Horng Terng Automation Co (ROCO:7751) Asset Turnover: 0.15 (As of Dec. 2025)


ROCO:7751 Horng Terng Automation Co Ltd ROCO:7751
26 GF Score
Price NT$1,420.00
! 1 Warning Sign
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What is Horng Terng Automation Co Asset Turnover?

Horng Terng Automation Co ROCO:7751 +4.03% 26 Asset Turnover is 0.15 as of Dec. 2025. GuruFocus rates ROCO:7751 with a GF Score™ of 26/100. The stock has 1 warning sign 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. Horng Terng Automation Co's Revenue for the three months ended in Dec. 2025 was NT$548 Mil. Horng Terng Automation Co's Total Assets for the quarter that ended in Dec. 2025 was NT$3,745 Mil. Therefore, Horng Terng Automation Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Horng Terng Automation Co's annualized ROE % for the quarter that ended in Dec. 2025 was 27.61%. It is also linked to ROA % through Du Pont Formula. Horng Terng Automation Co's annualized ROA % for the quarter that ended in Dec. 2025 was 17.57%.


Horng Terng Automation Co  (ROCO:7751) Asset Turnover Explanation

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

Horng Terng Automation Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=658.208/2384.0665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(658.208 / 2190.356)*(2190.356 / 3745.4575)*(3745.4575/ 2384.0665)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.05 %*0.5848*1.571
=ROA %*Equity Multiplier
=17.57 %*1.571
=27.61 %

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:

Horng Terng Automation Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=658.208/3745.4575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(658.208 / 2190.356)*(2190.356 / 3745.4575)
=Net Margin %*Asset Turnover
=30.05 %*0.5848
=17.57 %

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.


Horng Terng Automation Co Asset Turnover Related Terms


Horng Terng Automation Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Horng Terng Automation 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.

Horng Terng Automation Co Asset Turnover Chart

Horng Terng Automation Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.00 0.69 0.50 0.59 0.61

Horng Terng Automation Co Quarterly Data
Dec21 Dec22 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 0.14 0.16 0.18 0.17 0.15

ROCO:7751 vs AMAT, LRCX, KLAC: Asset Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Horng Terng Automation 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.


Horng Terng Automation Co Asset Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Horng Terng Automation Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Horng Terng Automation Co's Asset Turnover falls into.


ROCO:7751
26GF Score
Horng Terng Automation Co Ltd ROCO:7751
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Horng Terng Automation Co Asset Turnover Calculation

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

Horng Terng Automation 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 )
=1859.407/( (2149.092+3961.854)/ 2 )
=1859.407/3055.473
=0.61

Horng Terng Automation 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 )
=547.589/( (3529.061+3961.854)/ 2 )
=547.589/3745.4575
=0.15

* 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 0.15 mean?
Horng Terng Automation Co (ROCO:7751) has a Asset Turnover of 0.15 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Horng Terng Automation Co and its competitors.
Is Horng Terng Automation Co's Asset Turnover too high?
Horng Terng Automation Co's current Asset Turnover is 0.15. Overall, Horng Terng Automation Co has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Horng Terng Automation Co's Asset Turnover compare to AMAT and LRCX?
Horng Terng Automation Co's Asset Turnover of 0.15 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Asset Turnover depends on the Semiconductors 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 Horng Terng Automation Co and its competitors. Horng Terng Automation Co's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Terng Automation Co stock overvalued right now?
Horng Terng Automation Co (ROCO:7751) has a current Asset Turnover of 0.15. The current Asset Turnover is 0.15. Horng Terng Automation Co's overall GF Score™ is 26/100 with 1 warning sign 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 Horng Terng Automation Co (ROCO:7751), the current Asset Turnover is 0.15 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.

Horng Terng Automation Co Business Description

Address No. 61, Jingliu 6th Road, Nantze District, Kaohsiung, TWN, 81170
Horng Terng Automation Co Ltd is a Company that concentrates all its efforts on continuous research and development and upgrading of skills, providing complete technologies and equipment to customers, and providing customized equipment development and design, detection efficiency improvement, equipment integration and application, and other immediate and complete solutions based on customer development trends. The Company generates revenue from the research and development, manufacturing, and sale of semiconductor automation equipment. It mainly focuses on the R&D, production, and sale of semiconductor automation equipment.
26GF Score

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

NT$1,420.00
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