Jong Shyn Shipbuilding Co (ROCO:2644) Asset Turnover: 0.38 (As of Dec. 2025)

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ROCO:2644 Jong Shyn Shipbuilding Co Ltd ROCO:2644
54 GF Score
Price NT$83.90
GF Value NT$131.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Jong Shyn Shipbuilding Co Asset Turnover?

Jong Shyn Shipbuilding Co ROCO:2644 -0.36% 54 Asset Turnover is 0.38 as of Dec. 2025. GuruFocus rates ROCO:2644 with a GF Score™ of 54/100 and a GF Value™ of NT$131.51 (Possible Value Trap). The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jong Shyn Shipbuilding Co's Revenue for the six months ended in Dec. 2025 was NT$3,831 Mil. Jong Shyn Shipbuilding Co's Total Assets for the quarter that ended in Dec. 2025 was NT$10,128 Mil. Therefore, Jong Shyn Shipbuilding Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.38.

Asset Turnover is linked to ROE % through Du Pont Formula. Jong Shyn Shipbuilding Co's annualized ROE % for the quarter that ended in Dec. 2025 was 3.78%. It is also linked to ROA % through Du Pont Formula. Jong Shyn Shipbuilding Co's annualized ROA % for the quarter that ended in Dec. 2025 was 0.50%.


Jong Shyn Shipbuilding Co  (ROCO:2644) Asset Turnover Explanation

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

Jong Shyn Shipbuilding Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=51.128/1353.3145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.128 / 7662.262)*(7662.262 / 10128.1645)*(10128.1645/ 1353.3145)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.67 %*0.7565*7.484
=ROA %*Equity Multiplier
=0.50 %*7.484
=3.78 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Jong Shyn Shipbuilding Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=51.128/10128.1645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.128 / 7662.262)*(7662.262 / 10128.1645)
=Net Margin %*Asset Turnover
=0.67 %*0.7565
=0.50 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Jong Shyn Shipbuilding Co Asset Turnover Related Terms


Jong Shyn Shipbuilding Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Jong Shyn Shipbuilding Co'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.

Jong Shyn Shipbuilding Co Asset Turnover Chart

Jong Shyn Shipbuilding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.45 0.50 0.51 0.52 0.60

Jong Shyn Shipbuilding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.26 0.28 0.24 0.38

ROCO:2644 vs SPCX, GE, RTX: Asset Turnover Comparison

For the Aerospace & Defense subindustry, Jong Shyn Shipbuilding Co'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.


Jong Shyn Shipbuilding Co Asset Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Jong Shyn Shipbuilding Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jong Shyn Shipbuilding Co's Asset Turnover falls into.


ROCO:2644
54GF Score
Jong Shyn Shipbuilding Co Ltd ROCO:2644
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jong Shyn Shipbuilding Co Asset Turnover Calculation

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

Jong Shyn Shipbuilding Co's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=6129.692/( (9792.593+10533.396)/ 2 )
=6129.692/10162.9945
=0.60

Jong Shyn Shipbuilding Co's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=3831.131/( (9722.933+10533.396)/ 2 )
=3831.131/10128.1645
=0.38

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.38 mean?
Jong Shyn Shipbuilding Co (ROCO:2644) has a Asset Turnover of 0.38 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jong Shyn Shipbuilding Co and its competitors.
Is Jong Shyn Shipbuilding Co's Asset Turnover too high?
Jong Shyn Shipbuilding Co's current Asset Turnover is 0.38. Overall, Jong Shyn Shipbuilding Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jong Shyn Shipbuilding Co's Asset Turnover compare to SPCX and GE?
Jong Shyn Shipbuilding Co's Asset Turnover of 0.38 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jong Shyn Shipbuilding Co and its competitors. Jong Shyn Shipbuilding Co's current Asset Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jong Shyn Shipbuilding Co stock overvalued right now?
Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co (ROCO:2644) is currently considered Possible Value Trap. The stock's GF Value™ is NT$131.51, compared to a current price of NT$83.90 — trading 36.2% below its estimated fair value. The current Asset Turnover is 0.38. Jong Shyn Shipbuilding Co's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Jong Shyn Shipbuilding Co (ROCO:2644), the current Asset Turnover is 0.38 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jong Shyn Shipbuilding Co (ROCO:2644) Overvalued in 2026?

Based on GuruFocus' analysis, Jong Shyn Shipbuilding Co stock appears to be undervalued. The current stock price of NT$83.90 is trading 36.2% below its estimated GF Value™ of NT$131.51. GuruFocus considers Jong Shyn Shipbuilding Co to be Possible Value Trap.

Key valuation signals for ROCO:2644:

  • Asset Turnover: 0.38
  • GF Value™: NT$131.51 vs. price of NT$83.90 (36.2% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the ROCO:2644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jong Shyn Shipbuilding Co Business Description

Address No. 77, Shangzhu Lane, Zhongzhou 3rd Road, Shangzhuli, Cijin District, Kaohsiung, TWN, 805301
Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.
54GF Score

Get the complete analysis for ROCO:2644

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$83.90
Price
NT$131.51
GF Value