Sunkwan Properties Group (FRA:5YQ) Asset Turnover: 0.03 (As of Jun. 2023)

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What is Sunkwan Properties Group Asset Turnover?

Sunkwan Properties Group FRA:5YQ Asset Turnover is 0.03 as of Jun. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sunkwan Properties Group's Revenue for the six months ended in Jun. 2023 was €117.6 Mil. Sunkwan Properties Group's Total Assets for the quarter that ended in Jun. 2023 was €4,359.2 Mil. Therefore, Sunkwan Properties Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Sunkwan Properties Group's annualized ROE % for the quarter that ended in Jun. 2023 was -203.45%. It is also linked to ROA % through Du Pont Formula. Sunkwan Properties Group's annualized ROA % for the quarter that ended in Jun. 2023 was -2.09%.


Sunkwan Properties Group  (FRA:5YQ) Asset Turnover Explanation

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

Sunkwan Properties Group's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=-91.19/44.8215
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-91.19 / 235.206)*(235.206 / 4359.203)*(4359.203/ 44.8215)
=Net Margin %*Asset Turnover*Equity Multiplier
=-38.77 %*0.054*97.257
=ROA %*Equity Multiplier
=-2.09 %*97.257
=-203.45 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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:

Sunkwan Properties Group's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=-91.19/4359.203
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-91.19 / 235.206)*(235.206 / 4359.203)
=Net Margin %*Asset Turnover
=-38.77 %*0.054
=-2.09 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (Jun. 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.


Sunkwan Properties Group Asset Turnover Related Terms


Sunkwan Properties Group Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sunkwan Properties 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.

Sunkwan Properties Group Asset Turnover Chart

Sunkwan Properties Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 0.39 0.34 0.29 0.25 0.08

Sunkwan Properties Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.17 0.01 0.07 0.03

Sunkwan Properties Group Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, Sunkwan Properties 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.


Sunkwan Properties Group Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunkwan Properties Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sunkwan Properties Group's Asset Turnover falls into.



Sunkwan Properties Group Asset Turnover Calculation

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

Sunkwan Properties Group'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 )
=410.835/( (5610.092+4483.074)/ 2 )
=410.835/5046.583
=0.08

Sunkwan Properties Group's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=117.603/( (4483.074+4235.332)/ 2 )
=117.603/4359.203
=0.03

* 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 0.03 mean?
Sunkwan Properties Group (FRA:5YQ) has a Asset Turnover of 0.03 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sunkwan Properties Group and its competitors.
Is Sunkwan Properties Group's Asset Turnover too high?
Sunkwan Properties Group's current Asset Turnover is 0.03.
How does Sunkwan Properties Group's Asset Turnover compare to competitors?
Sunkwan Properties Group's Asset Turnover of 0.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 Sunkwan Properties Group and its competitors. Sunkwan Properties Group's current Asset Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunkwan Properties Group stock overvalued right now?
Sunkwan Properties Group (FRA:5YQ) has a current Asset Turnover of 0.03. The current Asset Turnover is 0.03. 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 Sunkwan Properties Group (FRA:5YQ), the current Asset Turnover is 0.03 as of Jun. 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.

Sunkwan Properties Group Business Description

Address No.77, Sunkwan Road, Building T1, Sunkwan Cente, Minhang District, Shanghai, CHN
Sunkwan Properties Group Ltd is engaged in the residential property development and sales. It focuses on the Yangtze River Delta Economic Zone and expanding to the Pearl River Delta Economic Zone and the Mid-China Core Economic Region.