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Boltek Holdings (HKSE:08601) Asset Turnover : 0.00 (As of Jun. 2024)


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What is Boltek 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. Boltek Holdings's Revenue for the three months ended in Jun. 2024 was HK$0.0 Mil. Boltek Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$187.2 Mil. Therefore, Boltek 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. Boltek 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. Boltek Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%.


Boltek Holdings Asset Turnover Historical Data

The historical data trend for Boltek 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.

Boltek Holdings Asset Turnover Chart

Boltek Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.77 0.73 0.72 0.72 0.84

Boltek 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 0.17 0.19 0.19 0.27 -

Competitive Comparison of Boltek Holdings's Asset Turnover

For the Engineering & Construction subindustry, Boltek 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.


Boltek Holdings's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Boltek Holdings's Asset Turnover distribution charts can be found below:

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


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Boltek Holdings Asset Turnover Calculation

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

Boltek 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 )
=170.406/( (220.338+186.136)/ 2 )
=170.406/203.237
=0.84

Boltek 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/( (186.136+188.252)/ 2 )
=0/187.194
=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.


Boltek Holdings  (HKSE:08601) Asset Turnover Explanation

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

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

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0/159.128
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 187.194)*(187.194/ 159.128)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.1764
=ROA %*Equity Multiplier
=0.00 %*1.1764
=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:

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

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=0/187.194
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 187.194)
=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.


Boltek Holdings Asset Turnover Related Terms

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Boltek Holdings Business Description

Traded in Other Exchanges
N/A
Address
46-48 Hillwood Road, 5th Floor, Winning Commercial Building, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Boltek Holdings Ltd is a Hong Kong-based company that provides engineering consultancy services. The company's primary business activity is investment holding, and it operates in the business of provision of engineering design, landscape architecture, and consultancy services as a single operating segment. The Company recognized revenue and cost from the provision of engineering design, landscape architecture, and consultancy services. All of the company's activities take place within Hong Kong.
Executives
Cheung Kwan Tar 2201 Interest of corporation controlled by you
Waywin Investment Holding Limited 2101 Beneficial owner
Chiu Chui Ping 2202 Interest of your spouse
Polar Lights Ltd 2101 Beneficial owner
Twinkle Galaxy Ltd 2101 Beneficial owner
Cheng Chi Heng 2101 Beneficial owner
Lam Kwan Yuen 2201 Interest of corporation controlled by you
Lam Mi Yung 2202 Interest of your spouse
Qiu Jianlian 2202 Interest of your spouse
Wong Che Shing 2201 Interest of corporation controlled by you

Boltek Holdings Headlines

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