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ECA Integrated Solution Bhd (XKLS:0267) Asset Turnover : 0.05 (As of Oct. 2024)


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What is ECA Integrated Solution 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. ECA Integrated Solution Bhd's Revenue for the three months ended in Oct. 2024 was RM3.35 Mil. ECA Integrated Solution Bhd's Total Assets for the quarter that ended in Oct. 2024 was RM69.38 Mil. Therefore, ECA Integrated Solution Bhd's Asset Turnover for the quarter that ended in Oct. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. ECA Integrated Solution Bhd's annualized ROE % for the quarter that ended in Oct. 2024 was -42.41%. It is also linked to ROA % through Du Pont Formula. ECA Integrated Solution Bhd's annualized ROA % for the quarter that ended in Oct. 2024 was -34.41%.


ECA Integrated Solution Bhd Asset Turnover Historical Data

The historical data trend for ECA Integrated Solution 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.

ECA Integrated Solution Bhd Asset Turnover Chart

ECA Integrated Solution Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Asset Turnover
Get a 7-Day Free Trial 1.13 0.94 0.89 0.67 0.27

ECA Integrated Solution Bhd Quarterly Data
Oct19 Oct20 Oct21 Jun22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.08 0.08 0.05 0.05

Competitive Comparison of ECA Integrated Solution Bhd's Asset Turnover

For the Specialty Industrial Machinery subindustry, ECA Integrated Solution 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.


ECA Integrated Solution Bhd's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ECA Integrated Solution Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ECA Integrated Solution Bhd's Asset Turnover falls into.


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ECA Integrated Solution Bhd Asset Turnover Calculation

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

ECA Integrated Solution Bhd's Asset Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=18.804/( (71.409+66.338)/ 2 )
=18.804/68.8735
=0.27

ECA Integrated Solution Bhd's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=3.353/( (72.431+66.338)/ 2 )
=3.353/69.3845
=0.05

* 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.


ECA Integrated Solution Bhd  (XKLS:0267) Asset Turnover Explanation

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

ECA Integrated Solution Bhd's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=-23.876/56.3025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-23.876 / 13.412)*(13.412 / 69.3845)*(69.3845/ 56.3025)
=Net Margin %*Asset Turnover*Equity Multiplier
=-178.02 %*0.1933*1.2324
=ROA %*Equity Multiplier
=-34.41 %*1.2324
=-42.41 %

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

ECA Integrated Solution Bhd's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=-23.876/69.3845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.876 / 13.412)*(13.412 / 69.3845)
=Net Margin %*Asset Turnover
=-178.02 %*0.1933
=-34.41 %

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


ECA Integrated Solution Bhd Asset Turnover Related Terms

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ECA Integrated Solution Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 248, Lorong Perindustrian Bukit Minyak 16, Kawasan Perindustrian Bukit Minyak, Pulau Pinang, Simpang Ampat, PNG, MYS, 14100
ECA Integrated Solution Bhd is an automated manufacturing solution provider, and is principally involved in the provision of integrated production systems and standalone automated equipment. The company is a recognized designer, developer and manufacturer of automation solutions. Company segments includes: Investment Holdings and Manufacturing. The clients are from variety of industries, ranging from semiconductor to non-semiconductor all around the world from continents such Malaysia, North America, Europe, and Rest of Asia, majority revenue from Malaysia, and North America.

ECA Integrated Solution Bhd Headlines

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