Sinostar Pec Holdings (SGX:C9Q) Asset Turnover: 0.58 (As of Mar. 2026)

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What is Sinostar Pec Holdings Asset Turnover?

Sinostar Pec Holdings SGX:C9Q Asset Turnover is 0.58 as of Mar. 2026. 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. Sinostar Pec Holdings's Revenue for the three months ended in Mar. 2026 was S$216.4 Mil. Sinostar Pec Holdings's Total Assets for the quarter that ended in Mar. 2026 was S$371.8 Mil. Therefore, Sinostar Pec Holdings's Asset Turnover for the quarter that ended in Mar. 2026 was 0.58.

Asset Turnover is linked to ROE % through Du Pont Formula. Sinostar Pec Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 17.23%. It is also linked to ROA % through Du Pont Formula. Sinostar Pec Holdings's annualized ROA % for the quarter that ended in Mar. 2026 was 13.88%.


Sinostar Pec Holdings  (SGX:C9Q) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=51.612/299.531
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.612 / 865.484)*(865.484 / 371.832)*(371.832/ 299.531)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.96 %*2.3276*1.2414
=ROA %*Equity Multiplier
=13.88 %*1.2414
=17.23 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=51.612/371.832
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.612 / 865.484)*(865.484 / 371.832)
=Net Margin %*Asset Turnover
=5.96 %*2.3276
=13.88 %

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.


Sinostar Pec Holdings Asset Turnover Related Terms


Sinostar Pec Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sinostar Pec 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.

Sinostar Pec Holdings Asset Turnover Chart

Sinostar Pec Holdings 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 1.72 1.66 2.05 2.35 2.21

Sinostar Pec Holdings 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 0.57 0.58 0.33 0.60 0.58

SGX:C9Q vs COP, EOG, FANG: Asset Turnover Comparison

For the Oil & Gas E&P subindustry, Sinostar Pec 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.


Sinostar Pec Holdings Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinostar Pec Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sinostar Pec Holdings's Asset Turnover falls into.



Sinostar Pec Holdings Asset Turnover Calculation

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

Sinostar Pec 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 )
=828.668/( (390.042+361.451)/ 2 )
=828.668/375.7465
=2.21

Sinostar Pec 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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=216.371/( (361.451+382.213)/ 2 )
=216.371/371.832
=0.58

* 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 0.58 mean?
Sinostar Pec Holdings (SGX:C9Q) has a Asset Turnover of 0.58 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sinostar Pec Holdings and its competitors.
Is Sinostar Pec Holdings' Asset Turnover too high?
Sinostar Pec Holdings' current Asset Turnover is 0.58.
How does Sinostar Pec Holdings' Asset Turnover compare to COP and EOG?
Sinostar Pec Holdings' Asset Turnover of 0.58 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas 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 Sinostar Pec Holdings and its competitors. Sinostar Pec Holdings's current Asset Turnover is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinostar Pec Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sinostar Pec Holdings (SGX:C9Q) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.07, compared to a current price of S$0.09 — trading 22.9% above its estimated fair value. The current Asset Turnover is 0.58. 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 Sinostar Pec Holdings (SGX:C9Q), the current Asset Turnover is 0.58 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.

Sinostar Pec Holdings Business Description

Industry EnergyOil & Gas
Address 27 Huanghe Road, Shandong Province, Dongming County, Heze, CHN, 274500
Sinostar Pec Holdings Ltd is a producer and supplier of downstream petrochemical products. The key products of the company are Processed LPG, Propylene, Purified Isobutylene, Hydrogen, Methyl Tert-butyl Ether (MTBE), Polypropylene, and Logistics and Transport. The company operates in two segments that are Gas separation, and Trasport and Logistic Service. It generates the majority of its revenue from the Gas separation segment. Processed LPG is a type of liquefied petroleum gas used as a source of fuel by households and industrial manufacturers mainly sold as household fuel through LPG distributors. All the operations of the company are principally carried out in China.