GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JE Cleantech Holdings Ltd (STU:XN60) » Definitions » Asset Turnover

JE Cleantech Holdings (STU:XN60) Asset Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is JE Cleantech Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JE Cleantech Holdings's Revenue for the three months ended in Dec. 2023 was €0.00 Mil. JE Cleantech Holdings's Total Assets for the quarter that ended in Dec. 2023 was €24.17 Mil. Therefore, JE Cleantech Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. JE Cleantech Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. JE Cleantech Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%.


JE Cleantech Holdings Asset Turnover Historical Data

The historical data trend for JE Cleantech Holdings'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.

JE Cleantech Holdings Asset Turnover Chart

JE Cleantech Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.96 1.01 0.76 0.71 0.51

JE Cleantech Holdings Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.19 0.16 - -

Competitive Comparison of JE Cleantech Holdings's Asset Turnover

For the Specialty Industrial Machinery subindustry, JE Cleantech Holdings'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.


JE Cleantech Holdings's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JE Cleantech Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JE Cleantech Holdings's Asset Turnover falls into.



JE Cleantech Holdings Asset Turnover Calculation

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

JE Cleantech Holdings'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 )
=12.413/( (24.766+24.433)/ 2 )
=12.413/24.5995
=0.50

JE Cleantech Holdings'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 )
=0/( (23.907+24.433)/ 2 )
=0/24.17
=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.


JE Cleantech Holdings  (STU:XN60) Asset Turnover Explanation

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

JE Cleantech Holdings's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0/11.4115
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 24.17)*(24.17/ 11.4115)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.118
=ROA %*Equity Multiplier
=0.00 %*2.118
=0.00 %

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:

JE Cleantech Holdings's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0/24.17
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 24.17)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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.


JE Cleantech Holdings Asset Turnover Related Terms

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


JE Cleantech Holdings (STU:XN60) Business Description

Traded in Other Exchanges
Address
3 Woodlands Sector 1, Singapore, SGP, 738361
JE Cleantech Holdings Ltd is engaged in the manufacturing and selling of cleaning systems and other equipment that can be categorized into four different categories, namely aqueous washing systems, plating and cleaning systems, train cleaning systems, and other equipment, such as filtration units. The product lives of its cleaning systems and other equipment range from two to ten years. The company is also into designing, developing, and manufacturing other cleaning systems for various industrial end-use applications using its R&D and engineering capabilities. It derives a majority of its revenue from Singapore.

JE Cleantech Holdings (STU:XN60) Headlines

No Headlines