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Image Chain Group (Image Chain Group) Asset Turnover : 0.00 (As of Sep. 2022)


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What is Image Chain Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Image Chain Group's Revenue for the three months ended in Sep. 2022 was $0.00 Mil. Image Chain Group's Total Assets for the quarter that ended in Sep. 2022 was $0.00 Mil. Therefore, Image Chain Group's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Image Chain Group's annualized ROE % for the quarter that ended in Sep. 2022 was 23.77%. It is also linked to ROA % through Du Pont Formula. Image Chain Group's annualized ROA % for the quarter that ended in Sep. 2022 was %.


Image Chain Group Asset Turnover Historical Data

The historical data trend for Image Chain Group'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.

Image Chain Group Asset Turnover Chart

Image Chain Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
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Image Chain Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Image Chain Group's Asset Turnover

For the Farm Products subindustry, Image Chain 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.


Image Chain Group's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Image Chain Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Image Chain Group's Asset Turnover falls into.



Image Chain Group Asset Turnover Calculation

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

Image Chain Group's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0/( (0+0.024)/ 1 )
=0/0.024
=0.00

Image Chain Group's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0/( (0+0)/ 1 )
=0/0
=

* 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.


Image Chain Group  (OTCPK:ICGL) Asset Turnover Explanation

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

Image Chain Group's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-0.2/-0.8415
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.2 / 0)*(0 / 0)*(0/ -0.8415)
=Net Margin %*Asset Turnover*Equity Multiplier
= %**0
=ROA %*Equity Multiplier
= %*0
=23.77 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Image Chain Group's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-0.2/0
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.2 / 0)*(0 / 0)
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Image Chain Group Asset Turnover Related Terms

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Image Chain Group (Image Chain Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, 6-1, 6-2, Jalan BS 10/6, Taman Bukit Serdang, Seri Kembangan, SGR, MYS, 43300
Image Chain Group Ltd Inc is seeking to develop business in healthy Halal food.
Executives
Chee Foong Chean officer: COO NO.3 JALAN 25/119, JALAN DATO HJ HARUN, TAMAN TAYNTON VIEW, KUALA LUMPUR N8 56000
Seng Yip Yong director L..5.3A, BLOCK L, SOLARIS MONT KIARA, JALAN SOLARIS, KUALA LUMPUR N8 50480
Kah Szen Chiea officer: CEO L.5.3A,5TH FLR,BLOCK L,, MONT KIARA, JALAN SOLARIS, KUALA LUMPUR N8 50480
Mingguang Li 10 percent owner RM 503 5/F, NEW EAST OCEAN CENTRE, 9 SCIENCE MUSEUM ROAD, TSIM SHA TSUI EAST K3 00000
Peng Qiu 10 percent owner RM 503 5/F, NEW EAST OCEAN CENTRE, 9 SCIENCE MUSEUM ROAD, TSIM SHA TSUI EAST K3 00000
Tam Ka Kit Jonathan officer: Chief Financial Officer ROOM 503, 5F, NEW EAST OCEAN CENTRE, 9 SCIENCE MUSEUM ROAD, KOWLOON K3 00000
Po David director, officer: President/CEO/Secretary ROOM 503, 5/F, NEW EAST OCEAN CENTRE, 9 SCIENCE MUSEUM ROAD, KOWLOON K3 00000
Kevin Lai director ROOM 503, 5/F, NEW EAST OCEAN CENTRE, 9 SCIENCE MUSEUM ROAD, KOWLOON K3 00000
Image Industrial Development Ltd. 10 percent owner RM C, 15/F, FULL WIN COMM CTR, 573 NATHAN RD., MONGKOK, KLN HONG KONG F4 00000
Yang Yuan Sheng 10 percent owner ROOM 804, JINGXI ROAD BAIYUN QU, GUANGZHOU F4 00000
Wilkie Wu Yu Gu director, officer: President FLAT/RM C, FULL WIN COMMERCIAL CENTRE., 573 NATHAN ROAD, KOWLOON, HONG KONG F4 00000

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