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SCI Electric PCL (BKK:SCI) Asset Turnover : 0.21 (As of Mar. 2024)


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What is SCI Electric 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. SCI Electric PCL's Revenue for the three months ended in Mar. 2024 was ฿361 Mil. SCI Electric PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿1,726 Mil. Therefore, SCI Electric PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. SCI Electric PCL's annualized ROE % for the quarter that ended in Mar. 2024 was -18.96%. It is also linked to ROA % through Du Pont Formula. SCI Electric PCL's annualized ROA % for the quarter that ended in Mar. 2024 was -7.40%.


SCI Electric PCL Asset Turnover Historical Data

The historical data trend for SCI Electric 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.

SCI Electric PCL Asset Turnover Chart

SCI Electric 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 0.36 0.48 0.52 0.49 0.69

SCI Electric 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 0.11 0.14 0.14 0.18 0.21

Competitive Comparison of SCI Electric PCL's Asset Turnover

For the Electrical Equipment & Parts subindustry, SCI Electric 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.


SCI Electric PCL's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SCI Electric PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SCI Electric PCL's Asset Turnover falls into.



SCI Electric PCL Asset Turnover Calculation

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

SCI Electric 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 )
=1582.768/( (2881.788+1734.686)/ 2 )
=1582.768/2308.237
=0.69

SCI Electric 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 )
=360.759/( (1734.686+1716.535)/ 2 )
=360.759/1725.6105
=0.21

* 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.


SCI Electric PCL  (BKK:SCI) Asset Turnover Explanation

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

SCI Electric PCL's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-127.62/673.012
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-127.62 / 1443.036)*(1443.036 / 1725.6105)*(1725.6105/ 673.012)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.84 %*0.8362*2.564
=ROA %*Equity Multiplier
=-7.40 %*2.564
=-18.96 %

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:

SCI Electric PCL's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-127.62/1725.6105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-127.62 / 1443.036)*(1443.036 / 1725.6105)
=Net Margin %*Asset Turnover
=-8.84 %*0.8362
=-7.40 %

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.


SCI Electric PCL Asset Turnover Related Terms

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SCI Electric PCL (BKK:SCI) Business Description

Traded in Other Exchanges
N/A
Address
107/1 Moo 1, Bangna-Trad Road, Bangprieng, Bangbo, Samutprakarn, THA, 10560
SCI Electric PCL manufactures and sells electric equipment and galvanized steel structures. The company's operating segments include Manufacture of switchboard, Manufacture and galvanized services and Services and others. Its offerings under the galvanized service segment include manufacturing and selling high-voltage transmission line towers, telecommunication towers, galvanizing steel structures and sale of wiring electric equipment and hot-dip galvanized service which accounts for the majority of the company revenues.