Harvest Miracle Capital Bhd (XKLS:0060) Asset Turnover: 0.11 (As of Mar. 2026)


XKLS:0060 Harvest Miracle Capital Bhd XKLS:0060
37 GF Score
Price RM0.14
GF Value RM0.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Harvest Miracle Capital Bhd Asset Turnover?

Harvest Miracle Capital Bhd XKLS:0060 37 Asset Turnover is 0.11 as of Mar. 2026. GuruFocus rates XKLS:0060 with a GF Score™ of 37/100 and a GF Value™ of RM0.15 (Fairly Valued). The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Harvest Miracle Capital Bhd's Revenue for the three months ended in Mar. 2026 was RM56.6 Mil. Harvest Miracle Capital Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM533.6 Mil. Therefore, Harvest Miracle Capital Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Harvest Miracle Capital Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 1.94%. It is also linked to ROA % through Du Pont Formula. Harvest Miracle Capital Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 1.63%.


Harvest Miracle Capital Bhd  (XKLS:0060) Asset Turnover Explanation

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

Harvest Miracle Capital Bhd's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=8.724/449.054
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.724 / 226.504)*(226.504 / 533.613)*(533.613/ 449.054)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.85 %*0.4245*1.1883
=ROA %*Equity Multiplier
=1.63 %*1.1883
=1.94 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Harvest Miracle Capital Bhd's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=8.724/533.613
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.724 / 226.504)*(226.504 / 533.613)
=Net Margin %*Asset Turnover
=3.85 %*0.4245
=1.63 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Harvest Miracle Capital Bhd Asset Turnover Related Terms


Harvest Miracle Capital Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd Asset Turnover Chart

Harvest Miracle Capital Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.34 0.24 0.32 0.54

Harvest Miracle Capital Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.09 0.12 0.16 0.17 0.11

XKLS:0060 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.


Harvest Miracle Capital Bhd Asset Turnover vs Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's Asset Turnover falls into.


XKLS:0060
37GF Score
Harvest Miracle Capital Bhd XKLS:0060
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvest Miracle Capital Bhd Asset Turnover Calculation

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

Harvest Miracle Capital Bhd's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=272.819/( (478.189+534.096)/ 2 )
=272.819/506.1425
=0.54

Harvest Miracle Capital Bhd's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=56.626/( (533.13+534.096)/ 2 )
=56.626/533.613
=0.11

* 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 0.11 mean?
Harvest Miracle Capital Bhd (XKLS:0060) has a Asset Turnover of 0.11 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Harvest Miracle Capital Bhd and its competitors.
Is Harvest Miracle Capital Bhd's Asset Turnover too high?
Harvest Miracle Capital Bhd's current Asset Turnover is 0.11. Overall, Harvest Miracle Capital Bhd has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harvest Miracle Capital Bhd's Asset Turnover compare to IBM and ACN?
Harvest Miracle Capital Bhd's Asset Turnover of 0.11 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Harvest Miracle Capital Bhd and its competitors. Harvest Miracle Capital Bhd's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvest Miracle Capital Bhd stock overvalued right now?
Based on GuruFocus' analysis, Harvest Miracle Capital Bhd (XKLS:0060) is currently considered Fairly Valued. The stock's GF Value™ is RM0.15, compared to a current price of RM0.14 — trading 6.7% below its estimated fair value. The current Asset Turnover is 0.11. Harvest Miracle Capital Bhd's overall GF Score™ is 37/100 with 5 warning signs to review. 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 Harvest Miracle Capital Bhd (XKLS:0060), the current Asset Turnover is 0.11 as of Mar. 2026. 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.

Is Harvest Miracle Capital Bhd (XKLS:0060) Overvalued in 2026?

Based on GuruFocus' analysis, Harvest Miracle Capital Bhd stock appears to be undervalued. The current stock price of RM0.14 is trading 6.7% below its estimated GF Value™ of RM0.15. GuruFocus considers Harvest Miracle Capital Bhd to be Fairly Valued.

Key valuation signals for XKLS:0060:

  • Asset Turnover: 0.11
  • GF Value™: RM0.15 vs. price of RM0.14 (6.7% below fair value)
  • GF Score™: 37/100 with 5 warning signs

No single metric tells the full story. See the XKLS:0060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harvest Miracle Capital Bhd Business Description

Address No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in eight segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, Trading of Building Material , Manufacturing, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products software development and support services and others. Its product categories include the Vacuum vald ve and Rupture Disk. Geographically, it operates in Malaysia, Japan, United Kingdom, Singapore, Australia, Philippines and Taiwan.
37GF Score

Get the complete analysis for XKLS:0060

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.14
Price
RM0.15
GF Value