BTM Resources Bhd (XKLS:7188) Asset Turnover: 0.04 (As of Mar. 2026)


What is BTM Resources Bhd Asset Turnover?

BTM Resources Bhd XKLS:7188 Asset Turnover is 0.04 as of Mar. 2026. The stock has 3 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. BTM Resources Bhd's Revenue for the three months ended in Mar. 2026 was RM2.70 Mil. BTM Resources Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM61.05 Mil. Therefore, BTM Resources Bhd's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. BTM Resources Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -6.96%. It is also linked to ROA % through Du Pont Formula. BTM Resources Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was -6.03%.

BTM Resources Bhd  (XKLS:7188) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-3.68/52.875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.68 / 10.8)*(10.8 / 61.0455)*(61.0455/ 52.875)
=Net Margin %*Asset Turnover*Equity Multiplier
=-34.07 %*0.1769*1.1545
=ROA %*Equity Multiplier
=-6.03 %*1.1545
=-6.96 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-3.68/61.0455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.68 / 10.8)*(10.8 / 61.0455)
=Net Margin %*Asset Turnover
=-34.07 %*0.1769
=-6.03 %

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.

BTM Resources Bhd Asset Turnover Related Terms

BTM Resources Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for BTM Resources 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.

BTM Resources Bhd Asset Turnover Chart

BTM Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.22 0.21 0.20 0.10

BTM Resources Bhd Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 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 0.00 0.04 0.01 0.02 0.04

XKLS:7188 vs SSD, UFPI, BCC: Asset Turnover Comparison

For the Lumber & Wood Production subindustry, BTM Resources 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.

BTM Resources Bhd Asset Turnover vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, BTM Resources Bhd's Asset Turnover distribution charts can be found below:

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


BTM Resources Bhd Asset Turnover Calculation

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

BTM Resources Bhd's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=7.184/( (45.521+98.162)/ 2 )
=7.184/71.8415
=0.10

BTM Resources 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: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=2.7/( (64.784+57.307)/ 2 )
=2.7/61.0455
=0.04

* 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 0.04 mean?
BTM Resources Bhd (XKLS:7188) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on BTM Resources Bhd and its competitors.
Is BTM Resources Bhd's Asset Turnover too high?
BTM Resources Bhd's current Asset Turnover is 0.04.
How does BTM Resources Bhd's Asset Turnover compare to SSD and UFPI?
BTM Resources Bhd's Asset Turnover of 0.04 can be compared against companies in the Forest 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 a Forest Products company?
A good Asset Turnover depends on the Forest 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 BTM Resources Bhd and its competitors. BTM Resources Bhd's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTM Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, BTM Resources Bhd (XKLS:7188) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.02, compared to a current price of RM0.04 — trading 75% above its estimated fair value. The current Asset Turnover is 0.04. 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 BTM Resources Bhd (XKLS:7188), the current Asset Turnover is 0.04 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.

BTM Resources Bhd Business Description

Address Jalan PJU 1/41, No. 35-4, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
BTM Resources Bhd is a Malaysian investment holding company. The principal activities of the company consist of investment holding and the provision of management services. It is engaged in the business of logging, sawmilling, trading in sawn timbers, plywood and logs, timber molding and manufacturing of finger-jointed timber and lamination boards and letting of plant and machinery. The company operates in Malaysia, Australia, Korea, USA and Singapore, of which it generates a majority of the revenue from Malaysia.