Yuzhou Group Holdings Co (HKSE:01628) Asset Turnover

: 0.07 (As of Jun. 2022)

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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Yuzhou Group Holdings Co's Revenue for the six months ended in Jun. 2022 was HK$14,527 Mil. Yuzhou Group Holdings Co's Total Assets for the quarter that ended in Jun. 2022 was HK$206,624 Mil. Therefore, Yuzhou Group Holdings Co's Asset Turnover for the quarter that ended in Jun. 2022 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Yuzhou Group Holdings Co's annualized ROE % for the quarter that ended in Jun. 2022 was 0.45%. It is also linked to ROA % through Du Pont Formula. Yuzhou Group Holdings Co's annualized ROA % for the quarter that ended in Jun. 2022 was 0.07%.

Yuzhou Group Holdings Co Asset Turnover Historical Data

The historical data trend for Yuzhou Group 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.

Yuzhou Group Holdings Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Asset Turnover

0.30

0.25

0.18

0.07

0.16

Yuzhou Group Holdings Co Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Asset Turnover																0.01	0.05	0.07	0.09	0.07

Competitive Comparison

For the Real Estate - Development subindustry, Yuzhou Group 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.

Annual Data Quarterly Data

Yuzhou Group Holdings Co Asset Turnover Distribution

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

* The bar in red indicates where Yuzhou Group Holdings Co's Asset Turnover falls in comparison to its industry or sector. The grey bar indicates the Asset Turnover's extreme value range as defined by GuruFocus.

Yuzhou Group Holdings Co Asset Turnover Calculation

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

Yuzhou Group Holdings Co's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2021 )	/	( (Total Assets (A: Dec. 2020 )	+	Total Assets (A: Dec. 2021 ))	/ count )
=	33147.851186002	/	( (211241.8023425	+	213523.7312565)	/ 2 )
=	33147.851186002	/	212382.7667995
=	0.16

Yuzhou Group Holdings Co's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	14527.149359018	/	( (213523.7312565	+	199724.19186684)	/ 2 )
=	14527.149359018	/	206623.96156167
=	0.07

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.

Yuzhou Group Holdings Co (HKSE:01628) Asset Turnover Explanation

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

Yuzhou Group Holdings Co's annulized ROE % for the quarter that ended in Jun. 2022 is

	ROE %^**		(Q: Jun. 2022 )
=	Net Income	/	Total Stockholders Equity
=	138.51863678456	/	31047.598707823
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(138.51863678456 / 29054.298718037)	*	(29054.298718037 / 206623.96156167)	*	(206623.96156167/ 31047.598707823)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	0.48 %	*	0.1406	*	6.6551
=	ROA %	*	Equity Multiplier
=	0.07 %	*	6.6551
=	0.45 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) revenue data.

^** 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:

Yuzhou Group Holdings Co's annulized ROA % for the quarter that ended in Jun. 2022 is

	ROA %		(Q: Jun. 2022 )
=	Net Income	/	Total Assets
=	138.51863678456	/	206623.96156167
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(138.51863678456 / 29054.298718037)	*	(29054.298718037 / 206623.96156167)
=	Net Margin %	*	Asset Turnover
=	0.48 %	*	0.1406
=	0.07 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) revenue data.

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.

Yuzhou Group Holdings Co Asset Turnover Related Terms

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Yuzhou Group Holdings Co (HKSE:01628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yuzhou Group Holdings Co Ltd (HKSE:01628) » Definitions » Asset Turnover

Traded in Other Exchanges

YUZHF:USA

Address

299 Jingang Road, Yuzhou Plaza, Pudong New District, Shanghai, CHN

Website

http://www.yuzhou-group.com

Yuzhou Group Holdings Co Ltd is a property developer. The company is an integrated enterprise with diversified businesses, operating through five reportable segments. Property development, which engages in the development and sale of properties. Property investment, which invests in properties for rental income or capital appreciation. Property management, which provides property management services. Hotel operations, which engages in the operation of hotels. Others, which includes corporate income and expense items. The company generates all revenue from Mainland China.

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