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DuoGenic StemCells (ROCO:7607) Asset Turnover : 0.07 (As of Jun. 2024)


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What is DuoGenic StemCells Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DuoGenic StemCells's Revenue for the six months ended in Jun. 2024 was NT$5.09 Mil. DuoGenic StemCells's Total Assets for the quarter that ended in Jun. 2024 was NT$76.89 Mil. Therefore, DuoGenic StemCells's Asset Turnover for the quarter that ended in Jun. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. DuoGenic StemCells's annualized ROE % for the quarter that ended in Jun. 2024 was -103.73%. It is also linked to ROA % through Du Pont Formula. DuoGenic StemCells's annualized ROA % for the quarter that ended in Jun. 2024 was -84.00%.


DuoGenic StemCells Asset Turnover Historical Data

The historical data trend for DuoGenic StemCells'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.

DuoGenic StemCells Asset Turnover Chart

DuoGenic StemCells Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
0.03 0.09 0.16

DuoGenic StemCells Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial 0.03 0.06 0.08 0.06 0.07

Competitive Comparison of DuoGenic StemCells's Asset Turnover

For the Biotechnology subindustry, DuoGenic StemCells'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.


DuoGenic StemCells's Asset Turnover Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, DuoGenic StemCells's Asset Turnover distribution charts can be found below:

* The bar in red indicates where DuoGenic StemCells's Asset Turnover falls into.


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DuoGenic StemCells Asset Turnover Calculation

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

DuoGenic StemCells'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 )
=13.667/( (82.24+94.002)/ 2 )
=13.667/88.121
=0.16

DuoGenic StemCells'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: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=5.092/( (94.002+59.785)/ 2 )
=5.092/76.8935
=0.07

* 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.


DuoGenic StemCells  (ROCO:7607) Asset Turnover Explanation

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

DuoGenic StemCells's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=-64.592/62.272
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-64.592 / 10.184)*(10.184 / 76.8935)*(76.8935/ 62.272)
=Net Margin %*Asset Turnover*Equity Multiplier
=-634.25 %*0.1324*1.2348
=ROA %*Equity Multiplier
=-84.00 %*1.2348
=-103.73 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

DuoGenic StemCells's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=-64.592/76.8935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-64.592 / 10.184)*(10.184 / 76.8935)
=Net Margin %*Asset Turnover
=-634.25 %*0.1324
=-84.00 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


DuoGenic StemCells Asset Turnover Related Terms

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DuoGenic StemCells Business Description

Traded in Other Exchanges
N/A
Address
Room R207, Innovation Incubation Center, 145, Xingda Road, South District, Taichung, TWN
DuoGenic StemCells Corp is a company having a team of passionate researchers focused on stem cell cultivation. Their products are intended for research use and can be upgraded for clinical applications. It also develops blood cell therapy programs, using the isolation and purification of blood mononuclear cells to remove granule cells that promote inflammation, and conducts clinical trials on various degenerative diseases to provide a convenient and simple new option for cell therapy.

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