ZCCMF (ZCCM Investments Holdings) Asset Turnover: 0.02 (As of Dec. 2024)


ZCCMF ZCCM Investments Holdings PLC ZCCMF
34 GF Score
Price $2.41
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What is ZCCM Investments Holdings Asset Turnover?

ZCCM Investments Holdings ZCCMF 34 Asset Turnover is 0.02 as of Dec. 2024. GuruFocus rates ZCCMF with a GF Score™ of 34/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ZCCM Investments Holdings's Revenue for the six months ended in Dec. 2024 was $48.6 Mil. ZCCM Investments Holdings's Total Assets for the quarter that ended in Dec. 2024 was $3,303.9 Mil. Therefore, ZCCM Investments Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. ZCCM Investments Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was -62.25%. It is also linked to ROA % through Du Pont Formula. ZCCM Investments Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was -54.12%.


ZCCM Investments Holdings  (OTCPK:ZCCMF) Asset Turnover Explanation

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

ZCCM Investments Holdings's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-1788.032/2872.268
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1788.032 / 97.124)*(97.124 / 3303.9295)*(3303.9295/ 2872.268)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1840.98 %*0.0294*1.1503
=ROA %*Equity Multiplier
=-54.12 %*1.1503
=-62.25 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

ZCCM Investments Holdings's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-1788.032/3303.9295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1788.032 / 97.124)*(97.124 / 3303.9295)
=Net Margin %*Asset Turnover
=-1840.98 %*0.0294
=-54.12 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


ZCCM Investments Holdings Asset Turnover Related Terms


ZCCM Investments Holdings Asset Turnover Historical Data

* Premium members only.

The historical data trend for ZCCM Investments Holdings'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.

ZCCM Investments Holdings Asset Turnover Chart

ZCCM Investments Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.42 0.25 0.22 0.06

ZCCM Investments Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 0.08 0.15 0.09 0.04 0.02

ZCCM Investments Holdings Asset Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, ZCCM Investments Holdings'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.


ZCCM Investments Holdings Asset Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZCCM Investments Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ZCCM Investments Holdings's Asset Turnover falls into.


ZCCMF
34GF Score
ZCCM Investments Holdings PLC ZCCMF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ZCCM Investments Holdings Asset Turnover Calculation

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

ZCCM Investments Holdings'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 )
=185.855/( (3386.075+3317.871)/ 2 )
=185.855/3351.973
=0.06

ZCCM Investments Holdings'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: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=48.562/( (3289.988+3317.871)/ 2 )
=48.562/3303.9295
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.02 mean?
ZCCM Investments Holdings (ZCCMF) has a Asset Turnover of 0.02 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on ZCCM Investments Holdings and its competitors.
Is ZCCM Investments Holdings' Asset Turnover too high?
ZCCM Investments Holdings' current Asset Turnover is 0.02. Overall, ZCCM Investments Holdings has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does ZCCM Investments Holdings' Asset Turnover compare to competitors?
ZCCM Investments Holdings' Asset Turnover of 0.02 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Metals & Mining company?
A good Asset Turnover depends on the Metals & Mining industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on ZCCM Investments Holdings and its competitors. ZCCM Investments Holdings's current Asset Turnover is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZCCM Investments Holdings stock overvalued right now?
ZCCM Investments Holdings (ZCCMF) has a current Asset Turnover of 0.02. The current Asset Turnover is 0.02. ZCCM Investments Holdings' overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For ZCCM Investments Holdings (ZCCMF), the current Asset Turnover is 0.02 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ZCCM Investments Holdings Business Description

Address Alick Nkhata Road, Mass Media Complex Area, PO Box 30048, Stand No. 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101
ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company has three operational reportable segments: Mining and processing, Technical Services, and Investments. Maximum revenue is generated from its Mining and processing segment, which comprises entities active in the exploration activities, mining of minerals, and processing of finished products. The minerals mined include copper, gold, amethyst, manganese, and limestone. Geographically, the company generates a majority of its revenue from Switzerland, followed by Zambia, Malawi, India, and the Democratic Republic of Congo.
34GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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