Tainet Communication System (ROCO:4905) Asset Turnover: 0.05 (As of Dec. 2025)


ROCO:4905 Tainet Communication System Corp ROCO:4905
54 GF Score
Price NT$67.20
GF Value NT$278.20
Valuation Possible Value Trap
! 7 Warning Signs
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What is Tainet Communication System Asset Turnover?

Tainet Communication System ROCO:4905 +0.30% 54 Asset Turnover is 0.05 as of Dec. 2025. GuruFocus rates ROCO:4905 with a GF Score™ of 54/100 and a GF Value™ of NT$278.20 (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. Tainet Communication System's Revenue for the three months ended in Dec. 2025 was NT$205.9 Mil. Tainet Communication System's Total Assets for the quarter that ended in Dec. 2025 was NT$4,432.4 Mil. Therefore, Tainet Communication System's Asset Turnover for the quarter that ended in Dec. 2025 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Tainet Communication System's annualized ROE % for the quarter that ended in Dec. 2025 was 4.01%. It is also linked to ROA % through Du Pont Formula. Tainet Communication System's annualized ROA % for the quarter that ended in Dec. 2025 was 2.59%.


Tainet Communication System  (ROCO:4905) Asset Turnover Explanation

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

Tainet Communication System's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=114.724/2864.201
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(114.724 / 823.496)*(823.496 / 4432.403)*(4432.403/ 2864.201)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.93 %*0.1858*1.5475
=ROA %*Equity Multiplier
=2.59 %*1.5475
=4.01 %

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

Tainet Communication System's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=114.724/4432.403
=(Net Income / Revenue)*(Revenue / Total Assets)
=(114.724 / 823.496)*(823.496 / 4432.403)
=Net Margin %*Asset Turnover
=13.93 %*0.1858
=2.59 %

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


Tainet Communication System Asset Turnover Related Terms


Tainet Communication System Asset Turnover Historical Data

* Premium members only.

The historical data trend for Tainet Communication System'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.

Tainet Communication System Asset Turnover Chart

Tainet Communication System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.04 0.15 0.17

Tainet Communication System Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.04 0.04 0.05

ROCO:4905 vs CSCO, CIEN, MSI: Asset Turnover Comparison

For the Communication Equipment subindustry, Tainet Communication System'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.


Tainet Communication System Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Tainet Communication System's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Tainet Communication System's Asset Turnover falls into.


ROCO:4905
54GF Score
Tainet Communication System Corp ROCO:4905
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tainet Communication System Asset Turnover Calculation

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

Tainet Communication System'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 )
=726.755/( (4405.506+4349.235)/ 2 )
=726.755/4377.3705
=0.17

Tainet Communication System'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: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=205.874/( (4515.571+4349.235)/ 2 )
=205.874/4432.403
=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?
Tainet Communication System (ROCO:4905) has a Asset Turnover of 0.05 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Tainet Communication System and its competitors.
Is Tainet Communication System's Asset Turnover too high?
Tainet Communication System's current Asset Turnover is 0.05. Overall, Tainet Communication System 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 Tainet Communication System's Asset Turnover compare to CSCO and CIEN?
Tainet Communication System'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 Tainet Communication System and its competitors. Tainet Communication System'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 Tainet Communication System stock overvalued right now?
Based on GuruFocus' analysis, Tainet Communication System (ROCO:4905) is currently considered Possible Value Trap. The stock's GF Value™ is NT$278.20, compared to a current price of NT$67.20 — trading 75.8% below its estimated fair value. The current Asset Turnover is 0.05. Tainet Communication System'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 Tainet Communication System (ROCO:4905), the current Asset Turnover is 0.05 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 Tainet Communication System (ROCO:4905) Overvalued in 2026?

Based on GuruFocus' analysis, Tainet Communication System stock appears to be undervalued. The current stock price of NT$67.20 is trading 75.8% below its estimated GF Value™ of NT$278.20. GuruFocus considers Tainet Communication System to be Possible Value Trap.

Key valuation signals for ROCO:4905:

  • Asset Turnover: 0.05
  • GF Value™: NT$278.20 vs. price of NT$67.20 (75.8% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the ROCO:4905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainet Communication System Business Description

Address No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
54GF Score

Get the complete analysis for ROCO:4905

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

NT$67.20
Price
NT$278.20
GF Value