JMI Syringes & Medical Devices (DHA:JMISMDL) Asset Turnover: 0.14 (As of Mar. 2025)


DHA:JMISMDL JMI Syringes & Medical Devices Ltd DHA:JMISMDL
75 GF Score
Price BDT144.00
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What is JMI Syringes & Medical Devices Asset Turnover?

JMI Syringes & Medical Devices DHA:JMISMDL -1.77% 75 Asset Turnover is 0.14 as of Mar. 2025. GuruFocus rates DHA:JMISMDL with a GF Score™ of 75/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JMI Syringes & Medical Devices's Revenue for the three months ended in Mar. 2025 was BDT432 Mil. JMI Syringes & Medical Devices's Total Assets for the quarter that ended in Mar. 2025 was BDT3,033 Mil. Therefore, JMI Syringes & Medical Devices's Asset Turnover for the quarter that ended in Mar. 2025 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. JMI Syringes & Medical Devices's annualized ROE % for the quarter that ended in Mar. 2025 was -0.11%. It is also linked to ROA % through Du Pont Formula. JMI Syringes & Medical Devices's annualized ROA % for the quarter that ended in Mar. 2025 was -0.09%.


JMI Syringes & Medical Devices  (DHA:JMISMDL) Asset Turnover Explanation

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

JMI Syringes & Medical Devices's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=-2.876/2627.019
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.876 / 1726.18)*(1726.18 / 3032.675)*(3032.675/ 2627.019)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.17 %*0.5692*1.1544
=ROA %*Equity Multiplier
=-0.09 %*1.1544
=-0.11 %

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:

JMI Syringes & Medical Devices's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=-2.876/3032.675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.876 / 1726.18)*(1726.18 / 3032.675)
=Net Margin %*Asset Turnover
=-0.17 %*0.5692
=-0.09 %

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.


JMI Syringes & Medical Devices Asset Turnover Related Terms


JMI Syringes & Medical Devices Asset Turnover Historical Data

* Premium members only.

The historical data trend for JMI Syringes & Medical Devices'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.

JMI Syringes & Medical Devices Asset Turnover Chart

JMI Syringes & Medical Devices Annual Data
Trend Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.62 0.75 0.55 0.60

JMI Syringes & Medical Devices Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.14 0.17 0.16 0.18 0.14

DHA:JMISMDL vs ISRG, BDX, MDLN: Asset Turnover Comparison

For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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.


JMI Syringes & Medical Devices Asset Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JMI Syringes & Medical Devices's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JMI Syringes & Medical Devices's Asset Turnover falls into.


DHA:JMISMDL
75GF Score
JMI Syringes & Medical Devices Ltd DHA:JMISMDL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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JMI Syringes & Medical Devices Asset Turnover Calculation

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

JMI Syringes & Medical Devices's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=1793.61/( (2998.679+2957.068)/ 2 )
=1793.61/2977.8735
=0.60

JMI Syringes & Medical Devices'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 )
=431.545/( (3007.317+3058.033)/ 2 )
=431.545/3032.675
=0.14

* 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 0.14 mean?
JMI Syringes & Medical Devices (DHA:JMISMDL) has a Asset Turnover of 0.14 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on JMI Syringes & Medical Devices and its competitors.
Is JMI Syringes & Medical Devices' Asset Turnover too high?
JMI Syringes & Medical Devices' current Asset Turnover is 0.14. Overall, JMI Syringes & Medical Devices has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does JMI Syringes & Medical Devices' Asset Turnover compare to ISRG and BDX?
JMI Syringes & Medical Devices' Asset Turnover of 0.14 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Asset Turnover depends on the Medical Devices & Instruments 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 JMI Syringes & Medical Devices and its competitors. JMI Syringes & Medical Devices's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMI Syringes & Medical Devices stock overvalued right now?
JMI Syringes & Medical Devices (DHA:JMISMDL) has a current Asset Turnover of 0.14. The current Asset Turnover is 0.14. JMI Syringes & Medical Devices' overall GF Score™ is 75/100. 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 JMI Syringes & Medical Devices (DHA:JMISMDL), the current Asset Turnover is 0.14 as of Mar. 2025. 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.

JMI Syringes & Medical Devices Business Description

Address 117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.
75GF Score

Get the complete analysis for DHA:JMISMDL

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

BDT144.00
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