CUII (China United Insurance Service) Asset Turnover: 0.24 (As of Mar. 2023)


CUII China United Insurance Service Inc CUII
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What is China United Insurance Service Asset Turnover?

China United Insurance Service CUII 12 Asset Turnover is 0.24 as of Mar. 2023. GuruFocus rates CUII with a GF Score™ of 12/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. China United Insurance Service's Revenue for the three months ended in Mar. 2023 was $33.8 Mil. China United Insurance Service's Total Assets for the quarter that ended in Mar. 2023 was $139.1 Mil. Therefore, China United Insurance Service's Asset Turnover for the quarter that ended in Mar. 2023 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. China United Insurance Service's annualized ROE % for the quarter that ended in Mar. 2023 was 16.73%. It is also linked to ROA % through Du Pont Formula. China United Insurance Service's annualized ROA % for the quarter that ended in Mar. 2023 was 5.35%.


China United Insurance Service  (OTCPK:CUII) Asset Turnover Explanation

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

China United Insurance Service's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=7.444/44.4975
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(7.444 / 135.16)*(135.16 / 139.1115)*(139.1115/ 44.4975)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.51 %*0.9716*3.1263
=ROA %*Equity Multiplier
=5.35 %*3.1263
=16.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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:

China United Insurance Service's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=7.444/139.1115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.444 / 135.16)*(135.16 / 139.1115)
=Net Margin %*Asset Turnover
=5.51 %*0.9716
=5.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 2023) 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.


China United Insurance Service Asset Turnover Related Terms


China United Insurance Service Asset Turnover Historical Data

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The historical data trend for China United Insurance Service'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.

China United Insurance Service Asset Turnover Chart

China United Insurance Service Annual Data
Trend Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.21 1.26 1.12 0.99

China United Insurance Service Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.24 0.25 0.26 0.28 0.24

CUII vs RELI, TIRX, HUIZ: Asset Turnover Comparison

For the Insurance Brokers subindustry, China United Insurance Service'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.


China United Insurance Service Asset Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, China United Insurance Service's Asset Turnover distribution charts can be found below:

* The bar in red indicates where China United Insurance Service's Asset Turnover falls into.


CUII
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China United Insurance Service Inc CUII
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China United Insurance Service Asset Turnover Calculation

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

China United Insurance Service's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=131.93/( (127.782+138.893)/ 2 )
=131.93/133.3375
=0.99

China United Insurance Service's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=33.79/( (138.893+139.33)/ 2 )
=33.79/139.1115
=0.24

* 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 0.24 mean?
China United Insurance Service (CUII) has a Asset Turnover of 0.24 as of Mar. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on China United Insurance Service and its competitors.
Is China United Insurance Service's Asset Turnover too high?
China United Insurance Service's current Asset Turnover is 0.24. Overall, China United Insurance Service has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China United Insurance Service's Asset Turnover compare to RELI and TIRX?
China United Insurance Service's Asset Turnover of 0.24 can be compared against companies in the Insurance 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 an Insurance company?
A good Asset Turnover depends on the Insurance 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 China United Insurance Service and its competitors. China United Insurance Service's current Asset Turnover is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China United Insurance Service stock overvalued right now?
China United Insurance Service (CUII) has a current Asset Turnover of 0.24. The current Asset Turnover is 0.24. China United Insurance Service's overall GF Score™ is 12/100. 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 China United Insurance Service (CUII), the current Asset Turnover is 0.24 as of Mar. 2023. 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.

China United Insurance Service Business Description

Address Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 105405
China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates majority of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.
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