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Nam A Commercial Joint Stock Bank (STC:NAB) Asset Turnover : 0.01 (As of Dec. 2024)


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What is Nam A Commercial Joint Stock Bank Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nam A Commercial Joint Stock Bank's Revenue for the three months ended in Dec. 2024 was ₫2,525,479 Mil. Nam A Commercial Joint Stock Bank's Total Assets for the quarter that ended in Dec. 2024 was ₫241,979,491 Mil. Therefore, Nam A Commercial Joint Stock Bank's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Nam A Commercial Joint Stock Bank's annualized ROE % for the quarter that ended in Dec. 2024 was 20.85%. It is also linked to ROA % through Du Pont Formula. Nam A Commercial Joint Stock Bank's annualized ROA % for the quarter that ended in Dec. 2024 was 1.60%.


Nam A Commercial Joint Stock Bank Asset Turnover Historical Data

The historical data trend for Nam A Commercial Joint Stock Bank'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.

Nam A Commercial Joint Stock Bank Asset Turnover Chart

Nam A Commercial Joint Stock Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial 0.03 0.03 0.03 0.04 0.04

Nam A Commercial Joint Stock Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Nam A Commercial Joint Stock Bank's Asset Turnover

For the Banks - Regional subindustry, Nam A Commercial Joint Stock Bank'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.


Nam A Commercial Joint Stock Bank's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nam A Commercial Joint Stock Bank's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nam A Commercial Joint Stock Bank's Asset Turnover falls into.


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Nam A Commercial Joint Stock Bank Asset Turnover Calculation

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

Nam A Commercial Joint Stock Bank'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 )
=8627077/( (209896239+245128983)/ 2 )
=8627077/227512611
=0.04

Nam A Commercial Joint Stock Bank'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 )
=2525479/( (238829998+245128983)/ 2 )
=2525479/241979490.5
=0.01

* 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.


Nam A Commercial Joint Stock Bank  (STC:NAB) Asset Turnover Explanation

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

Nam A Commercial Joint Stock Bank's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=3867168/18552011.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3867168 / 10101916)*(10101916 / 241979490.5)*(241979490.5/ 18552011.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.28 %*0.0417*13.0433
=ROA %*Equity Multiplier
=1.60 %*13.0433
=20.85 %

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:

Nam A Commercial Joint Stock Bank's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=3867168/241979490.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3867168 / 10101916)*(10101916 / 241979490.5)
=Net Margin %*Asset Turnover
=38.28 %*0.0417
=1.60 %

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.


Nam A Commercial Joint Stock Bank Asset Turnover Related Terms

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Nam A Commercial Joint Stock Bank Business Description

Traded in Other Exchanges
N/A
Address
201-203 Cach Mang Thang Tam, Ward 4, District 3, Ho Chi Minh, VNM
Nam A Commercial Joint Stock Bank is engaged in providing banking services such as mobilizing short, medium and long-term funds in the form of term deposits, demand deposits, cod; receiving entrusted investment and development funds, borrowings from other financial institutions; granting short, medium and long-term loans; discounting of commercial notes, bonds and valuable papers; contributing capital and investing in joint-ventures, settlement services to customers, trading foreign currencies, gold, international payment, mobilizing overseas funds and other banking services to overseas counterparties; preserving assets, leasing cabinets and safes; insurance agency; credit granting; debt purchasing; trading and providing forex services on domestic and international market and others.

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