S.Kijchai Enterprise PCL (BKK:SKN) Asset Turnover: 0.06 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SKN S.Kijchai Enterprise PCL BKK:SKN
66 GF Score
Price ฿5.10
GF Value ฿3.83
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is S.Kijchai Enterprise PCL Asset Turnover?

S.Kijchai Enterprise PCL BKK:SKN +5.37% 66 Asset Turnover is 0.06 as of Jun. 2026. GuruFocus rates BKK:SKN with a GF Score™ of 66/100 and a GF Value™ of ฿3.83 (Significantly Overvalued). The stock has 7 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. S.Kijchai Enterprise PCL's Revenue for the three months ended in Jun. 2026 was ฿377 Mil. S.Kijchai Enterprise PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿6,213 Mil. Therefore, S.Kijchai Enterprise PCL's Asset Turnover for the quarter that ended in Jun. 2026 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. S.Kijchai Enterprise PCL's annualized ROE % for the quarter that ended in Jun. 2026 was -2.00%. It is also linked to ROA % through Du Pont Formula. S.Kijchai Enterprise PCL's annualized ROA % for the quarter that ended in Jun. 2026 was -1.39%.


S.Kijchai Enterprise PCL  (BKK:SKN) Asset Turnover Explanation

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

S.Kijchai Enterprise PCL's annulized ROE % for the quarter that ended in Jun. 2026 is

ROE %**(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=-86.34/4324.2425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-86.34 / 1509.804)*(1509.804 / 6213.2755)*(6213.2755/ 4324.2425)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.72 %*0.243*1.4368
=ROA %*Equity Multiplier
=-1.39 %*1.4368
=-2.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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:

S.Kijchai Enterprise PCL's annulized ROA % for the quarter that ended in Jun. 2026 is

ROA %(Q: Jun. 2026 )
=Net Income/Total Assets
=-86.34/6213.2755
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-86.34 / 1509.804)*(1509.804 / 6213.2755)
=Net Margin %*Asset Turnover
=-5.72 %*0.243
=-1.39 %

Note: The Net Income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) 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.


S.Kijchai Enterprise PCL Asset Turnover Related Terms


S.Kijchai Enterprise PCL Asset Turnover Historical Data

* Premium members only.

The historical data trend for S.Kijchai Enterprise 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.

S.Kijchai Enterprise PCL Asset Turnover Chart

S.Kijchai Enterprise PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.98 0.71 0.73 0.54

S.Kijchai Enterprise PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.15 0.15 0.12 0.08 0.06

BKK:SKN vs SSD, UFPI, BCC: Asset Turnover Comparison

For the Lumber & Wood Production subindustry, S.Kijchai Enterprise 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.


S.Kijchai Enterprise PCL Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, S.Kijchai Enterprise PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where S.Kijchai Enterprise PCL's Asset Turnover falls into.


BKK:SKN
66GF Score
S.Kijchai Enterprise PCL BKK:SKN
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S.Kijchai Enterprise PCL Asset Turnover Calculation

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

S.Kijchai Enterprise PCL's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=2991.125/( (5078.598+5930.003)/ 2 )
=2991.125/5504.3005
=0.54

S.Kijchai Enterprise PCL's Asset Turnover for the quarter that ended in Jun. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2026 )/( (Total Assets (Q: Mar. 2026 )+Total Assets (Q: Jun. 2026 ))/ count )
=377.451/( (6107.46+6319.091)/ 2 )
=377.451/6213.2755
=0.06

* 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 0.06 mean?
S.Kijchai Enterprise PCL (BKK:SKN) has a Asset Turnover of 0.06 as of Jun. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on S.Kijchai Enterprise PCL and its competitors.
Is S.Kijchai Enterprise PCL's Asset Turnover too high?
S.Kijchai Enterprise PCL's current Asset Turnover is 0.06. Overall, S.Kijchai Enterprise PCL has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S.Kijchai Enterprise PCL's Asset Turnover compare to SSD and UFPI?
S.Kijchai Enterprise PCL's Asset Turnover of 0.06 can be compared against companies in the Forest Products 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 Forest Products company?
A good Asset Turnover depends on the Forest Products 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 S.Kijchai Enterprise PCL and its competitors. S.Kijchai Enterprise PCL's current Asset Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.Kijchai Enterprise PCL stock overvalued right now?
Based on GuruFocus' analysis, S.Kijchai Enterprise PCL (BKK:SKN) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.83, compared to a current price of ฿5.10 — trading 33.2% above its estimated fair value. The current Asset Turnover is 0.06. S.Kijchai Enterprise PCL's overall GF Score™ is 66/100 with 7 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 S.Kijchai Enterprise PCL (BKK:SKN), the current Asset Turnover is 0.06 as of Jun. 2026. 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 S.Kijchai Enterprise PCL (BKK:SKN) Overvalued in 2026?

Based on GuruFocus' analysis, S.Kijchai Enterprise PCL stock appears to be overvalued. The current stock price of ฿5.10 is trading 33.2% above its estimated GF Value™ of ฿3.83. GuruFocus considers S.Kijchai Enterprise PCL to be Significantly Overvalued.

Key valuation signals for BKK:SKN:

  • Asset Turnover: 0.06
  • GF Value™: ฿3.83 vs. price of ฿5.10 (33.2% above fair value)
  • GF Score™: 66/100 with 7 warning signs

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


S.Kijchai Enterprise PCL Business Description

Address 99/9 Moo 7 Huaiyang, Klaeng, Rayong, Rayong, THA, 21110
S.Kijchai Enterprise PCL is engaged in the manufacture and distribution of Medium Density Fiber Board (MDF). The MDF Board is a Wood-based Panel in the type of Fiber Board. It is produced from using rubber wood fiber combining with binder substance which is Urea Formaldehyde Resin Chemical glue and compound into one board. The company's products include Wood-based Panel, Fiber Board, Medium Density Fiber Board or MDF, and High Density Fiber Board or HDF. Its operations are carried on only in Thailand.
66GF Score

Get the complete analysis for BKK:SKN

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

฿5.10
Price
฿3.83
GF Value