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Low Keng Huat (Singapore) (SGX:F1E) Asset Turnover : 0.14 (As of Jan. 2024)


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What is Low Keng Huat (Singapore) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Low Keng Huat (Singapore)'s Revenue for the six months ended in Jan. 2024 was S$174.9 Mil. Low Keng Huat (Singapore)'s Total Assets for the quarter that ended in Jan. 2024 was S$1,233.9 Mil. Therefore, Low Keng Huat (Singapore)'s Asset Turnover for the quarter that ended in Jan. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Low Keng Huat (Singapore)'s annualized ROE % for the quarter that ended in Jan. 2024 was 0.11%. It is also linked to ROA % through Du Pont Formula. Low Keng Huat (Singapore)'s annualized ROA % for the quarter that ended in Jan. 2024 was 0.05%.


Low Keng Huat (Singapore) Asset Turnover Historical Data

The historical data trend for Low Keng Huat (Singapore)'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.

Low Keng Huat (Singapore) Asset Turnover Chart

Low Keng Huat (Singapore) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.11 0.07 0.29

Low Keng Huat (Singapore) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.05 0.04 0.04 0.15 0.14

Competitive Comparison of Low Keng Huat (Singapore)'s Asset Turnover

For the Real Estate - Development subindustry, Low Keng Huat (Singapore)'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.


Low Keng Huat (Singapore)'s Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Low Keng Huat (Singapore)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Low Keng Huat (Singapore)'s Asset Turnover falls into.



Low Keng Huat (Singapore) Asset Turnover Calculation

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

Low Keng Huat (Singapore)'s Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=367.68/( (1308.722+1215.993)/ 2 )
=367.68/1262.3575
=0.29

Low Keng Huat (Singapore)'s Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=174.89/( (1251.851+1215.993)/ 2 )
=174.89/1233.922
=0.14

* 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.


Low Keng Huat (Singapore)  (SGX:F1E) Asset Turnover Explanation

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

Low Keng Huat (Singapore)'s annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=0.656/610.9765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.656 / 349.78)*(349.78 / 1233.922)*(1233.922/ 610.9765)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.19 %*0.2835*2.0196
=ROA %*Equity Multiplier
=0.05 %*2.0196
=0.11 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) net income data. The Revenue data used here is two times the semi-annual (Jan. 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:

Low Keng Huat (Singapore)'s annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=0.656/1233.922
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.656 / 349.78)*(349.78 / 1233.922)
=Net Margin %*Asset Turnover
=0.19 %*0.2835
=0.05 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) net income data. The Revenue data used here is two times the semi-annual (Jan. 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.


Low Keng Huat (Singapore) Asset Turnover Related Terms

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Low Keng Huat (Singapore) (SGX:F1E) Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No.18-05/09 Parkway Parade, Singapore, SGP, 449269
Low Keng Huat (Singapore) Ltd is a Singapore based builder engaged in the business segments which include Development, Hotels, and Investments. The Development segment is engaged in the development of properties, Hotel segment is engaged in owning and operating hotels and restaurants, and Investments segment is engaged in investment in properties and shares in quoted and unquoted equities. Geographically, the group has a business presence in Singapore, Australia, and other countries, of which key revenue is generated from Singapore.

Low Keng Huat (Singapore) (SGX:F1E) Headlines

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