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PT HILLCON Tbk (ISX:HILL) Asset Turnover : 0.16 (As of Mar. 2024)


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What is PT HILLCON Tbk Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT HILLCON Tbk's Revenue for the three months ended in Mar. 2024 was Rp788,906 Mil. PT HILLCON Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp5,063,100 Mil. Therefore, PT HILLCON Tbk's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. PT HILLCON Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 1.02%. It is also linked to ROA % through Du Pont Formula. PT HILLCON Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was 0.31%.


PT HILLCON Tbk Asset Turnover Historical Data

The historical data trend for PT HILLCON Tbk'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.

PT HILLCON Tbk Asset Turnover Chart

PT HILLCON Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.79 0.98 1.08 1.11 0.96

PT HILLCON Tbk Quarterly Data
Dec19 Dec20 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 0.25 0.20 0.26 0.24 0.16

Competitive Comparison of PT HILLCON Tbk's Asset Turnover

For the Other Industrial Metals & Mining subindustry, PT HILLCON Tbk'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.


PT HILLCON Tbk's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT HILLCON Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT HILLCON Tbk's Asset Turnover falls into.



PT HILLCON Tbk Asset Turnover Calculation

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

PT HILLCON Tbk'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 )
=4045748/( (3458221+4977374)/ 2 )
=4045748/4217797.5
=0.96

PT HILLCON Tbk'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 )
=788906/( (4977374+5148826)/ 2 )
=788906/5063100
=0.16

* 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.


PT HILLCON Tbk  (ISX:HILL) Asset Turnover Explanation

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

PT HILLCON Tbk's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=15884/1561189.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15884 / 3155624)*(3155624 / 5063100)*(5063100/ 1561189.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.5 %*0.6233*3.2431
=ROA %*Equity Multiplier
=0.31 %*3.2431
=1.02 %

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:

PT HILLCON Tbk's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=15884/5063100
=(Net Income / Revenue)*(Revenue / Total Assets)
=(15884 / 3155624)*(3155624 / 5063100)
=Net Margin %*Asset Turnover
=0.5 %*0.6233
=0.31 %

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.


PT HILLCON Tbk Asset Turnover Related Terms

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PT HILLCON Tbk (ISX:HILL) Business Description

Traded in Other Exchanges
N/A
Address
Taman Modern, Blok R2 No.19 Cakung, PO Box: 1016, Jakarta, IDN, 13960
PT HILLCON Tbk is engaged in holding company activities and management consulting as well as mining services and construction services through its subsidiaries. The company has completed hundreds of projects, both large and small, with aspects of work safety, health safety, operating safety, and the environment. The Company has extensive experience as a coal and mineral mining contractor, civil contractor, earthworks, river basin construction, and dams. The company's operating segments are Mining Services, Construction Services, and others. The majority of revenue is derived from the Mining services segment.

PT HILLCON Tbk (ISX:HILL) Headlines

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