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Sunburst Acquisitions V (Sunburst Acquisitions V) Asset Turnover : -0.20 (As of Dec. 2018)


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What is Sunburst Acquisitions V Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sunburst Acquisitions V's Revenue for the three months ended in Dec. 2018 was $-1.56 Mil. Sunburst Acquisitions V's Total Assets for the quarter that ended in Dec. 2018 was $7.79 Mil. Therefore, Sunburst Acquisitions V's Asset Turnover for the quarter that ended in Dec. 2018 was -0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Sunburst Acquisitions V's annualized ROE % for the quarter that ended in Dec. 2018 was 121.72%. It is also linked to ROA % through Du Pont Formula. Sunburst Acquisitions V's annualized ROA % for the quarter that ended in Dec. 2018 was -67.19%.


Sunburst Acquisitions V Asset Turnover Historical Data

The historical data trend for Sunburst Acquisitions V'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.

Sunburst Acquisitions V Asset Turnover Chart

Sunburst Acquisitions V Annual Data
Trend Dec16 Dec17 Dec18
Asset Turnover
- - -

Sunburst Acquisitions V Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Asset Turnover Get a 7-Day Free Trial Premium Member Only - 0.02 0.04 0.01 -0.20

Competitive Comparison of Sunburst Acquisitions V's Asset Turnover

For the Specialty Business Services subindustry, Sunburst Acquisitions V'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.


Sunburst Acquisitions V's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sunburst Acquisitions V's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sunburst Acquisitions V's Asset Turnover falls into.



Sunburst Acquisitions V Asset Turnover Calculation

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

Sunburst Acquisitions V's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=0/( (20.467+6.739)/ 2 )
=0/13.603
=0.00

Sunburst Acquisitions V's Asset Turnover for the quarter that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=-1.56/( (8.847+6.739)/ 2 )
=-1.56/7.793
=-0.20

* 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.


Sunburst Acquisitions V  (GREY:SGIL) Asset Turnover Explanation

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

Sunburst Acquisitions V's annulized ROE % for the quarter that ended in Dec. 2018 is

ROE %**(Q: Dec. 2018 )
=Net Income/Total Stockholders Equity
=-5.236/-4.3015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.236 / -6.24)*(-6.24 / 7.793)*(7.793/ -4.3015)
=Net Margin %*Asset Turnover*Equity Multiplier
=83.91 %*-0.8007*-1.8117
=ROA %*Equity Multiplier
=-67.19 %*-1.8117
=121.72 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Sunburst Acquisitions V's annulized ROA % for the quarter that ended in Dec. 2018 is

ROA %(Q: Dec. 2018 )
=Net Income/Total Assets
=-5.236/7.793
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.236 / -6.24)*(-6.24 / 7.793)
=Net Margin %*Asset Turnover
=83.91 %*-0.8007
=-67.19 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Sunburst Acquisitions V Asset Turnover Related Terms

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Sunburst Acquisitions V (Sunburst Acquisitions V) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19 Des Voeux Road, World-Wide House, Room 2305A, 23rd Floor, Central, Hong Kong, HKG
Website
Sunburst Acquisitions V Inc through its direct and indirect wholly owned subsidiaries is in the business of providing import custom clearing services in the Guangdong province in the People's Republic of China. The company generates revenue from the Import and Customs Clearance Service and Trading. It ceases its business.

Sunburst Acquisitions V (Sunburst Acquisitions V) Headlines

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