Zecon Bhd (XKLS:7028) Asset Turnover: 0.01 (As of Mar. 2026)


XKLS:7028 Zecon Bhd XKLS:7028
31 GF Score
Price RM0.46
! 7 Warning Signs
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What is Zecon Bhd Asset Turnover?

Zecon Bhd XKLS:7028 31 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates XKLS:7028 with a GF Score™ of 31/100. The stock has 7 warning signs 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. Zecon Bhd's Revenue for the three months ended in Mar. 2026 was RM15.1 Mil. Zecon Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM1,722.8 Mil. Therefore, Zecon Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Zecon Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -1.50%. It is also linked to ROA % through Du Pont Formula. Zecon Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was -0.25%.

Zecon Bhd  (XKLS:7028) Asset Turnover Explanation

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

Zecon Bhd's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-4.352/290.926
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4.352 / 60.328)*(60.328 / 1722.7935)*(1722.7935/ 290.926)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.21 %*0.035*5.9218
=ROA %*Equity Multiplier
=-0.25 %*5.9218
=-1.50 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Zecon Bhd's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-4.352/1722.7935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.352 / 60.328)*(60.328 / 1722.7935)
=Net Margin %*Asset Turnover
=-7.21 %*0.035
=-0.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.

Zecon Bhd Asset Turnover Related Terms

Zecon Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Zecon 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.

Zecon Bhd Asset Turnover Chart

Zecon Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.05 0.05 0.04 0.06

Zecon Bhd Quarterly Data
Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.01 0.03 0.01

XKLS:7028 vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Zecon 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.

Zecon Bhd Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Zecon Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:7028
31GF Score
Zecon Bhd XKLS:7028
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zecon Bhd Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=102.464/( (1657.965+1727.303)/ 2 )
=102.464/1692.634
=0.06

Zecon Bhd's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=15.082/( (1727.303+1718.284)/ 2 )
=15.082/1722.7935
=0.01

* 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 0.01 mean?
Zecon Bhd (XKLS:7028) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Zecon Bhd and its competitors.
Is Zecon Bhd's Asset Turnover too high?
Zecon Bhd's current Asset Turnover is 0.01. Overall, Zecon Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Zecon Bhd's Asset Turnover compare to PWR and FIX?
Zecon Bhd's Asset Turnover of 0.01 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Zecon Bhd and its competitors. Zecon Bhd's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zecon Bhd stock overvalued right now?
Zecon Bhd (XKLS:7028) has a current Asset Turnover of 0.01. The current Asset Turnover is 0.01. Zecon Bhd's overall GF Score™ is 31/100 with 7 warning signs 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 Zecon Bhd (XKLS:7028), the current Asset Turnover is 0.01 as of Mar. 2026. 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.

Zecon Bhd Business Description

Address Jalan Satok, Menara Zecon, Number 92, Lot 393, 8th Floor, Section 5 KTLD, Kuching, SWK, MYS, 93400
Zecon Bhd provides civil engineering and building construction services. The company operates through the following business segments: Construction, Property Development, Service Concession, Property Holding, Renewable Energy, Hotel Operations, Car Park Management, and Others. The Construction segment engages in piling works, foundation engineering, and building construction. The Property Development segment engages in property holding and development. The Service Concession segment engages in the construction, operation, and maintenance of the hospital. The Other segment engages in management services. The firm derives the majority of its revenue from the Service concession segment.
31GF Score

Get the complete analysis for XKLS:7028

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

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