Kuchai Development Bhd (XKLS:2186) Asset Turnover: 0.01 (As of Sep. 2025)

What is Kuchai Development Bhd Asset Turnover?

Kuchai Development Bhd XKLS:2186 Asset Turnover is 0.01 as of Sep. 2025. 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. Kuchai Development Bhd's Revenue for the three months ended in Sep. 2025 was RM0.46 Mil. Kuchai Development Bhd's Total Assets for the quarter that ended in Sep. 2025 was RM65.77 Mil. Therefore, Kuchai Development Bhd's Asset Turnover for the quarter that ended in Sep. 2025 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Kuchai Development Bhd's annualized ROE % for the quarter that ended in Sep. 2025 was -0.32%. It is also linked to ROA % through Du Pont Formula. Kuchai Development Bhd's annualized ROA % for the quarter that ended in Sep. 2025 was -0.32%.

Kuchai Development Bhd (XKLS:2186) Asset Turnover Explanation

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

Kuchai Development Bhd's annulized ROE % for the quarter that ended in Sep. 2025 is

	ROE %^**		(Q: Sep. 2025 )
=	Net Income	/	Total Stockholders Equity
=	-0.208	/	64.0225
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-0.208 / 1.848)	*	(1.848 / 65.773)	*	(65.773/ 64.0225)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	-11.26 %	*	0.0281	*	1.0273
=	ROA %	*	Equity Multiplier
=	-0.32 %	*	1.0273
=	-0.32 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Kuchai Development Bhd's annulized ROA % for the quarter that ended in Sep. 2025 is

	ROA %		(Q: Sep. 2025 )
=	Net Income	/	Total Assets
=	-0.208	/	65.773
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-0.208 / 1.848)	*	(1.848 / 65.773)
=	Net Margin %	*	Asset Turnover
=	-11.26 %	*	0.0281
=	-0.32 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 2025) revenue data.

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.

Kuchai Development Bhd Asset Turnover Related Terms

Kuchai Development Bhd Asset Turnover Historical Data

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The historical data trend for Kuchai Development Bhd's Asset Turnover can be seen below:

Kuchai Development Bhd Asset Turnover Chart

Kuchai Development Bhd Annual Data

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Asset Turnover

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0.02

Kuchai Development Bhd Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
Asset Turnover	Get a 7-Day Free Trial															0.01	0.00	0.01	0.01	0.01

XKLS:2186 vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Kuchai Development 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.

Kuchai Development Bhd Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuchai Development Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kuchai Development Bhd's Asset Turnover falls into.

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Kuchai Development Bhd Asset Turnover Calculation

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

Kuchai Development 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 )
=	4.863	/	( (445.142	+	65.82)	/ 2 )
=	4.863	/	255.481
=	0.02

Kuchai Development Bhd's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Sep. 2025 )	/	( (Total Assets (Q: Jun. 2025 )	+	Total Assets (Q: Sep. 2025 ))	/ count )
=	0.462	/	( (65.82	+	65.726)	/ 2 )
=	0.462	/	65.773
=	0.01

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 0.01 mean?

Kuchai Development Bhd (XKLS:2186) has a Asset Turnover of 0.01 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kuchai Development Bhd and its competitors.

Is Kuchai Development Bhd's Asset Turnover too high?

Kuchai Development Bhd's current Asset Turnover is 0.01.

How does Kuchai Development Bhd's Asset Turnover compare to BLK and BX?

Kuchai Development Bhd's Asset Turnover of 0.01 can be compared against companies in the Asset Management 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 Asset Management company?

A good Asset Turnover depends on the Asset Management 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 Kuchai Development Bhd and its competitors. Kuchai Development Bhd's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kuchai Development Bhd stock overvalued right now?

Kuchai Development Bhd (XKLS:2186) has a current Asset Turnover of 0.01. The stock's GF Value™ is RM0.09, compared to a current price of RM0.03 — trading 66.7% below its estimated fair value. The current Asset Turnover is 0.01. 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 Kuchai Development Bhd (XKLS:2186), the current Asset Turnover is 0.01 as of Sep. 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.

Kuchai Development Bhd Business Description

Industry Financial Services Asset Management

Comparable Companies XKLS:0150 BLK BX OSTO:INVE A KKR TSX:BN TSX:BAM APO OSTO:EQT AMP LSE:III XSWX:PGHN STT ARES RJF NTRS TROW CG PSLV OSTO:INDU A

Address Jalan Ibrahim, 8F, 8th Floor, Foh Chong Building, Johor Bahru, JHR, MYS, 80000

Website https://www.kuchaidevelopment.com

Kuchai Development Bhd is a Malaysia-based company that is principally engaged in investment holdings and rental of property. Its investment holdings consist of holdings in domestic and foreign listed equity securities, investment funds, and selected physical commodities. The properties of the company include eight acres of land in Malaysia and a shop-house at Emerald Hill Road, Singapore. It generates revenue in the form of dividend income, rental income, and interest income. Geographically, the derives maximum revenue from its investments in Singapore and the rest from Malaysia.