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CapitaLand Investment (STU:5NU) Asset Turnover : 0.04 (As of Dec. 2023)


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What is CapitaLand Investment Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CapitaLand Investment's Revenue for the six months ended in Dec. 2023 was €991 Mil. CapitaLand Investment's Total Assets for the quarter that ended in Dec. 2023 was €23,729 Mil. Therefore, CapitaLand Investment's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. CapitaLand Investment's annualized ROE % for the quarter that ended in Dec. 2023 was -2.33%. It is also linked to ROA % through Du Pont Formula. CapitaLand Investment's annualized ROA % for the quarter that ended in Dec. 2023 was -0.99%.


CapitaLand Investment Asset Turnover Historical Data

The historical data trend for CapitaLand Investment'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.

CapitaLand Investment Asset Turnover Chart

CapitaLand Investment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.06 0.05 0.06 0.08 0.08

CapitaLand Investment Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial 0.03 0.04 0.04 0.04 0.04

Competitive Comparison of CapitaLand Investment's Asset Turnover

For the Real Estate Services subindustry, CapitaLand Investment'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.


CapitaLand Investment's Asset Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where CapitaLand Investment's Asset Turnover falls into.



CapitaLand Investment Asset Turnover Calculation

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

CapitaLand Investment'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 )
=1916.469/( (24518.302+23496.705)/ 2 )
=1916.469/24007.5035
=0.08

CapitaLand Investment'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 )
=990.589/( (23960.839+23496.705)/ 2 )
=990.589/23728.772
=0.04

* 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.


CapitaLand Investment  (STU:5NU) Asset Turnover Explanation

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

CapitaLand Investment's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-234.052/10050.5835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-234.052 / 1981.178)*(1981.178 / 23728.772)*(23728.772/ 10050.5835)
=Net Margin %*Asset Turnover*Equity Multiplier
=-11.81 %*0.0835*2.3609
=ROA %*Equity Multiplier
=-0.99 %*2.3609
=-2.33 %

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:

CapitaLand Investment's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-234.052/23728.772
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-234.052 / 1981.178)*(1981.178 / 23728.772)
=Net Margin %*Asset Turnover
=-11.81 %*0.0835
=-0.99 %

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.


CapitaLand Investment Asset Turnover Related Terms

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CapitaLand Investment (STU:5NU) Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No.30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Investment, or CLI, is a Singapore-headquartered real estate investment management company with SGD 133 billion in total asset under management. The company has two core business segments: real estate investment and fee income-related business. The majority of its earnings are derived from its real estate investment business where it invests in a portfolio of office, retail, lodging, logistics, business parks, and data center assets for rental income. The firm also derives fee income from lodging management and management of underlying assets in investment vehicles such as an unlisted fund or REIT on behalf of its capital partners.

CapitaLand Investment (STU:5NU) Headlines

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