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AO SG-Development (STU:SYR) Asset Turnover : 0.02 (As of Dec. 2020)


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What is AO SG-Development Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AO SG-Development's Revenue for the six months ended in Dec. 2020 was €2.45 Mil. AO SG-Development's Total Assets for the quarter that ended in Dec. 2020 was €154.29 Mil. Therefore, AO SG-Development's Asset Turnover for the quarter that ended in Dec. 2020 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. AO SG-Development's annualized ROE % for the quarter that ended in Dec. 2020 was 185.20%. It is also linked to ROA % through Du Pont Formula. AO SG-Development's annualized ROA % for the quarter that ended in Dec. 2020 was 27.15%.


AO SG-Development Asset Turnover Historical Data

The historical data trend for AO SG-Development'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.

AO SG-Development Asset Turnover Chart

AO SG-Development Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.28 0.31 0.20 0.05

AO SG-Development Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 0.10 0.09 0.04 0.02

Competitive Comparison of AO SG-Development's Asset Turnover

For the Real Estate - Diversified subindustry, AO SG-Development'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.


AO SG-Development's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, AO SG-Development's Asset Turnover distribution charts can be found below:

* The bar in red indicates where AO SG-Development's Asset Turnover falls into.



AO SG-Development Asset Turnover Calculation

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

AO SG-Development's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=25.855/( (984.899+40.084)/ 2 )
=25.855/512.4915
=0.05

AO SG-Development's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=2.449/( (268.495+40.084)/ 2 )
=2.449/154.2895
=0.02

* 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.


AO SG-Development  (STU:SYR) Asset Turnover Explanation

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

AO SG-Development's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=41.894/22.621
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(41.894 / 4.898)*(4.898 / 154.2895)*(154.2895/ 22.621)
=Net Margin %*Asset Turnover*Equity Multiplier
=855.33 %*0.0317*6.8206
=ROA %*Equity Multiplier
=27.15 %*6.8206
=185.20 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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:

AO SG-Development's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=41.894/154.2895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(41.894 / 4.898)*(4.898 / 154.2895)
=Net Margin %*Asset Turnover
=855.33 %*0.0317
=27.15 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2020) net income data. The Revenue data used here is two times the semi-annual (Dec. 2020) 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.


AO SG-Development Asset Turnover Related Terms

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AO SG-Development (STU:SYR) Business Description

Traded in Other Exchanges
N/A
Address
Leningradsky Prospect, House 35, Building 1, 17th Floor, ODC Iskra-Park, Entrance 5, Moscow, RUS, 125284
AO SG-Development, formerly HALS-Development PJSC is engaged in real estate development, focusing on the Class A and Class B buildings of the Moscow office market, shopping centers, high-end housing, single-family houses, apartment buildings, and land development. Its operations are conducted in the Russian Federation and the Commonwealth of Independent States, primarily in Moscow, the Moscow Region, the Nizhniy Novgorod region, Sochi, Kiev, and Saint-Petersburg. The group's revenues are derived principally from the sale of completed development projects, both commercial and residential, as well as the sale of land plots, rental income from completed development projects, and revenue from room charges and other hotel services.

AO SG-Development (STU:SYR) Headlines

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