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Shahjibazar Power Co (DHA:SPCL) Asset Turnover : 0.25 (As of Sep. 2024)


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What is Shahjibazar Power Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Shahjibazar Power Co's Revenue for the three months ended in Sep. 2024 was BDT3,044 Mil. Shahjibazar Power Co's Total Assets for the quarter that ended in Sep. 2024 was BDT12,198 Mil. Therefore, Shahjibazar Power Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Shahjibazar Power Co's annualized ROE % for the quarter that ended in Sep. 2024 was 3.82%. It is also linked to ROA % through Du Pont Formula. Shahjibazar Power Co's annualized ROA % for the quarter that ended in Sep. 2024 was 2.23%.


Shahjibazar Power Co Asset Turnover Historical Data

The historical data trend for Shahjibazar Power Co'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.

Shahjibazar Power Co Asset Turnover Chart

Shahjibazar Power Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.58 0.81 0.64 0.78 0.91

Shahjibazar Power Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.29 0.22 0.46 0.14 0.25

Competitive Comparison of Shahjibazar Power Co's Asset Turnover

For the Utilities - Independent Power Producers subindustry, Shahjibazar Power Co'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.


Shahjibazar Power Co's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shahjibazar Power Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shahjibazar Power Co's Asset Turnover falls into.


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Shahjibazar Power Co Asset Turnover Calculation

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

Shahjibazar Power Co'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 )
=11164.461/( (12629.466+11819.981)/ 2 )
=11164.461/12224.7235
=0.91

Shahjibazar Power Co's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=3044.457/( (11819.981+12575.536)/ 2 )
=3044.457/12197.7585
=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.


Shahjibazar Power Co  (DHA:SPCL) Asset Turnover Explanation

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

Shahjibazar Power Co's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=271.644/7110.5025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(271.644 / 12177.828)*(12177.828 / 12197.7585)*(12197.7585/ 7110.5025)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.23 %*0.9984*1.7155
=ROA %*Equity Multiplier
=2.23 %*1.7155
=3.82 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Shahjibazar Power Co's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=271.644/12197.7585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(271.644 / 12177.828)*(12177.828 / 12197.7585)
=Net Margin %*Asset Turnover
=2.23 %*0.9984
=2.23 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Shahjibazar Power Co Asset Turnover Related Terms

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Shahjibazar Power Co Business Description

Traded in Other Exchanges
N/A
Address
822/2, Rokeya Sarani, Mirpur, Dhaka, BGD, 1216
Shahjibazar Power Co Ltd generates and supplies electricity in Bangladesh. It is engaged in the production and supply of petroleum products like High-Speed Diesel, High Octane Blending Component, Superior Kerosene Oil, and Motor Spirit to Bangladesh Petroleum Corporation. It derives generates revenue from only power generation.

Shahjibazar Power Co Headlines

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