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SDS Group Bhd (XKLS:0212) Asset Turnover : 0.40 (As of Dec. 2024)


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What is SDS Group 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. SDS Group Bhd's Revenue for the three months ended in Dec. 2024 was RM89.5 Mil. SDS Group Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM223.3 Mil. Therefore, SDS Group Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. SDS Group Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 22.76%. It is also linked to ROA % through Du Pont Formula. SDS Group Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 14.86%.


SDS Group Bhd Asset Turnover Historical Data

The historical data trend for SDS 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.

* Premium members only.

SDS Group Bhd Asset Turnover Chart

SDS Group Bhd Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 1.42 1.22 1.41 1.86 1.82

SDS Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.47 0.43 0.42 0.43 0.40

Competitive Comparison of SDS Group Bhd's Asset Turnover

For the Packaged Foods subindustry, SDS 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.


SDS Group Bhd's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SDS Group Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SDS Group Bhd's Asset Turnover falls into.


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SDS Group Bhd Asset Turnover Calculation

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

SDS Group Bhd's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=324.063/( (161.873+193.421)/ 2 )
=324.063/177.647
=1.82

SDS Group Bhd's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=89.471/( (219.006+227.524)/ 2 )
=89.471/223.265
=0.40

* 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.


SDS Group Bhd  (XKLS:0212) Asset Turnover Explanation

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

SDS Group Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=33.176/145.784
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.176 / 357.884)*(357.884 / 223.265)*(223.265/ 145.784)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.27 %*1.603*1.5315
=ROA %*Equity Multiplier
=14.86 %*1.5315
=22.76 %

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

SDS Group Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=33.176/223.265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(33.176 / 357.884)*(357.884 / 223.265)
=Net Margin %*Asset Turnover
=9.27 %*1.603
=14.86 %

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


SDS Group Bhd Asset Turnover Related Terms

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SDS Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
5, Jalan Selatan 8 (Off Jalan Kempas Lama), Kawasan Perusahaan Ringan Pulai, Johor Bahru, JHR, MYS, 81200
SDS Group Bhd is involved in the manufacturing and distribution of bakery products. The company's segment includes Wholesale segment, which includes manufacturing of products and dealing directly with ultimate customers through the Group's retail outlets; Retail segment, which includes manufacturing of products and distributing to the retailer through the Group's fleet of lorries. and Other. It generates maximum revenue from the wholesale segment. Geographically the business presence of the group is seen in Malaysia, Singapore, and Indonesia of which the Malaysia region accounts for a majority of revenue.

SDS Group Bhd Headlines

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