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JFIL (Jubilant Flame International) Asset Turnover : 0.00 (As of Nov. 2024)


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What is Jubilant Flame International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jubilant Flame International's Revenue for the three months ended in Nov. 2024 was $0.00 Mil. Jubilant Flame International's Total Assets for the quarter that ended in Nov. 2024 was $0.01 Mil. Therefore, Jubilant Flame International's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Jubilant Flame International's annualized ROE % for the quarter that ended in Nov. 2024 was 4.19%. It is also linked to ROA % through Du Pont Formula. Jubilant Flame International's annualized ROA % for the quarter that ended in Nov. 2024 was -509.09%.


Jubilant Flame International Asset Turnover Historical Data

The historical data trend for Jubilant Flame International'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.

Jubilant Flame International Asset Turnover Chart

Jubilant Flame International Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
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Jubilant Flame International Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Competitive Comparison of Jubilant Flame International's Asset Turnover

For the Specialty Business Services subindustry, Jubilant Flame International'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.


Jubilant Flame International's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jubilant Flame International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jubilant Flame International's Asset Turnover falls into.



Jubilant Flame International Asset Turnover Calculation

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

Jubilant Flame International's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=0/( (0.014+0.013)/ 2 )
=0/0.0135
=0.00

Jubilant Flame International's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=0/( (0.005+0.017)/ 2 )
=0/0.011
=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.


Jubilant Flame International  (OTCPK:JFIL) Asset Turnover Explanation

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

Jubilant Flame International's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-0.056/-1.336
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.056 / 0)*(0 / 0.011)*(0.011/ -1.336)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*-0.0082
=ROA %*Equity Multiplier
=-509.09 %*-0.0082
=4.19 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 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:

Jubilant Flame International's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-0.056/0.011
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.056 / 0)*(0 / 0.011)
=Net Margin %*Asset Turnover
= %*0
=-509.09 %

Note: The Net Income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 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.


Jubilant Flame International Asset Turnover Related Terms

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Jubilant Flame International Business Description

Traded in Other Exchanges
N/A
Address
Xin Long Road, Room 508, T1N Vi Park, 360, Shanghai, CHN, 201101
Jubilant Flame International Ltd is engaged in providing technical support services for the development of new nutrition materials and products to customers. The technical support focuses on a nutrition food series that is selling in the USA market. Currently, the nutrition food series include SEA-BUCKTHORN and Organic Sprouting Powder.
Executives
Brian Kai-ming Cheng director 16 TEMPEST DR., CHESTERFIELD MO 63017
Marinos Papazoglou director 2740 LAKE VALLEY DRIVE, COOKEVILLE TN 38506
Robert Ireland director, officer: Secretary/Treasurer 2 CHEMIN HALVERSON, LAC DES LOUPS A8 J0X3K0
Lei Wang director, officer: CFO 28010 MICHENER FALLS LN, KATY TX 77494
Kecheng Xu director, officer: Secretary/Treasurer ROOM 1402, NO. 3 BUILDING, BLOCK 69, SONGYUAN ROAD, SHANGHAI F4 200012

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