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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hwacom Systems's Revenue for the
three
months ended in Dec. 2025 was NT$2,244 Mil. Hwacom Systems's Total Assets for the quarter that ended in Dec. 2025 was NT$6,521 Mil. Therefore, Hwacom Systems's Asset Turnover for the quarter that ended in Dec. 2025 was 0.34.
Asset Turnover is linked to ROE % through Du Pont Formula. Hwacom Systems's annualizedROE % for the quarter that ended in Dec. 2025 was 18.93%. It is also linked to ROA % through Du Pont Formula. Hwacom Systems's annualizedROA % for the quarter that ended in Dec. 2025 was 7.90%.
Hwacom Systems (ROCO:6163) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Hwacom Systems's annulizedROE % for the quarter that ended in Dec. 2025 is
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:
Hwacom Systems's annulizedROA % for the quarter that ended in Dec. 2025 is
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.
Hwacom Systems Asset Turnover Related Terms
Hwacom Systems Asset Turnover Historical Data
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The historical data trend for Hwacom Systems'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.
ROCO:6163 vs VZ, TMUS, T: Asset Turnover Comparison
For the Telecom Services subindustry, Hwacom Systems'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.
Hwacom Systems Asset Turnover vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Hwacom Systems's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Hwacom Systems's Asset Turnover falls into.
* 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.
Hwacom Systems (ROCO:6163) has a Asset Turnover of 0.34 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hwacom Systems and its competitors.
Is Hwacom Systems' Asset Turnover too high?
Hwacom Systems' current Asset Turnover is 0.34. Overall, Hwacom Systems has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwacom Systems' Asset Turnover compare to VZ and TMUS?
Hwacom Systems' Asset Turnover of 0.34 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Asset Turnover depends on the Telecommunication Services 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 Hwacom Systems and its competitors. Hwacom Systems's current Asset Turnover is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwacom Systems stock overvalued right now?
Based on GuruFocus' analysis, Hwacom Systems (ROCO:6163) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$33.78, compared to a current price of NT$41.00 — trading 21.4% above its estimated fair value. The current Asset Turnover is 0.34. Hwacom Systems' overall GF Score™ is 55/100 with 5 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 Hwacom Systems (ROCO:6163), the current Asset Turnover is 0.34 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 Hwacom Systems (ROCO:6163) Overvalued in 2026?
Based on GuruFocus' analysis, Hwacom Systems stock appears to be overvalued.
The current stock price of NT$41.00 is trading 21.4% above its estimated GF Value™ of NT$33.78.
GuruFocus considers Hwacom Systems to be Modestly Overvalued.
Key valuation signals for ROCO:6163:
Asset Turnover: 0.34
GF Value™: NT$33.78 vs. price of NT$41.00 (21.4% above fair value)
No single metric tells the full story. See the ROCO:6163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwacom Systems Inc main business activities include telecommunication integration system services, IP broadband network services, media industry services, smart city businesses, and enterprise customer services. Its products include AgileTV, AMS - Airport Terminal Operations Management System, Arista, Ateme, and AWS. The Company is committed to providing products and services in four areas: information and communication technology, digital media, smart applications and cybersecurity.
55GF Score
Get the complete analysis for ROCO:6163
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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