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AMMB Holdings Bhd (XKLS:1015) Asset Turnover : 0.01 (As of Dec. 2024)


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What is AMMB Holdings Bhd Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AMMB Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM1,217 Mil. AMMB Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM197,229 Mil. Therefore, AMMB Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. AMMB Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 9.72%. It is also linked to ROA % through Du Pont Formula. AMMB Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 0.99%.


AMMB Holdings Bhd Asset Turnover Historical Data

The historical data trend for AMMB 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.

* Premium members only.

AMMB Holdings Bhd Asset Turnover Chart

AMMB Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.02 0.02 0.02

AMMB Holdings Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of AMMB Holdings Bhd's Asset Turnover

For the Banks - Regional subindustry, AMMB 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.


AMMB Holdings Bhd's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AMMB Holdings Bhd's Asset Turnover distribution charts can be found below:

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


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AMMB Holdings Bhd Asset Turnover Calculation

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

AMMB Holdings Bhd's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=4533.654/( (197429.941+196763.753)/ 2 )
=4533.654/197096.847
=0.02

AMMB Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1216.816/( (196945.874+197512.495)/ 2 )
=1216.816/197229.1845
=0.01

* 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.


AMMB Holdings Bhd  (XKLS:1015) Asset Turnover Explanation

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

AMMB Holdings Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1945.956/20020.429
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1945.956 / 4867.264)*(4867.264 / 197229.1845)*(197229.1845/ 20020.429)
=Net Margin %*Asset Turnover*Equity Multiplier
=39.98 %*0.0247*9.8514
=ROA %*Equity Multiplier
=0.99 %*9.8514
=9.72 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

AMMB Holdings Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1945.956/197229.1845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1945.956 / 4867.264)*(4867.264 / 197229.1845)
=Net Margin %*Asset Turnover
=39.98 %*0.0247
=0.99 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


AMMB Holdings Bhd Asset Turnover Related Terms

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AMMB Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Jalan Raja Chulan, 22nd Floor, Bangunan AmBank Group, Kuala Lumpur, SGR, MYS, 50200
AMMB Holdings Bhd is a provider of banking and financial services in Malaysia through its subsidiaries: AmBank and AmBank Islamic. The bank's substantial segment which contributes the vast majority of revenue, is retail banking. The retail banking segment provides individuals and small businesses with services such as credit, auto financing, mortgages, credit cards, capital financing, personal loans, deposits, current accounts, and savings accounts. The wholesale banking business engages with corporate finance and advisory services, restructuring, security issuance, futures market services, stockbroking, and derivatives services. The insurance division offers life and general insurance products via its partnership with MetLife International. Investment banking, Fund management.

AMMB Holdings Bhd Headlines

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