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Feytech Holdings Bhd (XKLS:5322) Asset Turnover : 0.10 (As of Dec. 2024)


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What is Feytech 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. Feytech Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM33.2 Mil. Feytech Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM327.3 Mil. Therefore, Feytech Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Feytech Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 11.22%. It is also linked to ROA % through Du Pont Formula. Feytech Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 8.64%.


Feytech Holdings Bhd Asset Turnover Historical Data

The historical data trend for Feytech 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.

Feytech Holdings Bhd Asset Turnover Chart

Feytech Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
0.81 0.81 0.98 0.97 0.72

Feytech Holdings Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial - - 0.23 0.15 0.10

Competitive Comparison of Feytech Holdings Bhd's Asset Turnover

For the Auto Parts subindustry, Feytech 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.


Feytech Holdings Bhd's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Feytech Holdings Bhd's Asset Turnover distribution charts can be found below:

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


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Feytech Holdings Bhd Asset Turnover Calculation

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

Feytech 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 )
=220.985/( (290.665+321.176)/ 2 )
=220.985/305.9205
=0.72

Feytech 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 )
=33.17/( (333.388+321.176)/ 2 )
=33.17/327.282
=0.10

* 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.


Feytech Holdings Bhd  (XKLS:5322) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=28.28/252.071
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(28.28 / 132.68)*(132.68 / 327.282)*(327.282/ 252.071)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.31 %*0.4054*1.2984
=ROA %*Equity Multiplier
=8.64 %*1.2984
=11.22 %

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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=28.28/327.282
=(Net Income / Revenue)*(Revenue / Total Assets)
=(28.28 / 132.68)*(132.68 / 327.282)
=Net Margin %*Asset Turnover
=21.31 %*0.4054
=8.64 %

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.


Feytech Holdings Bhd Asset Turnover Related Terms

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Feytech Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Bayu 2/6, Kawasan Perindustrian Tampoi Jaya, Johor Darul Ta'zim, Bahru, JHR, MYS, 81200
Feytech Holdings Bhd Is an holding company. Through its subsidiaries, it is engaged in automotive cover manufacturer and automotive seat manufacturer based in Malaysia. It manufacture automotive covers for the OEM market segment that comprises automotive vehicle such as Mazda Malaysia (for Mazda 3, CX-5, CX-8 and CX-30 car models) and Kia Malaysia (for Kia Carnival and Sorento car models), as well as Tier 1 automotive seat and/or interior part manufacturers which serve automotive vehicle OEMs for brands such as Local OEM, Mazda and Hyundai.

Feytech Holdings Bhd Headlines

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