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Wowjoint Holdings (Wowjoint Holdings) Asset Turnover : 0.00 (As of Dec. 2013)


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What is Wowjoint Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wowjoint Holdings's Revenue for the three months ended in Dec. 2013 was $0.00 Mil. Wowjoint Holdings's Total Assets for the quarter that ended in Dec. 2013 was $48.43 Mil. Therefore, Wowjoint Holdings's Asset Turnover for the quarter that ended in Dec. 2013 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Wowjoint Holdings's annualized ROE % for the quarter that ended in Dec. 2013 was 0.00%. It is also linked to ROA % through Du Pont Formula. Wowjoint Holdings's annualized ROA % for the quarter that ended in Dec. 2013 was 0.00%.


Wowjoint Holdings Asset Turnover Historical Data

The historical data trend for Wowjoint Holdings'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.

Wowjoint Holdings Asset Turnover Chart

Wowjoint Holdings Annual Data
Trend Dec08 Dec10 Dec11 Dec12 Dec13
Asset Turnover
- 0.67 0.55 0.23 0.35

Wowjoint Holdings Quarterly Data
May08 Dec08 Jun09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Dec12 Jun13 Dec13
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 0.03 0.03 - - -

Competitive Comparison of Wowjoint Holdings's Asset Turnover

For the Farm & Heavy Construction Machinery subindustry, Wowjoint Holdings'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.


Wowjoint Holdings's Asset Turnover Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wowjoint Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Wowjoint Holdings's Asset Turnover falls into.



Wowjoint Holdings Asset Turnover Calculation

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

Wowjoint Holdings's Asset Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=15.248/( (38.305+48.837)/ 2 )
=15.248/43.571
=0.35

Wowjoint Holdings's Asset Turnover for the quarter that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=0/( (48.024+48.837)/ 2 )
=0/48.4305
=0.00

* 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.


Wowjoint Holdings  (OTCPK:BWOWF) Asset Turnover Explanation

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

Wowjoint Holdings's annulized ROE % for the quarter that ended in Dec. 2013 is

ROE %**(Q: Dec. 2013 )
=Net Income/Total Stockholders Equity
=0/17.5885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 48.4305)*(48.4305/ 17.5885)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.7535
=ROA %*Equity Multiplier
=0.00 %*2.7535
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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:

Wowjoint Holdings's annulized ROA % for the quarter that ended in Dec. 2013 is

ROA %(Q: Dec. 2013 )
=Net Income/Total Assets
=0/48.4305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 48.4305)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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.


Wowjoint Holdings Asset Turnover Related Terms

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Wowjoint Holdings (Wowjoint Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088
Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

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