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Guanwei Recycling (Guanwei Recycling) Asset Turnover : 0.00 (As of Dec. 2015)


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What is Guanwei Recycling Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Guanwei Recycling's Revenue for the six months ended in Dec. 2015 was $0.26 Mil. Guanwei Recycling's Total Assets for the quarter that ended in Dec. 2015 was $0.00 Mil. Therefore, Guanwei Recycling's Asset Turnover for the quarter that ended in Dec. 2015 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Guanwei Recycling's annualized ROE % for the quarter that ended in Dec. 2015 was %. It is also linked to ROA % through Du Pont Formula. Guanwei Recycling's annualized ROA % for the quarter that ended in Dec. 2015 was %.


Guanwei Recycling Asset Turnover Historical Data

The historical data trend for Guanwei Recycling'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.

Guanwei Recycling Asset Turnover Chart

Guanwei Recycling Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial 1.61 1.61 1.26 0.01 -

Guanwei Recycling Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover Get a 7-Day Free Trial 1.61 1.61 1.26 0.01 -

Competitive Comparison of Guanwei Recycling's Asset Turnover

For the Waste Management subindustry, Guanwei Recycling'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.


Guanwei Recycling's Asset Turnover Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guanwei Recycling's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Guanwei Recycling's Asset Turnover falls into.



Guanwei Recycling Asset Turnover Calculation

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

Guanwei Recycling's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=/( (0+0)/ 1 )
=/0
=

Guanwei Recycling's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Dec. 2015 ))/ count )
=0.255/( (0+0)/ 1 )
=0.255/0
=

* 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.


Guanwei Recycling  (GREY:GPRC) Asset Turnover Explanation

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

Guanwei Recycling's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=-3.63/0
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.63 / 0.51)*(0.51 / 0)*(0/ 0)
=Net Margin %*Asset Turnover*Equity Multiplier
=-711.76 %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (Dec. 2015) net income data. The Revenue data used here is two times the semi-annual (Dec. 2015) 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:

Guanwei Recycling's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=-3.63/0
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.63 / 0.51)*(0.51 / 0)
=Net Margin %*Asset Turnover
=-711.76 %*
= %

Note: The Net Income data used here is two times the semi-annual (Dec. 2015) net income data. The Revenue data used here is two times the semi-annual (Dec. 2015) 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.


Guanwei Recycling Asset Turnover Related Terms

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Guanwei Recycling (Guanwei Recycling) Business Description

Traded in Other Exchanges
N/A
Address
Rong Qiao Economic Zone, Fuqing City, Fujian, CHN, 350301
Guanwei Recycling Corp is a plastic recycling company. It is primarily engaged in the manufacture and distribution of low-density polyethylene and other recycled plastic products using the imported raw material in the form of plastic waste. The plastic polymers include Polyethylene terephthalate, High-density polyethylene, Polyvinyl chloride, Low-density polyethylene, Polypropylene, and Polystyrene. Geographically, the activities of the group are functioned through China.

Guanwei Recycling (Guanwei Recycling) Headlines

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