NCI (Neo-Concept International Group Holdings) Asset Turnover: 0.61 (As of Dec. 2025)


NCI Neo-Concept International Group Holdings Ltd NCI
23 GF Score
Price $11.37
! 3 Warning Signs
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What is Neo-Concept International Group Holdings Asset Turnover?

Neo-Concept International Group Holdings NCI +0.26% 23 Asset Turnover is 0.61 as of Dec. 2025. GuruFocus rates NCI with a GF Score™ of 23/100. 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. Neo-Concept International Group Holdings's Revenue for the six months ended in Dec. 2025 was $9.90 Mil. Neo-Concept International Group Holdings's Total Assets for the quarter that ended in Dec. 2025 was $16.21 Mil. Therefore, Neo-Concept International Group Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.61.

Asset Turnover is linked to ROE % through Du Pont Formula. Neo-Concept International Group Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was -5.96%. It is also linked to ROA % through Du Pont Formula. Neo-Concept International Group Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -2.70%.


Neo-Concept International Group Holdings  (NAS:NCI) Asset Turnover Explanation

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

Neo-Concept International Group Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-0.438/7.3435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.438 / 19.796)*(19.796 / 16.207)*(16.207/ 7.3435)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.21 %*1.2214*2.207
=ROA %*Equity Multiplier
=-2.70 %*2.207
=-5.96 %

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:

Neo-Concept International Group Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-0.438/16.207
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.438 / 19.796)*(19.796 / 16.207)
=Net Margin %*Asset Turnover
=-2.21 %*1.2214
=-2.70 %

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.


Neo-Concept International Group Holdings Asset Turnover Related Terms


Neo-Concept International Group Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Neo-Concept International 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.

Neo-Concept International Group Holdings Asset Turnover Chart

Neo-Concept International Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 4.60 8.47 2.63 2.09 1.09

Neo-Concept International Group Holdings Semi-Annual Data
Dec20 Jun21 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 1.06 0.71 1.17 0.44 0.61

NCI vs JL, XELB, PMNT: Asset Turnover Comparison

For the Apparel Manufacturing subindustry, Neo-Concept International 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.


Neo-Concept International Group Holdings Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Neo-Concept International Group Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Neo-Concept International Group Holdings's Asset Turnover falls into.


NCI
23GF Score
Neo-Concept International Group Holdings Ltd NCI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Neo-Concept International Group Holdings Asset Turnover Calculation

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

Neo-Concept International Group Holdings'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 )
=17.639/( (17.45+14.861)/ 2 )
=17.639/16.1555
=1.09

Neo-Concept International Group Holdings'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 )
=9.898/( (17.553+14.861)/ 2 )
=9.898/16.207
=0.61

* 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 0.61 mean?
Neo-Concept International Group Holdings (NCI) has a Asset Turnover of 0.61 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Neo-Concept International Group Holdings and its competitors.
Is Neo-Concept International Group Holdings' Asset Turnover too high?
Neo-Concept International Group Holdings' current Asset Turnover is 0.61. Overall, Neo-Concept International Group Holdings has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Neo-Concept International Group Holdings' Asset Turnover compare to JL and XELB?
Neo-Concept International Group Holdings' Asset Turnover of 0.61 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Neo-Concept International Group Holdings and its competitors. Neo-Concept International Group Holdings's current Asset Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo-Concept International Group Holdings stock overvalued right now?
Neo-Concept International Group Holdings (NCI) has a current Asset Turnover of 0.61. The current Asset Turnover is 0.61. Neo-Concept International Group Holdings' overall GF Score™ is 23/100 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 Neo-Concept International Group Holdings (NCI), the current Asset Turnover is 0.61 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.

Neo-Concept International Group Holdings Business Description

Address No.139-141, Hoi Bun Road, 10th floor, Seaview Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Neo-Concept International Group Holdings Ltd is a company that is a one-stop apparel solution services provider. The company offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European and North American markets.
23GF Score

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

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