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China Maple Leaf Educational Systems (FRA:CML1) Asset Turnover : 0.09 (As of Aug. 2024)


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What is China Maple Leaf Educational Systems Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. China Maple Leaf Educational Systems's Revenue for the six months ended in Aug. 2024 was €72.4 Mil. China Maple Leaf Educational Systems's Total Assets for the quarter that ended in Aug. 2024 was €787.8 Mil. Therefore, China Maple Leaf Educational Systems's Asset Turnover for the quarter that ended in Aug. 2024 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. China Maple Leaf Educational Systems's annualized ROE % for the quarter that ended in Aug. 2024 was 7.64%. It is also linked to ROA % through Du Pont Formula. China Maple Leaf Educational Systems's annualized ROA % for the quarter that ended in Aug. 2024 was 1.86%.


China Maple Leaf Educational Systems Asset Turnover Historical Data

The historical data trend for China Maple Leaf Educational Systems'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.

China Maple Leaf Educational Systems Asset Turnover Chart

China Maple Leaf Educational Systems Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.10 0.15 0.17 0.20

China Maple Leaf Educational Systems Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.07 0.09 0.09 0.11 0.09

Competitive Comparison of China Maple Leaf Educational Systems's Asset Turnover

For the Education & Training Services subindustry, China Maple Leaf Educational Systems'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.


China Maple Leaf Educational Systems's Asset Turnover Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Maple Leaf Educational Systems's Asset Turnover distribution charts can be found below:

* The bar in red indicates where China Maple Leaf Educational Systems's Asset Turnover falls into.



China Maple Leaf Educational Systems Asset Turnover Calculation

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

China Maple Leaf Educational Systems's Asset Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2024 )/( (Total Assets (A: Aug. 2023 )+Total Assets (A: Aug. 2024 ))/ count )
=155.889/( (786.228+786.978)/ 2 )
=155.889/786.603
=0.20

China Maple Leaf Educational Systems's Asset Turnover for the quarter that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: Feb. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=72.392/( (788.662+786.978)/ 2 )
=72.392/787.82
=0.09

* 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.


China Maple Leaf Educational Systems  (FRA:CML1) Asset Turnover Explanation

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

China Maple Leaf Educational Systems's annulized ROE % for the quarter that ended in Aug. 2024 is

ROE %**(Q: Aug. 2024 )
=Net Income/Total Stockholders Equity
=14.656/191.818
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(14.656 / 144.784)*(144.784 / 787.82)*(787.82/ 191.818)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.12 %*0.1838*4.1071
=ROA %*Equity Multiplier
=1.86 %*4.1071
=7.64 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2024) net income data. The Revenue data used here is two times the semi-annual (Aug. 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:

China Maple Leaf Educational Systems's annulized ROA % for the quarter that ended in Aug. 2024 is

ROA %(Q: Aug. 2024 )
=Net Income/Total Assets
=14.656/787.82
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.656 / 144.784)*(144.784 / 787.82)
=Net Margin %*Asset Turnover
=10.12 %*0.1838
=1.86 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2024) net income data. The Revenue data used here is two times the semi-annual (Aug. 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.


China Maple Leaf Educational Systems Asset Turnover Related Terms

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China Maple Leaf Educational Systems Business Description

Traded in Other Exchanges
Address
No. 13, Baolong First Road, Baolong Street, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
China Maple Leaf Educational Systems Ltd provides one of China's private international school systems and has been a Chinese international school operator. Its Maple Leaf Systems and its secondary, middle, elementary, and foreign national schools have been accredited by Cognia, since 2017. The core component of business is a bilingual, dual-curriculum and dual-diploma high school education. It enables graduates of People's Republic of China, or PRC, and British Columbia, or BC, certified schools to receive both a fully accredited BC high school diploma and a PRC high school diploma. It operates all schools under the Maple Leaf brand. The company's reportable segment includes, PRC segment, and the Overseas segment which generates majority of the revenue of the company.

China Maple Leaf Educational Systems Headlines

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