Baotek Industrial Materials (ROCO:5340) Asset Turnover: 0.21 (As of Dec. 2025)


ROCO:5340 Baotek Industrial Materials Ltd ROCO:5340
80 GF Score
Price NT$82.80
GF Value NT$81.71
Valuation Fairly Valued
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What is Baotek Industrial Materials Asset Turnover?

Baotek Industrial Materials ROCO:5340 80 Asset Turnover is 0.21 as of Dec. 2025. GuruFocus rates ROCO:5340 with a GF Score™ of 80/100 and a GF Value™ of NT$81.71 (Fairly Valued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Baotek Industrial Materials's Revenue for the three months ended in Dec. 2025 was NT$601 Mil. Baotek Industrial Materials's Total Assets for the quarter that ended in Dec. 2025 was NT$2,807 Mil. Therefore, Baotek Industrial Materials's Asset Turnover for the quarter that ended in Dec. 2025 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Baotek Industrial Materials's annualized ROE % for the quarter that ended in Dec. 2025 was 14.22%. It is also linked to ROA % through Du Pont Formula. Baotek Industrial Materials's annualized ROA % for the quarter that ended in Dec. 2025 was 11.42%.


Baotek Industrial Materials  (ROCO:5340) Asset Turnover Explanation

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

Baotek Industrial Materials's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=320.5/2253.5205
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(320.5 / 2404.756)*(2404.756 / 2807.0945)*(2807.0945/ 2253.5205)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.33 %*0.8567*1.2456
=ROA %*Equity Multiplier
=11.42 %*1.2456
=14.22 %

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:

Baotek Industrial Materials's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=320.5/2807.0945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(320.5 / 2404.756)*(2404.756 / 2807.0945)
=Net Margin %*Asset Turnover
=13.33 %*0.8567
=11.42 %

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.


Baotek Industrial Materials Asset Turnover Related Terms


Baotek Industrial Materials Asset Turnover Historical Data

* Premium members only.

The historical data trend for Baotek Industrial Materials'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.

Baotek Industrial Materials Asset Turnover Chart

Baotek Industrial Materials 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 0.67 0.62 0.55 0.81 0.83

Baotek Industrial Materials 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 0.21 0.20 0.22 0.21 0.21

Baotek Industrial Materials Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Baotek Industrial Materials'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.


Baotek Industrial Materials Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Baotek Industrial Materials's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Baotek Industrial Materials's Asset Turnover falls into.


ROCO:5340
80GF Score
Baotek Industrial Materials Ltd ROCO:5340
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Baotek Industrial Materials Asset Turnover Calculation

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

Baotek Industrial Materials'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 )
=2277.939/( (2599.726+2901.08)/ 2 )
=2277.939/2750.403
=0.83

Baotek Industrial Materials'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 )
=601.189/( (2713.109+2901.08)/ 2 )
=601.189/2807.0945
=0.21

* 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 0.21 mean?
Baotek Industrial Materials (ROCO:5340) has a Asset Turnover of 0.21 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Baotek Industrial Materials and its competitors.
Is Baotek Industrial Materials' Asset Turnover too high?
Baotek Industrial Materials' current Asset Turnover is 0.21. Overall, Baotek Industrial Materials has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baotek Industrial Materials' Asset Turnover compare to competitors?
Baotek Industrial Materials' Asset Turnover of 0.21 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Baotek Industrial Materials and its competitors. Baotek Industrial Materials's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baotek Industrial Materials stock overvalued right now?
Based on GuruFocus' analysis, Baotek Industrial Materials (ROCO:5340) is currently considered Fairly Valued. The stock's GF Value™ is NT$81.71, compared to a current price of NT$82.80 — trading 1.3% above its estimated fair value. The current Asset Turnover is 0.21. Baotek Industrial Materials' overall GF Score™ is 80/100. 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 Baotek Industrial Materials (ROCO:5340), the current Asset Turnover is 0.21 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 Baotek Industrial Materials (ROCO:5340) Overvalued in 2026?

Based on GuruFocus' analysis, Baotek Industrial Materials stock appears to be overvalued. The current stock price of NT$82.80 is trading 1.3% above its estimated GF Value™ of NT$81.71. GuruFocus considers Baotek Industrial Materials to be Fairly Valued.

Key valuation signals for ROCO:5340:

  • Asset Turnover: 0.21
  • GF Value™: NT$81.71 vs. price of NT$82.80 (1.3% above fair value)
  • GF Score™: 80/100

No single metric tells the full story. See the ROCO:5340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baotek Industrial Materials Business Description

Address No. 277, Minfeng Road, Yang Mei District, Taoyuan, TWN, 326
Baotek Industrial Materials Ltd is a Taiwan-based company engaged in manufacturing high-end fiberglass fabrics for copper-clad laminates of various electronic applications. It offers products for industrial purposes, such as aerospace fiberglass, filter bags, fiberglass sun shade, PTFE, and electronic products. Its Electronic Grade Fiberglass products encompass copper-clad laminates for electronic applications. The company generates the majority of its revenue from Taiwan and also has a presence in Japan, China, America, and Other countries.
80GF Score

Get the complete analysis for ROCO:5340

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

NT$82.80
Price
NT$81.71
GF Value