Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vsolar Group Bhd's Revenue for the
three
months ended in Mar. 2026 was RM2.25 Mil. Vsolar Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM99.49 Mil. Therefore, Vsolar Group Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.02.
Asset Turnover is linked to ROE % through Du Pont Formula. Vsolar Group Bhd's annualizedROE % for the quarter that ended in Mar. 2026 was -2.82%. It is also linked to ROA % through Du Pont Formula. Vsolar Group Bhd's annualizedROA % for the quarter that ended in Mar. 2026 was -2.72%.
Vsolar Group Bhd (XKLS:0066) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Vsolar Group Bhd's annulizedROE % for the quarter that ended in Mar. 2026 is
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:
Vsolar Group Bhd's annulizedROA % for the quarter that ended in Mar. 2026 is
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.
Vsolar Group Bhd Asset Turnover Related Terms
Vsolar Group Bhd Asset Turnover Historical Data
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The historical data trend for Vsolar Group 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.
XKLS:0066 vs SNX, ARW, AVT: Asset Turnover Comparison
For the Electronics & Computer Distribution subindustry, Vsolar Group 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.
Vsolar Group Bhd Asset Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Vsolar Group Bhd's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Vsolar Group Bhd's Asset Turnover falls into.
* 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.
Vsolar Group Bhd (XKLS:0066) has a Asset Turnover of 0.02 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vsolar Group Bhd and its competitors.
Is Vsolar Group Bhd's Asset Turnover too high?
Vsolar Group Bhd's current Asset Turnover is 0.02.
How does Vsolar Group Bhd's Asset Turnover compare to SNX and ARW?
Vsolar Group Bhd's Asset Turnover of 0.02 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Vsolar Group Bhd and its competitors. Vsolar Group Bhd's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vsolar Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Vsolar Group Bhd (XKLS:0066) is currently considered Fairly Valued. The stock's GF Value™ is RM0.04, compared to a current price of RM0.04 — trading right at its estimated fair value. The current Asset Turnover is 0.02. 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 Vsolar Group Bhd (XKLS:0066), the current Asset Turnover is 0.02 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.
Vsolar Group Bhd is an investment holding company as well as renewable energy, media publishing, software solutions and production house based in Malaysia. The company's operating segment includes Engineering works; Trading; Solar Energy and Others. It generates maximum revenue from the Trading segment. The trading segment is engaged in the trading of computer hardware. The solar energy segment is engaged in the supply of solar energy. Other segments comprise investment holding, trading, and distribution of software, providing information technology services and dormant companies. Geographically, it operates only in Malaysia. Engineering works segment engaged in Business of engineering solutions provider in connection with renewal energy business and other related engineering works.
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