Beng Kuang Marine (SGX:BEZ) Asset Turnover: 0.60 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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SGX:BEZ Beng Kuang Marine Ltd SGX:BEZ
60 GF Score
Price S$0.53
GF Value S$0.19
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Beng Kuang Marine Asset Turnover?

Beng Kuang Marine SGX:BEZ +0.96% 60 Asset Turnover is 0.60 as of Dec. 2025. GuruFocus rates SGX:BEZ with a GF Score™ of 60/100 and a GF Value™ of S$0.19 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Beng Kuang Marine's Revenue for the six months ended in Dec. 2025 was S$47.37 Mil. Beng Kuang Marine's Total Assets for the quarter that ended in Dec. 2025 was S$79.12 Mil. Therefore, Beng Kuang Marine's Asset Turnover for the quarter that ended in Dec. 2025 was 0.60.

Asset Turnover is linked to ROE % through Du Pont Formula. Beng Kuang Marine's annualized ROE % for the quarter that ended in Dec. 2025 was 19.18%. It is also linked to ROA % through Du Pont Formula. Beng Kuang Marine's annualized ROA % for the quarter that ended in Dec. 2025 was 6.07%.


Beng Kuang Marine  (SGX:BEZ) Asset Turnover Explanation

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

Beng Kuang Marine's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=4.806/25.0565
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.806 / 94.736)*(94.736 / 79.116)*(79.116/ 25.0565)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.07 %*1.1974*3.1575
=ROA %*Equity Multiplier
=6.07 %*3.1575
=19.18 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Beng Kuang Marine's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=4.806/79.116
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.806 / 94.736)*(94.736 / 79.116)
=Net Margin %*Asset Turnover
=5.07 %*1.1974
=6.07 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Beng Kuang Marine Asset Turnover Related Terms


Beng Kuang Marine Asset Turnover Historical Data

* Premium members only.

The historical data trend for Beng Kuang Marine'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.

Beng Kuang Marine Asset Turnover Chart

Beng Kuang Marine Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.86 1.32 1.63 1.28

Beng Kuang Marine Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.80 0.90 0.72 0.67 0.60

SGX:BEZ vs SLB, BKR, HAL: Asset Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Beng Kuang Marine'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.


Beng Kuang Marine Asset Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beng Kuang Marine's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Beng Kuang Marine's Asset Turnover falls into.


SGX:BEZ
60GF Score
Beng Kuang Marine Ltd SGX:BEZ
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beng Kuang Marine Asset Turnover Calculation

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

Beng Kuang Marine's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=98.155/( (74.112+79.775)/ 2 )
=98.155/76.9435
=1.28

Beng Kuang Marine's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=47.368/( (78.457+79.775)/ 2 )
=47.368/79.116
=0.60

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.60 mean?
Beng Kuang Marine (SGX:BEZ) has a Asset Turnover of 0.60 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Beng Kuang Marine and its competitors.
Is Beng Kuang Marine's Asset Turnover too high?
Beng Kuang Marine's current Asset Turnover is 0.60. Overall, Beng Kuang Marine has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beng Kuang Marine's Asset Turnover compare to SLB and BKR?
Beng Kuang Marine's Asset Turnover of 0.60 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Beng Kuang Marine and its competitors. Beng Kuang Marine's current Asset Turnover is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beng Kuang Marine stock overvalued right now?
Based on GuruFocus' analysis, Beng Kuang Marine (SGX:BEZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.19, compared to a current price of S$0.53 — trading 176.3% above its estimated fair value. The current Asset Turnover is 0.60. Beng Kuang Marine's overall GF Score™ is 60/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Beng Kuang Marine (SGX:BEZ), the current Asset Turnover is 0.60 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Beng Kuang Marine (SGX:BEZ) Overvalued in 2026?

Based on GuruFocus' analysis, Beng Kuang Marine stock appears to be overvalued. The current stock price of S$0.53 is trading 176.3% above its estimated GF Value™ of S$0.19. GuruFocus considers Beng Kuang Marine to be Significantly Overvalued.

Key valuation signals for SGX:BEZ:

  • Asset Turnover: 0.60
  • GF Value™: S$0.19 vs. price of S$0.53 (176.3% above fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the SGX:BEZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beng Kuang Marine Business Description

Industry EnergyOil & Gas
Address 2 Venture Drive, No. 14-15, Vision Exchange, Singapore, SGP, 608526
Beng Kuang Marine Ltd is engaged in the provision of corrosion prevention services relating to the repair of ships, tankers and other ocean-going vessels and investment holding. The company operates through the following segments: Infrastructure Engineering, Corrosion Prevention, Corporate Services, and Others segment. A majority of the company's revenue is generated from the Infrastructure Engineering segment which relates to the provision of a wide range of engineering services including repairs and maintenance of floating production platforms, onshore and offshore marine fabrications, and the production and supply of customized pedestal cranes and deck equipment.
60GF Score

Get the complete analysis for SGX:BEZ

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.53
Price
S$0.19
GF Value