HWGG (HWGG Entertainment) Asset Turnover: 0.00 (As of Dec. 2018)


What is HWGG Entertainment Asset Turnover?

HWGG Entertainment HWGG Asset Turnover is 0.00 as of Dec. 2018.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HWGG Entertainment's Revenue for the three months ended in Dec. 2018 was $0.00 Mil. HWGG Entertainment's Total Assets for the quarter that ended in Dec. 2018 was $3.63 Mil. Therefore, HWGG Entertainment's Asset Turnover for the quarter that ended in Dec. 2018 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. HWGG Entertainment's annualized ROE % for the quarter that ended in Dec. 2018 was 86.89%. It is also linked to ROA % through Du Pont Formula. HWGG Entertainment's annualized ROA % for the quarter that ended in Dec. 2018 was -102.69%.

HWGG Entertainment  (OTCPK:HWGG) Asset Turnover Explanation

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

HWGG Entertainment's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-3.724/-4.286
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.724 / 0)*(0 / 3.6265)*(3.6265/ -4.286)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.8461
=ROA %*Equity Multiplier
=-102.69 %*-0.8461
=86.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (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:

HWGG Entertainment's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-3.724/3.6265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.724 / 0)*(0 / 3.6265)
=Net Margin %*Asset Turnover
= %*0
=-102.69 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (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.

HWGG Entertainment Asset Turnover Related Terms

HWGG Entertainment Asset Turnover Historical Data

* Premium members only.

The historical data trend for HWGG Entertainment'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.

HWGG Entertainment Asset Turnover Chart

HWGG Entertainment Annual Data
Trend Dec16 Dec17 Dec18
Asset Turnover
0.04 0.09 0.11

HWGG Entertainment Quarterly Data
Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec18
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 0.01 0.02 0.04 0.04 0.00

HWGG vs VSTO, BATRA: Asset Turnover Comparison

For the Travel Services subindustry, HWGG Entertainment'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.

HWGG Entertainment Asset Turnover vs Travel & Leisure Industry

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

* The bar in red indicates where HWGG Entertainment's Asset Turnover falls into.


HWGG Entertainment Asset Turnover Calculation

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

HWGG Entertainment'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 )
=0.389/( (3.621+3.75)/ 2 )
=0.389/3.6855
=0.11

HWGG Entertainment'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/( (3.503+3.75)/ 2 )
=0/3.6265
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
HWGG Entertainment (HWGG) has a Asset Turnover of 0.00 as of Dec. 2018. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on HWGG Entertainment and its competitors.
Is HWGG Entertainment's Asset Turnover too high?
HWGG Entertainment's current Asset Turnover is 0.00.
How does HWGG Entertainment's Asset Turnover compare to VSTO and BATRA?
HWGG Entertainment's Asset Turnover of 0.00 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on HWGG Entertainment and its competitors. HWGG Entertainment's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HWGG Entertainment stock overvalued right now?
HWGG Entertainment (HWGG) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For HWGG Entertainment (HWGG), the current Asset Turnover is 0.00 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HWGG Entertainment Business Description

Address No. 35, Jalan Maharajalela, Ground Floor, Wisma Ho Wah Genting, Kuala Lumpur, MYS, 50150
HWGG Entertainment Ltd through its subsidiary, is engaged in promoting entertainment membership, providing travel and tour, and entertainment packages and services via its mobile apps, and marketing services. It offers a travel membership that focuses on travel and entertainment around the world. The company offers services such as Twinstar Capital, Twinstar Leisure, Resorts World, Dream Cruise, Genting Taxi, HW Genting Club, and others.