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AAQL (Antiaging Quantum Living) Asset Turnover : 0.13 (As of Dec. 2024)


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What is Antiaging Quantum Living Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Antiaging Quantum Living's Revenue for the three months ended in Dec. 2024 was $0.15 Mil. Antiaging Quantum Living's Total Assets for the quarter that ended in Dec. 2024 was $1.19 Mil. Therefore, Antiaging Quantum Living's Asset Turnover for the quarter that ended in Dec. 2024 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Antiaging Quantum Living's annualized ROE % for the quarter that ended in Dec. 2024 was 57.72%. It is also linked to ROA % through Du Pont Formula. Antiaging Quantum Living's annualized ROA % for the quarter that ended in Dec. 2024 was -43.49%.


Antiaging Quantum Living Asset Turnover Historical Data

The historical data trend for Antiaging Quantum Living'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.

Antiaging Quantum Living Asset Turnover Chart

Antiaging Quantum Living Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial - 0.04 0.17 1.75 0.01

Antiaging Quantum Living Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.01 - 0.20 0.19 0.13

Competitive Comparison of Antiaging Quantum Living's Asset Turnover

For the Internet Retail subindustry, Antiaging Quantum Living'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.


Antiaging Quantum Living's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Antiaging Quantum Living's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Antiaging Quantum Living's Asset Turnover falls into.


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Antiaging Quantum Living Asset Turnover Calculation

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

Antiaging Quantum Living's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=0.007/( (0.001+1.012)/ 2 )
=0.007/0.5065
=0.01

Antiaging Quantum Living's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.154/( (0.797+1.576)/ 2 )
=0.154/1.1865
=0.13

* 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.


Antiaging Quantum Living  (OTCPK:AAQL) Asset Turnover Explanation

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

Antiaging Quantum Living's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-0.516/-0.894
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.516 / 0.616)*(0.616 / 1.1865)*(1.1865/ -0.894)
=Net Margin %*Asset Turnover*Equity Multiplier
=-83.77 %*0.5192*-1.3272
=ROA %*Equity Multiplier
=-43.49 %*-1.3272
=57.72 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Antiaging Quantum Living's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-0.516/1.1865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.516 / 0.616)*(0.616 / 1.1865)
=Net Margin %*Asset Turnover
=-83.77 %*0.5192
=-43.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Antiaging Quantum Living Asset Turnover Related Terms

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Antiaging Quantum Living Business Description

Traded in Other Exchanges
N/A
Address
133-27 39th Avenue, Ths PH2A, Flushing, Flushing, NY, USA, 11354
Antiaging Quantum Living Inc is a health e-commerce company. The company distributes an extensive range of nutritional supplements, anti-aging and facial care products, personal care products, haircare and weight reduction products. It is active in the United States, China and Africa.
Executives
New Living Ventures Llc 10 percent owner 133-27 39 AVE THS, #PH2A FLUSHING, NEW YORK NY 11354
Sophia 33, Inc. 10 percent owner 135-22 NORTHERN BLVD., 2ND FLOOR, FLUSHING NY 11354
Dingshan Zhang director, 10 percent owner, officer: President 135-22 NORTHERN BLVD 2ND FL, FLUSHING NY 11354
Dazhong 368 Inc 10 percent owner 135-22 NORTHERN BLVD 2ND FL, FLUSHING NY 11354
Li Liuyan director, 10 percent owner 3906 MAIN STREET, 207, FLUSHING NY 11354
Lansdale Inc 10 percent owner 3906 MAIN STREET, 207, FLUSHING NY 11354
Xie Wanjun director, 10 percent owner, officer: President 3906 MAIN STREET, 207, FLUSHING NY 11354

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