Taiwan Hopax Chemicals MFG Co (ROCO:6509) Asset Turnover: 0.14 (As of Dec. 2025)


ROCO:6509 Taiwan Hopax Chemicals MFG Co Ltd ROCO:6509
75 GF Score
Price NT$55.60
GF Value NT$32.50
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Taiwan Hopax Chemicals MFG Co Asset Turnover?

Taiwan Hopax Chemicals MFG Co ROCO:6509 +6.31% 75 Asset Turnover is 0.14 as of Dec. 2025. GuruFocus rates ROCO:6509 with a GF Score™ of 75/100 and a GF Value™ of NT$32.50 (Significantly Overvalued). The stock has 6 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. Taiwan Hopax Chemicals MFG Co's Revenue for the three months ended in Dec. 2025 was NT$1,093 Mil. Taiwan Hopax Chemicals MFG Co's Total Assets for the quarter that ended in Dec. 2025 was NT$7,572 Mil. Therefore, Taiwan Hopax Chemicals MFG Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Taiwan Hopax Chemicals MFG Co's annualized ROE % for the quarter that ended in Dec. 2025 was 7.91%. It is also linked to ROA % through Du Pont Formula. Taiwan Hopax Chemicals MFG Co's annualized ROA % for the quarter that ended in Dec. 2025 was 5.37%.


Taiwan Hopax Chemicals MFG Co  (ROCO:6509) Asset Turnover Explanation

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

Taiwan Hopax Chemicals MFG Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=406.436/5139.342
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(406.436 / 4372.176)*(4372.176 / 7571.5325)*(7571.5325/ 5139.342)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.3 %*0.5774*1.4732
=ROA %*Equity Multiplier
=5.37 %*1.4732
=7.91 %

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:

Taiwan Hopax Chemicals MFG Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=406.436/7571.5325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(406.436 / 4372.176)*(4372.176 / 7571.5325)
=Net Margin %*Asset Turnover
=9.3 %*0.5774
=5.37 %

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.


Taiwan Hopax Chemicals MFG Co Asset Turnover Related Terms


Taiwan Hopax Chemicals MFG Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Taiwan Hopax Chemicals MFG 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.

Taiwan Hopax Chemicals MFG Co Asset Turnover Chart

Taiwan Hopax Chemicals MFG Co 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 0.79 0.84 0.71 0.71 0.64

Taiwan Hopax Chemicals MFG Co 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 0.15 0.18 0.18 0.17 0.14

ROCO:6509 vs LIN, SHW, ECL: Asset Turnover Comparison

For the Specialty Chemicals subindustry, Taiwan Hopax Chemicals MFG 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.


Taiwan Hopax Chemicals MFG Co Asset Turnover vs Chemicals Industry

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

* The bar in red indicates where Taiwan Hopax Chemicals MFG Co's Asset Turnover falls into.


ROCO:6509
75GF Score
Taiwan Hopax Chemicals MFG Co Ltd ROCO:6509
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Hopax Chemicals MFG Co Asset Turnover Calculation

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

Taiwan Hopax Chemicals MFG Co'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 )
=4877.141/( (7327.27+7874.243)/ 2 )
=4877.141/7600.7565
=0.64

Taiwan Hopax Chemicals MFG Co'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 )
=1093.044/( (7268.822+7874.243)/ 2 )
=1093.044/7571.5325
=0.14

* 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 0.14 mean?
Taiwan Hopax Chemicals MFG Co (ROCO:6509) has a Asset Turnover of 0.14 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Taiwan Hopax Chemicals MFG Co and its competitors.
Is Taiwan Hopax Chemicals MFG Co's Asset Turnover too high?
Taiwan Hopax Chemicals MFG Co's current Asset Turnover is 0.14. Overall, Taiwan Hopax Chemicals MFG Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Hopax Chemicals MFG Co's Asset Turnover compare to LIN and SHW?
Taiwan Hopax Chemicals MFG Co's Asset Turnover of 0.14 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 Taiwan Hopax Chemicals MFG Co and its competitors. Taiwan Hopax Chemicals MFG Co's current Asset Turnover is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Hopax Chemicals MFG Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co (ROCO:6509) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$32.50, compared to a current price of NT$55.60 — trading 71.1% above its estimated fair value. The current Asset Turnover is 0.14. Taiwan Hopax Chemicals MFG Co's overall GF Score™ is 75/100 with 6 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 Taiwan Hopax Chemicals MFG Co (ROCO:6509), the current Asset Turnover is 0.14 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 Taiwan Hopax Chemicals MFG Co (ROCO:6509) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Hopax Chemicals MFG Co stock appears to be overvalued. The current stock price of NT$55.60 is trading 71.1% above its estimated GF Value™ of NT$32.50. GuruFocus considers Taiwan Hopax Chemicals MFG Co to be Significantly Overvalued.

Key valuation signals for ROCO:6509:

  • Asset Turnover: 0.14
  • GF Value™: NT$32.50 vs. price of NT$55.60 (71.1% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the ROCO:6509 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Hopax Chemicals MFG Co Business Description

Address No. 28, Huadong Road, Chaoliao Village, Daliao District, Kaohsiung, TWN, 83162
Taiwan Hopax Chemicals MFG Co Ltd manufactures, processes and sells chemical raw materials for pharmaceuticals, industrial, paper making and office stationery. Its product range includes Biopharmaceuticals, Biological reagents, Cell culture medium, Diagnostic Reagent Kits, Electroplating Additives, Lithium battery additives, Dispersants, Carbon-free copy paper specialty chemicals, Wet End Chemicals, Coating Additives, and Boiler water treatment agent. The company's segments include Specialty Chemicals, Fine Chemicals, Office Stationery, and Other segment.
75GF Score

Get the complete analysis for ROCO:6509

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

NT$55.60
Price
NT$32.50
GF Value