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Rohas Tecnic Bhd (XKLS:9741) Asset Turnover : 0.17 (As of Dec. 2024)


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What is Rohas Tecnic 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. Rohas Tecnic Bhd's Revenue for the three months ended in Dec. 2024 was RM107.3 Mil. Rohas Tecnic Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM622.1 Mil. Therefore, Rohas Tecnic Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Rohas Tecnic Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was -0.98%. It is also linked to ROA % through Du Pont Formula. Rohas Tecnic Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was -0.50%.


Rohas Tecnic Bhd Asset Turnover Historical Data

The historical data trend for Rohas Tecnic 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.

Rohas Tecnic Bhd Asset Turnover Chart

Rohas Tecnic Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.40 0.74 0.54 0.49

Rohas Tecnic Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.17 0.13 0.09 0.11 0.17

Competitive Comparison of Rohas Tecnic Bhd's Asset Turnover

For the Engineering & Construction subindustry, Rohas Tecnic 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.


Rohas Tecnic Bhd's Asset Turnover Distribution in the Construction Industry

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

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


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Rohas Tecnic Bhd Asset Turnover Calculation

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

Rohas Tecnic 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 )
=319.457/( (674.982+631.082)/ 2 )
=319.457/653.032
=0.49

Rohas Tecnic Bhd's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=107.264/( (613.185+631.082)/ 2 )
=107.264/622.1335
=0.17

* 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.


Rohas Tecnic Bhd  (XKLS:9741) Asset Turnover Explanation

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

Rohas Tecnic Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-3.084/315.5735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.084 / 429.056)*(429.056 / 622.1335)*(622.1335/ 315.5735)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.72 %*0.6897*1.9714
=ROA %*Equity Multiplier
=-0.50 %*1.9714
=-0.98 %

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

Rohas Tecnic Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-3.084/622.1335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.084 / 429.056)*(429.056 / 622.1335)
=Net Margin %*Asset Turnover
=-0.72 %*0.6897
=-0.50 %

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


Rohas Tecnic Bhd Asset Turnover Related Terms

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Rohas Tecnic Bhd Business Description

Traded in Other Exchanges
N/A
Address
Rohas PureCircle, East Wing, No. 9, Jalan P. Ramlee, 15th Floor, Kuala Lumpur, MYS, 50250
Rohas Tecnic Bhd is an investment holding company. The company with its subsidiaries is principally involved in plastic molding design and fabrication, plastic injection and blow moulding, provision of secondary and assembly services for the manufacturing of plastic products. The company operates through three main business units: Tower Fabrication, focusing on designing and fabricating power transmission and telecommunication towers; EPCC, which handles mechanical and electrical engineering, procurement, and construction of towers, along with water treatment facilities; and Concession, involved in the construction, operation, and maintenance of infrastructure under concession agreements, such as mini-hydro power plants, and others.

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