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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Asia Cement's Revenue for the
three
months ended in Dec. 2025 was NT$17,890 Mil. Asia Cement's Total Assets for the quarter that ended in Dec. 2025 was NT$320,708 Mil. Therefore, Asia Cement's Asset Turnover for the quarter that ended in Dec. 2025 was 0.06.
Asset Turnover is linked to ROE % through Du Pont Formula. Asia Cement's annualizedROE % for the quarter that ended in Dec. 2025 was 4.39%. It is also linked to ROA % through Du Pont Formula. Asia Cement's annualizedROA % for the quarter that ended in Dec. 2025 was 2.43%.
Asia Cement (TPE:1102) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Asia Cement's annulizedROE % for the quarter that ended in Dec. 2025 is
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:
Asia Cement's annulizedROA % for the quarter that ended in Dec. 2025 is
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.
Asia Cement Asset Turnover Related Terms
Asia Cement Asset Turnover Historical Data
* Premium members only.
The historical data trend for Asia Cement'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.
TPE:1102 vs CRH, VMC, MLM: Asset Turnover Comparison
For the Building Materials subindustry, Asia Cement'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.
Asia Cement Asset Turnover vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Asia Cement's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Asia Cement's Asset Turnover falls into.
* 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.
Asia Cement (TPE:1102) has a Asset Turnover of 0.06 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Asia Cement and its competitors.
Is Asia Cement's Asset Turnover too high?
Asia Cement's current Asset Turnover is 0.06. Overall, Asia Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Cement's Asset Turnover compare to CRH and VMC?
Asia Cement's Asset Turnover of 0.06 can be compared against companies in the Building Materials 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 Building Materials company?
A good Asset Turnover depends on the Building Materials 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 Asia Cement and its competitors. Asia Cement's current Asset Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cement stock overvalued right now?
Based on GuruFocus' analysis, Asia Cement (TPE:1102) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.73, compared to a current price of NT$34.80 — trading 2.6% below its estimated fair value. The current Asset Turnover is 0.06. Asia Cement's overall GF Score™ is 83/100 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 Asia Cement (TPE:1102), the current Asset Turnover is 0.06 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 Asia Cement (TPE:1102) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Cement stock appears to be undervalued.
The current stock price of NT$34.80 is trading 2.6% below its estimated GF Value™ of NT$35.73.
GuruFocus considers Asia Cement to be Fairly Valued.
Key valuation signals for TPE:1102:
Asset Turnover: 0.06
GF Value™: NT$35.73 vs. price of NT$34.80 (2.6% below fair value)
No single metric tells the full story. See the TPE:1102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of Its revenue comes from Taiwan and China.
83GF Score
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