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Clean Power Hydrogen (LSE:CPH2) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Clean Power Hydrogen Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Clean Power Hydrogen's Revenue for the six months ended in Dec. 2023 was £0.00 Mil. Clean Power Hydrogen's Total Assets for the quarter that ended in Dec. 2023 was £26.10 Mil. Therefore, Clean Power Hydrogen's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Clean Power Hydrogen's annualized ROE % for the quarter that ended in Dec. 2023 was -22.43%. It is also linked to ROA % through Du Pont Formula. Clean Power Hydrogen's annualized ROA % for the quarter that ended in Dec. 2023 was -19.21%.


Clean Power Hydrogen Asset Turnover Historical Data

The historical data trend for Clean Power Hydrogen'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.

Clean Power Hydrogen Asset Turnover Chart

Clean Power Hydrogen Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial - 0.04 0.01 - -

Clean Power Hydrogen Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - - - -

Competitive Comparison of Clean Power Hydrogen's Asset Turnover

For the Specialty Industrial Machinery subindustry, Clean Power Hydrogen'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.


Clean Power Hydrogen's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Clean Power Hydrogen's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Clean Power Hydrogen's Asset Turnover falls into.



Clean Power Hydrogen Asset Turnover Calculation

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

Clean Power Hydrogen'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 )
=0/( (29.372+24.507)/ 2 )
=0/26.9395
=0.00

Clean Power Hydrogen'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (27.683+24.507)/ 2 )
=0/26.095
=0.00

* 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.


Clean Power Hydrogen  (LSE:CPH2) Asset Turnover Explanation

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

Clean Power Hydrogen's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-5.012/22.345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.012 / 0)*(0 / 26.095)*(26.095/ 22.345)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1678
=ROA %*Equity Multiplier
=-19.21 %*1.1678
=-22.43 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Clean Power Hydrogen's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-5.012/26.095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.012 / 0)*(0 / 26.095)
=Net Margin %*Asset Turnover
= %*0
=-19.21 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Clean Power Hydrogen Asset Turnover Related Terms

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Clean Power Hydrogen (LSE:CPH2) Business Description

Traded in Other Exchanges
Address
Spinners Road, Unit D, Parkside Business Park, Doncaster, GBR, DN2 4BL
Clean Power Hydrogen PLC is a technology and manufacturing company that is focused on the commercial production of green hydrogen in a simple, safe, and sustainable manner using its IP-protected Membrane-Free ElectrolyserTM technology. The group's main country of operation is the UK, with an existing customer base and operations established in the UK, Republic of Ireland and New Zealand.

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