SkyeChip Bhd (XKLS:5357) Asset Turnover: 1.10 (As of Mar. 2025)


XKLS:5357 SkyeChip Bhd XKLS:5357
19 GF Score
Price RM3.03
! 1 Warning Sign
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What is SkyeChip Bhd Asset Turnover?

SkyeChip Bhd XKLS:5357 +2.02% 19 Asset Turnover is 1.10 as of Mar. 2025. GuruFocus rates XKLS:5357 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SkyeChip Bhd's Revenue for the six months ended in Mar. 2025 was RM119.5 Mil. SkyeChip Bhd's Total Assets for the quarter that ended in Mar. 2025 was RM108.9 Mil. Therefore, SkyeChip Bhd's Asset Turnover for the quarter that ended in Mar. 2025 was 1.10.

Asset Turnover is linked to ROE % through Du Pont Formula. SkyeChip Bhd's annualized ROE % for the quarter that ended in Mar. 2025 was 76.70%. It is also linked to ROA % through Du Pont Formula. SkyeChip Bhd's annualized ROA % for the quarter that ended in Mar. 2025 was 65.99%.

SkyeChip Bhd  (XKLS:5357) Asset Turnover Explanation

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

SkyeChip Bhd's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=71.886/93.7285
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(71.886 / 239.006)*(239.006 / 108.9295)*(108.9295/ 93.7285)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.08 %*2.1941*1.1622
=ROA %*Equity Multiplier
=65.99 %*1.1622
=76.70 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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:

SkyeChip Bhd's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=71.886/108.9295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(71.886 / 239.006)*(239.006 / 108.9295)
=Net Margin %*Asset Turnover
=30.08 %*2.1941
=65.99 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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.

SkyeChip Bhd Asset Turnover Related Terms

SkyeChip Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for SkyeChip 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.

SkyeChip Bhd Asset Turnover Chart

SkyeChip Bhd Annual Data
Trend Mar23 Mar24 Mar25
Asset Turnover
0.84 1.01 1.10

SkyeChip Bhd Semi-Annual Data
Mar23 Mar24 Mar25
Asset Turnover 0.84 1.01 1.10

XKLS:5357 vs NVDA, AVGO, MU: Asset Turnover Comparison

For the Semiconductors subindustry, SkyeChip 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.

SkyeChip Bhd Asset Turnover vs Semiconductors Industry

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

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


XKLS:5357
19GF Score
SkyeChip Bhd XKLS:5357
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SkyeChip Bhd Asset Turnover Calculation

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

SkyeChip Bhd's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=119.503/( (83.914+133.945)/ 2 )
=119.503/108.9295
=1.10

SkyeChip Bhd's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=119.503/( (83.914+133.945)/ 2 )
=119.503/108.9295
=1.10

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 1.10 mean?
SkyeChip Bhd (XKLS:5357) has a Asset Turnover of 1.10 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SkyeChip Bhd and its competitors.
Is SkyeChip Bhd's Asset Turnover too high?
SkyeChip Bhd's current Asset Turnover is 1.10. Overall, SkyeChip Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does SkyeChip Bhd's Asset Turnover compare to NVDA and AVGO?
SkyeChip Bhd's Asset Turnover of 1.10 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Semiconductors company?
A good Asset Turnover depends on the Semiconductors industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SkyeChip Bhd and its competitors. SkyeChip Bhd's current Asset Turnover is 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SkyeChip Bhd stock overvalued right now?
SkyeChip Bhd (XKLS:5357) has a current Asset Turnover of 1.10. The current Asset Turnover is 1.10. SkyeChip Bhd's overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For SkyeChip Bhd (XKLS:5357), the current Asset Turnover is 1.10 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SkyeChip Bhd Business Description

Address 1-18-12 Suntech, Penang Cybercity, Lintang Mayang Pasir 3, Bayan Baru, PNG, MYS, 11950
SkyeChip Bhd is principally involved in IC design specialising in silicon IPs and silicon products including custom ASIC. It provides licensable silicon IPs to the customers to integrate into their IC products. The company also designs and develops custom ASIC products tailored to meet specific customer requirements, delivering semiconductor chips that are optimised for a specific application rather than for general-purpose use. The company has only one reportable business segment which relates principally to the provision of semiconductor intellectual property, integrated circuit manufacturing, software design and development and engineering consultation. Its geographical segments include Malaysia and Singapore, with the majority of revenue generated from Malaysia.
19GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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