Wong Engineering Bhd (XKLS:7050) Asset Turnover: 0.11 (As of Apr. 2026)


XKLS:7050 Wong Engineering Corp Bhd XKLS:7050
36 GF Score
Price RM0.16
GF Value RM0.30
Valuation Possible Value Trap
! 2 Warning Signs
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What is Wong Engineering Bhd Asset Turnover?

Wong Engineering Bhd XKLS:7050 -3.13% 36 Asset Turnover is 0.11 as of Apr. 2026. GuruFocus rates XKLS:7050 with a GF Score™ of 36/100 and a GF Value™ of RM0.30 (Possible Value Trap). The stock has 2 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. Wong Engineering Bhd's Revenue for the three months ended in Apr. 2026 was RM14.25 Mil. Wong Engineering Bhd's Total Assets for the quarter that ended in Apr. 2026 was RM126.63 Mil. Therefore, Wong Engineering Bhd's Asset Turnover for the quarter that ended in Apr. 2026 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Wong Engineering Bhd's annualized ROE % for the quarter that ended in Apr. 2026 was 2.68%. It is also linked to ROA % through Du Pont Formula. Wong Engineering Bhd's annualized ROA % for the quarter that ended in Apr. 2026 was 1.60%.

Wong Engineering Bhd  (XKLS:7050) Asset Turnover Explanation

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

Wong Engineering Bhd's annulized ROE % for the quarter that ended in Apr. 2026 is

ROE %**(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=2.032/75.779
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.032 / 56.996)*(56.996 / 126.626)*(126.626/ 75.779)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.57 %*0.4501*1.671
=ROA %*Equity Multiplier
=1.60 %*1.671
=2.68 %

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

Wong Engineering Bhd's annulized ROA % for the quarter that ended in Apr. 2026 is

ROA %(Q: Apr. 2026 )
=Net Income/Total Assets
=2.032/126.626
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.032 / 56.996)*(56.996 / 126.626)
=Net Margin %*Asset Turnover
=3.57 %*0.4501
=1.60 %

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

Wong Engineering Bhd Asset Turnover Related Terms

Wong Engineering Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Wong Engineering 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.

Wong Engineering Bhd Asset Turnover Chart

Wong Engineering Bhd Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.67 0.44 0.31 0.40

Wong Engineering Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.09 0.13 0.14 0.11 0.11

XKLS:7050 vs CRS, ATI, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, Wong Engineering 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.

Wong Engineering Bhd Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wong Engineering Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:7050
36GF Score
Wong Engineering Corp Bhd XKLS:7050
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wong Engineering Bhd Asset Turnover Calculation

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

Wong Engineering Bhd's Asset Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2025 )/( (Total Assets (A: Oct. 2024 )+Total Assets (A: Oct. 2025 ))/ count )
=49.375/( (111.608+132.716)/ 2 )
=49.375/122.162
=0.40

Wong Engineering Bhd's Asset Turnover for the quarter that ended in Apr. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=14.249/( (126.625+126.627)/ 2 )
=14.249/126.626
=0.11

* 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 0.11 mean?
Wong Engineering Bhd (XKLS:7050) has a Asset Turnover of 0.11 as of Apr. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Wong Engineering Bhd and its competitors.
Is Wong Engineering Bhd's Asset Turnover too high?
Wong Engineering Bhd's current Asset Turnover is 0.11. Overall, Wong Engineering Bhd has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wong Engineering Bhd's Asset Turnover compare to CRS and ATI?
Wong Engineering Bhd's Asset Turnover of 0.11 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Wong Engineering Bhd and its competitors. Wong Engineering Bhd's current Asset Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wong Engineering Bhd stock overvalued right now?
Based on GuruFocus' analysis, Wong Engineering Bhd (XKLS:7050) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.30, compared to a current price of RM0.16 — trading 48.3% below its estimated fair value. The current Asset Turnover is 0.11. Wong Engineering Bhd's overall GF Score™ is 36/100 with 2 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 Wong Engineering Bhd (XKLS:7050), the current Asset Turnover is 0.11 as of Apr. 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.

Is Wong Engineering Bhd (XKLS:7050) Overvalued in 2026?

Based on GuruFocus' analysis, Wong Engineering Bhd stock appears to be undervalued. The current stock price of RM0.16 is trading 48.3% below its estimated GF Value™ of RM0.30. GuruFocus considers Wong Engineering Bhd to be Possible Value Trap.

Key valuation signals for XKLS:7050:

  • Asset Turnover: 0.11
  • GF Value™: RM0.30 vs. price of RM0.16 (48.3% below fair value)
  • GF Score™: 36/100 with 2 warning signs

No single metric tells the full story. See the XKLS:7050 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wong Engineering Bhd Business Description

Address Lot 24, Jalan Hi-Tech 4, Phase 1, Kulim Hi-Tech Park, Kulim, KDH, MYS, 09000
Wong Engineering Corp Bhd is engaged in manufacturing of high precision stamped and turned metal parts and components, complex welded frame structure, related modules and systems as well as trading, marketing and retailing of industrial and consumer products. The segments of the company are, 1) Precision engineering which includes the design and manufacture of high-precision metal stamped parts and sheet metals. 2) Construction and property development includes the provision of general buildings construction and infrastructure work and the provision of property development and related business. 3) Others include Investment holding. The company derives maximum revenue from Precision and engineering Segment.
36GF Score

Get the complete analysis for XKLS:7050

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

RM0.16
Price
RM0.30
GF Value