CCN Group (TSE:131A) Asset Turnover: 1.04 (As of Mar. 2026)


TSE:131A CCN Group Corp TSE:131A
22 GF Score
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! 5 Warning Signs
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What is CCN Group Asset Turnover?

CCN Group TSE:131A 22 Asset Turnover is 1.04 as of Mar. 2026. GuruFocus rates TSE:131A with a GF Score™ of 22/100. The stock has 5 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. CCN Group's Revenue for the six months ended in Mar. 2026 was 円2,433 Mil. CCN Group's Total Assets for the quarter that ended in Mar. 2026 was 円2,346 Mil. Therefore, CCN Group's Asset Turnover for the quarter that ended in Mar. 2026 was 1.04.

Asset Turnover is linked to ROE % through Du Pont Formula. CCN Group's annualized ROE % for the quarter that ended in Mar. 2026 was 28.72%. It is also linked to ROA % through Du Pont Formula. CCN Group's annualized ROA % for the quarter that ended in Mar. 2026 was 7.92%.

CCN Group  (TSE:131A) Asset Turnover Explanation

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

CCN Group's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=185.78/646.942
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(185.78 / 4865.638)*(4865.638 / 2346.0455)*(2346.0455/ 646.942)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.82 %*2.074*3.6264
=ROA %*Equity Multiplier
=7.92 %*3.6264
=28.72 %

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

CCN Group's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=185.78/2346.0455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(185.78 / 4865.638)*(4865.638 / 2346.0455)
=Net Margin %*Asset Turnover
=3.82 %*2.074
=7.92 %

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

CCN Group Asset Turnover Related Terms

CCN Group Asset Turnover Historical Data

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The historical data trend for CCN 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.

CCN Group Asset Turnover Chart

CCN Group Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
2.11 2.37 2.57 2.41 1.97

CCN Group Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 1.32 1.21 1.31 1.26 1.04

TSE:131A vs : Asset Turnover Comparison

For the Information Technology Services subindustry, CCN 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.

CCN Group Asset Turnover vs Software Industry

For the Software industry and Technology sector, CCN Group's Asset Turnover distribution charts can be found below:

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


TSE:131A
22GF Score
CCN Group Corp TSE:131A
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CCN Group Asset Turnover Calculation

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

CCN Group's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=4594.335/( (1707.334+2960.618)/ 2 )
=4594.335/2333.976
=1.97

CCN Group'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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2432.819/( (1731.473+2960.618)/ 2 )
=2432.819/2346.0455
=1.04

* 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 1.04 mean?
CCN Group (TSE:131A) has a Asset Turnover of 1.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CCN Group and its competitors.
Is CCN Group's Asset Turnover too high?
CCN Group's current Asset Turnover is 1.04. Overall, CCN Group has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does CCN Group's Asset Turnover compare to ?
CCN Group's Asset Turnover of 1.04 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 CCN Group and its competitors. CCN Group's current Asset Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CCN Group stock overvalued right now?
CCN Group (TSE:131A) has a current Asset Turnover of 1.04. The current Asset Turnover is 1.04. CCN Group's overall GF Score™ is 22/100 with 5 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 CCN Group (TSE:131A), the current Asset Turnover is 1.04 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.

CCN Group Business Description

Comparable Companies
Address 3-7-4 Kanda-Kajicho, Chiyoda-ku, Tokyo, JPN, 101-0045
CCN Group Corp is a system solution service business company. It collaborates and develops businesses, from consulting to operation and maintenance, including the introduction of large and small ERP packages, open system/WEB system development, Big Data analysis/BI/IoT-based in-house product and service development. Company offers a wide range of services such as System Installation Business System Operation Support Service, Microsoft Dynamics Business Microsoft Dynamics AX Implementation Support, SAP Partner Business SAP Solutions, consulting, System maintenance and management and Microsoft Dynamics AX Migration Training.
22GF Score

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