High Power Lighting (ROCO:6559) Asset Turnover: 0.17 (As of Dec. 2025)


ROCO:6559 High Power Lighting Corp ROCO:6559
51 GF Score
Price NT$19.00
GF Value NT$13.12
Valuation Significantly Overvalued
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What is High Power Lighting Asset Turnover?

High Power Lighting ROCO:6559 -0.52% 51 Asset Turnover is 0.17 as of Dec. 2025. GuruFocus rates ROCO:6559 with a GF Score™ of 51/100 and a GF Value™ of NT$13.12 (Significantly Overvalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. High Power Lighting's Revenue for the six months ended in Dec. 2025 was NT$47.64 Mil. High Power Lighting's Total Assets for the quarter that ended in Dec. 2025 was NT$276.36 Mil. Therefore, High Power Lighting's Asset Turnover for the quarter that ended in Dec. 2025 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. High Power Lighting's annualized ROE % for the quarter that ended in Dec. 2025 was 11.00%. It is also linked to ROA % through Du Pont Formula. High Power Lighting's annualized ROA % for the quarter that ended in Dec. 2025 was 9.67%.


High Power Lighting  (ROCO:6559) Asset Turnover Explanation

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

High Power Lighting's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=26.734/243.0955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.734 / 95.274)*(95.274 / 276.364)*(276.364/ 243.0955)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.06 %*0.3447*1.1369
=ROA %*Equity Multiplier
=9.67 %*1.1369
=11.00 %

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

High Power Lighting's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=26.734/276.364
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.734 / 95.274)*(95.274 / 276.364)
=Net Margin %*Asset Turnover
=28.06 %*0.3447
=9.67 %

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


High Power Lighting Asset Turnover Related Terms


High Power Lighting Asset Turnover Historical Data

* Premium members only.

The historical data trend for High Power Lighting'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.

High Power Lighting Asset Turnover Chart

High Power Lighting 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 0.37 0.34 0.26 0.31 0.34

High Power Lighting Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.13 0.15 0.17 0.18 0.17

ROCO:6559 vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, High Power Lighting'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.


High Power Lighting Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, High Power Lighting's Asset Turnover distribution charts can be found below:

* The bar in red indicates where High Power Lighting's Asset Turnover falls into.


ROCO:6559
51GF Score
High Power Lighting Corp ROCO:6559
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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High Power Lighting Asset Turnover Calculation

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

High Power Lighting'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 )
=95.715/( (273.93+288.15)/ 2 )
=95.715/281.04
=0.34

High Power Lighting'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: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=47.637/( (264.578+288.15)/ 2 )
=47.637/276.364
=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?
High Power Lighting (ROCO:6559) has a Asset Turnover of 0.17 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on High Power Lighting and its competitors.
Is High Power Lighting's Asset Turnover too high?
High Power Lighting's current Asset Turnover is 0.17. Overall, High Power Lighting has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does High Power Lighting's Asset Turnover compare to VRT and BE?
High Power Lighting's Asset Turnover of 0.17 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 High Power Lighting and its competitors. High Power Lighting'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 High Power Lighting stock overvalued right now?
Based on GuruFocus' analysis, High Power Lighting (ROCO:6559) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.12, compared to a current price of NT$19.00 — trading 44.8% above its estimated fair value. The current Asset Turnover is 0.17. High Power Lighting's overall GF Score™ is 51/100. 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 High Power Lighting (ROCO:6559), the current Asset Turnover is 0.17 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 High Power Lighting (ROCO:6559) Overvalued in 2026?

Based on GuruFocus' analysis, High Power Lighting stock appears to be overvalued. The current stock price of NT$19.00 is trading 44.8% above its estimated GF Value™ of NT$13.12. GuruFocus considers High Power Lighting to be Significantly Overvalued.

Key valuation signals for ROCO:6559:

  • Asset Turnover: 0.17
  • GF Value™: NT$13.12 vs. price of NT$19.00 (44.8% above fair value)
  • GF Score™: 51/100

No single metric tells the full story. See the ROCO:6559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Power Lighting Business Description

Address Number 173-8, Yongfeng Road, 2nd Floor, Tu Cheng District, New Taipei City, Taipei, TWN, 236
High Power Lighting Corp is involved in packaging, manufacturing, and designing of LED products. The company offers LED Lighting, Specialty UV, and IR Lighting & Plant-Growth Lighting.
51GF Score

Get the complete analysis for ROCO:6559

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

NT$19.00
Price
NT$13.12
GF Value