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SAAM Energy Development PCL (BKK:SAAM) Asset Turnover : 0.04 (As of Mar. 2024)


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What is SAAM Energy Development 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. SAAM Energy Development PCL's Revenue for the three months ended in Mar. 2024 was ฿18.2 Mil. SAAM Energy Development PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿507.8 Mil. Therefore, SAAM Energy Development PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. SAAM Energy Development PCL's annualized ROE % for the quarter that ended in Mar. 2024 was 3.92%. It is also linked to ROA % through Du Pont Formula. SAAM Energy Development PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 3.20%.


SAAM Energy Development PCL Asset Turnover Historical Data

The historical data trend for SAAM Energy Development 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.

SAAM Energy Development PCL Asset Turnover Chart

SAAM Energy Development PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.18 0.17 0.16 0.23

SAAM Energy Development PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.04 0.04 0.04 0.13 0.04

Competitive Comparison of SAAM Energy Development PCL's Asset Turnover

For the Utilities - Renewable subindustry, SAAM Energy Development 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.


SAAM Energy Development PCL's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SAAM Energy Development PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SAAM Energy Development PCL's Asset Turnover falls into.



SAAM Energy Development PCL Asset Turnover Calculation

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

SAAM Energy Development PCL's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=117.215/( (511.898+505.256)/ 2 )
=117.215/508.577
=0.23

SAAM Energy Development PCL's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=18.168/( (505.256+510.439)/ 2 )
=18.168/507.8475
=0.04

* 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.


SAAM Energy Development PCL  (BKK:SAAM) Asset Turnover Explanation

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

SAAM Energy Development PCL's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=16.264/414.9635
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.264 / 72.672)*(72.672 / 507.8475)*(507.8475/ 414.9635)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.38 %*0.1431*1.2238
=ROA %*Equity Multiplier
=3.20 %*1.2238
=3.92 %

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

SAAM Energy Development PCL's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=16.264/507.8475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.264 / 72.672)*(72.672 / 507.8475)
=Net Margin %*Asset Turnover
=22.38 %*0.1431
=3.20 %

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


SAAM Energy Development PCL Asset Turnover Related Terms

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SAAM Energy Development PCL (BKK:SAAM) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), Major Tower Thonglor Building, 10th Floor, Room No. 2.2, Klongton Nua, Watthana, Bangkok, THA, 10110
SAAM Energy Development PCL is a company engaged in developing renewable energy power plant projects including procuring project land and providing related services and investing in renewable energy power plants. The company's operating segments include Development service and Distribution of electricity. Development service includes the Development of renewable energy projects for the customer. Distribution of electricity includes Development and management for own solar energy project It generates maximum revenue from the Development service segment. Geographically, it derives revenue from Thailand. The Company strives to be the renewable energy project developer in businesses related to renewable energy projects & businesses pertaining to new energy development.

SAAM Energy Development PCL (BKK:SAAM) Headlines

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