GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » An Gia Real Estate Investment And Development Corp (STC:AGG) » Definitions » Asset Turnover

An Gia Real Estate Investment And Development (STC:AGG) Asset Turnover : 0.15 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is An Gia Real Estate Investment And Development Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. An Gia Real Estate Investment And Development's Revenue for the three months ended in Mar. 2024 was ₫1,312,787 Mil. An Gia Real Estate Investment And Development's Total Assets for the quarter that ended in Mar. 2024 was ₫8,887,528 Mil. Therefore, An Gia Real Estate Investment And Development's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. An Gia Real Estate Investment And Development's annualized ROE % for the quarter that ended in Mar. 2024 was 27.64%. It is also linked to ROA % through Du Pont Formula. An Gia Real Estate Investment And Development's annualized ROA % for the quarter that ended in Mar. 2024 was 9.01%.


An Gia Real Estate Investment And Development Asset Turnover Historical Data

The historical data trend for An Gia Real Estate Investment And Development'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.

An Gia Real Estate Investment And Development Asset Turnover Chart

An Gia Real Estate Investment And Development Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.10 0.23 0.16 0.52 0.38

An Gia Real Estate Investment And Development 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 0.02 0.17 0.21 0.02 0.15

Competitive Comparison of An Gia Real Estate Investment And Development's Asset Turnover

For the Real Estate - Diversified subindustry, An Gia Real Estate Investment And Development'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.


An Gia Real Estate Investment And Development's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, An Gia Real Estate Investment And Development's Asset Turnover distribution charts can be found below:

* The bar in red indicates where An Gia Real Estate Investment And Development's Asset Turnover falls into.



An Gia Real Estate Investment And Development Asset Turnover Calculation

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

An Gia Real Estate Investment And Development'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 )
=3891046.85/( (11098528.307+9293398.077)/ 2 )
=3891046.85/10195963.192
=0.38

An Gia Real Estate Investment And Development'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 )
=1312787.417/( (9293398.077+8481657.84)/ 2 )
=1312787.417/8887527.9585
=0.15

* 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.


An Gia Real Estate Investment And Development  (STC:AGG) Asset Turnover Explanation

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

An Gia Real Estate Investment And Development's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=801164.12/2898731.412
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(801164.12 / 5251149.668)*(5251149.668 / 8887527.9585)*(8887527.9585/ 2898731.412)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.26 %*0.5908*3.066
=ROA %*Equity Multiplier
=9.01 %*3.066
=27.64 %

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:

An Gia Real Estate Investment And Development's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=801164.12/8887527.9585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(801164.12 / 5251149.668)*(5251149.668 / 8887527.9585)
=Net Margin %*Asset Turnover
=15.26 %*0.5908
=9.01 %

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.


An Gia Real Estate Investment And Development Asset Turnover Related Terms

Thank you for viewing the detailed overview of An Gia Real Estate Investment And Development's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


An Gia Real Estate Investment And Development (STC:AGG) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
30 Nguyen Thi Dieu, Ward 6, District 3, Ho Chi Minh City, VNM
An Gia Real Estate Investment And Development Corp is a real estate company. The company is engaged in real estate trading, real estate brokerage, real estate management, real estate exchange, management consulting, advertising, marketing research and public opinion polling, organization of convention and trading shows, construction of buildings, construction of other civil projects, construction of railways and roads, construction of utility projects, demolition and site preparation. The company derives its majority of revenue from real estate.

An Gia Real Estate Investment And Development (STC:AGG) Headlines

From GuruFocus

CAPITAL CITY TRUST CO/FL Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-27-2023

Kingsview Wealth Management, LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-15-2023

BOKF, NA Goes on Buying Spree in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-15-2023

Braun-Bostich & Associates Inc. Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 02-10-2023

Top 5 4th Quarter Trades of RAYMOND JAMES & ASSOCIATES

By GuruFocus Research GuruFocus Editor 02-09-2023

Top 5 4th Quarter Trades of Weil Company, Inc.

By GuruFocus Research GuruFocus Editor 02-08-2023

Top 5 4th Quarter Trades of FIRST MERCHANTS CORP

By GuruFocus Research GuruFocus Editor 01-26-2023

BAR HARBOR WEALTH MANAGEMENT Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-20-2023

Top 5 4th Quarter Trades of Zeit Capital LLC

By GuruFocus Research GuruFocus Editor 02-08-2023