Kee Ming Group Bhd (XKLS:0392) Asset Turnover: 0.91 (As of Mar. 2026)


XKLS:0392 Kee Ming Group Bhd XKLS:0392
21 GF Score
Price RM1.76
! 3 Warning Signs
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What is Kee Ming Group Bhd Asset Turnover?

Kee Ming Group Bhd XKLS:0392 -2.22% 21 Asset Turnover is 0.91 as of Mar. 2026. GuruFocus rates XKLS:0392 with a GF Score™ of 21/100. The stock has 3 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. Kee Ming Group Bhd's Revenue for the six months ended in Mar. 2026 was RM99.9 Mil. Kee Ming Group Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM109.3 Mil. Therefore, Kee Ming Group Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.91.

Asset Turnover is linked to ROE % through Du Pont Formula. Kee Ming Group Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was 42.27%. It is also linked to ROA % through Du Pont Formula. Kee Ming Group Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was 21.02%.

Kee Ming Group Bhd  (XKLS:0392) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=22.97/54.3365
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22.97 / 199.732)*(199.732 / 109.297)*(109.297/ 54.3365)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.5 %*1.8274*2.0115
=ROA %*Equity Multiplier
=21.02 %*2.0115
=42.27 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=22.97/109.297
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22.97 / 199.732)*(199.732 / 109.297)
=Net Margin %*Asset Turnover
=11.5 %*1.8274
=21.02 %

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.

Kee Ming Group Bhd Asset Turnover Related Terms

Kee Ming Group Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kee Ming 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.

Kee Ming Group Bhd Asset Turnover Chart

Kee Ming Group Bhd Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
1.06 1.90 1.70 1.79

Kee Ming Group Bhd Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.00 0.90 0.83 0.68 0.91

XKLS:0392 vs GEV, ETN, PH: Asset Turnover Comparison

For the Specialty Industrial Machinery subindustry, Kee Ming 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.

Kee Ming Group Bhd Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kee Ming Group Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:0392
21GF Score
Kee Ming Group Bhd XKLS:0392
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kee Ming Group Bhd Asset Turnover Calculation

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

Kee Ming Group Bhd's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=151.494/( (51.121+118.638)/ 2 )
=151.494/84.8795
=1.78

Kee Ming 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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=99.866/( (99.956+118.638)/ 2 )
=99.866/109.297
=0.91

* 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 0.91 mean?
Kee Ming Group Bhd (XKLS:0392) has a Asset Turnover of 0.91 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kee Ming Group Bhd and its competitors.
Is Kee Ming Group Bhd's Asset Turnover too high?
Kee Ming Group Bhd's current Asset Turnover is 0.91. Overall, Kee Ming Group Bhd has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Kee Ming Group Bhd's Asset Turnover compare to GEV and ETN?
Kee Ming Group Bhd's Asset Turnover of 0.91 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Kee Ming Group Bhd and its competitors. Kee Ming Group Bhd's current Asset Turnover is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kee Ming Group Bhd stock overvalued right now?
Kee Ming Group Bhd (XKLS:0392) has a current Asset Turnover of 0.91. The current Asset Turnover is 0.91. Kee Ming Group Bhd's overall GF Score™ is 21/100 with 3 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 Kee Ming Group Bhd (XKLS:0392), the current Asset Turnover is 0.91 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.

Kee Ming Group Bhd Business Description

Address Jalan Pusat Perniagaan Falim 3, No. 19, 19A & 19B, Pusat Perniagaan Falim, Ipoh, PRK, MYS, 30200
Kee Ming Group Bhd is an investment holding company. The company, along with its subsidiaries, operates as a provider of mechanical and electrical (M&E) engineering solutions in Malaysia. Its business segments are: Provision of M&E engineering services that involves providing M&E engineering services for a wide range of facilities including residential, commercial and industrial developments, as well as other clean energy, public infrastructure and interconnection facilities; and Provision of maintenance and repair services that includes offering ongoing maintenance and repair services for M&E equipment and systems. The majority of the company's revenue is derived from the M&E engineering services segment. Geographically, it operates only in Malaysia.
21GF Score

Get the complete analysis for XKLS:0392

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

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