VPS Securities JSC (STC:VCK) Asset Turnover: 0.23 (As of Dec. 2025)


STC:VCK VPS Securities JSC STC:VCK
39 GF Score
Price ₫33,400.00
! 1 Warning Sign
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What is VPS Securities JSC Asset Turnover?

VPS Securities JSC STC:VCK -0.30% 39 Asset Turnover is 0.23 as of Dec. 2025. GuruFocus rates STC:VCK with a GF Score™ of 39/100. 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. VPS Securities JSC's Revenue for the six months ended in Dec. 2025 was ₫9,191,846 Mil. VPS Securities JSC's Total Assets for the quarter that ended in Dec. 2025 was ₫39,385,139 Mil. Therefore, VPS Securities JSC's Asset Turnover for the quarter that ended in Dec. 2025 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. VPS Securities JSC's annualized ROE % for the quarter that ended in Dec. 2025 was 35.61%. It is also linked to ROA % through Du Pont Formula. VPS Securities JSC's annualized ROA % for the quarter that ended in Dec. 2025 was 18.17%.

VPS Securities JSC  (STC:VCK) Asset Turnover Explanation

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

VPS Securities JSC's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=7157325.574/20099014.768
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7157325.574 / 18383692.084)*(18383692.084 / 39385138.9725)*(39385138.9725/ 20099014.768)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.93 %*0.4668*1.9596
=ROA %*Equity Multiplier
=18.17 %*1.9596
=35.61 %

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:

VPS Securities JSC's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=7157325.574/39385138.9725
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7157325.574 / 18383692.084)*(18383692.084 / 39385138.9725)
=Net Margin %*Asset Turnover
=38.93 %*0.4668
=18.17 %

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.

VPS Securities JSC Asset Turnover Related Terms

VPS Securities JSC Asset Turnover Historical Data

* Premium members only.

The historical data trend for VPS Securities JSC'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.

VPS Securities JSC Asset Turnover Chart

VPS Securities JSC Annual Data
Trend Dec24 Dec25
Asset Turnover
0.23 0.23

VPS Securities JSC Semi-Annual Data
Dec24 Dec25
Asset Turnover 0.23 0.23

STC:VCK vs MS, GS, SCHW: Asset Turnover Comparison

For the Capital Markets subindustry, VPS Securities JSC'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.

VPS Securities JSC Asset Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VPS Securities JSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where VPS Securities JSC's Asset Turnover falls into.


STC:VCK
39GF Score
VPS Securities JSC STC:VCK
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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VPS Securities JSC Asset Turnover Calculation

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

VPS Securities JSC'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 )
=9191846.042/( (30367897.671+48402380.274)/ 2 )
=9191846.042/39385138.9725
=0.23

VPS Securities JSC'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: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=9191846.042/( (30367897.671+48402380.274)/ 2 )
=9191846.042/39385138.9725
=0.23

* 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 0.23 mean?
VPS Securities JSC (STC:VCK) has a Asset Turnover of 0.23 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on VPS Securities JSC and its competitors.
Is VPS Securities JSC's Asset Turnover too high?
VPS Securities JSC's current Asset Turnover is 0.23. Overall, VPS Securities JSC has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does VPS Securities JSC's Asset Turnover compare to MS and GS?
VPS Securities JSC's Asset Turnover of 0.23 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Asset Turnover depends on the Capital Markets 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 VPS Securities JSC and its competitors. VPS Securities JSC's current Asset Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPS Securities JSC stock overvalued right now?
VPS Securities JSC (STC:VCK) has a current Asset Turnover of 0.23. The current Asset Turnover is 0.23. VPS Securities JSC's overall GF Score™ is 39/100 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 VPS Securities JSC (STC:VCK), the current Asset Turnover is 0.23 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.

VPS Securities JSC Business Description

Address 88 Tran Thu Do Street, Yen So Ward, Hanoi, VNM
VPS Securities JSC operates in financial and securities sector. The services offered by the company includes Securities brokerage, Securities trading, Securities investment consulting, Securities underwriting, and other related services.
39GF 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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