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CSC Steel Holdings Bhd (XKLS:5094) Asset Turnover : 0.36 (As of Dec. 2024)


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What is CSC Steel 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. CSC Steel Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM345 Mil. CSC Steel Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM965 Mil. Therefore, CSC Steel Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. CSC Steel Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 5.07%. It is also linked to ROA % through Du Pont Formula. CSC Steel Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 4.70%.


CSC Steel Holdings Bhd Asset Turnover Historical Data

The historical data trend for CSC Steel 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.

CSC Steel Holdings Bhd Asset Turnover Chart

CSC Steel Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.49 1.70 1.63 1.55

CSC Steel 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 0.38 0.41 0.37 0.41 0.36

Competitive Comparison of CSC Steel Holdings Bhd's Asset Turnover

For the Steel subindustry, CSC Steel 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.


CSC Steel Holdings Bhd's Asset Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CSC Steel Holdings Bhd's Asset Turnover distribution charts can be found below:

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


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CSC Steel Holdings Bhd Asset Turnover Calculation

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

CSC Steel Holdings Bhd's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1513.387/( (978.336+968.79)/ 2 )
=1513.387/973.563
=1.55

CSC Steel 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 )
=345.02/( (961.188+968.79)/ 2 )
=345.02/964.989
=0.36

* 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.


CSC Steel Holdings Bhd  (XKLS:5094) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=45.384/894.629
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(45.384 / 1380.08)*(1380.08 / 964.989)*(964.989/ 894.629)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.29 %*1.4302*1.0786
=ROA %*Equity Multiplier
=4.70 %*1.0786
=5.07 %

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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=45.384/964.989
=(Net Income / Revenue)*(Revenue / Total Assets)
=(45.384 / 1380.08)*(1380.08 / 964.989)
=Net Margin %*Asset Turnover
=3.29 %*1.4302
=4.70 %

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.


CSC Steel Holdings Bhd Asset Turnover Related Terms

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CSC Steel Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
180 Kawasan Industri Ayer Keroh, Ayer Keroh, MLA, MYS, 75450
CSC Steel Holdings Bhd is an investment holding company. The company 's principal business activities include the manufacturing and marketing of pickled and oiled steel, cold rolled steel, hot dipped galvanized steel commonly known as GI and pre-painted galvanised steel commonly known as PPGI or colour coated steel. Its business segments include Cold rolled and coated steel products and Investment holding. A vast majority of the revenue is generated from the Cold rolled and coated steel products segment. Its products include hot-rolled pickled and oiled steel, cold-rolled steel, hot-dipped galvanized steel, pre-painted galvanized steel, and Medium & High Carbon Steel. The company's product brands include Realzinc and Realcolor. The revenue comes from Malaysia.

CSC Steel Holdings Bhd Headlines

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