Shine Resunga Development Bank (XNEP:SHINE) Asset Turnover: 0.01 (As of Apr. 2026)

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XNEP:SHINE Shine Resunga Development Bank Ltd XNEP:SHINE
100 GF Score
Price NPR396.90
GF Value NPR468.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shine Resunga Development Bank Asset Turnover?

Shine Resunga Development Bank XNEP:SHINE -0.03% 100 Asset Turnover is 0.01 as of Apr. 2026. GuruFocus rates XNEP:SHINE with a GF Score™ of 100/100 and a GF Value™ of NPR468.93 (Modestly Undervalued). 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. Shine Resunga Development Bank's Revenue for the three months ended in Apr. 2026 was NPR857 Mil. Shine Resunga Development Bank's Total Assets for the quarter that ended in Apr. 2026 was NPR83,565 Mil. Therefore, Shine Resunga Development Bank's Asset Turnover for the quarter that ended in Apr. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Shine Resunga Development Bank's annualized ROE % for the quarter that ended in Apr. 2026 was 20.42%. It is also linked to ROA % through Du Pont Formula. Shine Resunga Development Bank's annualized ROA % for the quarter that ended in Apr. 2026 was 1.84%.


Shine Resunga Development Bank  (XNEP:SHINE) Asset Turnover Explanation

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

Shine Resunga Development Bank's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=1536.496/7524.408
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1536.496 / 3427.48)*(3427.48 / 83564.7595)*(83564.7595/ 7524.408)
=Net Margin %*Asset Turnover*Equity Multiplier
=44.83 %*0.041*11.1058
=ROA %*Equity Multiplier
=1.84 %*11.1058
=20.42 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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:

Shine Resunga Development Bank's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=1536.496/83564.7595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1536.496 / 3427.48)*(3427.48 / 83564.7595)
=Net Margin %*Asset Turnover
=44.83 %*0.041
=1.84 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.


Shine Resunga Development Bank Asset Turnover Related Terms


Shine Resunga Development Bank Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shine Resunga Development Bank'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.

Shine Resunga Development Bank Asset Turnover Chart

Shine Resunga Development Bank Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Shine Resunga Development Bank Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.01 0.01 0.01 0.01 0.01

Shine Resunga Development Bank Asset Turnover Competitor Comparison

For the Banks - Regional subindustry, Shine Resunga Development Bank'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.


Shine Resunga Development Bank Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Shine Resunga Development Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shine Resunga Development Bank's Asset Turnover falls into.


XNEP:SHINE
100GF Score
Shine Resunga Development Bank Ltd XNEP:SHINE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shine Resunga Development Bank Asset Turnover Calculation

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

Shine Resunga Development Bank's Asset Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2025 )/( (Total Assets (A: Jul. 2024 )+Total Assets (A: Jul. 2025 ))/ count )
=2976.416/( (73656.418+80353.207)/ 2 )
=2976.416/77004.8125
=0.04

Shine Resunga Development Bank's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=856.87/( (82553.185+84576.334)/ 2 )
=856.87/83564.7595
=0.01

* 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 0.01 mean?
Shine Resunga Development Bank (XNEP:SHINE) has a Asset Turnover of 0.01 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shine Resunga Development Bank and its competitors.
Is Shine Resunga Development Bank's Asset Turnover too high?
Shine Resunga Development Bank's current Asset Turnover is 0.01. Overall, Shine Resunga Development Bank has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Resunga Development Bank's Asset Turnover compare to competitors?
Shine Resunga Development Bank's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Shine Resunga Development Bank and its competitors. Shine Resunga Development Bank's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Resunga Development Bank stock overvalued right now?
Based on GuruFocus' analysis, Shine Resunga Development Bank (XNEP:SHINE) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR468.93, compared to a current price of NPR396.90 — trading 15.4% below its estimated fair value. The current Asset Turnover is 0.01. Shine Resunga Development Bank's overall GF Score™ is 100/100 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 Shine Resunga Development Bank (XNEP:SHINE), the current Asset Turnover is 0.01 as of Apr. 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 Shine Resunga Development Bank (XNEP:SHINE) Overvalued in 2026?

Based on GuruFocus' analysis, Shine Resunga Development Bank stock appears to be undervalued. The current stock price of NPR396.90 is trading 15.4% below its estimated GF Value™ of NPR468.93. GuruFocus considers Shine Resunga Development Bank to be Modestly Undervalued.

Key valuation signals for XNEP:SHINE:

  • Asset Turnover: 0.01
  • GF Value™: NPR468.93 vs. price of NPR396.90 (15.4% below fair value)
  • GF Score™: 100/100 with 2 warning signs

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


Shine Resunga Development Bank Business Description

Address Butwal Sub-Metropolitan City, Ward No 11, Kalikanagar, Rupandehi, NPL, 32907
Shine Resunga Development Bank Ltd is a regional development bank in Nepal. The company offers products and services including saving deposits, fixed deposits, call current, business loans, consumer loans, and others. The maximum revenue from Nepal itself is from Lumbini Province.
100GF Score

Get the complete analysis for XNEP:SHINE

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

NPR396.90
Price
NPR468.93
GF Value