Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Asset Turnover: 0.02 (As of Sep. 2025)

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BKK:MJLF Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF
51 GF Score
Price ฿4.94
GF Value ฿4.45
! 6 Warning Signs
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What is Major Cineplex Lifestyle Leasehold Property Fund Asset Turnover?

Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF +0.82% 51 Asset Turnover is 0.02 as of Sep. 2025. GuruFocus rates BKK:MJLF with a GF Score™ of 51/100 and a GF Value™ of ฿4.45. The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Major Cineplex Lifestyle Leasehold Property Fund's Revenue for the three months ended in Sep. 2025 was ฿90.8 Mil. Major Cineplex Lifestyle Leasehold Property Fund's Total Assets for the quarter that ended in Sep. 2025 was ฿3,963.9 Mil. Therefore, Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover for the quarter that ended in Sep. 2025 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Major Cineplex Lifestyle Leasehold Property Fund's annualized ROE % for the quarter that ended in Sep. 2025 was 7.59%. It is also linked to ROA % through Du Pont Formula. Major Cineplex Lifestyle Leasehold Property Fund's annualized ROA % for the quarter that ended in Sep. 2025 was 7.26%.


Major Cineplex Lifestyle Leasehold Property Fund  (BKK:MJLF) Asset Turnover Explanation

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

Major Cineplex Lifestyle Leasehold Property Fund's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=287.94/3792.2465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(287.94 / 363.216)*(363.216 / 3963.858)*(3963.858/ 3792.2465)
=Net Margin %*Asset Turnover*Equity Multiplier
=79.28 %*0.0916*1.0453
=ROA %*Equity Multiplier
=7.26 %*1.0453
=7.59 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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:

Major Cineplex Lifestyle Leasehold Property Fund's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=287.94/3963.858
=(Net Income / Revenue)*(Revenue / Total Assets)
=(287.94 / 363.216)*(363.216 / 3963.858)
=Net Margin %*Asset Turnover
=79.28 %*0.0916
=7.26 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) 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.


Major Cineplex Lifestyle Leasehold Property Fund Asset Turnover Related Terms


Major Cineplex Lifestyle Leasehold Property Fund Asset Turnover Historical Data

* Premium members only.

The historical data trend for Major Cineplex Lifestyle Leasehold Property Fund'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.

Major Cineplex Lifestyle Leasehold Property Fund Asset Turnover Chart

Major Cineplex Lifestyle Leasehold Property Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.07 0.08 0.09 0.09

Major Cineplex Lifestyle Leasehold Property Fund Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.02 0.02 0.02 0.02 0.02

BKK:MJLF vs SPG, O, KIM: Asset Turnover Comparison

For the REIT - Retail subindustry, Major Cineplex Lifestyle Leasehold Property Fund'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.


Major Cineplex Lifestyle Leasehold Property Fund Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover falls into.


BKK:MJLF
51GF Score
Major Cineplex Lifestyle Leasehold Property Fund BKK:MJLF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Cineplex Lifestyle Leasehold Property Fund Asset Turnover Calculation

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

Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=328.434/( (3629.53+3822.405)/ 2 )
=328.434/3725.9675
=0.09

Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=90.804/( (3958.619+3969.097)/ 2 )
=90.804/3963.858
=0.02

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.02 mean?
Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) has a Asset Turnover of 0.02 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Major Cineplex Lifestyle Leasehold Property Fund and its competitors.
Is Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover too high?
Major Cineplex Lifestyle Leasehold Property Fund's current Asset Turnover is 0.02. Overall, Major Cineplex Lifestyle Leasehold Property Fund has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover compare to SPG and O?
Major Cineplex Lifestyle Leasehold Property Fund's Asset Turnover of 0.02 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a REITs company?
A good Asset Turnover depends on the REITs industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Major Cineplex Lifestyle Leasehold Property Fund and its competitors. Major Cineplex Lifestyle Leasehold Property Fund's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Cineplex Lifestyle Leasehold Property Fund stock overvalued right now?
Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) has a current Asset Turnover of 0.02. The stock's GF Value™ is ฿4.45, compared to a current price of ฿4.94 — trading 11% above its estimated fair value. The current Asset Turnover is 0.02. Major Cineplex Lifestyle Leasehold Property Fund's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF), the current Asset Turnover is 0.02 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Overvalued in 2026?

Based on GuruFocus' analysis, Major Cineplex Lifestyle Leasehold Property Fund stock appears to be overvalued. The current stock price of ฿4.94 is trading 11% above its estimated GF Value™ of ฿4.45.

Key valuation signals for BKK:MJLF:

  • Asset Turnover: 0.02
  • GF Value™: ฿4.45 vs. price of ฿4.94 (11% above fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the BKK:MJLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Major Cineplex Lifestyle Leasehold Property Fund Business Description

Industry Real EstateREITs
Address 1839 Phaholyothin Road, Ladyao, Jatuchak, Bangkok, THA, 10900
Major Cineplex Lifestyle Leasehold Property Fund is a closed-end property fund. The fund operates in only one business segment which is the Investment in Property and the business is only operated in Thailand.
51GF Score

Get the complete analysis for BKK:MJLF

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.94
Price
฿4.45
GF Value