Asset Turnover is linked to ROE % through Du Pont Formula. Grand Power Logistics Group's annualizedROE % for the quarter that ended in Jun. 2024 was 0.00%. It is also linked to ROA % through Du Pont Formula. Grand Power Logistics Group's annualizedROA % for the quarter that ended in Jun. 2024 was 0.00%.
Grand Power Logistics Group Asset Turnover Historical 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.
Competitive Comparison of Grand Power Logistics Group's Asset Turnover
For the Integrated Freight & Logistics subindustry, Grand Power Logistics 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.
Grand Power Logistics Group's Asset Turnover Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Grand Power Logistics Group's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Grand Power Logistics Group'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.
Grand Power Logistics Group (HKSE:08489) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Grand Power Logistics Group's annulizedROE % for the quarter that ended in Jun. 2024 is
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:
Grand Power Logistics Group's annulizedROA % for the quarter that ended in Jun. 2024 is
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.
Grand Power Logistics Group Asset Turnover Related Terms
Thank you for viewing the detailed overview of Grand Power Logistics Group's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Grand Power Logistics Group Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of air-freight and ocean-freight forwarding services as an integrated logistics services provider, which involves arranging shipments upon receipt of booking instructions from its customers, obtaining cargo spaces from cargo space suppliers (including airlines, shipping liners and other freight forwarders) and preparing the relevant documentations (such as customs clearance from origin of consignment). Its business segments include Air freight forwarding services and Ocean freight forwarding services. It generates maximum revenue from the Air freight forwarding services segment. Its geographic segments are Europe, Asia, North America, and Others.
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