Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TP Tec Holding Bhd's Revenue for the
six
months ended in Dec. 2025 was RM29.51 Mil. TP Tec Holding Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM63.81 Mil. Therefore, TP Tec Holding Bhd's Asset Turnover for the quarter that ended in Dec. 2025 was 0.46.
Asset Turnover is linked to ROE % through Du Pont Formula. TP Tec Holding Bhd's annualizedROE % for the quarter that ended in Dec. 2025 was 33.19%. It is also linked to ROA % through Du Pont Formula. TP Tec Holding Bhd's annualizedROA % for the quarter that ended in Dec. 2025 was 11.58%.
TP Tec Holding Bhd (XKLS:03061) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
TP Tec Holding Bhd's annulizedROE % for the quarter that ended in Dec. 2025 is
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:
TP Tec Holding Bhd's annulizedROA % for the quarter that ended in Dec. 2025 is
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.
TP Tec Holding Bhd Asset Turnover Related Terms
TP Tec Holding Bhd Asset Turnover Historical Data
* Premium members only.
The historical data trend for TP Tec Holding Bhd'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.
TP Tec Holding Bhd Asset Turnover Chart
TP Tec Holding Bhd Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Asset Turnover
0.52
0.75
0.94
0.96
TP Tec Holding Bhd Semi-Annual Data
Dec22
Dec23
Dec24
Jun25
Dec25
Asset Turnover
0.00
0.00
0.56
0.53
0.46
XKLS:03061 vs GEV, ETN, PH: Asset Turnover Comparison
For the Specialty Industrial Machinery subindustry, TP Tec Holding Bhd'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.
TP Tec Holding Bhd Asset Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TP Tec Holding Bhd's Asset Turnover distribution charts can be found below:
* The bar in red indicates where TP Tec Holding Bhd's Asset Turnover falls into.
* 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.
TP Tec Holding Bhd (XKLS:03061) has a Asset Turnover of 0.46 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on TP Tec Holding Bhd and its competitors.
Is TP Tec Holding Bhd's Asset Turnover too high?
TP Tec Holding Bhd's current Asset Turnover is 0.46. Overall, TP Tec Holding Bhd has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TP Tec Holding Bhd's Asset Turnover compare to GEV and ETN?
TP Tec Holding Bhd's Asset Turnover of 0.46 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 TP Tec Holding Bhd and its competitors. TP Tec Holding Bhd's current Asset Turnover is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TP Tec Holding Bhd stock overvalued right now?
TP Tec Holding Bhd (XKLS:03061) has a current Asset Turnover of 0.46. The current Asset Turnover is 0.46. TP Tec Holding Bhd's overall GF Score™ is 10/100 with 3 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 TP Tec Holding Bhd (XKLS:03061), the current Asset Turnover is 0.46 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.
TP Tec Holding Bhd is mainly involved in investment holding and the provision of management services to its subsidiaries. Its subsidiaries are involved in the sale, hire and maintenance of power generators and construction machinery, the installation of solar hybrid power systems, and related work mainly for the telecommunications industry. It also distributes filters, under the Donaldson brand, to the transportation, construction, marine, mining, energy and agriculture industries.
10GF Score
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