China Creative Digital Entertainment (STU:EER7) Asset Turnover: 0.05 (As of Mar. 2022)

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STU:EER7 China Creative Digital Entertainment Ltd STU:EER7
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What is China Creative Digital Entertainment Asset Turnover?

China Creative Digital Entertainment STU:EER7 10 Asset Turnover is 0.05 as of Mar. 2022. GuruFocus rates STU:EER7 with a GF Score™ of 10/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. China Creative Digital Entertainment's Revenue for the three months ended in Mar. 2022 was €0.47 Mil. China Creative Digital Entertainment's Total Assets for the quarter that ended in Mar. 2022 was €10.11 Mil. Therefore, China Creative Digital Entertainment's Asset Turnover for the quarter that ended in Mar. 2022 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. China Creative Digital Entertainment's annualized ROE % for the quarter that ended in Mar. 2022 was 9.46%. It is also linked to ROA % through Du Pont Formula. China Creative Digital Entertainment's annualized ROA % for the quarter that ended in Mar. 2022 was -127.50%.


China Creative Digital Entertainment  (STU:EER7) Asset Turnover Explanation

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

China Creative Digital Entertainment's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-12.892/-136.21
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-12.892 / 1.872)*(1.872 / 10.111)*(10.111/ -136.21)
=Net Margin %*Asset Turnover*Equity Multiplier
=-688.68 %*0.1851*-0.0742
=ROA %*Equity Multiplier
=-127.50 %*-0.0742
=9.46 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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:

China Creative Digital Entertainment's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=-12.892/10.111
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-12.892 / 1.872)*(1.872 / 10.111)
=Net Margin %*Asset Turnover
=-688.68 %*0.1851
=-127.50 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) 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.


China Creative Digital Entertainment Asset Turnover Related Terms


China Creative Digital Entertainment Asset Turnover Historical Data

* Premium members only.

The historical data trend for China Creative Digital Entertainment'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.

China Creative Digital Entertainment Asset Turnover Chart

China Creative Digital Entertainment Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.10 0.03 0.04 0.08

China Creative Digital Entertainment Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.07 0.13 0.16 0.05

STU:EER7 vs DIS, NFLX, WBD: Asset Turnover Comparison

For the Entertainment subindustry, China Creative Digital Entertainment'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.


China Creative Digital Entertainment Asset Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, China Creative Digital Entertainment's Asset Turnover distribution charts can be found below:

* The bar in red indicates where China Creative Digital Entertainment's Asset Turnover falls into.


STU:EER7
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China Creative Digital Entertainment Ltd STU:EER7
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China Creative Digital Entertainment Asset Turnover Calculation

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

China Creative Digital Entertainment's Asset Turnover for the fiscal year that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2021 )/( (Total Assets (A: Jun. 2020 )+Total Assets (A: Jun. 2021 ))/ count )
=2.263/( (49.902+5.094)/ 2 )
=2.263/27.498
=0.08

China Creative Digital Entertainment's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=0.468/( (10.111+0)/ 1 )
=0.468/10.111
=0.05

* 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 0.05 mean?
China Creative Digital Entertainment (STU:EER7) has a Asset Turnover of 0.05 as of Mar. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on China Creative Digital Entertainment and its competitors.
Is China Creative Digital Entertainment's Asset Turnover too high?
China Creative Digital Entertainment's current Asset Turnover is 0.05. Overall, China Creative Digital Entertainment has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does China Creative Digital Entertainment's Asset Turnover compare to DIS and NFLX?
China Creative Digital Entertainment's Asset Turnover of 0.05 can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 China Creative Digital Entertainment and its competitors. China Creative Digital Entertainment's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Creative Digital Entertainment stock overvalued right now?
China Creative Digital Entertainment (STU:EER7) has a current Asset Turnover of 0.05. The current Asset Turnover is 0.05. China Creative Digital Entertainment's overall GF Score™ is 10/100. 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 China Creative Digital Entertainment (STU:EER7), the current Asset Turnover is 0.05 as of Mar. 2022. 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.

China Creative Digital Entertainment Business Description

Address 21 Sheung Yuet Road, Unit 01B, 11th Floor, Eastmark, Kowloon Bay, Hong Kong, HKG
China Creative Digital Entertainment Ltd is a company operating in the entertainment industry. It operates through four business segments; Artiste management services, Distribution and production of films, television programs and music production and other film-related production (Entertainment business), Money lending, and Securities and bonds investment. The majority of the company revenue is generated from the Entertainment business segments. Geographically, the company derives its key revenue from Hong Kong and the rest from the People's Republic of China, Taiwan, Japan, North America, and other regions.
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