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Hutchison Whampoa (FRA:HUWH) Asset Turnover : 0.17 (As of Dec. 2014)


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What is Hutchison Whampoa Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hutchison Whampoa's Revenue for the six months ended in Dec. 2014 was €14,792 Mil. Hutchison Whampoa's Total Assets for the quarter that ended in Dec. 2014 was €86,949 Mil. Therefore, Hutchison Whampoa's Asset Turnover for the quarter that ended in Dec. 2014 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Hutchison Whampoa's annualized ROE % for the quarter that ended in Dec. 2014 was 20.17%. It is also linked to ROA % through Du Pont Formula. Hutchison Whampoa's annualized ROA % for the quarter that ended in Dec. 2014 was 10.71%.


Hutchison Whampoa Asset Turnover Historical Data

The historical data trend for Hutchison Whampoa'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.

Hutchison Whampoa Asset Turnover Chart

Hutchison Whampoa Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 - 0.32 0.31 0.34

Hutchison Whampoa Semi-Annual Data
Dec99 Dec04 Dec05 Dec06 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 0.16 0.15 0.16 0.16 0.17

Competitive Comparison of Hutchison Whampoa's Asset Turnover

For the Department Stores subindustry, Hutchison Whampoa'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.


Hutchison Whampoa's Asset Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Hutchison Whampoa's Asset Turnover falls into.



Hutchison Whampoa Asset Turnover Calculation

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

Hutchison Whampoa's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=28465.273/( (76782.235+92398.316)/ 2 )
=28465.273/84590.2755
=0.34

Hutchison Whampoa's Asset Turnover for the quarter that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Dec. 2014 ))/ count )
=14791.826/( (81499.685+92398.316)/ 2 )
=14791.826/86949.0005
=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.


Hutchison Whampoa  (FRA:HUWH) Asset Turnover Explanation

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

Hutchison Whampoa's annulized ROE % for the quarter that ended in Dec. 2014 is

ROE %**(Q: Dec. 2014 )
=Net Income/Total Stockholders Equity
=9314.98/46173.28
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9314.98 / 29583.652)*(29583.652 / 86949.0005)*(86949.0005/ 46173.28)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.49 %*0.3402*1.8831
=ROA %*Equity Multiplier
=10.71 %*1.8831
=20.17 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 2014) 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:

Hutchison Whampoa's annulized ROA % for the quarter that ended in Dec. 2014 is

ROA %(Q: Dec. 2014 )
=Net Income/Total Assets
=9314.98/86949.0005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9314.98 / 29583.652)*(29583.652 / 86949.0005)
=Net Margin %*Asset Turnover
=31.49 %*0.3402
=10.71 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2014) net income data. The Revenue data used here is two times the semi-annual (Dec. 2014) 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.


Hutchison Whampoa Asset Turnover Related Terms

Thank you for viewing the detailed overview of Hutchison Whampoa's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Hutchison Whampoa (FRA:HUWH) Business Description

Traded in Other Exchanges
N/A
Address
Hutchison Whampoa Ltd is a multinational conglomerate engaged in the development, innovation and technology in various sector. The Company has six businesses segments: ports and related services, property and hotels, retail, infrastructure, energy, and telecommunications. The Company holds interests in 52 ports comprising 278 operational berths in 26 countries, including container terminals operating in five of the 10 busiest container ports in the world. It also engages in mid-stream operations, river trade, cruise terminal operations and ports related logistics services. It develops and invests in real estate projects, ranging from landmark office buildings to luxury residential properties. It holds a rental property portfolio of approximately 14.0 million square feet of office, commercial, industrial and residential premises, primarily in Hong Kong, as well as interests in a number of joint-venture developments in Mainland China and selective overseas markets. The Company has over 10,500 retail stores in 25 markets worldwide. Its retail portfolio comprises health and beauty products, supermarkets, consumer electronics and electrical appliances. The Company's infrastructure business operates mainly in Hong Kong, the United Kingdom, the Netherlands, the Mainland, Australia, New Zealand and Canada. The Company's investments in energy are principally in Canada, the United States, the Mainland, Taiwan, Greenland and Indonesia. Husky Energy Inc is a listed Canadian-based integrated energy and energy related company. The Company is an operator of mobile telecommunication and data services, and a mobile broadband technology in the world. It is also an owner and operator of fibre-optic fixed line networks in Hong Kong.

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