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Ucommune International (Ucommune International) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Ucommune International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ucommune International's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Ucommune International's Total Assets for the quarter that ended in Dec. 2023 was $93.42 Mil. Therefore, Ucommune International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Ucommune International's annualized ROE % for the quarter that ended in Dec. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Ucommune International's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.


Ucommune International Asset Turnover Historical Data

The historical data trend for Ucommune International'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.

Ucommune International Asset Turnover Chart

Ucommune International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.23 0.20 0.37 0.43 0.56

Ucommune International Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.11 - - - -

Competitive Comparison of Ucommune International's Asset Turnover

For the Real Estate Services subindustry, Ucommune International'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.


Ucommune International's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ucommune International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ucommune International's Asset Turnover falls into.



Ucommune International Asset Turnover Calculation

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

Ucommune International's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=64.399/( (148.94+82.177)/ 2 )
=64.399/115.5585
=0.56

Ucommune International's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (104.656+82.177)/ 2 )
=0/93.4165
=0.00

* 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.


Ucommune International  (NAS:UK) Asset Turnover Explanation

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

Ucommune International's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0/5.8345
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 93.4165)*(93.4165/ 5.8345)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*16.0111
=ROA %*Equity Multiplier
=0.00 %*16.0111
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Ucommune International's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0/93.4165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 93.4165)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Ucommune International Asset Turnover Related Terms

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Ucommune International (Ucommune International) Business Description

Traded in Other Exchanges
N/A
Address
Guang Hua Road, No. 2, Tower D, Floor B1, Chaoyang District, Beijing, CHN, 100026
Ucommune International Ltd is an agile office space provider and manager. It provides specialized, integrated services for managing agile office spaces and solutions in China. It provides open station spaces, private office spaces, and hourly desks. Its operating segment includes Workspace membership, Marketing and branding services, and Other services. The company generates maximum revenue from Marketing and branding services.