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Win Semiconductors (ROCO:3105) Asset Turnover : 0.07 (As of Sep. 2024)


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What is Win Semiconductors Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Win Semiconductors's Revenue for the three months ended in Sep. 2024 was NT$4,348 Mil. Win Semiconductors's Total Assets for the quarter that ended in Sep. 2024 was NT$64,612 Mil. Therefore, Win Semiconductors's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Win Semiconductors's annualized ROE % for the quarter that ended in Sep. 2024 was 2.48%. It is also linked to ROA % through Du Pont Formula. Win Semiconductors's annualized ROA % for the quarter that ended in Sep. 2024 was 1.41%.


Win Semiconductors Asset Turnover Historical Data

The historical data trend for Win Semiconductors'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.

Win Semiconductors Asset Turnover Chart

Win Semiconductors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.53 0.40 0.26 0.23

Win Semiconductors Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.06 0.07 0.07 0.08 0.07

Competitive Comparison of Win Semiconductors's Asset Turnover

For the Semiconductors subindustry, Win Semiconductors'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.


Win Semiconductors's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Win Semiconductors's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Win Semiconductors's Asset Turnover falls into.



Win Semiconductors Asset Turnover Calculation

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

Win Semiconductors'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 )
=15836.498/( (69128.213+69168.035)/ 2 )
=15836.498/69148.124
=0.23

Win Semiconductors's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=4347.821/( (65013.818+64209.406)/ 2 )
=4347.821/64611.612
=0.07

* 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.


Win Semiconductors  (ROCO:3105) Asset Turnover Explanation

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

Win Semiconductors's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=913.292/36842.468
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(913.292 / 17391.284)*(17391.284 / 64611.612)*(64611.612/ 36842.468)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.25 %*0.2692*1.7537
=ROA %*Equity Multiplier
=1.41 %*1.7537
=2.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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:

Win Semiconductors's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=913.292/64611.612
=(Net Income / Revenue)*(Revenue / Total Assets)
=(913.292 / 17391.284)*(17391.284 / 64611.612)
=Net Margin %*Asset Turnover
=5.25 %*0.2692
=1.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Win Semiconductors Asset Turnover Related Terms

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Win Semiconductors Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Keji 7th Road, Hwaya Technology Park, Guishan District, Taoyuan, TWN, 33383
Founded in 1999, Win Semiconductors is the largest foundry for nonsilicon-based semiconductor components, most notably gallium arsenide, or GaAs; gallium nitride, or GaN; and silicon carbide, or SiC. Per Strategy Analytics, Win Semi wielded almost 70% share in the GaAs foundry market in 2023, followed by Advanced Wireless Semiconductor and GCS Holdings. The company's headquarters, four factories and most of its 3,500 employees are based in Taoyuan City, Taiwan. Its products are applied in mobile, Wi-Fi networks, cellular infrastructure (such as base stations), satellite communication, optical communication and 3D sensing. The company also provides automated testing and inspection services.

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