Jiu Han System Technology Co (ROCO:6903) Asset Turnover: 0.35 (As of Dec. 2025)


ROCO:6903 Jiu Han System Technology Co Ltd ROCO:6903
54 GF Score
Price NT$404.00
GF Value NT$150.72
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Jiu Han System Technology Co Asset Turnover?

Jiu Han System Technology Co ROCO:6903 -2.77% 54 Asset Turnover is 0.35 as of Dec. 2025. GuruFocus rates ROCO:6903 with a GF Score™ of 54/100 and a GF Value™ of NT$150.72 (Significantly Overvalued). The stock has 7 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. Jiu Han System Technology Co's Revenue for the three months ended in Dec. 2025 was NT$1,635 Mil. Jiu Han System Technology Co's Total Assets for the quarter that ended in Dec. 2025 was NT$4,682 Mil. Therefore, Jiu Han System Technology Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.35.

Asset Turnover is linked to ROE % through Du Pont Formula. Jiu Han System Technology Co's annualized ROE % for the quarter that ended in Dec. 2025 was 43.59%. It is also linked to ROA % through Du Pont Formula. Jiu Han System Technology Co's annualized ROA % for the quarter that ended in Dec. 2025 was 28.99%.


Jiu Han System Technology Co  (ROCO:6903) Asset Turnover Explanation

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

Jiu Han System Technology Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1357.3/3114.1105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1357.3 / 6540.784)*(6540.784 / 4682.4725)*(4682.4725/ 3114.1105)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.75 %*1.3969*1.5036
=ROA %*Equity Multiplier
=28.99 %*1.5036
=43.59 %

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:

Jiu Han System Technology Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=1357.3/4682.4725
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1357.3 / 6540.784)*(6540.784 / 4682.4725)
=Net Margin %*Asset Turnover
=20.75 %*1.3969
=28.99 %

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.


Jiu Han System Technology Co Asset Turnover Related Terms


Jiu Han System Technology Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Jiu Han System Technology 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.

Jiu Han System Technology Co Asset Turnover Chart

Jiu Han System Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 1.30 1.67 0.93 0.85 0.81

Jiu Han System Technology Co Quarterly Data
Dec19 Dec20 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 0.15 0.11 0.15 0.21 0.35

ROCO:6903 vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Jiu Han System Technology 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.


Jiu Han System Technology Co Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Jiu Han System Technology Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jiu Han System Technology Co's Asset Turnover falls into.


ROCO:6903
54GF Score
Jiu Han System Technology Co Ltd ROCO:6903
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiu Han System Technology Co Asset Turnover Calculation

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

Jiu Han System Technology 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 )
=3604.128/( (3802.536+5091.875)/ 2 )
=3604.128/4447.2055
=0.81

Jiu Han System Technology 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 )
=1635.196/( (4273.07+5091.875)/ 2 )
=1635.196/4682.4725
=0.35

* 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 0.35 mean?
Jiu Han System Technology Co (ROCO:6903) has a Asset Turnover of 0.35 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Jiu Han System Technology Co and its competitors.
Is Jiu Han System Technology Co's Asset Turnover too high?
Jiu Han System Technology Co's current Asset Turnover is 0.35. Overall, Jiu Han System Technology Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jiu Han System Technology Co's Asset Turnover compare to PWR and FIX?
Jiu Han System Technology Co's Asset Turnover of 0.35 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Jiu Han System Technology Co and its competitors. Jiu Han System Technology Co's current Asset Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiu Han System Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Jiu Han System Technology Co (ROCO:6903) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$150.72, compared to a current price of NT$404.00 — trading 168% above its estimated fair value. The current Asset Turnover is 0.35. Jiu Han System Technology Co's overall GF Score™ is 54/100 with 7 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 Jiu Han System Technology Co (ROCO:6903), the current Asset Turnover is 0.35 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 Jiu Han System Technology Co (ROCO:6903) Overvalued in 2026?

Based on GuruFocus' analysis, Jiu Han System Technology Co stock appears to be overvalued. The current stock price of NT$404.00 is trading 168% above its estimated GF Value™ of NT$150.72. GuruFocus considers Jiu Han System Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:6903:

  • Asset Turnover: 0.35
  • GF Value™: NT$150.72 vs. price of NT$404.00 (168% above fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the ROCO:6903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiu Han System Technology Co Business Description

Address No. 324, Zhonghua Road, 8th Floor, Section 1, Dongyuanli, East District, Hsinchu, TWN, 300002
Jiu Han System Technology Co Ltd is engaged in business projects such as water, electricity, air conditioning engineering, fire safety equipment installation engineering, and pipe fitting engineering. The company also engages in the design and installation of engineering, instruments and meters, as well as the sale and purchase of related materials.
54GF Score

Get the complete analysis for ROCO:6903

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

NT$404.00
Price
NT$150.72
GF Value