Solid Year Co (ROCO:6737) Asset Turnover: 0.45 (As of Dec. 2025)

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ROCO:6737 Solid Year Co Ltd ROCO:6737
76 GF Score
Price NT$30.00
GF Value NT$30.40
Valuation Fairly Valued
! 5 Warning Signs
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What is Solid Year Co Asset Turnover?

Solid Year Co ROCO:6737 76 Asset Turnover is 0.45 as of Dec. 2025. GuruFocus rates ROCO:6737 with a GF Score™ of 76/100 and a GF Value™ of NT$30.40 (Fairly Valued). The stock has 5 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. Solid Year Co's Revenue for the six months ended in Dec. 2025 was NT$1,300 Mil. Solid Year Co's Total Assets for the quarter that ended in Dec. 2025 was NT$2,878 Mil. Therefore, Solid Year Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.45.

Asset Turnover is linked to ROE % through Du Pont Formula. Solid Year Co's annualized ROE % for the quarter that ended in Dec. 2025 was 4.50%. It is also linked to ROA % through Du Pont Formula. Solid Year Co's annualized ROA % for the quarter that ended in Dec. 2025 was 2.65%.


Solid Year Co  (ROCO:6737) Asset Turnover Explanation

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

Solid Year Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=76.142/1692.942
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(76.142 / 2600.102)*(2600.102 / 2877.5535)*(2877.5535/ 1692.942)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.93 %*0.9036*1.6997
=ROA %*Equity Multiplier
=2.65 %*1.6997
=4.50 %

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:

Solid Year Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=76.142/2877.5535
=(Net Income / Revenue)*(Revenue / Total Assets)
=(76.142 / 2600.102)*(2600.102 / 2877.5535)
=Net Margin %*Asset Turnover
=2.93 %*0.9036
=2.65 %

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.


Solid Year Co Asset Turnover Related Terms


Solid Year Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Solid Year 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.

Solid Year Co Asset Turnover Chart

Solid Year 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 1.37 1.27 0.98 1.35 0.87

Solid Year Co Semi-Annual Data
Dec16 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 0.59 0.69 0.66 0.48 0.45

ROCO:6737 vs SNDK, DELL, STX: Asset Turnover Comparison

For the Computer Hardware subindustry, Solid Year 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.


Solid Year Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Solid Year Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Solid Year Co's Asset Turnover falls into.


ROCO:6737
76GF Score
Solid Year Co Ltd ROCO:6737
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Year Co Asset Turnover Calculation

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

Solid Year 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 )
=2849.279/( (3653.187+2923.823)/ 2 )
=2849.279/3288.505
=0.87

Solid Year 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: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=1300.051/( (2831.284+2923.823)/ 2 )
=1300.051/2877.5535
=0.45

* 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 0.45 mean?
Solid Year Co (ROCO:6737) has a Asset Turnover of 0.45 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Solid Year Co and its competitors.
Is Solid Year Co's Asset Turnover too high?
Solid Year Co's current Asset Turnover is 0.45. Overall, Solid Year Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solid Year Co's Asset Turnover compare to SNDK and DELL?
Solid Year Co's Asset Turnover of 0.45 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 Solid Year Co and its competitors. Solid Year Co's current Asset Turnover is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Year Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Year Co (ROCO:6737) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.40, compared to a current price of NT$30.00 — trading 1.3% below its estimated fair value. The current Asset Turnover is 0.45. Solid Year Co's overall GF Score™ is 76/100 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 Solid Year Co (ROCO:6737), the current Asset Turnover is 0.45 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 Solid Year Co (ROCO:6737) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Year Co stock appears to be undervalued. The current stock price of NT$30.00 is trading 1.3% below its estimated GF Value™ of NT$30.40. GuruFocus considers Solid Year Co to be Fairly Valued.

Key valuation signals for ROCO:6737:

  • Asset Turnover: 0.45
  • GF Value™: NT$30.40 vs. price of NT$30.00 (1.3% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Year Co Business Description

Address Xintai 5th Road, 18th Floor - 11, No. 97, Section 1, Xizhi District, New Taipei City, TWN
Solid Year Co Ltd is engaged in the manufacturing, import, and export of various electronic components and computer peripheral equipment. The company's reportable segments are the Manufacturing Service Department and Other departments. The majority of its revenue is generated from the Manufacturing Service Department, which manufactures and sells products like keyboards, network cameras, camera modules, driving recorders, hunting machines, projectors, game controllers, automotive electronics, and in-car multimedia, among others.
76GF Score

Get the complete analysis for ROCO:6737

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

NT$30.00
Price
NT$30.40
GF Value