GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Brogent Technologies Inc (ROCO:5263) » Definitions » Asset Turnover

Brogent Technologies (ROCO:5263) Asset Turnover : 0.05 (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Brogent Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brogent Technologies's Revenue for the three months ended in Jun. 2024 was NT$257.7 Mil. Brogent Technologies's Total Assets for the quarter that ended in Jun. 2024 was NT$5,309.3 Mil. Therefore, Brogent Technologies's Asset Turnover for the quarter that ended in Jun. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Brogent Technologies's annualized ROE % for the quarter that ended in Jun. 2024 was -2.78%. It is also linked to ROA % through Du Pont Formula. Brogent Technologies's annualized ROA % for the quarter that ended in Jun. 2024 was -1.76%.


Brogent Technologies Asset Turnover Historical Data

The historical data trend for Brogent Technologies'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.

Brogent Technologies Asset Turnover Chart

Brogent Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.21 0.16 0.17 0.17

Brogent Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only 0.04 0.05 0.05 0.04 0.05

Competitive Comparison of Brogent Technologies's Asset Turnover

For the Leisure subindustry, Brogent Technologies'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.


Brogent Technologies's Asset Turnover Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Brogent Technologies's Asset Turnover falls into.



Brogent Technologies Asset Turnover Calculation

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

Brogent Technologies's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=862.703/( (4951.373+5050.393)/ 2 )
=862.703/5000.883
=0.17

Brogent Technologies's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=257.745/( (5294.802+5323.814)/ 2 )
=257.745/5309.308
=0.05

* 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.


Brogent Technologies  (ROCO:5263) Asset Turnover Explanation

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

Brogent Technologies's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-93.476/3366.9315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-93.476 / 1030.98)*(1030.98 / 5309.308)*(5309.308/ 3366.9315)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.07 %*0.1942*1.5769
=ROA %*Equity Multiplier
=-1.76 %*1.5769
=-2.78 %

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

Brogent Technologies's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-93.476/5309.308
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-93.476 / 1030.98)*(1030.98 / 5309.308)
=Net Margin %*Asset Turnover
=-9.07 %*0.1942
=-1.76 %

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


Brogent Technologies Asset Turnover Related Terms

Thank you for viewing the detailed overview of Brogent Technologies's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Brogent Technologies Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Fuxing 4th Road, Qianzhen District, Kaohsiung, TWN, 806
Brogent Technologies Inc is engaged in the research, development, design, production, and sales of media-based attraction (MBA). The company mainly offers sales of simulator rides and its key components and peripheral products, embedded media software, streaming media, 3D dynamic simulation technology, internet interaction media, and multiple-monitor setups.. The products of the company includes i-Ride; m-Ride; d-Ride; v-Ride360; t-Ride; GestureMagic and Q-Ride. Geographically, the company derives a majority of its revenue from Asia and also has a presence in Europe; the United States, and other countries.

Brogent Technologies Headlines

No Headlines