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B Duck Semk Holdings International (HKSE:02250) Asset Turnover : 0.20 (As of Dec. 2023)


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What is B Duck Semk Holdings International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. B Duck Semk Holdings International's Revenue for the six months ended in Dec. 2023 was HK$72.4 Mil. B Duck Semk Holdings International's Total Assets for the quarter that ended in Dec. 2023 was HK$361.6 Mil. Therefore, B Duck Semk Holdings International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. B Duck Semk Holdings International's annualized ROE % for the quarter that ended in Dec. 2023 was -23.42%. It is also linked to ROA % through Du Pont Formula. B Duck Semk Holdings International's annualized ROA % for the quarter that ended in Dec. 2023 was -16.83%.


B Duck Semk Holdings International Asset Turnover Historical Data

The historical data trend for B Duck Semk Holdings International'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.

B Duck Semk Holdings International Asset Turnover Chart

B Duck Semk Holdings International Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 1.88 1.42 1.28 0.57 0.34

B Duck Semk Holdings International Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.29 0.26 0.15 0.20

Competitive Comparison of B Duck Semk Holdings International's Asset Turnover

For the Specialty Business Services subindustry, B Duck Semk Holdings International'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.


B Duck Semk Holdings International's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, B Duck Semk Holdings International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where B Duck Semk Holdings International's Asset Turnover falls into.



B Duck Semk Holdings International Asset Turnover Calculation

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

B Duck Semk Holdings International'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 )
=129.542/( (412.948+348.271)/ 2 )
=129.542/380.6095
=0.34

B Duck Semk Holdings International'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=72.449/( (374.884+348.271)/ 2 )
=72.449/361.5775
=0.20

* 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.


B Duck Semk Holdings International  (HKSE:02250) Asset Turnover Explanation

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

B Duck Semk Holdings International's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-60.848/259.84
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-60.848 / 144.898)*(144.898 / 361.5775)*(361.5775/ 259.84)
=Net Margin %*Asset Turnover*Equity Multiplier
=-41.99 %*0.4007*1.3915
=ROA %*Equity Multiplier
=-16.83 %*1.3915
=-23.42 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

B Duck Semk Holdings International's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-60.848/361.5775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-60.848 / 144.898)*(144.898 / 361.5775)
=Net Margin %*Asset Turnover
=-41.99 %*0.4007
=-16.83 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


B Duck Semk Holdings International Asset Turnover Related Terms

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B Duck Semk Holdings International (HKSE:02250) Business Description

Traded in Other Exchanges
N/A
Address
3 Hoi Shing Road, Unit A6, 25th Floor, TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG
B Duck Semk Holdings International Ltd formerly Semk Holdings International Ltd is engaged in creation, design, licensing, brand management and marketing of its self-created and self-owned B.Duck Family Characters across multi channels.
Executives
Catel (b.v.i.) Limited 2201 Interest of corporation controlled by you
Top Plenty Limited 2101 Beneficial owner
Wong's Industrial (holdings) Limited 2201 Interest of corporation controlled by you
Wong's International Holdings Limited 2201 Interest of corporation controlled by you
Semk Global Investment Ltd 2101 Beneficial owner
Semk Products (holdings) Limited 2201 Interest of corporation controlled by you
Hui Ha Lam 2201 Interest of corporation controlled by you
Lam Ngan Shan 2202 Interest of your spouse
Pacific Climax Limited 2201 Interest of corporation controlled by you
Shen Zhen Hua Qiao Cheng Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ya Zhou Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Qiao Cheng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Chang Guo Ji You Xian Gong Si 2101 Beneficial owner
Hua Qin Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Hua Qiao Cheng You Xian Gong Si 2201 Interest of corporation controlled by you

B Duck Semk Holdings International (HKSE:02250) Headlines

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