ROCO:3659 has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ROCO:3659 has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
BISON Electronics Inc ROCO:3659
BISON Electronics ROCO:3659 -5.91% 75 Asset Turnover is 0.59 as of Dec. 2025. GuruFocus rates ROCO:3659 with a GF Score™ of 75/100 and a GF Value™ of NT$30.17 (Significantly Undervalued). The stock has 5 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. BISON Electronics's Revenue for the six months ended in Dec. 2025 was NT$1,398 Mil. BISON Electronics's Total Assets for the quarter that ended in Dec. 2025 was NT$2,386 Mil. Therefore, BISON Electronics's Asset Turnover for the quarter that ended in Dec. 2025 was 0.59.
Asset Turnover is linked to ROE % through Du Pont Formula. BISON Electronics's annualized ROE % for the quarter that ended in Dec. 2025 was 14.05%. It is also linked to ROA % through Du Pont Formula. BISON Electronics's annualized ROA % for the quarter that ended in Dec. 2025 was 6.16%.
BISON Electronics (ROCO:3659) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
BISON Electronics's annulized ROE % for the quarter that ended in Dec. 2025 is
| ROE %** | (Q: Dec. 2025 ) | ||||
| = | Net Income | / | Total Stockholders Equity | ||
| = | 146.926 | / | 1045.7585 | ||
| = | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
| = | (146.926 / 2795.182) | * | (2795.182 / 2386.3375) | * | (2386.3375/ 1045.7585) |
| = | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
| = | 5.26 % | * | 1.1713 | * | 2.2819 |
| = | ROA % | * | Equity Multiplier | ||
| = | 6.16 % | * | 2.2819 | ||
| = | 14.05 % |
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:
BISON Electronics's annulized ROA % for the quarter that ended in Dec. 2025 is
| ROA % | (Q: Dec. 2025 ) | ||
| = | Net Income | / | Total Assets |
| = | 146.926 | / | 2386.3375 |
| = | (Net Income / Revenue) | * | (Revenue / Total Assets) |
| = | (146.926 / 2795.182) | * | (2795.182 / 2386.3375) |
| = | Net Margin % | * | Asset Turnover |
| = | 5.26 % | * | 1.1713 |
| = | 6.16 % |
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.
The historical data trend for BISON Electronics'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.
| BISON Electronics Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Asset Turnover | Get a 7-Day Free Trial |
|
|
1.16 | 1.15 | 1.16 | 1.08 | 1.09 | |||||||||||||
| BISON Electronics Semi-Annual Data | ||||||||||||||||||||
| Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | Dec24 | Jun25 | Dec25 | |
| Asset Turnover | Get a 7-Day Free Trial |
|
|
|
|
|
|
|
|
|
|
|
|
0.61 | 0.54 | 0.58 | 0.52 | 0.59 | ||
For the Computer Hardware subindustry, BISON Electronics'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.
For the Hardware industry and Technology sector, BISON Electronics's Asset Turnover distribution charts can be found below:
* The bar in red indicates where BISON Electronics's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
BISON Electronics'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 ) |
| = | 2711.571 | / | ( (2615.534 | + | 2352.974) | / 2 ) |
| = | 2711.571 | / | 2484.254 | |||
| = | 1.09 |
BISON Electronics'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 ) |
| = | 1397.591 | / | ( (2419.701 | + | 2352.974) | / 2 ) |
| = | 1397.591 | / | 2386.3375 | |||
| = | 0.59 |
* 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.
Based on GuruFocus' analysis, BISON Electronics stock appears to be undervalued. The current stock price of NT$20.70 is trading 31.4% below its estimated GF Value™ of NT$30.17. GuruFocus considers BISON Electronics to be Significantly Undervalued.
Key valuation signals for ROCO:3659:
No single metric tells the full story. See the ROCO:3659 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.