BSL Bhd (XKLS:7221) Asset Turnover: 0.04 (As of Mar. 2026)


What is BSL Bhd Asset Turnover?

BSL Bhd XKLS:7221 Asset Turnover is 0.04 as of Mar. 2026. 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. BSL Bhd's Revenue for the three months ended in Mar. 2026 was RM9.04 Mil. BSL Bhd's Total Assets for the quarter that ended in Mar. 2026 was RM253.17 Mil. Therefore, BSL 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. BSL Bhd's annualized ROE % for the quarter that ended in Mar. 2026 was -3.46%. It is also linked to ROA % through Du Pont Formula. BSL Bhd's annualized ROA % for the quarter that ended in Mar. 2026 was -2.71%.

BSL Bhd  (XKLS:7221) Asset Turnover Explanation

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

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

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-6.868/198.229
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.868 / 36.156)*(36.156 / 253.1705)*(253.1705/ 198.229)
=Net Margin %*Asset Turnover*Equity Multiplier
=-19 %*0.1428*1.2772
=ROA %*Equity Multiplier
=-2.71 %*1.2772
=-3.46 %

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:

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

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-6.868/253.1705
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.868 / 36.156)*(36.156 / 253.1705)
=Net Margin %*Asset Turnover
=-19 %*0.1428
=-2.71 %

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.

BSL Bhd Asset Turnover Related Terms

BSL Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for BSL 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.

BSL Bhd Asset Turnover Chart

BSL Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.89 0.99 0.48 0.30

BSL Bhd Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 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 0.05 0.05 0.05 0.04 0.04

XKLS:7221 vs CRS, ATI, MLI: Asset Turnover Comparison

For the Metal Fabrication subindustry, BSL 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.

BSL Bhd Asset Turnover vs Industrial Products Industry

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

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


BSL Bhd Asset Turnover Calculation

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

BSL Bhd's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=73.07/( (255.337+239.994)/ 2 )
=73.07/247.6655
=0.30

BSL 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 )
=9.039/( (226.671+279.67)/ 2 )
=9.039/253.1705
=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?
BSL Bhd (XKLS:7221) 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 BSL Bhd and its competitors.
Is BSL Bhd's Asset Turnover too high?
BSL Bhd's current Asset Turnover is 0.04.
How does BSL Bhd's Asset Turnover compare to CRS and ATI?
BSL Bhd's Asset Turnover of 0.04 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 BSL Bhd and its competitors. BSL 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 BSL Bhd stock overvalued right now?
Based on GuruFocus' analysis, BSL Bhd (XKLS:7221) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.01, compared to a current price of RM0.02 — trading 100% 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 BSL Bhd (XKLS:7221), 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.

BSL Bhd Business Description

Address Lot 4220, Persimpangan Jalan Batu Arang, Lebuhraya PLUS, Rawang, SGR, MYS, 48000
BSL Corp Bhd is a Malaysia-based investment holding company. Its segments include Investment holding; Precision stamping & tooling, which derives the majority of its revenue; PCB(Printed circuit board) & module assembly; Renewable energy; Investment holding and others. Its manufacturing services include Metal Stamping, PCB Assembly, CNC Machining, Welding, Roll forming, Forging, Secondary Processes, Toolmaking, and Warehousing & Logistics.