GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Peking University Resources (Holdings) Co Ltd (HKSE:00618) » Definitions » Asset Turnover

Peking University Resources (Holdings) Co (HKSE:00618) Asset Turnover : 0.07 (As of Sep. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Peking University Resources (Holdings) Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Peking University Resources (Holdings) Co's Revenue for the six months ended in Sep. 2024 was HK$822 Mil. Peking University Resources (Holdings) Co's Total Assets for the quarter that ended in Sep. 2024 was HK$12,223 Mil. Therefore, Peking University Resources (Holdings) Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Peking University Resources (Holdings) Co's annualized ROE % for the quarter that ended in Sep. 2024 was -632.98%. It is also linked to ROA % through Du Pont Formula. Peking University Resources (Holdings) Co's annualized ROA % for the quarter that ended in Sep. 2024 was -22.80%.


Peking University Resources (Holdings) Co Asset Turnover Historical Data

The historical data trend for Peking University Resources (Holdings) Co'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.

Peking University Resources (Holdings) Co Asset Turnover Chart

Peking University Resources (Holdings) Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.59 0.24 0.20 0.12

Peking University Resources (Holdings) Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep22 Mar23 Sep23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.09 0.06 0.06 0.07

Competitive Comparison of Peking University Resources (Holdings) Co's Asset Turnover

For the Real Estate - Development subindustry, Peking University Resources (Holdings) 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.


Peking University Resources (Holdings) Co's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Peking University Resources (Holdings) Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Peking University Resources (Holdings) Co's Asset Turnover falls into.



Peking University Resources (Holdings) Co Asset Turnover Calculation

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

Peking University Resources (Holdings) Co's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=1565.341/( (14406.719+12517.396)/ 2 )
=1565.341/13462.0575
=0.12

Peking University Resources (Holdings) Co'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: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=821.941/( (12517.396+11929.339)/ 2 )
=821.941/12223.3675
=0.07

* 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.


Peking University Resources (Holdings) Co  (HKSE:00618) Asset Turnover Explanation

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

Peking University Resources (Holdings) Co's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-2787.158/440.3255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2787.158 / 1643.882)*(1643.882 / 12223.3675)*(12223.3675/ 440.3255)
=Net Margin %*Asset Turnover*Equity Multiplier
=-169.55 %*0.1345*27.7598
=ROA %*Equity Multiplier
=-22.80 %*27.7598
=-632.98 %

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

Peking University Resources (Holdings) Co's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-2787.158/12223.3675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2787.158 / 1643.882)*(1643.882 / 12223.3675)
=Net Margin %*Asset Turnover
=-169.55 %*0.1345
=-22.80 %

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


Peking University Resources (Holdings) Co Asset Turnover Related Terms

Thank you for viewing the detailed overview of Peking University Resources (Holdings) Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Peking University Resources (Holdings) Co Business Description

Traded in Other Exchanges
N/A
Address
262 Gloucester Road, Room 2303, 23rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
Peking University Resources (Holdings) Co Ltd along with its subsidiaries, collectively the Group, is engaged in real estate development and commercial real estate operations. The principal activity of the Company is investment holding. The company's four reportable segments are Medical and Pharmaceutical Retail, offering Chinese medicine and consultation services, E-commerce and Distribution, selling appliances online and distributing information products, Property Development, focused on selling properties and Property Investment and Management, handling property leasing and management. It earns the majority of the revenue from the Property development segment.
Executives
Wong Kai Ho
Wu Wenbo 2201 Interest of corporation controlled by you
Sleek Charm Pte. Ltd. 2101 Beneficial owner
Sleek Charm Limited 2201 Interest of corporation controlled by you
Sea Ray Investment Group Pte. Ltd. 2101 Beneficial owner
Rainbow Sail Investment Group Limited 2201 Interest of corporation controlled by you
Chen Mengyi 2201 Interest of corporation controlled by you
Ultra Founder International Ltd
Shun Lian Dong Man Ke Ji Xiang Gang You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Dong Shun Lian Dong Man Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Dong Guan Cheng Shi Ye Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Huang Zhuguang 2101 Beneficial owner
Wealth Elite Group Investment Limited
Hou Ruilin
Wang Guiwu

Peking University Resources (Holdings) Co Headlines

No Headlines