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Frasers Property (Thailand) PCL (BKK:FPT) Asset Turnover : 0.03 (As of Dec. 2024)


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What is Frasers Property (Thailand) PCL Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Frasers Property (Thailand) PCL's Revenue for the three months ended in Dec. 2024 was ฿3,233 Mil. Frasers Property (Thailand) PCL's Total Assets for the quarter that ended in Dec. 2024 was ฿96,216 Mil. Therefore, Frasers Property (Thailand) PCL's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Frasers Property (Thailand) PCL's annualized ROE % for the quarter that ended in Dec. 2024 was 3.55%. It is also linked to ROA % through Du Pont Formula. Frasers Property (Thailand) PCL's annualized ROA % for the quarter that ended in Dec. 2024 was 1.36%.


Frasers Property (Thailand) PCL Asset Turnover Historical Data

The historical data trend for Frasers Property (Thailand) PCL'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.

Frasers Property (Thailand) PCL Asset Turnover Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.17 0.16 0.17 0.15

Frasers Property (Thailand) PCL 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 0.03 0.04 0.04 0.04 0.03

Competitive Comparison of Frasers Property (Thailand) PCL's Asset Turnover

For the Real Estate - Development subindustry, Frasers Property (Thailand) PCL'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.


Frasers Property (Thailand) PCL's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's Asset Turnover falls into.


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Frasers Property (Thailand) PCL Asset Turnover Calculation

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

Frasers Property (Thailand) PCL's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=14184.198/( (95870.589+96591.207)/ 2 )
=14184.198/96230.898
=0.15

Frasers Property (Thailand) PCL'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 )
=3232.746/( (96591.207+95841.461)/ 2 )
=3232.746/96216.334
=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.


Frasers Property (Thailand) PCL  (BKK:FPT) Asset Turnover Explanation

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

Frasers Property (Thailand) PCL's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1305.852/36834.525
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1305.852 / 12930.984)*(12930.984 / 96216.334)*(96216.334/ 36834.525)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.1 %*0.1344*2.6121
=ROA %*Equity Multiplier
=1.36 %*2.6121
=3.55 %

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:

Frasers Property (Thailand) PCL's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1305.852/96216.334
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1305.852 / 12930.984)*(12930.984 / 96216.334)
=Net Margin %*Asset Turnover
=10.1 %*0.1344
=1.36 %

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.


Frasers Property (Thailand) PCL Asset Turnover Related Terms

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Frasers Property (Thailand) PCL Business Description

Traded in Other Exchanges
Address
Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.

Frasers Property (Thailand) PCL Headlines