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Green Giant (Green Giant) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Green Giant Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Green Giant's Revenue for the three months ended in Dec. 2023 was $0.18 Mil. Green Giant's Total Assets for the quarter that ended in Dec. 2023 was $210.06 Mil. Therefore, Green Giant's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Green Giant's annualized ROE % for the quarter that ended in Dec. 2023 was -64.64%. It is also linked to ROA % through Du Pont Formula. Green Giant's annualized ROA % for the quarter that ended in Dec. 2023 was -5.54%.


Green Giant Asset Turnover Historical Data

The historical data trend for Green Giant'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.

Green Giant Asset Turnover Chart

Green Giant Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.04 0.16 0.03 0.01

Green Giant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Green Giant's Asset Turnover

For the Real Estate - Development subindustry, Green Giant'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.


Green Giant's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Green Giant's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Green Giant's Asset Turnover falls into.



Green Giant Asset Turnover Calculation

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

Green Giant's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=1.543/( (307.387+205.092)/ 2 )
=1.543/256.2395
=0.01

Green Giant's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.183/( (205.092+215.019)/ 2 )
=0.183/210.0555
=0.00

* 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.


Green Giant  (OTCPK:GGEI) Asset Turnover Explanation

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

Green Giant's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-11.644/18.0125
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.644 / 0.732)*(0.732 / 210.0555)*(210.0555/ 18.0125)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1590.71 %*0.0035*11.6617
=ROA %*Equity Multiplier
=-5.54 %*11.6617
=-64.64 %

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

Green Giant's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-11.644/210.0555
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.644 / 0.732)*(0.732 / 210.0555)
=Net Margin %*Asset Turnover
=-1590.71 %*0.0035
=-5.54 %

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


Green Giant Asset Turnover Related Terms

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


Green Giant (Green Giant) Business Description

Traded in Other Exchanges
N/A
Address
6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
Executives
Goldenmountain Solution Inc. 10 percent owner 1100 ABERNATHY RD NE STE 325, ATLANTA GA 30328
Gordon H Silver director C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Shenghuei Luo director 6 XINGHAN ROAD 19TH FL, HANZHONG CITY, SHAANXI PROVINCE F4 72300
Yuankai Wen director ROOM 907, TOWER A, HONGYUAN MANSION, NO. 4, JIU XIAN QIAO RD., BEIJING F4 100016
Xiaojun Zhu director, 10 percent owner, officer: President and CEO 6 XINGHAN ROAD, 19TH FLOOR, HANZHONG CITY, SHAANXI PROVINCE F4 723000
Carl M Berg other: Former Officer, Director, 10% 1059 EAST SKYLER DR, DRAPER UT 84020
John Leo director, officer: Secretary 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005
Zhengquan Wang director, 10 percent owner, officer: CEO, CFO 101 XINANYAO STREET, JINZHOU DISTRICT, DALIAN LIAONING PROV F4 116100
Mark Stewart director PO BOX 51150, IRVINE CA 92619
Kevin J Gadawski director 19 TERRAZA DEL MAR, DANA POINT CA 92629
Brian A Lebrecht 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 800, NEWPORT BEACH CA 92660
Gerald A Deciccio director 92 CORPORATE PARK, C-141, IRVINE CA 92606