Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sunzen Group Bhd's Revenue for the
three
months ended in Jun. 2024 was RM20.61 Mil. Sunzen Group Bhd's Total Assets for the quarter that ended in Jun. 2024 was RM164.70 Mil. Therefore, Sunzen Group Bhd's Asset Turnover for the quarter that ended in Jun. 2024 was 0.13.
Asset Turnover is linked to ROE % through Du Pont Formula. Sunzen Group Bhd's annualizedROE % for the quarter that ended in Jun. 2024 was 1.19%. It is also linked to ROA % through Du Pont Formula. Sunzen Group Bhd's annualizedROA % for the quarter that ended in Jun. 2024 was 0.98%.
Sunzen Group Bhd (XKLS:0148) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Sunzen Group Bhd's annulizedROE % for the quarter that ended in Jun. 2024 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) 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:
Sunzen Group Bhd's annulizedROA % for the quarter that ended in Jun. 2024 is
Note:
The Net Income data used here is four times the quarterly (Jun. 2024) net income data. The Revenue data used here is four times the quarterly (Jun. 2024) 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.
Sunzen Group Bhd Asset Turnover Related Terms
Sunzen Group Bhd Asset Turnover Historical Data
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The historical data trend for Sunzen 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:0148 vs KHC, GIS, K: Asset Turnover Comparison
For the Packaged Foods subindustry, Sunzen 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.
Sunzen Group Bhd Asset Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sunzen Group Bhd's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Sunzen 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.
Sunzen Group Bhd (XKLS:0148) has a Asset Turnover of 0.13 as of Jun. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sunzen Group Bhd and its competitors.
Is Sunzen Group Bhd's Asset Turnover too high?
Sunzen Group Bhd's current Asset Turnover is 0.13. Overall, Sunzen Group Bhd has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sunzen Group Bhd's Asset Turnover compare to KHC and GIS?
Sunzen Group Bhd's Asset Turnover of 0.13 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Sunzen Group Bhd and its competitors. Sunzen Group Bhd's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunzen Group Bhd stock overvalued right now?
Sunzen Group Bhd (XKLS:0148) has a current Asset Turnover of 0.13. The current Asset Turnover is 0.13. Sunzen Group Bhd's overall GF Score™ is 4/100. 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 Sunzen Group Bhd (XKLS:0148), the current Asset Turnover is 0.13 as of Jun. 2024. 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.
Sunzen Group Bhd Formerly Sunzen Biotech Bhd is engaged in the business of research and development of biotechnology and manufacturing and marketing of animal health products. The company operates in the business segments of Manufacturing and trading animal health products; Pharmaceutical and medical goods; Traditional Chinese medicines and herbal health foods and beverages; and Loan Financing. It generates key revenue from the Traditional Chinese medicines and herbal health foods and beverages segment. Geographically, it operates into Malaysia, China, Singapore, and Others, out of which China generates maximum revenue.
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