Song DA Cao Cuong JSC (HSTC:SCL) Asset Turnover : 0.00 (As of . 20)

View and export this data going back to 2020. Start your Free Trial

What is Song DA Cao Cuong JSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Song DA Cao Cuong JSC's Revenue for the three months ended in . 20 was ₫ Mil. Song DA Cao Cuong JSC's Total Assets for the quarter that ended in . 20 was ₫ Mil. Therefore, Song DA Cao Cuong JSC's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Song DA Cao Cuong JSC's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Song DA Cao Cuong JSC's annualized ROA % for the quarter that ended in . 20 was %.

Song DA Cao Cuong JSC Asset Turnover Historical Data

The historical data trend for Song DA Cao Cuong JSC'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.

Song DA Cao Cuong JSC Asset Turnover Chart

Song DA Cao Cuong JSC Annual Data

Trend

Asset Turnover

Song DA Cao Cuong JSC Quarterly Data

Asset Turnover

Competitive Comparison of Song DA Cao Cuong JSC's Asset Turnover

For the Engineering & Construction subindustry, Song DA Cao Cuong JSC'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.

Song DA Cao Cuong JSC's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Song DA Cao Cuong JSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Song DA Cao Cuong JSC's Asset Turnover falls into.

Song DA Cao Cuong JSC Asset Turnover Calculation

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

Song DA Cao Cuong JSC's Asset Turnover for the fiscal year that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: . 20 )	/	( (Total Assets (A: . 20 )	+	Total Assets (A: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

Song DA Cao Cuong JSC's Asset Turnover for the quarter that ended in . 20 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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.

Song DA Cao Cuong JSC (HSTC:SCL) Asset Turnover Explanation

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

Song DA Cao Cuong JSC's annulized ROE % for the quarter that ended in . 20 is

	ROE %^**		(Q: . 20 )
=	Net Income	/	Total Stockholders Equity
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	( / )	*	( / )	*	(/ )
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	%	*		*
=	ROA %	*	Equity Multiplier
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) revenue data.

^** 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:

Song DA Cao Cuong JSC's annulized ROA % for the quarter that ended in . 20 is

	ROA %		(Q: . 20 )
=	Net Income	/	Total Assets
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	( / )	*	( / )
=	Net Margin %	*	Asset Turnover
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) revenue data.

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.

Song DA Cao Cuong JSC Asset Turnover Related Terms

Thank you for viewing the detailed overview of Song DA Cao Cuong JSC's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Song DA Cao Cuong JSC (HSTC:SCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Song DA Cao Cuong JSC (HSTC:SCL) » Definitions » Asset Turnover

Traded in Other Exchanges

N/A

Address

Km 28+500 Highway 18, Pha Lai Town Chi Linh City, Hai Duong, VNM

Website

http://www.songdacaocuong.vn

Song DA Cao Cuong JSC is a construction company which is involved in industrial and civil construction, construction of hydroelectric plants, building power lines and stations.