GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Samchully Co Ltd (XKRX:004690) » Definitions » Asset Turnover

Samchully Co (XKRX:004690) Asset Turnover : 0.38 (As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Samchully Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Samchully Co's Revenue for the three months ended in Mar. 2024 was ₩1,755,609 Mil. Samchully Co's Total Assets for the quarter that ended in Mar. 2024 was ₩4,584,682 Mil. Therefore, Samchully Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Samchully Co's annualized ROE % for the quarter that ended in Mar. 2024 was 18.88%. It is also linked to ROA % through Du Pont Formula. Samchully Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.37%.


Samchully Co Asset Turnover Historical Data

The historical data trend for Samchully Co'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.

Samchully Co Asset Turnover Chart

Samchully Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.83 0.93 1.25 1.20

Samchully Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.43 0.23 0.23 0.36 0.38

Competitive Comparison of Samchully Co's Asset Turnover

For the Utilities - Regulated Gas subindustry, Samchully Co'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.


Samchully Co's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Samchully Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Samchully Co's Asset Turnover falls into.



Samchully Co Asset Turnover Calculation

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

Samchully Co's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=5664041.261/( (5021952.466+4432766.185)/ 2 )
=5664041.261/4727359.3255
=1.20

Samchully Co'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: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1755608.971/( (4432766.185+4736598.693)/ 2 )
=1755608.971/4584682.439
=0.38

* 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.


Samchully Co  (XKRX:004690) Asset Turnover Explanation

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

Samchully Co's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=292258.456/1547833.113
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(292258.456 / 7022435.884)*(7022435.884 / 4584682.439)*(4584682.439/ 1547833.113)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.16 %*1.5317*2.962
=ROA %*Equity Multiplier
=6.37 %*2.962
=18.88 %

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:

Samchully Co's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=292258.456/4584682.439
=(Net Income / Revenue)*(Revenue / Total Assets)
=(292258.456 / 7022435.884)*(7022435.884 / 4584682.439)
=Net Margin %*Asset Turnover
=4.16 %*1.5317
=6.37 %

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.


Samchully Co Asset Turnover Related Terms

Thank you for viewing the detailed overview of Samchully Co's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Samchully Co (XKRX:004690) Business Description

Traded in Other Exchanges
N/A
Address
42, Gukjegeumyung-ro 6-gil, Yeongdeungpo-gu, Seoul, KOR, 07328
Samchully Co Ltd is a Korean utility company primarily involved in the generation, supply, and sale of natural gas and electricity. Its Energy Business encompasses its city gas and power generation activities. The company supplies natural gas mainly to households and industrial entities around the Incheon and Gyeonggi-do metro areas in South Korea through its gas pipeline network. Samchully's power generation unit brings in revenue from the sale of electricity and heat produced by its liquefied natural gas-powered energy generation facilities.

Samchully Co (XKRX:004690) Headlines

No Headlines