ECXJ (CXJ Group Co) Asset Turnover: 0.61 (As of Feb. 2011)

What is CXJ Group Co Asset Turnover?

CXJ Group Co ECXJ -16.67% Asset Turnover is 0.61 as of Feb. 2011.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CXJ Group Co's Revenue for the three months ended in Feb. 2011 was $1.56 Mil. CXJ Group Co's Total Assets for the quarter that ended in Feb. 2011 was $2.57 Mil. Therefore, CXJ Group Co's Asset Turnover for the quarter that ended in Feb. 2011 was 0.61.

Asset Turnover is linked to ROE % through Du Pont Formula. CXJ Group Co's annualized ROE % for the quarter that ended in Feb. 2011 was 144.86%. It is also linked to ROA % through Du Pont Formula. CXJ Group Co's annualized ROA % for the quarter that ended in Feb. 2011 was -30.93%.

CXJ Group Co (OTCPK:ECXJ) Asset Turnover Explanation

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

CXJ Group Co's annulized ROE % for the quarter that ended in Feb. 2011 is

	ROE %^**		(Q: Feb. 2011 )
=	Net Income	/	Total Stockholders Equity
=	-0.796	/	-0.5495
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.796 / 6.244)	*	(6.244 / 2.5735)	*	(2.5735/ -0.5495)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-12.75 %	*	2.4263	*	-4.6833
=	ROA %	*	Equity Multiplier
=	-30.93 %	*	-4.6833
=	144.86 %

Note: The Net Income data used here is four times the quarterly (Feb. 2011) net income data. The Revenue data used here is four times the quarterly (Feb. 2011) 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:

CXJ Group Co's annulized ROA % for the quarter that ended in Feb. 2011 is

	ROA %		(Q: Feb. 2011 )
=	Net Income	/	Total Assets
=	-0.796	/	2.5735
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-0.796 / 6.244)	*	(6.244 / 2.5735)
=	Net Margin %	*	Asset Turnover
=	-12.75 %	*	2.4263
=	-30.93 %

Note: The Net Income data used here is four times the quarterly (Feb. 2011) net income data. The Revenue data used here is four times the quarterly (Feb. 2011) revenue data.

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.

CXJ Group Co Asset Turnover Related Terms

CXJ Group Co Asset Turnover Historical Data

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The historical data trend for CXJ Group Co's Asset Turnover can be seen below:

CXJ Group Co Asset Turnover Chart

CXJ Group Co Annual Data

Trend

May03

May04

May05

May06

May07

May08

May09

May10

Asset Turnover

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1.11

1.82

0.48

0.59

2.97

CXJ Group Co Quarterly Data
	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Asset Turnover	Get a 7-Day Free Trial															0.53	0.68	0.72	0.74	0.61

ECXJ vs HAS, POOL, PTON: Asset Turnover Comparison

For the Specialty Retail subindustry, CXJ Group 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.

CXJ Group Co Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CXJ Group Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where CXJ Group Co's Asset Turnover falls into.

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CXJ Group Co Asset Turnover Calculation

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

CXJ Group Co's Asset Turnover for the fiscal year that ended in May. 2010 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: May. 2010 )	/	( (Total Assets (A: May. 2009 )	+	Total Assets (A: May. 2010 ))	/ count )
=	11.308	/	( (5.168	+	2.452)	/ 2 )
=	11.308	/	3.81
=	2.97

CXJ Group Co's Asset Turnover for the quarter that ended in Feb. 2011 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Feb. 2011 )	/	( (Total Assets (Q: Nov. 2010 )	+	Total Assets (Q: Feb. 2011 ))	/ count )
=	1.561	/	( (2.499	+	2.648)	/ 2 )
=	1.561	/	2.5735
=	0.61

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 0.61 mean?

CXJ Group Co (ECXJ) has a Asset Turnover of 0.61 as of Feb. 2011. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on CXJ Group Co and its competitors.

Is CXJ Group Co's Asset Turnover too high?

CXJ Group Co's current Asset Turnover is 0.61.

How does CXJ Group Co's Asset Turnover compare to HAS and POOL?

CXJ Group Co's Asset Turnover of 0.61 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?

A good Asset Turnover depends on the Retail - Cyclical 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 CXJ Group Co and its competitors. CXJ Group Co's current Asset Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CXJ Group Co stock overvalued right now?

CXJ Group Co (ECXJ) has a current Asset Turnover of 0.61. The current Asset Turnover is 0.61. 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 CXJ Group Co (ECXJ), the current Asset Turnover is 0.61 as of Feb. 2011. 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.

CXJ Group Co Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSE:4661 LSE:CCL HKSE:02020 TSE:7309 TSE:7832 HAS TSE:7951 POOL PTON HKSE:02331 PLNT SZSE:300144 TSE:7731 BC MAT SIX FUN TSE:8111 TSX:TOY TSE:7458

Address Xintiandi Business Center, No. 7 Anqiaogang Road, Room 401, 4th Floor, East Block Building 5, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310017

Website http://www.ecxj.net

CXJ Group Co Ltd is engaged in the wholesale of automobile aftermarket products and provision of auto detailing store consultancy services. It operates through sales of automobile aftermarket products, authorization fees on its brand name Chejiangling / Teenage Hero Car, and consultancy services for auto detailing stores, including professional training, store standardization, employee training, and ERP system services for information management and operations. Its segments include Brand Name Management Fees and Services, which generate maximum revenue by providing the brand name Chejiangling / Teenage Hero Car to customers, who are authorized to operate their workshops under the Chejiangling / Teenage Hero Car brand name; Motor Oil & Auto Parts; and Exhaust Gas Cleaner and Others.