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New Momentum Corporation  (EKKH)
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New Momentum Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

New Momentum's asset turnover ratio, the ratio that measures the ability of New Momentum's assets to generate revenue, sequentially decreased to 4.61 in the third quarter (Sep 30 2023), which does not come as a surprise, as the New Momentum continue to experience difficult business climate.

Within sector New Momentum Corporation achieved the highest asset turnover ratio. While Asset turnover ratio total ranking has improved so far during the III Quarter 2023, to 28, from total ranking in the second quarter 2023 at 192.


What is Asset Turnover Ratio?
What is New Momentum Corporation Market Share?


EKKH Asset Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Asset Change -54.73 % -13 % 120.16 % 51.19 % 91.15 %
Y / Y Revenue Change -92.36 % -81.18 % 6223950 % -7.01 % 10.28 %
Asset Turnover Ratio (TTM) 4.61 6.1 7.7 7.96 8.89
EKKH's Total Ranking # 28 # 192 # 174 # 173 # 68
Seq. Asset Change -25.26 % -30.28 % 27.53 % -31.87 % 43.64 %
Seq. Revenue Change -55.04 % -54.78 % -58.71 % -9.03 % 10.81 %



Asset Turnover Ratio Company Ranking
Within: No.
Internet Services & Social Media Industry # 1
Technology Sector # 5
Overall Market # 28

Asset Turnover Ratio Statistics
High Average Low
14.7 9.74 4.61
(Dec 31 2021)   (Sep 30 2023)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2023, within Technology Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2023 Assets at quarter ending Sep 30 2023
Powerdyne International Inc   5.21 $ 1.564  Millions$ 0.300  Millions
Rubicon Technologies Inc   4.99 $ 1,017.324  Millions$ 204.065  Millions
Vpr Brands Lp  4.77 $ 10.252  Millions$ 2.148  Millions
New Momentum Corporation  4.61 $ 0.508  Millions$ 0.110  Millions
Tsr Inc   4.09 $ 97.747  Millions$ 23.881  Millions
Compass Inc   3.41 $ 4,895.800  Millions$ 1,433.800  Millions
Datasea Inc   2.80 $ 12.762  Millions$ 4.553  Millions
M tron Industries Inc   2.61 $ 53.823  Millions$ 20.587  Millions
Fingermotion Inc   2.46 $ 45.664  Millions$ 18.585  Millions
Viewbix Inc   2.42 $ 137.553  Millions$ 56.822  Millions
Silversun Technologies Inc   2.40 $ 48.931  Millions$ 20.383  Millions
Everquote Inc   2.23 $ 320.524  Millions$ 143.999  Millions
Careview Communications Inc   2.21 $ 9.836  Millions$ 4.460  Millions
Midwest Energy Emissions Corp   2.19 $ 19.535  Millions$ 8.930  Millions
Mobivity Holdings Corp   2.11 $ 6.590  Millions$ 3.119  Millions
Super Micro Computer Inc   2.11 $ 7,389.573  Millions$ 3,509.560  Millions
Skkynet Cloud Systems Inc   2.06 $ 2.374  Millions$ 1.153  Millions
Widepoint Corporation  2.05 $ 101.108  Millions$ 49.375  Millions
Nortech Systems Incorporated  2.02 $ 138.299  Millions$ 68.504  Millions
Toast Inc   2.00 $ 3,598.000  Millions$ 1,796.250  Millions
Reliability Incorporated  1.97 $ 21.708  Millions$ 11.024  Millions
Vizio Holding Corp   1.95 $ 1,709.700  Millions$ 875.575  Millions
Freeze Tag Inc   1.89 $ 2.158  Millions$ 1.141  Millions
Elys Game Technology Corp   1.89 $ 42.737  Millions$ 22.659  Millions
Upay Inc   1.82 $ 1.360  Millions$ 0.746  Millions
Gse Systems Inc   1.82 $ 44.620  Millions$ 24.502  Millions
Sanmina Corporation  1.77 $ 8,934.211  Millions$ 5,033.369  Millions
Jabil Inc  1.76 $ 34,702.000  Millions$ 19,733.250  Millions
Arlo Technologies Inc   1.73 $ 473.528  Millions$ 273.986  Millions
Turtle Beach Corporation  1.71 $ 258.905  Millions$ 151.435  Millions

Date modified: 2023-11-21T19:30:29+00:00



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