SELECT * FROM `stock_list` where symbol='CQE' AND exchange = 'ASX' limit 0,1
SELECT * FROM `stock_list` where symbol='CQE' AND exchange = 'ASX' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "CQE" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 Charter Hall Social Infrastructure REIT (ASX:CQE) Asset Tur
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Social Infrastructure REIT (ASX:CQE) » Definitions » Asset Turnover

Charter Hall Social Infrastructure REIT (ASX:CQE) Asset Turnover : 0.03 (As of Dec. 2023)


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What is Charter Hall Social Infrastructure REIT Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Charter Hall Social Infrastructure REIT's Revenue for the six months ended in Dec. 2023 was A$58.4 Mil. Charter Hall Social Infrastructure REIT's Total Assets for the quarter that ended in Dec. 2023 was A$2,244.3 Mil. Therefore, Charter Hall Social Infrastructure REIT's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Charter Hall Social Infrastructure REIT's annualized ROE % for the quarter that ended in Dec. 2023 was -1.48%. It is also linked to ROA % through Du Pont Formula. Charter Hall Social Infrastructure REIT's annualized ROA % for the quarter that ended in Dec. 2023 was -0.97%.


Charter Hall Social Infrastructure REIT Asset Turnover Historical Data

The historical data trend for Charter Hall Social Infrastructure REIT'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.

Charter Hall Social Infrastructure REIT Asset Turnover Chart

Charter Hall Social Infrastructure REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.06 0.06 0.05

Charter Hall Social Infrastructure REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Charter Hall Social Infrastructure REIT's Asset Turnover

For the REIT - Specialty subindustry, Charter Hall Social Infrastructure REIT'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.


Charter Hall Social Infrastructure REIT's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Social Infrastructure REIT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Charter Hall Social Infrastructure REIT's Asset Turnover falls into.



Charter Hall Social Infrastructure REIT Asset Turnover Calculation

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

Charter Hall Social Infrastructure REIT's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=115.5/( (2081.2+2265.7)/ 2 )
=115.5/2173.45
=0.05

Charter Hall Social Infrastructure REIT'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 )
=58.4/( (2265.7+2222.8)/ 2 )
=58.4/2244.25
=0.03

* 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.


Charter Hall Social Infrastructure REIT  (ASX:CQE) Asset Turnover Explanation

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

Charter Hall Social Infrastructure REIT's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-21.8/1472.75
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-21.8 / 116.8)*(116.8 / 2244.25)*(2244.25/ 1472.75)
=Net Margin %*Asset Turnover*Equity Multiplier
=-18.66 %*0.052*1.5238
=ROA %*Equity Multiplier
=-0.97 %*1.5238
=-1.48 %

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:

Charter Hall Social Infrastructure REIT's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-21.8/2244.25
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-21.8 / 116.8)*(116.8 / 2244.25)
=Net Margin %*Asset Turnover
=-18.66 %*0.052
=-0.97 %

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.


Charter Hall Social Infrastructure REIT Asset Turnover Related Terms

Thank you for viewing the detailed overview of Charter Hall Social Infrastructure REIT's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Charter Hall Social Infrastructure REIT (ASX:CQE) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Social Infrastructure REIT is the listed childcare REIT in Australia and New Zealand. It owns more than 300 properties in Australia and New Zealand. Leases are generally triple-net, where the tenant pays for outgoings including maintenance and most capital expenditure, with an initial term of 15 years plus two five-year options. The company is managed by ASX-listed Charter Hall Group.

Charter Hall Social Infrastructure REIT (ASX:CQE) Headlines

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