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Insas Bhd (XKLS:3379) Asset Turnover : 0.02 (As of Sep. 2024)


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What is Insas 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. Insas Bhd's Revenue for the three months ended in Sep. 2024 was RM55.8 Mil. Insas Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM3,153.2 Mil. Therefore, Insas Bhd's Asset Turnover for the quarter that ended in Sep. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Insas Bhd's annualized ROE % for the quarter that ended in Sep. 2024 was 4.22%. It is also linked to ROA % through Du Pont Formula. Insas Bhd's annualized ROA % for the quarter that ended in Sep. 2024 was 3.24%.


Insas Bhd Asset Turnover Historical Data

The historical data trend for Insas 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.

Insas Bhd Asset Turnover Chart

Insas Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.12 0.08 0.08 0.08

Insas Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Insas Bhd's Asset Turnover

For the Capital Markets subindustry, Insas 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.


Insas Bhd's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Insas Bhd's Asset Turnover distribution charts can be found below:

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



Insas Bhd Asset Turnover Calculation

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

Insas Bhd's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=253.249/( (3031.362+3130.144)/ 2 )
=253.249/3080.753
=0.08

Insas Bhd's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=55.823/( (3130.144+3176.306)/ 2 )
=55.823/3153.225
=0.02

* 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.


Insas Bhd  (XKLS:3379) Asset Turnover Explanation

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

Insas Bhd's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=102.124/2422.171
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(102.124 / 223.292)*(223.292 / 3153.225)*(3153.225/ 2422.171)
=Net Margin %*Asset Turnover*Equity Multiplier
=45.74 %*0.0708*1.3018
=ROA %*Equity Multiplier
=3.24 %*1.3018
=4.22 %

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

Insas Bhd's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=102.124/3153.225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(102.124 / 223.292)*(223.292 / 3153.225)
=Net Margin %*Asset Turnover
=45.74 %*0.0708
=3.24 %

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


Insas Bhd Asset Turnover Related Terms

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Insas Bhd Business Description

Traded in Other Exchanges
Address
Lingkaran Syed Putra, Suite 23.02, Level 23, The Gardens South Tower, Mid Valley City, Kuala Lumpur, MYS, 59200
Insas Bhd is engaged in several business segments, which include stockbroking, provisioning of corporate finance and advisory services, structured finance, and the provision of Fund management services (Financial Services); investment holding and trading; Technology and IT-related services (Technology); manufacturing and distribution of consumer products and services, retail trading and car rental; and Property investment and development. Maximum revenue for the company is generated from its Investment holding and trading segment which is engaged in investment holding and trading of quoted securities and other related financial instruments, and provision of management services. Geographically, it derives key revenue from Malaysia and the rest from Singapore and other countries.

Insas Bhd Headlines

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