Soilbuild Construction Group (SGX:ZQM) Asset Turnover: 0.71 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:ZQM Soilbuild Construction Group Ltd SGX:ZQM
49 GF Score
Price S$0.65
GF Value S$0.40
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Soilbuild Construction Group Asset Turnover?

Soilbuild Construction Group SGX:ZQM +0.78% 49 Asset Turnover is 0.71 as of Jun. 2026. GuruFocus rates SGX:ZQM with a GF Score™ of 49/100 and a GF Value™ of S$0.40 (Significantly Overvalued). The stock has 1 warning sign 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. Soilbuild Construction Group's Revenue for the six months ended in Jun. 2026 was S$290.6 Mil. Soilbuild Construction Group's Total Assets for the quarter that ended in Jun. 2026 was S$409.6 Mil. Therefore, Soilbuild Construction Group's Asset Turnover for the quarter that ended in Jun. 2026 was 0.71.

Asset Turnover is linked to ROE % through Du Pont Formula. Soilbuild Construction Group's annualized ROE % for the quarter that ended in Jun. 2026 was 47.46%. It is also linked to ROA % through Du Pont Formula. Soilbuild Construction Group's annualized ROA % for the quarter that ended in Jun. 2026 was 17.39%.


Soilbuild Construction Group  (SGX:ZQM) Asset Turnover Explanation

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

Soilbuild Construction Group's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=71.204/150.019
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(71.204 / 581.176)*(581.176 / 409.5645)*(409.5645/ 150.019)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.25 %*1.419*2.7301
=ROA %*Equity Multiplier
=17.39 %*2.7301
=47.46 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Soilbuild Construction Group's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=71.204/409.5645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(71.204 / 581.176)*(581.176 / 409.5645)
=Net Margin %*Asset Turnover
=12.25 %*1.419
=17.39 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2026) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Soilbuild Construction Group Asset Turnover Related Terms


Soilbuild Construction Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Soilbuild Construction Group'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.

Soilbuild Construction Group Asset Turnover Chart

Soilbuild Construction Group 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 1.05 1.02 0.99 1.34 1.59

Soilbuild Construction Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.59 0.79 0.81 0.85 0.71

SGX:ZQM vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Soilbuild Construction Group'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.


Soilbuild Construction Group Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Soilbuild Construction Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Soilbuild Construction Group's Asset Turnover falls into.


SGX:ZQM
49GF Score
Soilbuild Construction Group Ltd SGX:ZQM
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Soilbuild Construction Group Asset Turnover Calculation

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

Soilbuild Construction Group'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 )
=590.712/( (333.043+408.76)/ 2 )
=590.712/370.9015
=1.59

Soilbuild Construction Group's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Jun. 2026 ))/ count )
=290.588/( (408.76+410.369)/ 2 )
=290.588/409.5645
=0.71

* 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 0.71 mean?
Soilbuild Construction Group (SGX:ZQM) has a Asset Turnover of 0.71 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Soilbuild Construction Group and its competitors.
Is Soilbuild Construction Group's Asset Turnover too high?
Soilbuild Construction Group's current Asset Turnover is 0.71. Overall, Soilbuild Construction Group has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Soilbuild Construction Group's Asset Turnover compare to PWR and FIX?
Soilbuild Construction Group's Asset Turnover of 0.71 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Soilbuild Construction Group and its competitors. Soilbuild Construction Group's current Asset Turnover is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soilbuild Construction Group stock overvalued right now?
Based on GuruFocus' analysis, Soilbuild Construction Group (SGX:ZQM) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.40, compared to a current price of S$0.65 — trading 61.3% above its estimated fair value. The current Asset Turnover is 0.71. Soilbuild Construction Group's overall GF Score™ is 49/100 with 1 warning sign 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 Soilbuild Construction Group (SGX:ZQM), the current Asset Turnover is 0.71 as of Jun. 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 Soilbuild Construction Group (SGX:ZQM) Overvalued in 2026?

Based on GuruFocus' analysis, Soilbuild Construction Group stock appears to be overvalued. The current stock price of S$0.65 is trading 61.3% above its estimated GF Value™ of S$0.40. GuruFocus considers Soilbuild Construction Group to be Significantly Overvalued.

Key valuation signals for SGX:ZQM:

  • Asset Turnover: 0.71
  • GF Value™: S$0.40 vs. price of S$0.65 (61.3% above fair value)
  • GF Score™: 49/100 with 1 warning sign

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


Soilbuild Construction Group Business Description

Address 23 Defu South Street 1, Singapore, SGP, 533847
Soilbuild Construction Group Ltd is a builder engaged in the construction of residential and business space properties. The company offers real estate services including design and build, construction, turnkey construction, project management consultancy, procurement, mechanical and electrical installation, and precast and prefabrication solutions. The projects of the company in Singapore include uas South Avenue project, Soitec project, Toa Payoh HDB project, DB Schenker project, Tampines North project, Ubi Transportation Hub project, and others. Its geographical segments are spread across Singapore, Malaysia, and Myanmar, with Singapore deriving the majority of its revenue.
49GF Score

Get the complete analysis for SGX:ZQM

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

S$0.65
Price
S$0.40
GF Value