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Future Data Group (HKSE:08229) Asset Turnover : 0.00 (As of Jun. 2024)


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What is Future Data Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Future Data Group's Revenue for the three months ended in Jun. 2024 was HK$0.0 Mil. Future Data Group's Total Assets for the quarter that ended in Jun. 2024 was HK$264.6 Mil. Therefore, Future Data Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Future Data Group's annualized ROE % for the quarter that ended in Jun. 2024 was 0.00%. It is also linked to ROA % through Du Pont Formula. Future Data Group's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%.


Future Data Group Asset Turnover Historical Data

The historical data trend for Future Data Group'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.

Future Data Group Asset Turnover Chart

Future Data Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 2.26 2.20 1.78 1.57

Future Data Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 0.20 0.47 0.36 0.64 -

Competitive Comparison of Future Data Group's Asset Turnover

For the Information Technology Services subindustry, Future Data Group'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.


Future Data Group's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Future Data Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Future Data Group's Asset Turnover falls into.



Future Data Group Asset Turnover Calculation

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

Future Data Group'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 )
=482.008/( (340.234+275.919)/ 2 )
=482.008/308.0765
=1.56

Future Data Group'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 )
=0/( (275.919+253.213)/ 2 )
=0/264.566
=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.


Future Data Group  (HKSE:08229) Asset Turnover Explanation

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

Future Data Group's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0/177.18
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 264.566)*(264.566/ 177.18)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4932
=ROA %*Equity Multiplier
=0.00 %*1.4932
=0.00 %

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

Future Data Group's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=0/264.566
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 264.566)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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


Future Data Group Asset Turnover Related Terms

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


Future Data Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Harbour Road, Room 1703, 17th floor Office Tower, Wan Chai, Hong Kong, HKG
Future Data Group Ltd is engaged in the provision of integration of systems with network connectivity, cloud computing and security elements, maintenance services, and cyber security services in Korea and Hong Kong. It operates in three segments System integration, Maintenance services, and Cyber security services with the majority of revenue being derived from the System integration segment. It operates in Hong Kong and Korea with the majority of its revenue coming from Korea.
Executives
Tao Guolin 2101 Beneficial owner
Tao Hongxia 2201 Interest of corporation controlled by you
Variant Wealth Investment Development Limited 2101 Beneficial owner
Gorgeous Real Investment Holding Limited 2101 Beneficial owner
Han Lerong 2202 Interest of your spouse
Tao Hongxia 2201 Interest of corporation controlled by you
Han Lerong 2202 Interest of your spouse
Tang Marilyn 2202 Interest of your spouse
Tao Jian 2101 Beneficial owner
Asia Media Systems Pte. Ltd. 2201 Interest of corporation controlled by you
Suh Seung Hyun 2201 Interest of corporation controlled by you
Suh Kim Seong Ock 2202 Interest of your spouse
Shin Hee Kum 2202 Interest of your spouse
Phung Nhuong Giang 2201 Interest of corporation controlled by you
Park Hyeoung Jin 2201 Interest of corporation controlled by you

Future Data Group Headlines

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