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Zhulian Bhd (XKLS:5131) Asset Turnover : 0.07 (As of Nov. 2024)


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What is Zhulian 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. Zhulian Bhd's Revenue for the three months ended in Nov. 2024 was RM31.9 Mil. Zhulian Bhd's Total Assets for the quarter that ended in Nov. 2024 was RM463.4 Mil. Therefore, Zhulian Bhd's Asset Turnover for the quarter that ended in Nov. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Zhulian Bhd's annualized ROE % for the quarter that ended in Nov. 2024 was 6.24%. It is also linked to ROA % through Du Pont Formula. Zhulian Bhd's annualized ROA % for the quarter that ended in Nov. 2024 was 5.75%.


Zhulian Bhd Asset Turnover Historical Data

The historical data trend for Zhulian 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.

Zhulian Bhd Asset Turnover Chart

Zhulian Bhd Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.24 0.24 0.25 0.26

Zhulian Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.06 0.06 0.07 0.07 0.07

Competitive Comparison of Zhulian Bhd's Asset Turnover

For the Luxury Goods subindustry, Zhulian 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.


Zhulian Bhd's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhulian Bhd's Asset Turnover distribution charts can be found below:

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



Zhulian Bhd Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2024 )/( (Total Assets (A: Nov. 2023 )+Total Assets (A: Nov. 2024 ))/ count )
=126.164/( (503.275+462.555)/ 2 )
=126.164/482.915
=0.26

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=31.944/( (464.274+462.555)/ 2 )
=31.944/463.4145
=0.07

* 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.


Zhulian Bhd  (XKLS:5131) Asset Turnover Explanation

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

Zhulian Bhd's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=26.664/427.1495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.664 / 127.776)*(127.776 / 463.4145)*(463.4145/ 427.1495)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.87 %*0.2757*1.0849
=ROA %*Equity Multiplier
=5.75 %*1.0849
=6.24 %

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

Zhulian Bhd's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=26.664/463.4145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.664 / 127.776)*(127.776 / 463.4145)
=Net Margin %*Asset Turnover
=20.87 %*0.2757
=5.75 %

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


Zhulian Bhd Asset Turnover Related Terms

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Zhulian Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 42, Bayan Lepas Industrial Estate, Phase IV, Bayan Lepas, PNG, MYS, 11900
Zhulian Corp Bhd is an investment holding company engaged in Multi-Level Marketing, with diversified interests in the manufacturing and trading of costume and fine jewelry, consumer products, and printing. In addition, the company manufactures other products such as food and beverage products, nutritional health supplements, home technology products, and others. The group's operating segment is the manufacture and sale of costume jewelry and consumer products on a direct sales basis. The company has a presence in Malaysia, Thailand, Myanmar, and Indonesia and it generates a majority of its revenue from Thailand.

Zhulian Bhd Headlines

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