Carlo Rino Group Bhd (XKLS:0335) Asset Turnover: 0.16 (As of Mar. 2026)


XKLS:0335 Carlo Rino Group Bhd XKLS:0335
60 GF Score
Price RM0.20
GF Value RM0.28
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Carlo Rino Group Bhd Asset Turnover?

Carlo Rino Group Bhd XKLS:0335 60 Asset Turnover is 0.16 as of Mar. 2026. GuruFocus rates XKLS:0335 with a GF Score™ of 60/100 and a GF Value™ of RM0.28 (Significantly Undervalued). The stock has 4 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. Carlo Rino Group Bhd's Revenue for the three months ended in Mar. 2026 was RM30.63 Mil. Carlo Rino Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM191.07 Mil. Therefore, Carlo Rino Group Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Carlo Rino Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 13.67%. It is also linked to ROA % through Du Pont Formula. Carlo Rino Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 11.45%.

Carlo Rino Group Bhd  (XKLS:0335) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=21.88/160.041
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(21.88 / 122.5)*(122.5 / 191.067)*(191.067/ 160.041)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.86 %*0.6411*1.1939
=ROA %*Equity Multiplier
=11.45 %*1.1939
=13.67 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=21.88/191.067
=(Net Income / Revenue)*(Revenue / Total Assets)
=(21.88 / 122.5)*(122.5 / 191.067)
=Net Margin %*Asset Turnover
=17.86 %*0.6411
=11.45 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.

Carlo Rino Group Bhd Asset Turnover Related Terms

Carlo Rino Group Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Carlo Rino 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.

Carlo Rino Group Bhd Asset Turnover Chart

Carlo Rino Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.82 0.80 0.70 0.57

Carlo Rino Group Bhd Quarterly Data
Mar18 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.16 0.10 0.11 0.13 0.16

XKLS:0335 vs NKE, DECK, ONON: Asset Turnover Comparison

For the Footwear & Accessories subindustry, Carlo Rino 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.

Carlo Rino Group Bhd Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Carlo Rino Group Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0335
60GF Score
Carlo Rino Group Bhd XKLS:0335
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlo Rino Group Bhd Asset Turnover Calculation

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

Carlo Rino Group Bhd's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=98.869/( (150.098+194.388)/ 2 )
=98.869/172.243
=0.57

Carlo Rino 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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=30.625/( (192.018+190.116)/ 2 )
=30.625/191.067
=0.16

* 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 0.16 mean?
Carlo Rino Group Bhd (XKLS:0335) has a Asset Turnover of 0.16 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Carlo Rino Group Bhd and its competitors.
Is Carlo Rino Group Bhd's Asset Turnover too high?
Carlo Rino Group Bhd's current Asset Turnover is 0.16. Overall, Carlo Rino Group Bhd has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Rino Group Bhd's Asset Turnover compare to NKE and DECK?
Carlo Rino Group Bhd's Asset Turnover of 0.16 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Carlo Rino Group Bhd and its competitors. Carlo Rino Group Bhd's current Asset Turnover is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Rino Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Carlo Rino Group Bhd (XKLS:0335) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.28, compared to a current price of RM0.20 — trading 30.4% below its estimated fair value. The current Asset Turnover is 0.16. Carlo Rino Group Bhd's overall GF Score™ is 60/100 with 4 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 Carlo Rino Group Bhd (XKLS:0335), the current Asset Turnover is 0.16 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.

Is Carlo Rino Group Bhd (XKLS:0335) Overvalued in 2026?

Based on GuruFocus' analysis, Carlo Rino Group Bhd stock appears to be undervalued. The current stock price of RM0.20 is trading 30.4% below its estimated GF Value™ of RM0.28. GuruFocus considers Carlo Rino Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:0335:

  • Asset Turnover: 0.16
  • GF Value™: RM0.28 vs. price of RM0.20 (30.4% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the XKLS:0335 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Carlo Rino Group Bhd Business Description

Address Jalan Cerdas, No. 160, L2-05, 2nd Floor, Ikon Connaught, Taman Connaught, Wilayah Persekutuan, Kuala Lumpur, MYS, 56000
Carlo Rino Group Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the business of designing, promoting, marketing, distributing, and retailing women's handbags, footwear, and accessories. Its product portfolio comprises sunglasses, perfumes, wallets, shoes, bags, keychains, hats, and other accessories, which are marketed under the Carlo Rino brand. The group is also involved in property development and property investment; investment holdings of securities; and provision of management services. Its reportable segments are: Retailing, which derives maximum revenue, and Investment and management services. The business activities of the group are predominantly located in Malaysia.
60GF Score

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

RM0.20
Price
RM0.28
GF Value