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Sarawak Cable Bhd (XKLS:5170) Asset Turnover : 0.04 (As of Nov. 2024)


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What is Sarawak Cable 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. Sarawak Cable Bhd's Revenue for the three months ended in Nov. 2024 was RM2.62 Mil. Sarawak Cable Bhd's Total Assets for the quarter that ended in Nov. 2024 was RM62.07 Mil. Therefore, Sarawak Cable Bhd's Asset Turnover for the quarter that ended in Nov. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Sarawak Cable Bhd's annualized ROE % for the quarter that ended in Nov. 2024 was 13.76%. It is also linked to ROA % through Du Pont Formula. Sarawak Cable Bhd's annualized ROA % for the quarter that ended in Nov. 2024 was -83.58%.


Sarawak Cable Bhd Asset Turnover Historical Data

The historical data trend for Sarawak Cable 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.

Sarawak Cable Bhd Asset Turnover Chart

Sarawak Cable Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 May23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.76 0.82 0.72 0.86

Sarawak Cable Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 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 0.18 0.23 0.18 0.01 0.04

Competitive Comparison of Sarawak Cable Bhd's Asset Turnover

For the Electrical Equipment & Parts subindustry, Sarawak Cable 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.


Sarawak Cable Bhd's Asset Turnover Distribution in the Industrial Products Industry

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

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


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Sarawak Cable Bhd Asset Turnover Calculation

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

Sarawak Cable Bhd's Asset Turnover for the fiscal year that ended in May. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: May. 2023 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: May. 2023 ))/ count )
=547.895/( (749.37+522.198)/ 2 )
=547.895/635.784
=0.86

Sarawak Cable 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 )
=2.622/( (62.066+0)/ 1 )
=2.622/62.066
=0.04

* 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.


Sarawak Cable Bhd  (XKLS:5170) Asset Turnover Explanation

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

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

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-51.872/-377.083
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-51.872 / 10.488)*(10.488 / 62.066)*(62.066/ -377.083)
=Net Margin %*Asset Turnover*Equity Multiplier
=-494.58 %*0.169*-0.1646
=ROA %*Equity Multiplier
=-83.58 %*-0.1646
=13.76 %

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:

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

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=-51.872/62.066
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-51.872 / 10.488)*(10.488 / 62.066)
=Net Margin %*Asset Turnover
=-494.58 %*0.169
=-83.58 %

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.


Sarawak Cable Bhd Asset Turnover Related Terms

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Sarawak Cable Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 767, Block 8, Jalan Bako, Muara Tebas Land District, Demak Laut Industrial Estate Phase III, Kuching, SWK, MYS, 93050
Sarawak Cable Bhd is a Malaysian based company. Together with its subsidiaries, the company manufactures cables and wires. It operates in four segments The Sale of power cables and conductors segment supplies power cables and conductors components, Sale of galvanized steel products, and steel structures segment supplies galvanized steel products and steel structures and galvanizing services. The transmission lines construction segment involves supply, installation, and commissioning of transmission line projects. And the corporate segment is involved in Group-level corporate and management services. The Sale of power cables and conductors segment is the key revenue generator for the group.

Sarawak Cable Bhd Headlines

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