Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wuhan Youji Holdings's Revenue for the
six
months ended in Dec. 2024 was HK$1,744 Mil. Wuhan Youji Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$2,530 Mil. Therefore, Wuhan Youji Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.69.
Asset Turnover is linked to ROE % through Du Pont Formula. Wuhan Youji Holdings's annualizedROE % for the quarter that ended in Dec. 2024 was 22.68%. It is also linked to ROA % through Du Pont Formula. Wuhan Youji Holdings's annualizedROA % for the quarter that ended in Dec. 2024 was 6.33%.
Wuhan Youji Holdings Asset Turnover Historical Data
The historical data trend for Wuhan Youji 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.
Competitive Comparison of Wuhan Youji Holdings's Asset Turnover
For the Chemicals subindustry, Wuhan Youji 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.
Wuhan Youji Holdings's Asset Turnover Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Wuhan Youji Holdings's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Wuhan Youji Holdings's Asset Turnover falls into.
* 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.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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:
Wuhan Youji Holdings's annulizedROA % for the quarter that ended in Dec. 2024 is
Note:
The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (Dec. 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.
Wuhan Youji Holdings Asset Turnover Related Terms
Thank you for viewing the detailed overview of Wuhan Youji Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Wuhan Youji Holdings Ltd is a toluene derivative products provider in the PRC. It is focusing on the manufacture of toluene oxidation and chlorination products, benzoic acid ammonification products and other fine chemical products through organic synthesis process. Toluene derivative products are primarily used for food preservatives, household chemicals, animal feed acidifier and synthetic intermediates for agrochemical and pharmaceutical uses. It sells its products in over 70 countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:02881 has been successfully added to your