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Link Holdings (HKSE:08237) Asset Turnover : 0.00 (As of Jun. 2024)


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What is Link 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. Link Holdings's Revenue for the three months ended in Jun. 2024 was HK$0.00 Mil. Link Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$596.71 Mil. Therefore, Link Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

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


Link Holdings Asset Turnover Historical Data

The historical data trend for Link 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.

Link Holdings Asset Turnover Chart

Link Holdings 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 0.06 0.07 0.07 0.05 0.10

Link Holdings 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 0.02 0.02 0.03 0.03 -

Competitive Comparison of Link Holdings's Asset Turnover

For the Lodging subindustry, Link 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.


Link Holdings's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Link Holdings's Asset Turnover distribution charts can be found below:

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


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Link Holdings Asset Turnover Calculation

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

Link 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 )
=58.332/( (617.286+616.943)/ 2 )
=58.332/617.1145
=0.09

Link 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 )
=0/( (616.943+576.469)/ 2 )
=0/596.706
=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.


Link Holdings  (HKSE:08237) Asset Turnover Explanation

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

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

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0/47.127
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 596.706)*(596.706/ 47.127)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*12.6617
=ROA %*Equity Multiplier
=0.00 %*12.6617
=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:

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

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=0/596.706
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 596.706)
=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.


Link Holdings Asset Turnover Related Terms

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


Link Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 168-200 Connaught Road Central, Room 3503, 35th Floor, West Tower of Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Link Holdings Ltd is an investment holding company. It is engaged in the operation of hotel services and property investment in the Southeast Asia region. The company's reportable segments are; Operation of hotel business in Singapore, Indonesia and Japan, and the Distressed debt asset management in the PRC. The majority of the company's revenue is generated from Singapore.
Executives
Yuen Lai Him 2201 Interest of corporation controlled by you
Ace Kingdom Enterprises Corporation 2401 A concert party to an agreement to buy shares
Billion Supreme Holdings Limited 2401 A concert party to an agreement to buy shares
Boomerang Investment Limited 2501 Other
Kwok Yi Chit 2501 Other
Lam Wing Yu 2202 Interest of your spouse
Wong Chun Hung Hanson 2201 Interest of corporation controlled by you
Lui Tin Shun 2201 Interest of corporation controlled by you
Hui Ngan 2201 Interest of corporation controlled by you
Yuan Tianfu 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Ng Meng Chit 2101 Beneficial owner
Ng Sam Meng 2101 Beneficial owner
China Minsheng Investment Group Corp., Ltd. 2201 Interest of corporation controlled by you

Link Holdings Headlines

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