Winking Studios (LSE:WKS) Asset Turnover: 0.39 (As of Dec. 2025)


LSE:WKS Winking Studios Ltd LSE:WKS
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What is Winking Studios Asset Turnover?

Winking Studios LSE:WKS 48 Asset Turnover is 0.39 as of Dec. 2025. GuruFocus rates LSE:WKS with a GF Score™ of 48/100. The stock has 5 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. Winking Studios's Revenue for the six months ended in Dec. 2025 was £19.51 Mil. Winking Studios's Total Assets for the quarter that ended in Dec. 2025 was £50.04 Mil. Therefore, Winking Studios's Asset Turnover for the quarter that ended in Dec. 2025 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Winking Studios's annualized ROE % for the quarter that ended in Dec. 2025 was -2.29%. It is also linked to ROA % through Du Pont Formula. Winking Studios's annualized ROA % for the quarter that ended in Dec. 2025 was -1.79%.


Winking Studios  (LSE:WKS) Asset Turnover Explanation

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

Winking Studios's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-0.898/39.2645
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.898 / 39.016)*(39.016 / 50.042)*(50.042/ 39.2645)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.3 %*0.7797*1.2745
=ROA %*Equity Multiplier
=-1.79 %*1.2745
=-2.29 %

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:

Winking Studios's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-0.898/50.042
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.898 / 39.016)*(39.016 / 50.042)
=Net Margin %*Asset Turnover
=-2.3 %*0.7797
=-1.79 %

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.


Winking Studios Asset Turnover Related Terms


Winking Studios Asset Turnover Historical Data

* Premium members only.

The historical data trend for Winking Studios'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.

Winking Studios Asset Turnover Chart

Winking Studios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.58 1.35 1.15 0.70 0.69

Winking Studios Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.49 0.51 0.37 0.30 0.39

LSE:WKS vs NTES, EA, TTWO: Asset Turnover Comparison

For the Electronic Gaming & Multimedia subindustry, Winking Studios'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.


Winking Studios Asset Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Winking Studios's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Winking Studios's Asset Turnover falls into.


LSE:WKS
48GF Score
Winking Studios Ltd LSE:WKS
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Winking Studios Asset Turnover Calculation

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

Winking Studios'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 )
=33.988/( (47.668+51.468)/ 2 )
=33.988/49.568
=0.69

Winking Studios'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 )
=19.508/( (48.616+51.468)/ 2 )
=19.508/50.042
=0.39

* 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 0.39 mean?
Winking Studios (LSE:WKS) has a Asset Turnover of 0.39 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Winking Studios and its competitors.
Is Winking Studios' Asset Turnover too high?
Winking Studios' current Asset Turnover is 0.39. Overall, Winking Studios has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Winking Studios' Asset Turnover compare to NTES and EA?
Winking Studios' Asset Turnover of 0.39 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Asset Turnover depends on the Interactive Media 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 Winking Studios and its competitors. Winking Studios's current Asset Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winking Studios stock overvalued right now?
Winking Studios (LSE:WKS) has a current Asset Turnover of 0.39. The current Asset Turnover is 0.39. Winking Studios' overall GF Score™ is 48/100 with 5 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 Winking Studios (LSE:WKS), the current Asset Turnover is 0.39 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.

Winking Studios Business Description

Other Exchanges WKS:Singapore
Address 6 Raffles Quay, No. 14-06, Singapore, SGP, 048580
Winking Studios Ltd is an art outsourcing and game development studio providing complete end-to-end art outsourcing and game development services across various platforms. The three primary business segments of the company are the Original Equipment Manufacturer (Art Outsourcing Segment), Original Design Manufacturer (Game Development Segment), and Global Publishing and Others. The company derives maximum revenue from the Art Outsourcing Segment, which creates and develops digital art assets as part of its provision of art outsourcing services. The Group can provide a wide gamut of design services that include 2D concept art, 3D modeling, 2D animation, 3D animation, and visual effects. This art includes environment design and game character design.
48GF Score

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