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Kim Teck Cheong Consolidated Bhd (XKLS:0180) Asset Turnover : 0.60 (As of Sep. 2024)


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What is Kim Teck Cheong Consolidated Bhd Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kim Teck Cheong Consolidated Bhd's Revenue for the three months ended in Sep. 2024 was RM256 Mil. Kim Teck Cheong Consolidated Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM425 Mil. Therefore, Kim Teck Cheong Consolidated Bhd's Asset Turnover for the quarter that ended in Sep. 2024 was 0.60.

Asset Turnover is linked to ROE % through Du Pont Formula. Kim Teck Cheong Consolidated Bhd's annualized ROE % for the quarter that ended in Sep. 2024 was 12.32%. It is also linked to ROA % through Du Pont Formula. Kim Teck Cheong Consolidated Bhd's annualized ROA % for the quarter that ended in Sep. 2024 was 5.66%.


Kim Teck Cheong Consolidated Bhd Asset Turnover Historical Data

The historical data trend for Kim Teck Cheong Consolidated 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.

* Premium members only.

Kim Teck Cheong Consolidated Bhd Asset Turnover Chart

Kim Teck Cheong Consolidated Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 2.02 2.22 2.18 2.47

Kim Teck Cheong Consolidated Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.52 0.64 0.66 0.60 0.60

Competitive Comparison of Kim Teck Cheong Consolidated Bhd's Asset Turnover

For the Food Distribution subindustry, Kim Teck Cheong Consolidated 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.


Kim Teck Cheong Consolidated Bhd's Asset Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kim Teck Cheong Consolidated Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kim Teck Cheong Consolidated Bhd's Asset Turnover falls into.



Kim Teck Cheong Consolidated Bhd Asset Turnover Calculation

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

Kim Teck Cheong Consolidated Bhd's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=946.34/( (347.441+418.114)/ 2 )
=946.34/382.7775
=2.47

Kim Teck Cheong Consolidated Bhd's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=256.484/( (418.114+431.992)/ 2 )
=256.484/425.053
=0.60

* 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.


Kim Teck Cheong Consolidated Bhd  (XKLS:0180) Asset Turnover Explanation

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

Kim Teck Cheong Consolidated Bhd's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=24.064/195.382
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(24.064 / 1025.936)*(1025.936 / 425.053)*(425.053/ 195.382)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.35 %*2.4137*2.1755
=ROA %*Equity Multiplier
=5.66 %*2.1755
=12.32 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Kim Teck Cheong Consolidated Bhd's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=24.064/425.053
=(Net Income / Revenue)*(Revenue / Total Assets)
=(24.064 / 1025.936)*(1025.936 / 425.053)
=Net Margin %*Asset Turnover
=2.35 %*2.4137
=5.66 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Kim Teck Cheong Consolidated Bhd Asset Turnover Related Terms

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Kim Teck Cheong Consolidated Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 73, Jalan Kilang, SEDCO Light Industrial Estate, Mile 5 1/2, Jalan Tuaran, Kota Kinabalu, SBH, MYS, 88450
Kim Teck Cheong Consolidated Bhd is engaged in the distribution and warehousing services of third party consumer packaged goods in East Malaysia. It is also engaged in the manufacturing of bakery products under its brand Creamos. The operating segments of the company consist of Distribution, Manufacturing, and Others. It distributes and sells products through retail outlets, hypermarkets, supermarkets, sundry shops, convenience stores, petrol kiosk, Chinese medical halls and school canteens. The company generates maximum revenue from the Distribution segment.

Kim Teck Cheong Consolidated Bhd Headlines

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