GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Amasse Capital Holdings Ltd (HKSE:08168) » Definitions » Asset Turnover

Amasse Capital Holdings (HKSE:08168) Asset Turnover : 0.00 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Amasse Capital 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. Amasse Capital Holdings's Revenue for the three months ended in Mar. 2024 was HK$0.00 Mil. Amasse Capital Holdings's Total Assets for the quarter that ended in Mar. 2024 was HK$34.15 Mil. Therefore, Amasse Capital Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Amasse Capital Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was 0.00%. It is also linked to ROA % through Du Pont Formula. Amasse Capital Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was 0.00%.


Amasse Capital Holdings Asset Turnover Historical Data

The historical data trend for Amasse Capital 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.

Amasse Capital Holdings Asset Turnover Chart

Amasse Capital Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.22 0.34 0.12 0.20 0.33

Amasse Capital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.07 0.05 0.18 -

Competitive Comparison of Amasse Capital Holdings's Asset Turnover

For the Capital Markets subindustry, Amasse Capital 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.


Amasse Capital Holdings's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Amasse Capital Holdings's Asset Turnover distribution charts can be found below:

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



Amasse Capital Holdings Asset Turnover Calculation

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

Amasse Capital Holdings's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=12.342/( (34.158+39.648)/ 2 )
=12.342/36.903
=0.33

Amasse Capital Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (39.648+28.647)/ 2 )
=0/34.1475
=0.00

* 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.


Amasse Capital Holdings  (HKSE:08168) Asset Turnover Explanation

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

Amasse Capital Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=0/29.0115
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 34.1475)*(34.1475/ 29.0115)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.177
=ROA %*Equity Multiplier
=0.00 %*1.177
=0.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

Amasse Capital Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=0/34.1475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 34.1475)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Amasse Capital Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of Amasse Capital Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Amasse Capital Holdings Business Description

Traded in Other Exchanges
N/A
Address
48-52 Des Voeux Road Central, Room 1201, 12th Floor, Prosperous Building, Hong Kong, HKG
Amasse Capital Holdings Ltd provides financial advisory and Investment advisory services related to acquisitions and disposals, takeovers, corporate exercises, equity and debt fund raisings, Transfers of Listing, and general corporate finance advisory. The firm derives revenue solely from Hong Kong.
Executives
Luo Lei 2101 Beneficial owner
Access Cheer Limited 2101 Beneficial owner
Lam Ting Lok 2202 Interest of your spouse
Tse Fung Sum Flora 2201 Interest of corporation controlled by you
Build Rise Capital Group Limited 2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited 2101 Beneficial owner
Ma Fai 2201 Interest of corporation controlled by you
Jason Chan Wa Chiang 2101 Beneficial owner

Amasse Capital Holdings Headlines

No Headlines