Snowfit Group Bhd (XKLS:03054) Asset Turnover: 0.95 (As of Mar. 2026)


What is Snowfit Group Bhd Asset Turnover?

Snowfit Group Bhd XKLS:03054 Asset Turnover is 0.95 as of Mar. 2026. The stock has 9 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Snowfit Group Bhd's Revenue for the six months ended in Mar. 2026 was RM13.32 Mil. Snowfit Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM13.97 Mil. Therefore, Snowfit Group Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.95.

Asset Turnover is linked to ROE % through Du Pont Formula. Snowfit Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 8.64%. It is also linked to ROA % through Du Pont Formula. Snowfit Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 2.06%.

Snowfit Group Bhd  (XKLS:03054) Asset Turnover Explanation

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

Snowfit Group Bhd's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0.288/3.333
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.288 / 26.648)*(26.648 / 13.9735)*(13.9735/ 3.333)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.08 %*1.907*4.1925
=ROA %*Equity Multiplier
=2.06 %*4.1925
=8.64 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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:

Snowfit Group Bhd's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.288/13.9735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.288 / 26.648)*(26.648 / 13.9735)
=Net Margin %*Asset Turnover
=1.08 %*1.907
=2.06 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.

Snowfit Group Bhd Asset Turnover Related Terms

Snowfit Group Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Snowfit 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.

Snowfit Group Bhd Asset Turnover Chart

Snowfit Group Bhd Annual Data
Trend May20 May21 May23 May24
Asset Turnover
4.55 4.57 2.22 1.55

Snowfit Group Bhd Semi-Annual Data
May20 May21 Nov22 May23 Nov23 May24 Nov24 May25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.90 0.75 0.80 0.77 0.95

XKLS:03054 vs AAPL: Asset Turnover Comparison

For the Consumer Electronics subindustry, Snowfit 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.

Snowfit Group Bhd Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Snowfit Group Bhd's Asset Turnover distribution charts can be found below:

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


Snowfit Group Bhd Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2024 )/( (Total Assets (A: May. 2023 )+Total Assets (A: May. 2024 ))/ count )
=28.918/( (15.789+21.419)/ 2 )
=28.918/18.604
=1.55

Snowfit Group Bhd's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: May. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=13.324/( (14.211+13.736)/ 2 )
=13.324/13.9735
=0.95

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.95 mean?
Snowfit Group Bhd (XKLS:03054) has a Asset Turnover of 0.95 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Snowfit Group Bhd and its competitors.
Is Snowfit Group Bhd's Asset Turnover too high?
Snowfit Group Bhd's current Asset Turnover is 0.95.
How does Snowfit Group Bhd's Asset Turnover compare to AAPL?
Snowfit Group Bhd's Asset Turnover of 0.95 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Snowfit Group Bhd and its competitors. Snowfit Group Bhd's current Asset Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowfit Group Bhd stock overvalued right now?
Snowfit Group Bhd (XKLS:03054) has a current Asset Turnover of 0.95. The stock's GF Value™ is RM0.24, compared to a current price of RM0.10 — trading 58.3% below its estimated fair value. The current Asset Turnover is 0.95. 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 Snowfit Group Bhd (XKLS:03054), the current Asset Turnover is 0.95 as of Mar. 2026. 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.

Snowfit Group Bhd Business Description

Address Jalan Balakong, Lot 33842-A, GM 6008, Balakong, SGR, MYS, 43200
Snowfit Group Bhd offers wellness and sporting goods including massage and fitness equipment. Its product offerings comprise of Massage Chairs, Treadmills, TableBIKE, Foot Massager, Portable Massager, and Eye Massager.