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Anzo Holdings Bhd (XKLS:9342) Asset Turnover : 0.01 (As of Dec. 2022)


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What is Anzo 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. Anzo Holdings Bhd's Revenue for the three months ended in Dec. 2022 was RM1.27 Mil. Anzo Holdings Bhd's Total Assets for the quarter that ended in Dec. 2022 was RM103.43 Mil. Therefore, Anzo Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Anzo Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2022 was -2.31%. It is also linked to ROA % through Du Pont Formula. Anzo Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2022 was -2.17%.


Anzo Holdings Bhd Asset Turnover Historical Data

The historical data trend for Anzo 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.

Anzo Holdings Bhd Asset Turnover Chart

Anzo Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Jul19 Sep21 Sep22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.22 0.06 0.21 0.19

Anzo Holdings Bhd Quarterly Data
Jun17 Sep17 Dec17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.10 0.05 0.03 0.01 0.01

Competitive Comparison of Anzo Holdings Bhd's Asset Turnover

For the Engineering & Construction subindustry, Anzo 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.


Anzo Holdings Bhd's Asset Turnover Distribution in the Construction Industry

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

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



Anzo Holdings Bhd Asset Turnover Calculation

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

Anzo Holdings Bhd's Asset Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2022 )/( (Total Assets (A: Sep. 2021 )+Total Assets (A: Sep. 2022 ))/ count )
=23.032/( (135.057+104.574)/ 2 )
=23.032/119.8155
=0.19

Anzo Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=1.272/( (104.574+102.286)/ 2 )
=1.272/103.43
=0.01

* 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.


Anzo Holdings Bhd  (XKLS:9342) Asset Turnover Explanation

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

Anzo Holdings Bhd's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-2.24/97.039
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.24 / 5.088)*(5.088 / 103.43)*(103.43/ 97.039)
=Net Margin %*Asset Turnover*Equity Multiplier
=-44.03 %*0.0492*1.0659
=ROA %*Equity Multiplier
=-2.17 %*1.0659
=-2.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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:

Anzo Holdings Bhd's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=-2.24/103.43
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.24 / 5.088)*(5.088 / 103.43)
=Net Margin %*Asset Turnover
=-44.03 %*0.0492
=-2.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) 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.


Anzo Holdings Bhd Asset Turnover Related Terms

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Anzo Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 450, Jalan Papan, Pandamaran Industrial Area, Port Klang, SGR, MYS, 42000
Anzo Holdings Bhd is an investment holding company. The company has four segments that drive the operations, Construction & property development, Timber Services, Trading, and Investment holding & others. Trading segment includes trading of metal scraps and construction materials, Construction and property includes development Contractors in construction and interior design fit up works and related maintenance services, development of residential and commercial properties, Timber services include Kiln drying, provision of timber trading and related services, Investment holding and others segment includes Investments in shares and securities and the provision of marketing and management service.

Anzo Holdings Bhd Headlines

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