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Intelligent Group (Intelligent Group) Asset Turnover : 0.42 (As of Nov. 2023)


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What is Intelligent Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Intelligent Group's Revenue for the six months ended in Nov. 2023 was $1.59 Mil. Intelligent Group's Total Assets for the quarter that ended in Nov. 2023 was $3.81 Mil. Therefore, Intelligent Group's Asset Turnover for the quarter that ended in Nov. 2023 was 0.42.

Asset Turnover is linked to ROE % through Du Pont Formula. Intelligent Group's annualized ROE % for the quarter that ended in Nov. 2023 was 11.74%. It is also linked to ROA % through Du Pont Formula. Intelligent Group's annualized ROA % for the quarter that ended in Nov. 2023 was 6.55%.


Intelligent Group Asset Turnover Historical Data

The historical data trend for Intelligent Group'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.

Intelligent Group Asset Turnover Chart

Intelligent Group Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Asset Turnover
0.76 0.96 0.54 0.75

Intelligent Group Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Asset Turnover Get a 7-Day Free Trial 0.45 0.30 0.31 0.35 0.42

Competitive Comparison of Intelligent Group's Asset Turnover

For the Consulting Services subindustry, Intelligent Group'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.


Intelligent Group's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Intelligent Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Intelligent Group's Asset Turnover falls into.



Intelligent Group Asset Turnover Calculation

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

Intelligent Group's Asset Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=2.631/( (2.686+4.378)/ 2 )
=2.631/3.532
=0.74

Intelligent Group's Asset Turnover for the quarter that ended in Nov. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=1.59/( (3.25+4.378)/ 2 )
=1.59/3.814
=0.42

* 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.


Intelligent Group  (NAS:INTJ) Asset Turnover Explanation

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

Intelligent Group's annulized ROE % for the quarter that ended in Nov. 2023 is

ROE %**(Q: Nov. 2023 )
=Net Income/Total Stockholders Equity
=0.25/2.1295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.25 / 3.18)*(3.18 / 3.814)*(3.814/ 2.1295)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.86 %*0.8338*1.791
=ROA %*Equity Multiplier
=6.55 %*1.791
=11.74 %

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

Intelligent Group's annulized ROA % for the quarter that ended in Nov. 2023 is

ROA %(Q: Nov. 2023 )
=Net Income/Total Assets
=0.25/3.814
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.25 / 3.18)*(3.18 / 3.814)
=Net Margin %*Asset Turnover
=7.86 %*0.8338
=6.55 %

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


Intelligent Group Asset Turnover Related Terms

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Intelligent Group (Intelligent Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Unit 2803, Level 28, Tower 1, Admiralty Centre, Admiralty, Hong Kong, HKG
Intelligent Group Ltd is a professional services provider in Hong Kong that principally engages in the provision of Financial PR services. The company provides a substantial number of holistic and comprehensive Financial PR services to its clients through IJL, its key operating entity in Hong Kong. It advises its clients on their communications and reputation management efforts. Its Financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.

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