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FoundPac Group Bhd (XKLS:5277) Asset Turnover : 0.15 (As of Sep. 2024)


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What is FoundPac Group 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. FoundPac Group Bhd's Revenue for the three months ended in Sep. 2024 was RM17.80 Mil. FoundPac Group Bhd's Total Assets for the quarter that ended in Sep. 2024 was RM121.22 Mil. Therefore, FoundPac Group Bhd's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. FoundPac Group Bhd's annualized ROE % for the quarter that ended in Sep. 2024 was 5.43%. It is also linked to ROA % through Du Pont Formula. FoundPac Group Bhd's annualized ROA % for the quarter that ended in Sep. 2024 was 4.81%.


FoundPac Group Bhd Asset Turnover Historical Data

The historical data trend for FoundPac Group 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.

FoundPac Group Bhd Asset Turnover Chart

FoundPac Group 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 0.52 0.45 0.60 0.59 0.53

FoundPac Group 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 0.14 0.13 0.12 0.14 0.15

Competitive Comparison of FoundPac Group Bhd's Asset Turnover

For the Semiconductor Equipment & Materials subindustry, FoundPac Group 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.


FoundPac Group Bhd's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FoundPac Group Bhd's Asset Turnover distribution charts can be found below:

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



FoundPac Group Bhd Asset Turnover Calculation

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

FoundPac Group 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 )
=64.152/( (122.526+120.564)/ 2 )
=64.152/121.545
=0.53

FoundPac Group 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 )
=17.798/( (120.564+121.875)/ 2 )
=17.798/121.2195
=0.15

* 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.


FoundPac Group Bhd  (XKLS:5277) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=5.828/107.38
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.828 / 71.192)*(71.192 / 121.2195)*(121.2195/ 107.38)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.19 %*0.5873*1.1289
=ROA %*Equity Multiplier
=4.81 %*1.1289
=5.43 %

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:

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

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=5.828/121.2195
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.828 / 71.192)*(71.192 / 121.2195)
=Net Margin %*Asset Turnover
=8.19 %*0.5873
=4.81 %

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.


FoundPac Group Bhd Asset Turnover Related Terms

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FoundPac Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 35, Hilir Sungai Keluang 2, Bayan Lepas Industrial Estate, Non-Free Industrial Zone Phase IV, Bayan Lepas, PNG, MYS, 11900
FoundPac Group Bhd is a Malaysia-based Investment holding company. The company along with its subsidiaries, operates in four segments that include Precision engineering, Automation, Cables and connectors, and Laser stencils. The majority of its revenue is generated from the Precision engineering segment which is engaged in the design, manufacture, and market of stiffeners, test sockets, hand lids, and related accessories. Geographically, the company derives its maximum revenue from Malaysia, and the rest from North America, Other Asian countries, Europe, and other regions.

FoundPac Group Bhd Headlines

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