Polymer Link Holdings Bhd (XKLS:0381) Asset Turnover: 0.23 (As of Mar. 2026)


XKLS:0381 Polymer Link Holdings Bhd XKLS:0381
46 GF Score
Price RM0.15
! 6 Warning Signs
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What is Polymer Link Holdings Bhd Asset Turnover?

Polymer Link Holdings Bhd XKLS:0381 46 Asset Turnover is 0.23 as of Mar. 2026. GuruFocus rates XKLS:0381 with a GF Score™ of 46/100. The stock has 6 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. Polymer Link Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM38.5 Mil. Polymer Link Holdings Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM167.3 Mil. Therefore, Polymer Link Holdings Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Polymer Link Holdings Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 6.48%. It is also linked to ROA % through Du Pont Formula. Polymer Link Holdings Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 3.55%.


Polymer Link Holdings Bhd  (XKLS:0381) Asset Turnover Explanation

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

Polymer Link Holdings Bhd's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=5.936/91.584
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.936 / 154.068)*(154.068 / 167.348)*(167.348/ 91.584)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.85 %*0.9206*1.8273
=ROA %*Equity Multiplier
=3.55 %*1.8273
=6.48 %

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:

Polymer Link Holdings Bhd's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=5.936/167.348
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.936 / 154.068)*(154.068 / 167.348)
=Net Margin %*Asset Turnover
=3.85 %*0.9206
=3.55 %

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.


Polymer Link Holdings Bhd Asset Turnover Related Terms


Polymer Link Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Polymer Link 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.

Polymer Link Holdings Bhd Asset Turnover Chart

Polymer Link Holdings Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial 2.03 1.77 1.72 1.09 1.09

Polymer Link Holdings Bhd Quarterly Data
Sep15 Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep22 Sep23 Sep24 Dec24 Mar25 Jun25 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 0.21 0.00 0.23 0.19 0.23

XKLS:0381 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Polymer Link 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.


Polymer Link Holdings Bhd Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polymer Link Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0381
46GF Score
Polymer Link Holdings Bhd XKLS:0381
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Polymer Link Holdings Bhd Asset Turnover Calculation

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

Polymer Link Holdings Bhd's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=145.36/( (120.922+144.769)/ 2 )
=145.36/132.8455
=1.09

Polymer Link Holdings 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 )
=38.517/( (166.717+167.979)/ 2 )
=38.517/167.348
=0.23

* 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 0.23 mean?
Polymer Link Holdings Bhd (XKLS:0381) has a Asset Turnover of 0.23 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Polymer Link Holdings Bhd and its competitors.
Is Polymer Link Holdings Bhd's Asset Turnover too high?
Polymer Link Holdings Bhd's current Asset Turnover is 0.23. Overall, Polymer Link Holdings Bhd has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Polymer Link Holdings Bhd's Asset Turnover compare to LIN and SHW?
Polymer Link Holdings Bhd's Asset Turnover of 0.23 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Polymer Link Holdings Bhd and its competitors. Polymer Link Holdings Bhd's current Asset Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polymer Link Holdings Bhd stock overvalued right now?
Polymer Link Holdings Bhd (XKLS:0381) has a current Asset Turnover of 0.23. The current Asset Turnover is 0.23. Polymer Link Holdings Bhd's overall GF Score™ is 46/100 with 6 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 Polymer Link Holdings Bhd (XKLS:0381), the current Asset Turnover is 0.23 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.

Polymer Link Holdings Bhd Business Description

Address Jalan Tun Perak 1/KU16, Lot 99045, Perdana Industrial Park, Pelabuhan Klang, SGR, MYS, 42000
Polymer Link Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally engaged in the manufacturing and supply of plastic materials to customers across a wide range of industries and international markets. The company's Business segments are: i) Manufacturing: Manufacturing of compounded plastic powder and non-compounded plastic powder, ii) Trading: Trading and servicing of air compressors systems, iii) Investment holding and others: Others include the trading of premium grade lubricants. The majority of the company's revenue is derived from the Manufacturing segment. Geographically, the company's principal markets are the Philippines, India, Malaysia and Australia, with the maximum revenue generated from Philippines.
46GF Score

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

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