Asset Turnover is linked to ROE % through Du Pont Formula. XJ International Holdings Co's annualizedROE % for the quarter that ended in Aug. 2024 was 8.70%. It is also linked to ROA % through Du Pont Formula. XJ International Holdings Co's annualizedROA % for the quarter that ended in Aug. 2024 was 3.51%.
XJ International Holdings Co Asset Turnover Historical 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.
Competitive Comparison of XJ International Holdings Co's Asset Turnover
For the Education & Training Services subindustry, XJ International 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.
XJ International Holdings Co's Asset Turnover Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, XJ International Holdings Co's Asset Turnover distribution charts can be found below:
* The bar in red indicates where XJ International Holdings Co's Asset Turnover falls into.
XJ International Holdings Co Asset Turnover Calculation
Asset Turnover measures how quickly a company turns over its asset through sales.
* 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.
XJ International Holdings Co (HKSE:01765) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
XJ International Holdings Co's annulizedROE % for the quarter that ended in Aug. 2024 is
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:
XJ International Holdings Co's annulizedROA % for the quarter that ended in Aug. 2024 is
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.
XJ International Holdings Co Asset Turnover Related Terms
Thank you for viewing the detailed overview of XJ International Holdings Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
XJ International Holdings Co Ltd formerly Hope Education Group Co Ltd is an investment holding company engaged in providing educational services. The company operates higher educational schools which include universities and junior colleges. Some of its colleges are Southwest Jiaotong University Hope Colleges, Business College of Guizhou University of Finance and Economics, Sichuan TOP IT Vocational Institute, and One Technical College among others. Its operating segments are the Domestic education which is the key revenue generating segment, Global education segment and others. The company generates its revenue from tuition fees, boarding fees, sales of books and daily necessities, and others.
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