BNSOF (Bonso Electronics International) Asset Turnover: 0.25 (As of Sep. 2022)


BNSOF Bonso Electronics International Inc BNSOF
16 GF Score
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What is Bonso Electronics International Asset Turnover?

Bonso Electronics International BNSOF 16 Asset Turnover is 0.25 as of Sep. 2022. GuruFocus rates BNSOF with a GF Score™ of 16/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bonso Electronics International's Revenue for the six months ended in Sep. 2022 was $5.37 Mil. Bonso Electronics International's Total Assets for the quarter that ended in Sep. 2022 was $21.78 Mil. Therefore, Bonso Electronics International's Asset Turnover for the quarter that ended in Sep. 2022 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Bonso Electronics International's annualized ROE % for the quarter that ended in Sep. 2022 was -23.56%. It is also linked to ROA % through Du Pont Formula. Bonso Electronics International's annualized ROA % for the quarter that ended in Sep. 2022 was -14.68%.


Bonso Electronics International  (OTCPK:BNSOF) Asset Turnover Explanation

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

Bonso Electronics International's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-3.198/13.571
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.198 / 10.746)*(10.746 / 21.7845)*(21.7845/ 13.571)
=Net Margin %*Asset Turnover*Equity Multiplier
=-29.76 %*0.4933*1.6052
=ROA %*Equity Multiplier
=-14.68 %*1.6052
=-23.56 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) net income data. The Revenue data used here is two times the semi-annual (Sep. 2022) 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:

Bonso Electronics International's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-3.198/21.7845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.198 / 10.746)*(10.746 / 21.7845)
=Net Margin %*Asset Turnover
=-29.76 %*0.4933
=-14.68 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) net income data. The Revenue data used here is two times the semi-annual (Sep. 2022) 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.


Bonso Electronics International Asset Turnover Related Terms


Bonso Electronics International Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bonso Electronics International'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.

Bonso Electronics International Asset Turnover Chart

Bonso Electronics International Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.42 0.56 0.62 0.59

Bonso Electronics International Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 0.34 0.29 0.23 0.36 0.25

BNSOF vs MIND, SOBR, UCLE: Asset Turnover Comparison

For the Scientific & Technical Instruments subindustry, Bonso Electronics International'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.


Bonso Electronics International Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Bonso Electronics International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bonso Electronics International's Asset Turnover falls into.


BNSOF
16GF Score
Bonso Electronics International Inc BNSOF
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Bonso Electronics International Asset Turnover Calculation

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

Bonso Electronics International's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=14.801/( (26.421+23.75)/ 2 )
=14.801/25.0855
=0.59

Bonso Electronics International's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=5.373/( (23.75+19.819)/ 2 )
=5.373/21.7845
=0.25

* 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 0.25 mean?
Bonso Electronics International (BNSOF) has a Asset Turnover of 0.25 as of Sep. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bonso Electronics International and its competitors.
Is Bonso Electronics International's Asset Turnover too high?
Bonso Electronics International's current Asset Turnover is 0.25. Overall, Bonso Electronics International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Bonso Electronics International's Asset Turnover compare to MIND and SOBR?
Bonso Electronics International's Asset Turnover of 0.25 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Bonso Electronics International and its competitors. Bonso Electronics International's current Asset Turnover is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonso Electronics International stock overvalued right now?
Bonso Electronics International (BNSOF) has a current Asset Turnover of 0.25. The current Asset Turnover is 0.25. Bonso Electronics International's overall GF Score™ is 16/100. 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 Bonso Electronics International (BNSOF), the current Asset Turnover is 0.25 as of Sep. 2022. 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.

Bonso Electronics International Business Description

Address 9 Hillwood Road, Unit 1404, 14th Floor, Cheuk Nang Centre, Tsimshatsui, Kowloon, Hong Kong, HKG
Bonso Electronics International Inc mainly designs, develops, produces, and sells electronic sensor-based and wireless products for private label original equipment manufacturers, original brand manufacturers (OBMs), and original design manufacturers. The company has four operating segments: Scales, Others, Pet Electronics Products, and Rental and Management. It generates maximum revenue from the Scales segment. Geographically, the company derives maximum revenue from United States, followed by Germany, and the PRC. It also independently designs and develops electronic products for private label markets. The company rents factory space and equipment to third parties.
16GF Score

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