267060.202
=0.05

Sunshine Homes Development JSC'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=562657.804/( (12139247.382+11517519.885)/ 2 )
=562657.804/11828383.6335
=0.05

* 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 0.05 mean?
Sunshine Homes Development JSC (HSTC:SSH) has a Asset Turnover of 0.05 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sunshine Homes Development JSC and its competitors.
Is Sunshine Homes Development JSC's Asset Turnover too high?
Sunshine Homes Development JSC's current Asset Turnover is 0.05. Overall, Sunshine Homes Development JSC has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunshine Homes Development JSC's Asset Turnover compare to competitors?
Sunshine Homes Development JSC's Asset Turnover of 0.05 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Sunshine Homes Development JSC and its competitors. Sunshine Homes Development JSC's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Homes Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Homes Development JSC (HSTC:SSH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫28,785.53, compared to a current price of ₫61,700.00 — trading 114.3% above its estimated fair value. The current Asset Turnover is 0.05. Sunshine Homes Development JSC's overall GF Score™ is 51/100 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 Sunshine Homes Development JSC (HSTC:SSH), the current Asset Turnover is 0.05 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 Sunshine Homes Development JSC (HSTC:SSH) Overvalued in 2026?

Based on GuruFocus' analysis, Sunshine Homes Development JSC stock appears to be overvalued. The current stock price of ₫61,700.00 is trading 114.3% above its estimated GF Value™ of ₫28,785.53. GuruFocus considers Sunshine Homes Development JSC to be Significantly Overvalued.

Key valuation signals for HSTC:SSH:

  • Asset Turnover: 0.05
  • GF Value™: ₫28,785.53 vs. price of ₫61,700.00 (114.3% above fair value)
  • GF Score™: 51/100 with 3 warning signs

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


Sunshine Homes Development JSC Business Description

Address 9th Floor, Sunshine Center building, 16 Pham Hung Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi City, VNM
Sunshine Homes Development JSC is engaged in the development and trading of real estate projects, motor vehicle rental, and management consultancy activities. The Company also conducts real estate business, including land use rights owned, used or leased, finishing of construction works, construction of residential and non-residential buildings, and real estate consultancy, brokerage, and management services. Its projects include Sunshine Marina Mui Ne - Hilltop Hotels & Resorts in Mui Ne Ward, Lam Dong Province; Sunshine Golf & Resort Lang Co in Lang Co, Hue; Noble Palace Tay Thang Long in O Dien, Hanoi City; Noble Palace Garden in Dan Phuong, Hanoi City; Noble Crystal Tay Ho WorldHotels Residence in Phu Thuong Ward, Hanoi City; and Noble Palace Tay Ho in Phu Thuong Ward, Hanoi City.
51GF Score

Get the complete analysis for HSTC:SSH

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

₫61,700.00
Price
₫28,785.53
GF Value