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Universe Printshop Holdings (HKSE:08448) Asset Turnover : 0.00 (As of Sep. 2024)


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What is Universe Printshop 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. Universe Printshop Holdings's Revenue for the three months ended in Sep. 2024 was HK$0.00 Mil. Universe Printshop Holdings's Total Assets for the quarter that ended in Sep. 2024 was HK$92.60 Mil. Therefore, Universe Printshop Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

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


Universe Printshop Holdings Asset Turnover Historical Data

The historical data trend for Universe Printshop 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.

Universe Printshop Holdings Asset Turnover Chart

Universe Printshop Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.77 1.64 2.19 2.32 1.64

Universe Printshop Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 0.54 0.51 0.36 - -

Competitive Comparison of Universe Printshop Holdings's Asset Turnover

For the Specialty Business Services subindustry, Universe Printshop 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.


Universe Printshop Holdings's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Universe Printshop Holdings's Asset Turnover distribution charts can be found below:

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



Universe Printshop Holdings Asset Turnover Calculation

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

Universe Printshop Holdings's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=69.93/( (32.814+52.516)/ 2 )
=69.93/42.665
=1.64

Universe Printshop Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (52.516+132.686)/ 2 )
=0/92.601
=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.


Universe Printshop Holdings  (HKSE:08448) Asset Turnover Explanation

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

Universe Printshop Holdings's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0/8.866
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 92.601)*(92.601/ 8.866)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*10.4445
=ROA %*Equity Multiplier
=0.00 %*10.4445
=0.00 %

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

Universe Printshop Holdings's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=0/92.601
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 92.601)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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


Universe Printshop Holdings Asset Turnover Related Terms

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Universe Printshop Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 to 33 Cheung Tat Road, 2nd floor, Tsing Yi Industrial Center Phase 1, Tsing Yi, New Territories, Hong Kong, HKG
Universe Printshop Holdings Ltd is engaged in provision of general printing services and trading of printing products. Its services include offset printing, ink-jet printing, toner-based digital printing and Other printing related products It also provides services to the customers, which include the production of other printing-related products such as pre-ink stamps, plastic name cards, printed eco-bags, and printed plastic folders. It operates through four segments: Offset printing, Toner-based digital printing, Ink-jet printing, and Other printing-related products. The majority of its revenue comes from Offset printing. All of its revenue come from Hong Kong.
Executives
New Metro Inc. 2101 Beneficial owner
Chau Man Keung 2401 A concert party to an agreement to buy shares
Fung Chi Kuen 2202 Interest of your spouse
Hsu Ching Loi 2401 A concert party to an agreement to buy shares
Lam Shing Tai 2201 Interest of corporation controlled by you
Ng Lai Nga 2202 Interest of your spouse
Siu Man Yam 2202 Interest of your spouse

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