Taiwan Oasis Technology Co (ROCO:3066) Asset Turnover: 0.05 (As of Sep. 2025)

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ROCO:3066 Taiwan Oasis Technology Co Ltd ROCO:3066
50 GF Score
Price NT$22.20
GF Value NT$16.59
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Taiwan Oasis Technology Co Asset Turnover?

Taiwan Oasis Technology Co ROCO:3066 -8.26% 50 Asset Turnover is 0.05 as of Sep. 2025. GuruFocus rates ROCO:3066 with a GF Score™ of 50/100 and a GF Value™ of NT$16.59 (Significantly Overvalued). The stock has 2 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. Taiwan Oasis Technology Co's Revenue for the three months ended in Sep. 2025 was NT$86.7 Mil. Taiwan Oasis Technology Co's Total Assets for the quarter that ended in Sep. 2025 was NT$1,699.0 Mil. Therefore, Taiwan Oasis Technology Co's Asset Turnover for the quarter that ended in Sep. 2025 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Taiwan Oasis Technology Co's annualized ROE % for the quarter that ended in Sep. 2025 was 11.69%. It is also linked to ROA % through Du Pont Formula. Taiwan Oasis Technology Co's annualized ROA % for the quarter that ended in Sep. 2025 was 7.34%.


Taiwan Oasis Technology Co  (ROCO:3066) Asset Turnover Explanation

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

Taiwan Oasis Technology Co's annulized ROE % for the quarter that ended in Sep. 2025 is

ROE %**(Q: Sep. 2025 )
=Net Income/Total Stockholders Equity
=124.64/1065.776
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(124.64 / 346.952)*(346.952 / 1699.0405)*(1699.0405/ 1065.776)
=Net Margin %*Asset Turnover*Equity Multiplier
=35.92 %*0.2042*1.5942
=ROA %*Equity Multiplier
=7.34 %*1.5942
=11.69 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Taiwan Oasis Technology Co's annulized ROA % for the quarter that ended in Sep. 2025 is

ROA %(Q: Sep. 2025 )
=Net Income/Total Assets
=124.64/1699.0405
=(Net Income / Revenue)*(Revenue / Total Assets)
=(124.64 / 346.952)*(346.952 / 1699.0405)
=Net Margin %*Asset Turnover
=35.92 %*0.2042
=7.34 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Taiwan Oasis Technology Co Asset Turnover Related Terms


Taiwan Oasis Technology Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Taiwan Oasis Technology 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.

Taiwan Oasis Technology Co Asset Turnover Chart

Taiwan Oasis Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.27 0.17 0.13 0.13

Taiwan Oasis Technology Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.03 0.03 0.05

ROCO:3066 vs APH, GLW: Asset Turnover Comparison

For the Electronic Components subindustry, Taiwan Oasis Technology 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.


Taiwan Oasis Technology Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Taiwan Oasis Technology Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Taiwan Oasis Technology Co's Asset Turnover falls into.


ROCO:3066
50GF Score
Taiwan Oasis Technology Co Ltd ROCO:3066
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Oasis Technology Co Asset Turnover Calculation

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

Taiwan Oasis Technology Co's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=219.375/( (1557.246+1773.76)/ 2 )
=219.375/1665.503
=0.13

Taiwan Oasis Technology Co's Asset Turnover for the quarter that ended in Sep. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=86.738/( (1674.136+1723.945)/ 2 )
=86.738/1699.0405
=0.05

* 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 0.05 mean?
Taiwan Oasis Technology Co (ROCO:3066) has a Asset Turnover of 0.05 as of Sep. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Taiwan Oasis Technology Co and its competitors.
Is Taiwan Oasis Technology Co's Asset Turnover too high?
Taiwan Oasis Technology Co's current Asset Turnover is 0.05. Overall, Taiwan Oasis Technology Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Oasis Technology Co's Asset Turnover compare to APH and GLW?
Taiwan Oasis Technology Co's Asset Turnover of 0.05 can be compared against companies in the Hardware 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 a Hardware company?
A good Asset Turnover depends on the Hardware 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 Taiwan Oasis Technology Co and its competitors. Taiwan Oasis Technology Co's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Oasis Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Oasis Technology Co (ROCO:3066) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.59, compared to a current price of NT$22.20 — trading 33.8% above its estimated fair value. The current Asset Turnover is 0.05. Taiwan Oasis Technology Co's overall GF Score™ is 50/100 with 2 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 Taiwan Oasis Technology Co (ROCO:3066), the current Asset Turnover is 0.05 as of Sep. 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 Taiwan Oasis Technology Co (ROCO:3066) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Oasis Technology Co stock appears to be overvalued. The current stock price of NT$22.20 is trading 33.8% above its estimated GF Value™ of NT$16.59. GuruFocus considers Taiwan Oasis Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3066:

  • Asset Turnover: 0.05
  • GF Value™: NT$16.59 vs. price of NT$22.20 (33.8% above fair value)
  • GF Score™: 50/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Oasis Technology Co Business Description

Address No. 97, Xintai 5th Road, 27th Floor, Section 1, Xizhi District, New Taipei City, TWN, 22175
Taiwan Oasis Technology Co Ltd main businesses of the Company are import and export trading, processing, manufacturing, plastic products, raw materials, large and small hardware mechanical building materials, electronic components, materials of electrical appliances and all types of LED products. It has four segments LED opto-electronic mainly responsible for the design, development, manufacturing, and processing or LED products; epitaxy segment mainly responsible for the development, manufacturing, and sales of LED dies; semiconductor segment mainly responsible for the processing and sales of semiconductor chips; other segments mainly responsible for the design, manufacturing, processing of plastic molds and labor of which majority of revenue comes from LED opto-electronic segment.
50GF Score

Get the complete analysis for ROCO:3066

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

NT$22.20
Price
NT$16.59
GF Value