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Crescendo Bhd (XKLS:6718) Asset Turnover : 0.04 (As of Jan. 2025)


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What is Crescendo 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. Crescendo Bhd's Revenue for the three months ended in Jan. 2025 was RM71 Mil. Crescendo Bhd's Total Assets for the quarter that ended in Jan. 2025 was RM2,033 Mil. Therefore, Crescendo Bhd's Asset Turnover for the quarter that ended in Jan. 2025 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Crescendo Bhd's annualized ROE % for the quarter that ended in Jan. 2025 was 0.97%. It is also linked to ROA % through Du Pont Formula. Crescendo Bhd's annualized ROA % for the quarter that ended in Jan. 2025 was 0.68%.


Crescendo Bhd Asset Turnover Historical Data

The historical data trend for Crescendo 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.

Crescendo Bhd Asset Turnover Chart

Crescendo Bhd Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.15 0.23 0.64

Crescendo Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.08 0.31 0.17 0.12 0.04

Competitive Comparison of Crescendo Bhd's Asset Turnover

For the Real Estate - Development subindustry, Crescendo 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.


Crescendo Bhd's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crescendo Bhd's Asset Turnover distribution charts can be found below:

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


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Crescendo Bhd Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2025 )/( (Total Assets (A: Jan. 2024 )+Total Assets (A: Jan. 2025 ))/ count )
=1151.043/( (1546.108+2027.107)/ 2 )
=1151.043/1786.6075
=0.64

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=71.068/( (2039.597+2027.107)/ 2 )
=71.068/2033.352
=0.03

* 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.


Crescendo Bhd  (XKLS:6718) Asset Turnover Explanation

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

Crescendo Bhd's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=13.768/1415.2255
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(13.768 / 284.272)*(284.272 / 2033.352)*(2033.352/ 1415.2255)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.84 %*0.1398*1.4368
=ROA %*Equity Multiplier
=0.68 %*1.4368
=0.97 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 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:

Crescendo Bhd's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=13.768/2033.352
=(Net Income / Revenue)*(Revenue / Total Assets)
=(13.768 / 284.272)*(284.272 / 2033.352)
=Net Margin %*Asset Turnover
=4.84 %*0.1398
=0.68 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


Crescendo Bhd Asset Turnover Related Terms

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Crescendo Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Jalan Wong Ah Fook, 18th Floor Public Bank Tower, Johor Bahru, JHR, MYS, 80000
Crescendo Corp Bhd through its subsidiaries is engaged in the development of industrial, residential, and commercial properties and letting of undeveloped and unsold properties; and building construction among others. Its main business segments are; Property development and construction; Manufacturing and trading; Property investment; and Services and others. The majority of the revenue is derived from the Property development and construction segment. The company operates only in Malaysia.

Crescendo Bhd Headlines

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