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Chagala Group (LSE:CHGG) Asset Turnover : 0.10 (As of Jun. 2018)


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What is Chagala 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. Chagala Group's Revenue for the six months ended in Jun. 2018 was $8.34 Mil. Chagala Group's Total Assets for the quarter that ended in Jun. 2018 was $85.92 Mil. Therefore, Chagala Group's Asset Turnover for the quarter that ended in Jun. 2018 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Chagala Group's annualized ROE % for the quarter that ended in Jun. 2018 was -0.40%. It is also linked to ROA % through Du Pont Formula. Chagala Group's annualized ROA % for the quarter that ended in Jun. 2018 was -0.29%.


Chagala Group Asset Turnover Historical Data

The historical data trend for Chagala 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.

Chagala Group Asset Turnover Chart

Chagala Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.21 0.22 0.22 0.21

Chagala Group Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.11 0.11 0.10 0.11 0.10

Competitive Comparison of Chagala Group's Asset Turnover

For the Real Estate - Development subindustry, Chagala 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.


Chagala Group's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Chagala Group's Asset Turnover distribution charts can be found below:

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



Chagala Group Asset Turnover Calculation

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

Chagala Group's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=19.107/( (92.074+87.701)/ 2 )
=19.107/89.8875
=0.21

Chagala Group's Asset Turnover for the quarter that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=8.343/( (87.701+84.14)/ 2 )
=8.343/85.9205
=0.10

* 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.


Chagala Group  (LSE:CHGG) Asset Turnover Explanation

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

Chagala Group's annulized ROE % for the quarter that ended in Jun. 2018 is

ROE %**(Q: Jun. 2018 )
=Net Income/Total Stockholders Equity
=-0.252/63.442
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.252 / 16.686)*(16.686 / 85.9205)*(85.9205/ 63.442)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.51 %*0.1942*1.3543
=ROA %*Equity Multiplier
=-0.29 %*1.3543
=-0.40 %

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

Chagala Group's annulized ROA % for the quarter that ended in Jun. 2018 is

ROA %(Q: Jun. 2018 )
=Net Income/Total Assets
=-0.252/85.9205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.252 / 16.686)*(16.686 / 85.9205)
=Net Margin %*Asset Turnover
=-1.51 %*0.1942
=-0.29 %

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


Chagala Group Asset Turnover Related Terms

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Chagala Group (LSE:CHGG) Business Description

Traded in Other Exchanges
N/A
Address
44 Wyndham Street Central, Wyndham Place, 26th Floor, Hong Kong, HKG
Chagala Group Ltd is a service and facility provider to the oil and gas industry. Business activity of the group is functioned through Room and Rent Operations, and Food and Beverages Operations segments. The company provides residential and business accommodation, associated catering, leisure, transport, warehousing, and logistics support to companies involved in extracting oil and gas from Kazakhstan's Caspian region. Chagala derives most of the revenue from Room and Rent Operations segment and rest from the other.