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Nayuki Holdings (HKSE:02150) Asset Turnover : 0.36 (As of Jun. 2024)


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What is Nayuki Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nayuki Holdings's Revenue for the six months ended in Jun. 2024 was HK$2,739 Mil. Nayuki Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$7,684 Mil. Therefore, Nayuki Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. Nayuki Holdings's annualized ROE % for the quarter that ended in Jun. 2024 was -18.74%. It is also linked to ROA % through Du Pont Formula. Nayuki Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -12.19%.


Nayuki Holdings Asset Turnover Historical Data

The historical data trend for Nayuki Holdings'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.

Nayuki Holdings Asset Turnover Chart

Nayuki Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 1.17 0.82 0.57 0.71 0.71

Nayuki Holdings Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.36 0.35 0.36 0.37

Competitive Comparison of Nayuki Holdings's Asset Turnover

For the Restaurants subindustry, Nayuki Holdings'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.


Nayuki Holdings's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nayuki Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nayuki Holdings's Asset Turnover falls into.


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Nayuki Holdings Asset Turnover Calculation

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

Nayuki Holdings's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=5648.335/( (7749.665+8247.491)/ 2 )
=5648.335/7998.578
=0.71

Nayuki Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2739.106/( (8247.491+7121.295)/ 2 )
=2739.106/7684.393
=0.36

* 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.


Nayuki Holdings  (HKSE:02150) Asset Turnover Explanation

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

Nayuki Holdings's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-937.028/5001.3985
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-937.028 / 5478.212)*(5478.212 / 7684.393)*(7684.393/ 5001.3985)
=Net Margin %*Asset Turnover*Equity Multiplier
=-17.1 %*0.7129*1.5364
=ROA %*Equity Multiplier
=-12.19 %*1.5364
=-18.74 %

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

Nayuki Holdings's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-937.028/7684.393
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-937.028 / 5478.212)*(5478.212 / 7684.393)
=Net Margin %*Asset Turnover
=-17.1 %*0.7129
=-12.19 %

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


Nayuki Holdings Asset Turnover Related Terms

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Nayuki Holdings Business Description

Traded in Other Exchanges
N/A
Address
Huangguan Science Park, Tairan 9th Road, Zone F, 2nd Floor, Building 3, Chegongmiao Industrial Zone, Futian District, Guangdong Province, Shenzhen, CHN
Nayuki Holdings Ltd is a premium modern teahouse chain in China serving freshly-made tea drinks. The group principally generates its revenue from the sales of freshly-made tea drinks, baked goods, and other products through its operating teahouses and online food delivery applications mainly in the PRC.
Executives
Zhao Lin 2103 Interests held jointly with another person
Cantrust (far East) Limited 2301 Trustee
Linxin Group Limited 2101 Beneficial owner
Linxin International Limited 2201 Interest of corporation controlled by you
Peng Xin 2103 Interests held jointly with another person
Lin Xin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Shan Weijian 2201 Interest of corporation controlled by you
Shen Zhen Tian Tu Zi Ben Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Tian Tu Tou Zi Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Wang Yonghua 2201 Interest of corporation controlled by you
Zou Weiwei 2103 Interests held jointly with another person
Nong Xiuxia 2103 Interests held jointly with another person
Pacific Alliance Group Limited 2201 Interest of corporation controlled by you
Pag Asia Capital Gp Iii Limited 2201 Interest of corporation controlled by you
Pag Asia Iii Lp 2201 Interest of corporation controlled by you

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