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Boer Power Holdings (STU:BOE) Asset Turnover : 0.29 (As of Dec. 2024)


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What is Boer Power 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. Boer Power Holdings's Revenue for the six months ended in Dec. 2024 was €53.44 Mil. Boer Power Holdings's Total Assets for the quarter that ended in Dec. 2024 was €186.71 Mil. Therefore, Boer Power Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Boer Power Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was 16.51%. It is also linked to ROA % through Du Pont Formula. Boer Power Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 3.40%.


Boer Power Holdings Asset Turnover Historical Data

The historical data trend for Boer Power 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.

Boer Power Holdings Asset Turnover Chart

Boer Power 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 0.48 0.43 0.46 0.40 0.46

Boer Power Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.24 0.18 0.22 0.19 0.29

Competitive Comparison of Boer Power Holdings's Asset Turnover

For the Industrial Distribution subindustry, Boer Power 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.


Boer Power Holdings's Asset Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Boer Power Holdings's Asset Turnover distribution charts can be found below:

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


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Boer Power Holdings Asset Turnover Calculation

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

Boer Power 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 )
=89.231/( (191.042+200.063)/ 2 )
=89.231/195.5525
=0.46

Boer Power 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: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=53.437/( (173.353+200.063)/ 2 )
=53.437/186.708
=0.29

* 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.


Boer Power Holdings  (STU:BOE) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=6.348/38.4545
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.348 / 106.874)*(106.874 / 186.708)*(186.708/ 38.4545)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.94 %*0.5724*4.8553
=ROA %*Equity Multiplier
=3.40 %*4.8553
=16.51 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=6.348/186.708
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.348 / 106.874)*(106.874 / 186.708)
=Net Margin %*Asset Turnover
=5.94 %*0.5724
=3.40 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Boer Power Holdings Asset Turnover Related Terms

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Boer Power Holdings Business Description

Traded in Other Exchanges
Address
Luoyang Road, Yangshi Industrial Park, Huishan District, Jiangsu Province, Wuxi, CHN, 214187
Boer Power Holdings Ltd is engaged in designing, manufacturing, and sale of electrical distribution equipment, and provision of electrical distribution systems solution services in the PRC. The business has two segments; IEM Solutions, which includes the sale of electrical distribution systems, EPC projects, and the sale of electricity, and the Components and Spare Parts Business segment, which includes components and spare parts for application on electrical distribution equipment or the basic function units of the solutions and sells such components and spare parts to the customers. Maximum revenue is generated by the IEM solutions segment.