GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » BaoViet Holdings (STC:BVH) » Definitions » Asset Turnover

BaoViet Holdings (STC:BVH) Asset Turnover : 0.06 (As of Dec. 2024)


View and export this data going back to 2009. Start your Free Trial

What is BaoViet Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BaoViet Holdings's Revenue for the three months ended in Dec. 2024 was ₫14,519,805 Mil. BaoViet Holdings's Total Assets for the quarter that ended in Dec. 2024 was ₫244,718,442 Mil. Therefore, BaoViet Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. BaoViet Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was 9.46%. It is also linked to ROA % through Du Pont Formula. BaoViet Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 0.88%.


BaoViet Holdings Asset Turnover Historical Data

The historical data trend for BaoViet Holdings'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.

BaoViet Holdings Asset Turnover Chart

BaoViet Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.32 0.29 0.27 0.24

BaoViet Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 0.06 0.07 0.06 0.05 0.06

Competitive Comparison of BaoViet Holdings's Asset Turnover

For the Insurance - Diversified subindustry, BaoViet Holdings'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.


BaoViet Holdings's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BaoViet Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BaoViet Holdings's Asset Turnover falls into.


;
;

BaoViet Holdings Asset Turnover Calculation

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

BaoViet Holdings's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=56026706.099/( (221101602.594+251217777.466)/ 2 )
=56026706.099/236159690.03
=0.24

BaoViet Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=14519805.353/( (238219105.571+251217777.466)/ 2 )
=14519805.353/244718441.5185
=0.06

* 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.


BaoViet Holdings  (STC:BVH) Asset Turnover Explanation

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

BaoViet Holdings's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=2144124.236/22657247.85
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2144124.236 / 58079221.412)*(58079221.412 / 244718441.5185)*(244718441.5185/ 22657247.85)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.69 %*0.2373*10.8009
=ROA %*Equity Multiplier
=0.88 %*10.8009
=9.46 %

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

BaoViet Holdings's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=2144124.236/244718441.5185
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2144124.236 / 58079221.412)*(58079221.412 / 244718441.5185)
=Net Margin %*Asset Turnover
=3.69 %*0.2373
=0.88 %

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


BaoViet Holdings Asset Turnover Related Terms

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


BaoViet Holdings Business Description

Traded in Other Exchanges
N/A
Address
72 Tran Hung Dao Street, Tran Hung Dao Ward, Hoan Kiem District, Ha Noi, VNM
BaoViet Holdings is a Vietnam-based company that provides financial and securities investment services. The firm's services are classified on the basis of five major segments which include Life insurance, Non-life insurance, financial services, Banking services and Real estate operation and other activities. Further, the company has established relations with world-class insurers and reinsurers, including Munich Re, Swiss Re, CCR, Hannover Re, AON, Arthur Gallagher, and Marsh. It is engaged in offering securities brokerage services, underwriting services, custody services, investment advice to investors and trading of securities. The majority of the revenue for the company is generated through interest, dividends and appropriated profits.