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EUBG (Entrepreneur Universe Bright Group) Asset Turnover : 0.17 (As of Sep. 2024)


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What is Entrepreneur Universe Bright Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Entrepreneur Universe Bright Group's Revenue for the three months ended in Sep. 2024 was $1.67 Mil. Entrepreneur Universe Bright Group's Total Assets for the quarter that ended in Sep. 2024 was $9.99 Mil. Therefore, Entrepreneur Universe Bright Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Entrepreneur Universe Bright Group's annualized ROE % for the quarter that ended in Sep. 2024 was 30.90%. It is also linked to ROA % through Du Pont Formula. Entrepreneur Universe Bright Group's annualized ROA % for the quarter that ended in Sep. 2024 was 28.19%.


Entrepreneur Universe Bright Group Asset Turnover Historical Data

The historical data trend for Entrepreneur Universe Bright Group'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.

Entrepreneur Universe Bright Group Asset Turnover Chart

Entrepreneur Universe Bright Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
1.19 0.71 0.44 0.70

Entrepreneur Universe Bright Group Quarterly Data
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 0.19 0.17 0.12 0.12 0.17

Competitive Comparison of Entrepreneur Universe Bright Group's Asset Turnover

For the Consulting Services subindustry, Entrepreneur Universe Bright Group'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.


Entrepreneur Universe Bright Group's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Entrepreneur Universe Bright Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Entrepreneur Universe Bright Group's Asset Turnover falls into.


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Entrepreneur Universe Bright Group Asset Turnover Calculation

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

Entrepreneur Universe Bright Group's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6.239/( (7.774+10.163)/ 2 )
=6.239/8.9685
=0.70

Entrepreneur Universe Bright Group'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 )
=1.67/( (10.707+9.272)/ 2 )
=1.67/9.9895
=0.17

* 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.


Entrepreneur Universe Bright Group  (OTCPK:EUBG) Asset Turnover Explanation

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

Entrepreneur Universe Bright Group's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=2.816/9.1135
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.816 / 6.68)*(6.68 / 9.9895)*(9.9895/ 9.1135)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.16 %*0.6687*1.0961
=ROA %*Equity Multiplier
=28.19 %*1.0961
=30.90 %

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:

Entrepreneur Universe Bright Group's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=2.816/9.9895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.816 / 6.68)*(6.68 / 9.9895)
=Net Margin %*Asset Turnover
=42.16 %*0.6687
=28.19 %

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.


Entrepreneur Universe Bright Group Asset Turnover Related Terms

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Entrepreneur Universe Bright Group Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Weiyang Road, Suite 907, Saigao City Plaza Building 2, Xi’an, CHN
Entrepreneur Universe Bright Group is mainly engaged in provision of digital marketing consultation services and digital training related services in China. The company generates the majority of its revenues by providing consulting services to its clients.
Executives
Glory Honor Holding Co., Ltd 10 percent owner RM 907, ENTERPRISE HEADQUARTERS BLDG, BLDG 2, SAIGAO CITY PLAZA,170 WEIYANG RD, XI'AN F4 710000
Tethys Fountain Ltd. 10 percent owner 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Guolin Tao director, 10 percent owner, officer: CEO, CFO, SECRETARY 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Lijun Yuan director 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Jianyong Li director 2483 OLD MIDDLEFIELD WAY, STE 206, MOUNTAIN VIEW CA 9403-233
Dominique Einhorn director, 10 percent owner, officer: President
Michelle Quinlan 10 percent owner 8343 E EARLL DR, SCOTTSDALE AZ 85251