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Hunter Maritime Acquisition (Hunter Maritime Acquisition) Asset Turnover : 0.00 (As of Dec. 2018)


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What is Hunter Maritime Acquisition Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hunter Maritime Acquisition's Revenue for the six months ended in Dec. 2018 was $0.00 Mil. Hunter Maritime Acquisition's Total Assets for the quarter that ended in Dec. 2018 was $87.67 Mil. Therefore, Hunter Maritime Acquisition's Asset Turnover for the quarter that ended in Dec. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Hunter Maritime Acquisition's annualized ROE % for the quarter that ended in Dec. 2018 was -5.18%. It is also linked to ROA % through Du Pont Formula. Hunter Maritime Acquisition's annualized ROA % for the quarter that ended in Dec. 2018 was -4.99%.


Hunter Maritime Acquisition Asset Turnover Historical Data

The historical data trend for Hunter Maritime Acquisition'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.

Hunter Maritime Acquisition Asset Turnover Chart

Hunter Maritime Acquisition Annual Data
Trend Dec16 Dec17 Dec18
Asset Turnover
- - -

Hunter Maritime Acquisition Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Hunter Maritime Acquisition's Asset Turnover

For the Credit Services subindustry, Hunter Maritime Acquisition'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.


Hunter Maritime Acquisition's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hunter Maritime Acquisition's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hunter Maritime Acquisition's Asset Turnover falls into.



Hunter Maritime Acquisition Asset Turnover Calculation

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

Hunter Maritime Acquisition's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=0/( (152.732+22.218)/ 2 )
=0/87.475
=0.00

Hunter Maritime Acquisition's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=0/( (153.12+22.218)/ 2 )
=0/87.669
=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.


Hunter Maritime Acquisition  (OTCPK:HUNTF) Asset Turnover Explanation

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

Hunter Maritime Acquisition's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-4.378/84.5085
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.378 / 0)*(0 / 87.669)*(87.669/ 84.5085)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0374
=ROA %*Equity Multiplier
=-4.99 %*1.0374
=-5.18 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 2018) 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:

Hunter Maritime Acquisition's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-4.378/87.669
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.378 / 0)*(0 / 87.669)
=Net Margin %*Asset Turnover
= %*0
=-4.99 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) net income data. The Revenue data used here is two times the semi-annual (Dec. 2018) 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.


Hunter Maritime Acquisition Asset Turnover Related Terms

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Hunter Maritime Acquisition (Hunter Maritime Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
28 Xiaoyun Road, Tower A, WangXin Building, Chaoyang District, Beijing, CHN, 100027
Website
Hunter Maritime Acquisition Corp is a fintech company in China, primarily focused on connecting investors and borrowers, providing multi-scenario investment analysis to platform users to meet their diversified investment needs, and building an ecosystem in the field of internet finance. It also provide technical support for borrowers when they announce their financing needs. It operates an online marketplace under the brand name of Wangxin Puhui through its subsidiary Beijing Oriental. The company generate revenues primarily from transaction and service fees, and sales commission fees charged for the its services. It also charge investor service fees for using its smart matching tool or investment reservation tool.
Executives
Oxford Asset Management Llp 10 percent owner OXAM HOUSE, 6 GEORGE STREET, OXFORD X0 OX1 2BW
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6

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