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Genufood Energy Enzymes (Genufood Energy Enzymes) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Genufood Energy Enzymes Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Genufood Energy Enzymes's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Genufood Energy Enzymes's Total Assets for the quarter that ended in Dec. 2023 was $0.16 Mil. Therefore, Genufood Energy Enzymes's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Genufood Energy Enzymes's annualized ROE % for the quarter that ended in Dec. 2023 was -2,800.00%. It is also linked to ROA % through Du Pont Formula. Genufood Energy Enzymes's annualized ROA % for the quarter that ended in Dec. 2023 was -240.49%.


Genufood Energy Enzymes Asset Turnover Historical Data

The historical data trend for Genufood Energy Enzymes'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.

* Premium members only.

Genufood Energy Enzymes Asset Turnover Chart

Genufood Energy Enzymes Annual Data
Trend Sep11 Sep12 Sep13 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
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Genufood Energy Enzymes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Genufood Energy Enzymes's Asset Turnover

For the Shell Companies subindustry, Genufood Energy Enzymes'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.


Genufood Energy Enzymes's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Genufood Energy Enzymes's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Genufood Energy Enzymes's Asset Turnover falls into.



Genufood Energy Enzymes Asset Turnover Calculation

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

Genufood Energy Enzymes's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=0/( (0.151+0.202)/ 2 )
=0/0.1765
=0.00

Genufood Energy Enzymes's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.202+0.124)/ 2 )
=0/0.163
=0.00

* 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.


Genufood Energy Enzymes  (OTCPK:GFOO) Asset Turnover Explanation

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

Genufood Energy Enzymes's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.392/0.014
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.392 / 0)*(0 / 0.163)*(0.163/ 0.014)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*11.6429
=ROA %*Equity Multiplier
=-240.49 %*11.6429
=-2,800.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Genufood Energy Enzymes's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.392/0.163
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.392 / 0)*(0 / 0.163)
=Net Margin %*Asset Turnover
= %*0
=-240.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Genufood Energy Enzymes Asset Turnover Related Terms

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Genufood Energy Enzymes (Genufood Energy Enzymes) Business Description

Traded in Other Exchanges
N/A
Address
1108 S. Baldwin Avenue, Suite 107, Arcadia, CA, USA, 91007
Genufood Energy Enzymes Corp is a United States-based development stage company. The company distributes enzyme dietary supplement for human and animal consumption. ProCellax and ProAnilax are brands owned by the company. There are two sites under construction for charging stations and three sites under planning.
Executives
Hsi-ta Su director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Nan-yao Chan director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Wen Piao Lai director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Kuang Ming Tsai director, officer: President, CEO, CFO 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Jia-tian Lin director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Shao-cheng Wang officer: CFO, Secretary 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Jui Pin Lin 10 percent owner 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007
Ching Ming Hsu director 1108 S. BALDWIN AVENUE, SUITE 107, ARCADIA CA 91007

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