Pancolour Ink Co (ROCO:4765) Asset Turnover: 0.17 (As of Jun. 2025)


ROCO:4765 Pancolour Ink Co Ltd ROCO:4765
71 GF Score
Price NT$16.35
GF Value NT$15.70
Valuation Fairly Valued
! 4 Warning Signs
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What is Pancolour Ink Co Asset Turnover?

Pancolour Ink Co ROCO:4765 +1.55% 71 Asset Turnover is 0.17 as of Jun. 2025. GuruFocus rates ROCO:4765 with a GF Score™ of 71/100 and a GF Value™ of NT$15.70 (Fairly Valued). The stock has 4 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. Pancolour Ink Co's Revenue for the six months ended in Jun. 2025 was NT$140.0 Mil. Pancolour Ink Co's Total Assets for the quarter that ended in Jun. 2025 was NT$838.2 Mil. Therefore, Pancolour Ink Co's Asset Turnover for the quarter that ended in Jun. 2025 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Pancolour Ink Co's annualized ROE % for the quarter that ended in Jun. 2025 was -8.17%. It is also linked to ROA % through Du Pont Formula. Pancolour Ink Co's annualized ROA % for the quarter that ended in Jun. 2025 was -4.54%.


Pancolour Ink Co  (ROCO:4765) Asset Turnover Explanation

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

Pancolour Ink Co's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=-38.068/466.189
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-38.068 / 280.054)*(280.054 / 838.152)*(838.152/ 466.189)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.59 %*0.3341*1.7979
=ROA %*Equity Multiplier
=-4.54 %*1.7979
=-8.17 %

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

Pancolour Ink Co's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=-38.068/838.152
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-38.068 / 280.054)*(280.054 / 838.152)
=Net Margin %*Asset Turnover
=-13.59 %*0.3341
=-4.54 %

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


Pancolour Ink Co Asset Turnover Related Terms


Pancolour Ink Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Pancolour Ink 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.

Pancolour Ink Co Asset Turnover Chart

Pancolour Ink 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 0.49 0.39 0.41 0.30 0.35

Pancolour Ink Co Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.15 0.16 0.19 0.16 0.17

ROCO:4765 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Pancolour Ink 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.


Pancolour Ink Co Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pancolour Ink Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pancolour Ink Co's Asset Turnover falls into.


ROCO:4765
71GF Score
Pancolour Ink Co Ltd ROCO:4765
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pancolour Ink Co Asset Turnover Calculation

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

Pancolour Ink 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 )
=307.207/( (916.589+852.416)/ 2 )
=307.207/884.5025
=0.35

Pancolour Ink Co's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=140.027/( (852.416+823.888)/ 2 )
=140.027/838.152
=0.17

* 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 0.17 mean?
Pancolour Ink Co (ROCO:4765) has a Asset Turnover of 0.17 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Pancolour Ink Co and its competitors.
Is Pancolour Ink Co's Asset Turnover too high?
Pancolour Ink Co's current Asset Turnover is 0.17. Overall, Pancolour Ink Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pancolour Ink Co's Asset Turnover compare to LIN and SHW?
Pancolour Ink Co's Asset Turnover of 0.17 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Pancolour Ink Co and its competitors. Pancolour Ink Co's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pancolour Ink Co stock overvalued right now?
Based on GuruFocus' analysis, Pancolour Ink Co (ROCO:4765) is currently considered Fairly Valued. The stock's GF Value™ is NT$15.70, compared to a current price of NT$16.35 — trading 4.1% above its estimated fair value. The current Asset Turnover is 0.17. Pancolour Ink Co's overall GF Score™ is 71/100 with 4 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 Pancolour Ink Co (ROCO:4765), the current Asset Turnover is 0.17 as of Jun. 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 Pancolour Ink Co (ROCO:4765) Overvalued in 2026?

Based on GuruFocus' analysis, Pancolour Ink Co stock appears to be overvalued. The current stock price of NT$16.35 is trading 4.1% above its estimated GF Value™ of NT$15.70. GuruFocus considers Pancolour Ink Co to be Fairly Valued.

Key valuation signals for ROCO:4765:

  • Asset Turnover: 0.17
  • GF Value™: NT$15.70 vs. price of NT$16.35 (4.1% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ROCO:4765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pancolour Ink Co Business Description

Address No. 72-1, Wenming Road, Leshan Lane, Gueishan District, Taoyuan, TWN, 33383
Pancolour Ink Co Ltd is involved in manufacturing UV curable inks, coatings, and adhesives in Taiwan. Its products are used for IC chips, optical discs, plastic and paper products; bonding needs of metal, glass, and other materials; and plastic flexible tubes.
71GF Score

Get the complete analysis for ROCO:4765

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

NT$16.35
Price
NT$15.70
GF Value