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George Kent Malaysia Bhd (XKLS:3204) Asset Turnover : 0.04 (As of Dec. 2023)


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What is George Kent Malaysia Bhd Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. George Kent Malaysia Bhd's Revenue for the three months ended in Dec. 2023 was RM34.1 Mil. George Kent Malaysia Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM801.4 Mil. Therefore, George Kent Malaysia Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. George Kent Malaysia Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was -1.02%. It is also linked to ROA % through Du Pont Formula. George Kent Malaysia Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -0.67%.


George Kent Malaysia Bhd Asset Turnover Historical Data

The historical data trend for George Kent Malaysia Bhd'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.

George Kent Malaysia Bhd Asset Turnover Chart

George Kent Malaysia Bhd Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.49 0.43 0.44 0.30

George Kent Malaysia Bhd Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.07 0.05 0.04 0.05 0.04

Competitive Comparison of George Kent Malaysia Bhd's Asset Turnover

For the Engineering & Construction subindustry, George Kent Malaysia Bhd'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.


George Kent Malaysia Bhd's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, George Kent Malaysia Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where George Kent Malaysia Bhd's Asset Turnover falls into.



George Kent Malaysia Bhd Asset Turnover Calculation

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

George Kent Malaysia Bhd's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=247.04/( (869.772+807.335)/ 2 )
=247.04/838.5535
=0.29

George Kent Malaysia Bhd'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 )
=34.08/( (796.85+805.936)/ 2 )
=34.08/801.393
=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.


George Kent Malaysia Bhd  (XKLS:3204) Asset Turnover Explanation

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

George Kent Malaysia Bhd's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-5.36/525.046
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.36 / 136.32)*(136.32 / 801.393)*(801.393/ 525.046)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.93 %*0.1701*1.5263
=ROA %*Equity Multiplier
=-0.67 %*1.5263
=-1.02 %

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:

George Kent Malaysia Bhd's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-5.36/801.393
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.36 / 136.32)*(136.32 / 801.393)
=Net Margin %*Asset Turnover
=-3.93 %*0.1701
=-0.67 %

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.


George Kent Malaysia Bhd Asset Turnover Related Terms

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George Kent Malaysia Bhd (XKLS:3204) Business Description

Traded in Other Exchanges
N/A
Address
1115 Jalan Puchong, Taman Meranti Jaya, George Kent Technology Center, Puchong, SGR, MYS, 47120
George Kent Malaysia Bhd is an engineering company involved in manufacturing, trading, and investment, development of services development of water infrastructure projects, and provision of construction services. Its core businesses are in the water and construction industries. The company exports its products to Singapore, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Papua New Guinea, Australia, Hong Kong, Sri Lanka, Kenya, South Africa, South America, and the United Kingdom. It operates through the following segments: Engineering, Metering, and Others.

George Kent Malaysia Bhd (XKLS:3204) Headlines

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