S A M Trade Asia Pte (S A M Trade Asia Pte) Asset Turnover : 0.51 (As of May. 2008)

S A M Trade Asia Pte Asset Turnover Chart

S A M Trade Asia Pte Quarterly Data
	Aug03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08
Asset Turnover	Get a 7-Day Free Trial															0.31	0.25	0.26	0.28	0.51

Competitive Comparison of S A M Trade Asia Pte's Asset Turnover

For the Shell Companies subindustry, S A M Trade Asia Pte'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.

S A M Trade Asia Pte's Asset Turnover Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, S A M Trade Asia Pte's Asset Turnover distribution charts can be found below:

* The bar in red indicates where S A M Trade Asia Pte's Asset Turnover falls into.

S A M Trade Asia Pte Asset Turnover Calculation

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

S A M Trade Asia Pte's Asset Turnover for the fiscal year that ended in Feb. 2008 is calculated as

S A M Trade Asia Pte's Asset Turnover for the quarter that ended in May. 2008 is calculated as

* 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.

S A M Trade Asia Pte  (OTCPK:SMFX) Asset Turnover Explanation

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

S A M Trade Asia Pte's annulized ROE % for the quarter that ended in May. 2008 is

Note: The Net Income data used here is four times the quarterly (May. 2008) net income data. The Revenue data used here is four times the quarterly (May. 2008) 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:

S A M Trade Asia Pte's annulized ROA % for the quarter that ended in May. 2008 is

Note: The Net Income data used here is four times the quarterly (May. 2008) net income data. The Revenue data used here is four times the quarterly (May. 2008) 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.

S A M Trade Asia Pte Asset Turnover Related Terms

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S A M Trade Asia Pte (S A M Trade Asia Pte) Business Description