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Xuan Wu Cloud Technology Holdings (HKSE:02392) Asset Turnover : 1.08 (As of Dec. 2023)


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What is Xuan Wu Cloud Technology 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. Xuan Wu Cloud Technology Holdings's Revenue for the six months ended in Dec. 2023 was HK$822 Mil. Xuan Wu Cloud Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$761 Mil. Therefore, Xuan Wu Cloud Technology Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 1.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Xuan Wu Cloud Technology Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -28.07%. It is also linked to ROA % through Du Pont Formula. Xuan Wu Cloud Technology Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -14.88%.


Xuan Wu Cloud Technology Holdings Asset Turnover Historical Data

The historical data trend for Xuan Wu Cloud Technology 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.

Xuan Wu Cloud Technology Holdings Asset Turnover Chart

Xuan Wu Cloud Technology Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 1.85 2.05 1.98 1.64 1.86

Xuan Wu Cloud Technology Holdings Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only 1.04 0.78 0.93 0.76 1.08

Competitive Comparison of Xuan Wu Cloud Technology Holdings's Asset Turnover

For the Software - Application subindustry, Xuan Wu Cloud Technology 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.


Xuan Wu Cloud Technology Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Xuan Wu Cloud Technology Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Xuan Wu Cloud Technology Holdings's Asset Turnover falls into.



Xuan Wu Cloud Technology Holdings Asset Turnover Calculation

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

Xuan Wu Cloud Technology 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 )
=1401.433/( (753.393+755.819)/ 2 )
=1401.433/754.606
=1.86

Xuan Wu Cloud Technology Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=821.77/( (767.063+755.819)/ 2 )
=821.77/761.441
=1.08

* 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.


Xuan Wu Cloud Technology Holdings  (HKSE:02392) Asset Turnover Explanation

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

Xuan Wu Cloud Technology Holdings's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-113.316/403.6345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-113.316 / 1643.54)*(1643.54 / 761.441)*(761.441/ 403.6345)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.89 %*2.1585*1.8865
=ROA %*Equity Multiplier
=-14.88 %*1.8865
=-28.07 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Xuan Wu Cloud Technology Holdings's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-113.316/761.441
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-113.316 / 1643.54)*(1643.54 / 761.441)
=Net Margin %*Asset Turnover
=-6.89 %*2.1585
=-14.88 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Xuan Wu Cloud Technology Holdings Asset Turnover Related Terms

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Xuan Wu Cloud Technology Holdings (HKSE:02392) Business Description

Traded in Other Exchanges
N/A
Address
38 Haizhou Road, Room 904, 9th Floor, Haizhu District, Guangdong Province, Guangzhou, CHN
Xuan Wu Cloud Technology Holdings Ltd is an intelligent CRM services provider, providing CRM PaaS services and CRM SaaS services to clients. its CRM PaaS services mainly provide cPaaS to encapsulate messaging communication capabilities of the three telecommunication network operators for the customers to be integrated into the customer's business systems, thereby enabling the customers to access and utilize the communication capabilities as a service, and CRM SaaS services comprise of marketing cloud, sales cloud, and service cloud, which enable the Group to provide the customer with one-stop intelligent CRM services throughout their entire business cycle, from initial marketing to aftersales services.
Executives
Song Xiaohu 2201 Interest of corporation controlled by you
Bao Ya Ji Tuan Kong Gu You Xian Gong Si 2101 Beneficial owner
Zheng Hao Huan Qiu Kong Gu You Xian Gong Si 2101 Beneficial owner
Chen Yonghui 2201 Interest of corporation controlled by you
Shanghai Fosun Capital Investment Management Co., Ltd.
Guang Zhou Xuan Dong Tou Zi You Xian He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shang Ying Huan Qiu You Xian Gong Si 2101 Beneficial owner
Hong Han Huan Qiu You Xian Gong Si 2101 Beneficial owner
Ge Ping 2501 Other
Shanghai Fosun Weishi Investment Management Co., Ltd.
Shanghai Fosun Industrial Investment Co., Ltd.
Shanghai Fosun High Technology (group) Co., Ltd.
Guo Guangchang
Fosun International Limited
Fosun International Holdings Ltd.

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