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SCGM Bhd (XKLS:7247) Asset Turnover : 0.00 (As of Mar. 2024)


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What is SCGM 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. SCGM Bhd's Revenue for the three months ended in Mar. 2024 was RM0.00 Mil. SCGM Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM119.96 Mil. Therefore, SCGM Bhd's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. SCGM Bhd's annualized ROE % for the quarter that ended in Mar. 2024 was -2.08%. It is also linked to ROA % through Du Pont Formula. SCGM Bhd's annualized ROA % for the quarter that ended in Mar. 2024 was -1.99%.


SCGM Bhd Asset Turnover Historical Data

The historical data trend for SCGM 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.

SCGM Bhd Asset Turnover Chart

SCGM Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.72 0.69 0.81 -

SCGM Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
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 - -0.74 - - -

Competitive Comparison of SCGM Bhd's Asset Turnover

For the Packaging & Containers subindustry, SCGM 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.


SCGM Bhd's Asset Turnover Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SCGM Bhd's Asset Turnover distribution charts can be found below:

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



SCGM Bhd Asset Turnover Calculation

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

SCGM Bhd's Asset Turnover for the fiscal year that ended in Apr. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=0/( (306.83+316.288)/ 2 )
=0/311.559
=0.00

SCGM Bhd's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (120.857+119.064)/ 2 )
=0/119.9605
=0.00

* 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.


SCGM Bhd  (XKLS:7247) Asset Turnover Explanation

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

SCGM Bhd's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-2.388/114.6805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.388 / 0)*(0 / 119.9605)*(119.9605/ 114.6805)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.046
=ROA %*Equity Multiplier
=-1.99 %*1.046
=-2.08 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

SCGM Bhd's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-2.388/119.9605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.388 / 0)*(0 / 119.9605)
=Net Margin %*Asset Turnover
= %*0
=-1.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


SCGM Bhd Asset Turnover Related Terms

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SCGM Bhd (XKLS:7247) Business Description

Traded in Other Exchanges
N/A
Address
PTD 109444, Jalan Sengkang, Kawasan Perusahaan Sri Sengkang, Johor Darul, Takzim, Kulai, JHR, MYS, 81000
SCGM Bhd is an investment holding company. The company's business segments are Manufacturing and Investment holding. The Manufacturing segment of the company is engaged in the manufacturing and finished plastic products, other articles of paper, paperboards, and plastic articles for the packing of goods. The company derives the majority of its revenue from the Investment holding segment. The predominantly operates in Malaysia.

SCGM Bhd (XKLS:7247) Headlines

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