GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Prosper Engineering PCL (BKK:PROS) » Definitions » Asset Turnover

Prosper Engineering PCL (BKK:PROS) Asset Turnover : 0.39 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Prosper Engineering 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. Prosper Engineering PCL's Revenue for the three months ended in Dec. 2024 was ฿423 Mil. Prosper Engineering PCL's Total Assets for the quarter that ended in Dec. 2024 was ฿1,077 Mil. Therefore, Prosper Engineering PCL's Asset Turnover for the quarter that ended in Dec. 2024 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Prosper Engineering PCL's annualized ROE % for the quarter that ended in Dec. 2024 was -10.72%. It is also linked to ROA % through Du Pont Formula. Prosper Engineering PCL's annualized ROA % for the quarter that ended in Dec. 2024 was -2.16%.


Prosper Engineering PCL Asset Turnover Historical Data

The historical data trend for Prosper Engineering 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.

Prosper Engineering PCL Asset Turnover Chart

Prosper Engineering PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 1.50 1.25 1.28 0.83 1.57

Prosper Engineering PCL Quarterly Data
Dec19 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 0.28 0.33 0.31 0.39 0.39

Competitive Comparison of Prosper Engineering PCL's Asset Turnover

For the Engineering & Construction subindustry, Prosper Engineering 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.


Prosper Engineering PCL's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prosper Engineering PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Prosper Engineering PCL's Asset Turnover falls into.


;
;

Prosper Engineering PCL Asset Turnover Calculation

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

Prosper Engineering PCL'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 )
=1496.294/( (892.466+1017.607)/ 2 )
=1496.294/955.0365
=1.57

Prosper Engineering 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 )
=422.617/( (1136.407+1017.607)/ 2 )
=422.617/1077.007
=0.39

* 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.


Prosper Engineering PCL  (BKK:PROS) Asset Turnover Explanation

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

Prosper Engineering PCL's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-23.224/216.5645
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.224 / 1690.468)*(1690.468 / 1077.007)*(1077.007/ 216.5645)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.37 %*1.5696*4.9731
=ROA %*Equity Multiplier
=-2.16 %*4.9731
=-10.72 %

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:

Prosper Engineering PCL's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-23.224/1077.007
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.224 / 1690.468)*(1690.468 / 1077.007)
=Net Margin %*Asset Turnover
=-1.37 %*1.5696
=-2.16 %

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.


Prosper Engineering PCL Asset Turnover Related Terms

Thank you for viewing the detailed overview of Prosper Engineering PCL's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Prosper Engineering PCL Business Description

Traded in Other Exchanges
Address
Nakniwat Road, No. 11 Soi Nakniwat 20, Ladphrao, Bangkok, THA, 10230
Prosper Engineering PCL is a provider of electrical and communication systems, air conditioning and ventilation system, sanitary and fire protection system distribution of materials for M&E systems and maintenance services after completion of installation and architectural works. It operates and installs engineering systems in various types of buildings, shopping centers, large superstores, product distribution centers, mobile telephone network centers, information centers, residential buildings, office buildings, government and public sector buildings, hospitals, and industrial factories. The company has two segments: M&E engineering Segment and Civil & Structure Engineering Segment. It derives maximum revenue from M&E engineering Segment.

Prosper Engineering PCL Headlines

From GuruFocus

ProSight Announces Pricing of Initial Public Offering

By PRNewswire PRNewswire 07-25-2019