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Pesona Metro Holdings Bhd (XKLS:8311) Asset Turnover : 0.25 (As of Sep. 2023)


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What is Pesona Metro Holdings 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. Pesona Metro Holdings Bhd's Revenue for the three months ended in Sep. 2023 was RM155.4 Mil. Pesona Metro Holdings Bhd's Total Assets for the quarter that ended in Sep. 2023 was RM631.4 Mil. Therefore, Pesona Metro Holdings Bhd's Asset Turnover for the quarter that ended in Sep. 2023 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Pesona Metro Holdings Bhd's annualized ROE % for the quarter that ended in Sep. 2023 was 8.10%. It is also linked to ROA % through Du Pont Formula. Pesona Metro Holdings Bhd's annualized ROA % for the quarter that ended in Sep. 2023 was 1.96%.


Pesona Metro Holdings Bhd Asset Turnover Historical Data

The historical data trend for Pesona Metro Holdings 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.

Pesona Metro Holdings Bhd Asset Turnover Chart

Pesona Metro Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.96 0.93 0.88 0.57

Pesona Metro Holdings Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.15 0.09 0.19 0.19 0.25

Competitive Comparison of Pesona Metro Holdings Bhd's Asset Turnover

For the Engineering & Construction subindustry, Pesona Metro Holdings 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.


Pesona Metro Holdings Bhd's Asset Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Pesona Metro Holdings Bhd's Asset Turnover falls into.



Pesona Metro Holdings Bhd Asset Turnover Calculation

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

Pesona Metro Holdings Bhd's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=350.482/( (662.634+569.607)/ 2 )
=350.482/616.1205
=0.57

Pesona Metro Holdings Bhd's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=155.382/( (599.956+662.942)/ 2 )
=155.382/631.449
=0.25

* 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.


Pesona Metro Holdings Bhd  (XKLS:8311) Asset Turnover Explanation

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

Pesona Metro Holdings Bhd's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=12.404/153.2265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.404 / 621.528)*(621.528 / 631.449)*(631.449/ 153.2265)
=Net Margin %*Asset Turnover*Equity Multiplier
=2 %*0.9843*4.121
=ROA %*Equity Multiplier
=1.96 %*4.121
=8.10 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Pesona Metro Holdings Bhd's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=12.404/631.449
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12.404 / 621.528)*(621.528 / 631.449)
=Net Margin %*Asset Turnover
=2 %*0.9843
=1.96 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Pesona Metro Holdings Bhd Asset Turnover Related Terms

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Pesona Metro Holdings Bhd (XKLS:8311) Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Jalan SB Indah 1/19, Taman Sungai Besi Indah, Seri Kembangan, SGR, MYS, 43300
Pesona Metro Holdings Bhd is an investment holding company that is involved in activities of civil engineering, building construction, river rehabilitation and beautification, the manufacturing-cum-trading of building-related materials, and concessionaire activities. It operates through the segments of Construction works segment, which is the key revenue driver that includes construction of building, infrastructure and project planning cum implementation contractor. The Manufacturing and trading of the polyurethane segment involve the manufacturing and trading of polyurethane and building system. The Concession segment engages in the maintenance service of the Student Hostel. The Investment holding segment engages in investment holding. Its activities are carried out within Malaysia.

Pesona Metro Holdings Bhd (XKLS:8311) Headlines

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