M N C Wireless Bhd (XKLS:0103) Asset Turnover: 0.07 (As of Feb. 2026)

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What is M N C Wireless Bhd Asset Turnover?

M N C Wireless Bhd XKLS:0103 Asset Turnover is 0.07 as of Feb. 2026. The stock has 6 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. M N C Wireless Bhd's Revenue for the three months ended in Feb. 2026 was RM5.00 Mil. M N C Wireless Bhd's Total Assets for the quarter that ended in Feb. 2026 was RM68.83 Mil. Therefore, M N C Wireless Bhd's Asset Turnover for the quarter that ended in Feb. 2026 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. M N C Wireless Bhd's annualized ROE % for the quarter that ended in Feb. 2026 was -7.64%. It is also linked to ROA % through Du Pont Formula. M N C Wireless Bhd's annualized ROA % for the quarter that ended in Feb. 2026 was -6.08%.


M N C Wireless Bhd  (XKLS:0103) Asset Turnover Explanation

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

M N C Wireless Bhd's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=-4.184/54.758
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.184 / 20.016)*(20.016 / 68.8295)*(68.8295/ 54.758)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.9 %*0.2908*1.257
=ROA %*Equity Multiplier
=-6.08 %*1.257
=-7.64 %

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

M N C Wireless Bhd's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=-4.184/68.8295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.184 / 20.016)*(20.016 / 68.8295)
=Net Margin %*Asset Turnover
=-20.9 %*0.2908
=-6.08 %

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


M N C Wireless Bhd Asset Turnover Related Terms


M N C Wireless Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for M N C Wireless 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.

M N C Wireless Bhd Asset Turnover Chart

M N C Wireless Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.15 0.14 0.17 0.21

M N C Wireless Bhd Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Nov25 Feb26
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 0.05 0.07 0.05 0.07 0.07

XKLS:0103 vs VZ, TMUS, T: Asset Turnover Comparison

For the Telecom Services subindustry, M N C Wireless 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.


M N C Wireless Bhd Asset Turnover vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, M N C Wireless Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where M N C Wireless Bhd's Asset Turnover falls into.



M N C Wireless Bhd Asset Turnover Calculation

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

M N C Wireless Bhd's Asset Turnover for the fiscal year that ended in Apr. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2025 )/( (Total Assets (A: Apr. 2024 )+Total Assets (A: Apr. 2025 ))/ count )
=17.255/( (82.516+85.908)/ 2 )
=17.255/84.212
=0.20

M N C Wireless Bhd's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Nov. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=5.004/( (64.085+73.574)/ 2 )
=5.004/68.8295
=0.07

* 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 0.07 mean?
M N C Wireless Bhd (XKLS:0103) has a Asset Turnover of 0.07 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on M N C Wireless Bhd and its competitors.
Is M N C Wireless Bhd's Asset Turnover too high?
M N C Wireless Bhd's current Asset Turnover is 0.07.
How does M N C Wireless Bhd's Asset Turnover compare to VZ and TMUS?
M N C Wireless Bhd's Asset Turnover of 0.07 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Asset Turnover depends on the Telecommunication Services 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 M N C Wireless Bhd and its competitors. M N C Wireless Bhd's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M N C Wireless Bhd stock overvalued right now?
Based on GuruFocus' analysis, M N C Wireless Bhd (XKLS:0103) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.04 — trading 69.2% below its estimated fair value. The current Asset Turnover is 0.07. 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 M N C Wireless Bhd (XKLS:0103), the current Asset Turnover is 0.07 as of Feb. 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.

M N C Wireless Bhd Business Description

Other Exchanges 0103PA.PFD:Malaysia
Address 100-3.011, Jaya One, Number 72A, Jalan Profesor Diraja Ungku Aziz, 129 Offices, Petaling Jaya, SGR, MYS, 46200
M N C Wireless Bhd activities include sales and marketing, and research and development of wireless, mobile and multimedia solutions and content, and investment holding. Its segments comprise Mobile applications, a premium mobile content platform enabling the sale of content via SMS and MMS; Wireless and multimedia related services, including consultations, sales, marketing and implementation of mobile messaging solutions and related multimedia services, which generate the majority of revenue; and Others. Its services include mobile applications, mobile messaging, social media management, mobile billing, web design and development, and web maintenance.