Bank Of China (MEX:3988N) Asset Turnover: 0.01 (As of Mar. 2026)


MEX:3988N Bank Of China Ltd MEX:3988N
46 GF Score
Price MXN11.76
GF Value MXN10.56
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Bank Of China Asset Turnover?

Bank Of China MEX:3988N 46 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates MEX:3988N with a GF Score™ of 46/100 and a GF Value™ of MXN10.56 (Modestly Overvalued). The stock has 8 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. Bank Of China's Revenue for the three months ended in Mar. 2026 was MXN467,606 Mil. Bank Of China's Total Assets for the quarter that ended in Mar. 2026 was MXN100,828,285 Mil. Therefore, Bank Of China's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Bank Of China's annualized ROE % for the quarter that ended in Mar. 2026 was 7.43%. It is also linked to ROA % through Du Pont Formula. Bank Of China's annualized ROA % for the quarter that ended in Mar. 2026 was 0.59%.

Bank Of China  (MEX:3988N) Asset Turnover Explanation

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

Bank Of China's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=592684.28/7976421.98
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(592684.28 / 1870423.304)*(1870423.304 / 100828285.3975)*(100828285.3975/ 7976421.98)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.69 %*0.0186*12.6408
=ROA %*Equity Multiplier
=0.59 %*12.6408
=7.43 %

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:

Bank Of China's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=592684.28/100828285.3975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(592684.28 / 1870423.304)*(1870423.304 / 100828285.3975)
=Net Margin %*Asset Turnover
=31.69 %*0.0186
=0.59 %

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.

Bank Of China Asset Turnover Related Terms

Bank Of China Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bank Of China'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.

Bank Of China Asset Turnover Chart

Bank Of China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Bank Of China 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 0.00 0.00 0.00 0.01

MEX:3988N vs JPM, BAC, WFC: Asset Turnover Comparison

For the Banks - Diversified subindustry, Bank Of China'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.

Bank Of China Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Bank Of China's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bank Of China's Asset Turnover falls into.


MEX:3988N
46GF Score
Bank Of China Ltd MEX:3988N
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank Of China Asset Turnover Calculation

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

Bank Of China'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 )
=1680053.089/( (100433740.376+98061109.87)/ 2 )
=1680053.089/99247425.123
=0.02

Bank Of China'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 )
=467605.826/( (98061109.87+103595460.925)/ 2 )
=467605.826/100828285.3975
=0.00

* 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 0.01 mean?
Bank Of China (MEX:3988N) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bank Of China and its competitors.
Is Bank Of China's Asset Turnover too high?
Bank Of China's current Asset Turnover is 0.01. Overall, Bank Of China has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank Of China's Asset Turnover compare to JPM and BAC?
Bank Of China's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Bank Of China and its competitors. Bank Of China's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank Of China stock overvalued right now?
Based on GuruFocus' analysis, Bank Of China (MEX:3988N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN10.56, compared to a current price of MXN11.76 — trading 11.4% above its estimated fair value. The current Asset Turnover is 0.01. Bank Of China's overall GF Score™ is 46/100 with 8 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 Bank Of China (MEX:3988N), the current Asset Turnover is 0.01 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 Bank Of China (MEX:3988N) Overvalued in 2026?

Based on GuruFocus' analysis, Bank Of China stock appears to be overvalued. The current stock price of MXN11.76 is trading 11.4% above its estimated GF Value™ of MXN10.56. GuruFocus considers Bank Of China to be Modestly Overvalued.

Key valuation signals for MEX:3988N:

  • Asset Turnover: 0.01
  • GF Value™: MXN10.56 vs. price of MXN11.76 (11.4% above fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the MEX:3988N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bank Of China Business Description

Address No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Founded in 1912 and headquartered in Beijing, Bank of China, or BOC, has evolved through multiple institutional mandates—from central bank to foreign exchange specialist to state-owned trade finance bank—before establishing its current universal banking model. The group was dual-listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across Greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%. BOC has the most extensive global reach among Chinese banks, with operations in 64 countries and regions.
46GF Score

Get the complete analysis for MEX:3988N

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

MXN11.76
Price
MXN10.56
GF Value