Croesus IT Holdings Sdn Bhd (XKLS:03066) Asset Turnover: 0.48 (As of Dec. 2025)


XKLS:03066 Croesus IT Holdings Sdn Bhd XKLS:03066
19 GF Score
Price RM0.20
! 5 Warning Signs
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What is Croesus IT Holdings Sdn Bhd Asset Turnover?

Croesus IT Holdings Sdn Bhd XKLS:03066 19 Asset Turnover is 0.48 as of Dec. 2025. GuruFocus rates XKLS:03066 with a GF Score™ of 19/100. The stock has 5 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. Croesus IT Holdings Sdn Bhd's Revenue for the six months ended in Dec. 2025 was RM2.77 Mil. Croesus IT Holdings Sdn Bhd's Total Assets for the quarter that ended in Dec. 2025 was RM5.80 Mil. Therefore, Croesus IT Holdings Sdn Bhd's Asset Turnover for the quarter that ended in Dec. 2025 was 0.48.

Asset Turnover is linked to ROE % through Du Pont Formula. Croesus IT Holdings Sdn Bhd's annualized ROE % for the quarter that ended in Dec. 2025 was -15.43%. It is also linked to ROA % through Du Pont Formula. Croesus IT Holdings Sdn Bhd's annualized ROA % for the quarter that ended in Dec. 2025 was -10.82%.


Croesus IT Holdings Sdn Bhd  (XKLS:03066) Asset Turnover Explanation

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

Croesus IT Holdings Sdn Bhd's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-0.628/4.0695
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.628 / 5.534)*(5.534 / 5.803)*(5.803/ 4.0695)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.35 %*0.9536*1.426
=ROA %*Equity Multiplier
=-10.82 %*1.426
=-15.43 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Croesus IT Holdings Sdn Bhd's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-0.628/5.803
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.628 / 5.534)*(5.534 / 5.803)
=Net Margin %*Asset Turnover
=-11.35 %*0.9536
=-10.82 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Croesus IT Holdings Sdn Bhd Asset Turnover Related Terms


Croesus IT Holdings Sdn Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Croesus IT Holdings Sdn 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.

Croesus IT Holdings Sdn Bhd Asset Turnover Chart

Croesus IT Holdings Sdn Bhd Annual Data
Trend Dec23 Dec24 Dec25
Asset Turnover
0.98 1.17 1.05

Croesus IT Holdings Sdn Bhd Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover 0.00 0.43 0.76 0.46 0.48

XKLS:03066 vs IBM, ACN, FISV: Asset Turnover Comparison

For the Information Technology Services subindustry, Croesus IT Holdings Sdn 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.


Croesus IT Holdings Sdn Bhd Asset Turnover vs Software Industry

For the Software industry and Technology sector, Croesus IT Holdings Sdn Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Croesus IT Holdings Sdn Bhd's Asset Turnover falls into.


XKLS:03066
19GF Score
Croesus IT Holdings Sdn Bhd XKLS:03066
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Croesus IT Holdings Sdn Bhd Asset Turnover Calculation

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

Croesus IT Holdings Sdn Bhd's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=5.383/( (5.093+5.208)/ 2 )
=5.383/5.1505
=1.05

Croesus IT Holdings Sdn Bhd's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2.767/( (6.398+5.208)/ 2 )
=2.767/5.803
=0.48

* 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 0.48 mean?
Croesus IT Holdings Sdn Bhd (XKLS:03066) has a Asset Turnover of 0.48 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Croesus IT Holdings Sdn Bhd and its competitors.
Is Croesus IT Holdings Sdn Bhd's Asset Turnover too high?
Croesus IT Holdings Sdn Bhd's current Asset Turnover is 0.48. Overall, Croesus IT Holdings Sdn Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Croesus IT Holdings Sdn Bhd's Asset Turnover compare to IBM and ACN?
Croesus IT Holdings Sdn Bhd's Asset Turnover of 0.48 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Croesus IT Holdings Sdn Bhd and its competitors. Croesus IT Holdings Sdn Bhd's current Asset Turnover is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Croesus IT Holdings Sdn Bhd stock overvalued right now?
Croesus IT Holdings Sdn Bhd (XKLS:03066) has a current Asset Turnover of 0.48. The current Asset Turnover is 0.48. Croesus IT Holdings Sdn Bhd's overall GF Score™ is 19/100 with 5 warning signs to review. 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 Croesus IT Holdings Sdn Bhd (XKLS:03066), the current Asset Turnover is 0.48 as of Dec. 2025. 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.

Croesus IT Holdings Sdn Bhd Business Description

Address Jalan SS2/72, 47300, No. 76/78, 3rd Floor, Wisma Hing, Petaling Jaya, SGR, MYS, 47300
Croesus IT Holdings Sdn Bhd is an investment holding company. The company, along with its subsidiaries, provides enterprise software solutions offering third party and proprietary enterprise software solutions, including software licensing, software customisation and maintenance, as well as providing a supply of hardware, hardware hosting and support. It derives the majority of its revenue from Professional services, which include IT consulting, training, system integration, software customisation and upgrade as well as software implementation of third party or proprietary enterprise software solutions. Geographically, the company generates the maximum revenue from Malaysia.
19GF Score

Get the complete analysis for XKLS:03066

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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