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South Malaysia Industries Bhd (XKLS:4375) Asset Turnover : 0.05 (As of Dec. 2024)


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What is South Malaysia Industries 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. South Malaysia Industries Bhd's Revenue for the three months ended in Dec. 2024 was RM7.56 Mil. South Malaysia Industries Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM151.00 Mil. Therefore, South Malaysia Industries Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. South Malaysia Industries Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was -5.90%. It is also linked to ROA % through Du Pont Formula. South Malaysia Industries Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was -4.96%.


South Malaysia Industries Bhd Asset Turnover Historical Data

The historical data trend for South Malaysia Industries 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.

South Malaysia Industries Bhd Asset Turnover Chart

South Malaysia Industries Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.32 0.26 0.27 0.21

South Malaysia Industries Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 0.05 0.05 0.06 0.05 0.05

Competitive Comparison of South Malaysia Industries Bhd's Asset Turnover

For the Electrical Equipment & Parts subindustry, South Malaysia Industries 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.


South Malaysia Industries Bhd's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, South Malaysia Industries Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where South Malaysia Industries Bhd's Asset Turnover falls into.


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South Malaysia Industries Bhd Asset Turnover Calculation

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

South Malaysia Industries 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: Dec. 2021 )+Total Assets (A: Jun. 2024 ))/ count )
=34.448/( (177.502+155.694)/ 2 )
=34.448/166.598
=0.21

South Malaysia Industries 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 )
=7.557/( (152.088+149.917)/ 2 )
=7.557/151.0025
=0.05

* 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.


South Malaysia Industries Bhd  (XKLS:4375) Asset Turnover Explanation

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

South Malaysia Industries Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-7.492/127.043
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.492 / 30.228)*(30.228 / 151.0025)*(151.0025/ 127.043)
=Net Margin %*Asset Turnover*Equity Multiplier
=-24.78 %*0.2002*1.1886
=ROA %*Equity Multiplier
=-4.96 %*1.1886
=-5.90 %

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:

South Malaysia Industries Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-7.492/151.0025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.492 / 30.228)*(30.228 / 151.0025)
=Net Margin %*Asset Turnover
=-24.78 %*0.2002
=-4.96 %

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.


South Malaysia Industries Bhd Asset Turnover Related Terms

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South Malaysia Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Lorong P. Ramlee, 13th Floor, Menara SMI, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50250
South Malaysia Industries Bhd is a Malaysia-based company, which is engaged in property and investment holding, trading, property development, and provision of management services. Its operating segments cover Property development, Property and investment holding, and Manufacturing and trading. The Property Development segment is engaged in the development and sale of residential and commercial properties. The Property and Investment holding segment is engaged in investment in properties, car park management, and operations, and holding companies. The Manufacturing and trading segment is engaged in the manufacturing and trading of assorted wires, and it generates the majority of revenue. Geographically the group operates only in Malaysia.

South Malaysia Industries Bhd Headlines

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