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Stecon Group PCL (BKK:STECON-F) Asset Turnover : 0.13 (As of Mar. 2025)


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What is Stecon Group 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. Stecon Group PCL's Revenue for the three months ended in Mar. 2025 was ฿6,526 Mil. Stecon Group PCL's Total Assets for the quarter that ended in Mar. 2025 was ฿52,177 Mil. Therefore, Stecon Group PCL's Asset Turnover for the quarter that ended in Mar. 2025 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Stecon Group PCL's annualized ROE % for the quarter that ended in Mar. 2025 was 8.20%. It is also linked to ROA % through Du Pont Formula. Stecon Group PCL's annualized ROA % for the quarter that ended in Mar. 2025 was 2.62%.


Stecon Group PCL Asset Turnover Historical Data

The historical data trend for Stecon Group 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.

Stecon Group PCL Asset Turnover Chart

Stecon Group PCL Annual Data
Trend Dec23 Dec24
Asset Turnover
0.62 0.61

Stecon Group PCL Quarterly Data
Dec23 Mar24 Sep24 Dec24 Mar25
Asset Turnover - 0.14 - 1.17 0.13

Competitive Comparison of Stecon Group PCL's Asset Turnover

For the Engineering & Construction subindustry, Stecon Group 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.


Stecon Group PCL's Asset Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Stecon Group PCL's Asset Turnover falls into.


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Stecon Group PCL Asset Turnover Calculation

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

Stecon Group 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 )
=30004.892/( (47449.45+51516.372)/ 2 )
=30004.892/49482.911
=0.61

Stecon Group PCL's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=6526.33/( (51516.372+52837.56)/ 2 )
=6526.33/52176.966
=0.13

* 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.


Stecon Group PCL  (BKK:STECON-F) Asset Turnover Explanation

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

Stecon Group PCL's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=1366.072/16654.6755
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1366.072 / 26105.32)*(26105.32 / 52176.966)*(52176.966/ 16654.6755)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.23 %*0.5003*3.1329
=ROA %*Equity Multiplier
=2.62 %*3.1329
=8.20 %

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

Stecon Group PCL's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=1366.072/52176.966
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1366.072 / 26105.32)*(26105.32 / 52176.966)
=Net Margin %*Asset Turnover
=5.23 %*0.5003
=2.62 %

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


Stecon Group PCL Asset Turnover Related Terms

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Stecon Group PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Soi 21, Asoke Road, 32/59-60, 20,27-30 Floor, Sino-Thai Tower, Klongtoey-Nua, Wattana, Bangkok, THA, 10110
Stecon Group PCL is an engineering and construction company. The group works on government and private projects, including civil and mechanical works. Its services include Infrastructure, Building, Power and energy, Industrial, and Environmental.

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