GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Unique Fire Holdings Bhd (XKLS:0257) » Definitions » Asset Turnover

Unique Fire Holdings Bhd (XKLS:0257) Asset Turnover : 0.27 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Unique Fire Holdings 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. Unique Fire Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM28.8 Mil. Unique Fire Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM108.5 Mil. Therefore, Unique Fire Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Unique Fire Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 15.47%. It is also linked to ROA % through Du Pont Formula. Unique Fire Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 12.45%.


Unique Fire Holdings Bhd Asset Turnover Historical Data

The historical data trend for Unique Fire Holdings 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.

Unique Fire Holdings Bhd Asset Turnover Chart

Unique Fire Holdings Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 1.02 0.84 0.96 0.94 1.03

Unique Fire Holdings Bhd Quarterly Data
Mar19 Mar20 Mar21 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 0.28 0.24 0.25 0.27 0.27

Competitive Comparison of Unique Fire Holdings Bhd's Asset Turnover

For the Security & Protection Services subindustry, Unique Fire Holdings 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.


Unique Fire Holdings Bhd's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Unique Fire Holdings Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Unique Fire Holdings Bhd's Asset Turnover falls into.


;
;

Unique Fire Holdings Bhd Asset Turnover Calculation

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

Unique Fire Holdings 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 )
=104.684/( (101.035+103.024)/ 2 )
=104.684/102.0295
=1.03

Unique Fire Holdings 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 )
=28.801/( (111.469+105.534)/ 2 )
=28.801/108.5015
=0.27

* 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.


Unique Fire Holdings Bhd  (XKLS:0257) Asset Turnover Explanation

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

Unique Fire Holdings Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=13.508/87.3175
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.508 / 115.204)*(115.204 / 108.5015)*(108.5015/ 87.3175)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.73 %*1.0618*1.2426
=ROA %*Equity Multiplier
=12.45 %*1.2426
=15.47 %

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:

Unique Fire Holdings Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=13.508/108.5015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.508 / 115.204)*(115.204 / 108.5015)
=Net Margin %*Asset Turnover
=11.73 %*1.0618
=12.45 %

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.


Unique Fire Holdings Bhd Asset Turnover Related Terms

Thank you for viewing the detailed overview of Unique Fire Holdings Bhd's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Unique Fire Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan Anggerik Mokara 31/55, Kota Kemuning, Seksyen 31, Shah Alam, SGR, MYS, 40460
Unique Fire Holdings Bhd is a fire equipment company. It has active fire protection systems, equipment and accessories for built environment, as well as the distribution of custom graphics designed fire extinguishers and other active fire protection systems, equipment and accessories plus other related services. The company has a single operating segment, namely assembly, manufacture and distribution of active fire protection systems, equipment and accessories for built environment and distribution of custom graphics designed fire extinguishers, other active fire protection systems, equipment and accessories and related services sector in Malaysia.

Unique Fire Holdings Bhd Headlines

No Headlines