SPHL (Springview Holdings) Asset Turnover: 0.41 (As of Dec. 2025)

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.

SPHL Springview Holdings Ltd SPHL
18 GF Score
Price $2.72
! 2 Warning Signs
View Full Analysis

What is Springview Holdings Asset Turnover?

Springview Holdings SPHL -3.56% 18 Asset Turnover is 0.41 as of Dec. 2025. GuruFocus rates SPHL with a GF Score™ of 18/100. The stock has 2 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. Springview Holdings's Revenue for the six months ended in Dec. 2025 was $3.16 Mil. Springview Holdings's Total Assets for the quarter that ended in Dec. 2025 was $7.67 Mil. Therefore, Springview Holdings's Asset Turnover for the quarter that ended in Dec. 2025 was 0.41.

Asset Turnover is linked to ROE % through Du Pont Formula. Springview Holdings's annualized ROE % for the quarter that ended in Dec. 2025 was -58.93%. It is also linked to ROA % through Du Pont Formula. Springview Holdings's annualized ROA % for the quarter that ended in Dec. 2025 was -37.26%.


Springview Holdings  (NAS:SPHL) Asset Turnover Explanation

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

Springview Holdings's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-2.858/4.85
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.858 / 6.314)*(6.314 / 7.67)*(7.67/ 4.85)
=Net Margin %*Asset Turnover*Equity Multiplier
=-45.26 %*0.8232*1.5814
=ROA %*Equity Multiplier
=-37.26 %*1.5814
=-58.93 %

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:

Springview Holdings's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-2.858/7.67
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.858 / 6.314)*(6.314 / 7.67)
=Net Margin %*Asset Turnover
=-45.26 %*0.8232
=-37.26 %

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.


Springview Holdings Asset Turnover Related Terms


Springview Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for Springview 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.

Springview Holdings Asset Turnover Chart

Springview Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
2.60 2.81 0.96 0.72

Springview Holdings Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial 2.13 0.74 0.43 0.37 0.41

SPHL vs DREM, BDCC, DHI: Asset Turnover Comparison

For the Residential Construction subindustry, Springview 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.


Springview Holdings Asset Turnover vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Springview Holdings's Asset Turnover distribution charts can be found below:

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


SPHL
18GF Score
Springview Holdings Ltd SPHL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Springview Holdings Asset Turnover Calculation

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

Springview 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 )
=6.05/( (8.54+8.184)/ 2 )
=6.05/8.362
=0.72

Springview 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 )
=3.157/( (7.156+8.184)/ 2 )
=3.157/7.67
=0.41

* 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 0.41 mean?
Springview Holdings (SPHL) has a Asset Turnover of 0.41 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Springview Holdings and its competitors.
Is Springview Holdings' Asset Turnover too high?
Springview Holdings' current Asset Turnover is 0.41. Overall, Springview Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Springview Holdings' Asset Turnover compare to DREM and BDCC?
Springview Holdings' Asset Turnover of 0.41 can be compared against companies in the Homebuilding & 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 Homebuilding & Construction company?
A good Asset Turnover depends on the Homebuilding & 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 Springview Holdings and its competitors. Springview Holdings's current Asset Turnover is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Springview Holdings stock overvalued right now?
Springview Holdings (SPHL) has a current Asset Turnover of 0.41. The current Asset Turnover is 0.41. Springview Holdings' overall GF Score™ is 18/100 with 2 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 Springview Holdings (SPHL), the current Asset Turnover is 0.41 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.

Springview Holdings Business Description

Address 203 Henderson Road, No. 06-01, Henderson Industrial Park, Singapore, SGP, 159546
Springview Holdings Ltd conducts its operations through its indirect wholly-owned subsidiary, which designs and constructs residential and commercial buildings in Singapore. It also provides four main types of work, including new construction, reconstruction, Additions and Alterations (A&A), and other general contracting services such as renovation and design consultation. The company operates and manages its business as a single segment in the development of construction projects. It derives maximum revenue from its Residential Customers.
18GF Score

Get the complete analysis for SPHL

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

$2.72
Price