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PT Jaya Real Property Tbk (ISX:JRPT) Asset Turnover : 0.04 (As of Mar. 2024)


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What is PT Jaya Real Property Tbk Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Jaya Real Property Tbk's Revenue for the three months ended in Mar. 2024 was Rp569,730 Mil. PT Jaya Real Property Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp13,331,982 Mil. Therefore, PT Jaya Real Property Tbk's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Jaya Real Property Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 9.85%. It is also linked to ROA % through Du Pont Formula. PT Jaya Real Property Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was 6.72%.


PT Jaya Real Property Tbk Asset Turnover Historical Data

The historical data trend for PT Jaya Real Property Tbk'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.

PT Jaya Real Property Tbk Asset Turnover Chart

PT Jaya Real Property Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.19 0.19 0.19 0.20

PT Jaya Real Property Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.04 0.05 0.05 0.06 0.04

Competitive Comparison of PT Jaya Real Property Tbk's Asset Turnover

For the Real Estate - Development subindustry, PT Jaya Real Property Tbk'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.


PT Jaya Real Property Tbk's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Jaya Real Property Tbk's Asset Turnover falls into.



PT Jaya Real Property Tbk Asset Turnover Calculation

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

PT Jaya Real Property Tbk's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2503645.371/( (12251800.5+13206898.387)/ 2 )
=2503645.371/12729349.4435
=0.20

PT Jaya Real Property Tbk's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=569729.894/( (13206898.387+13457066.243)/ 2 )
=569729.894/13331982.315
=0.04

* 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.


PT Jaya Real Property Tbk  (ISX:JRPT) Asset Turnover Explanation

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

PT Jaya Real Property Tbk's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=896103.096/9095879.241
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(896103.096 / 2278919.576)*(2278919.576 / 13331982.315)*(13331982.315/ 9095879.241)
=Net Margin %*Asset Turnover*Equity Multiplier
=39.32 %*0.1709*1.4657
=ROA %*Equity Multiplier
=6.72 %*1.4657
=9.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

PT Jaya Real Property Tbk's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=896103.096/13331982.315
=(Net Income / Revenue)*(Revenue / Total Assets)
=(896103.096 / 2278919.576)*(2278919.576 / 13331982.315)
=Net Margin %*Asset Turnover
=39.32 %*0.1709
=6.72 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


PT Jaya Real Property Tbk Asset Turnover Related Terms

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PT Jaya Real Property Tbk (ISX:JRPT) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Bintaro Jaya, CBD Emerald Blok CE/A No. 01, Tangerang, IDN, 15227
PT Jaya Real Property Tbk is a property development company engaged in the development of housing and industrial estate, the development of infrastructure and public facilities, and the provision of supporting services. The company is developing housing and managing property business in the area of Jakarta Selatan and Tangerang which includes land clearance, real estate developments, and tenancy of shopping centers. Its portfolio of properties includes Plaza Bintaro Jaya, Plaza Slipi Jaya, Bintaro Jaya Xchange Mall, BX Rink, BTC and Pasar Modern, and Senen Jaya Wholesale Center, among others. The company operates in two business segments namely, sales of land and buildings and rental and other services. The majority of the revenue is earned from the sales of land and buildings.

PT Jaya Real Property Tbk (ISX:JRPT) Headlines

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