The fixed asset turnover rate (TTM) is a key operating efficiency indicator that reflects the ability of an enterprise to generate revenue using fixed assets. A higher turnover rate generally means that the enterprise uses its fixed assets more efficiently, which may lead to higher profitability. This indicator can be used for horizontal comparisons between enterprises in the same industry, as well as for vertical analysis of the same enterprise at different times. It should be noted that there may be significant differences in the fixed asset turnover rates of different industries because the capital intensity of different industries is different. For example, the manufacturing industry may require more fixed asset investment than the service industry, so its fixed asset turnover rate may be relatively low. When using this indicator, it should be analyzed in combination with industry characteristics, and attention should be paid to the impact of the depreciation policy of fixed assets on the indicator.