Evermore Chemical Industry Co (TPE:1735) Asset Turnover: 0.19 (As of Dec. 2025)


TPE:1735 Evermore Chemical Industry Co Ltd TPE:1735
71 GF Score
Price NT$22.45
GF Value NT$15.01
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Evermore Chemical Industry Co Asset Turnover?

Evermore Chemical Industry Co TPE:1735 -7.80% 71 Asset Turnover is 0.19 as of Dec. 2025. GuruFocus rates TPE:1735 with a GF Score™ of 71/100 and a GF Value™ of NT$15.01 (Significantly Overvalued). The stock has 6 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. Evermore Chemical Industry Co's Revenue for the three months ended in Dec. 2025 was NT$560 Mil. Evermore Chemical Industry Co's Total Assets for the quarter that ended in Dec. 2025 was NT$3,035 Mil. Therefore, Evermore Chemical Industry Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Evermore Chemical Industry Co's annualized ROE % for the quarter that ended in Dec. 2025 was 15.24%. It is also linked to ROA % through Du Pont Formula. Evermore Chemical Industry Co's annualized ROA % for the quarter that ended in Dec. 2025 was 7.58%.


Evermore Chemical Industry Co  (TPE:1735) Asset Turnover Explanation

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

Evermore Chemical Industry Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=230/1508.775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(230 / 2241.156)*(2241.156 / 3034.6045)*(3034.6045/ 1508.775)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.26 %*0.7385*2.0113
=ROA %*Equity Multiplier
=7.58 %*2.0113
=15.24 %

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:

Evermore Chemical Industry Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=230/3034.6045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(230 / 2241.156)*(2241.156 / 3034.6045)
=Net Margin %*Asset Turnover
=10.26 %*0.7385
=7.58 %

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.


Evermore Chemical Industry Co Asset Turnover Related Terms


Evermore Chemical Industry Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Evermore Chemical Industry 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.

Evermore Chemical Industry Co Asset Turnover Chart

Evermore Chemical Industry 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 0.95 0.83 0.71 0.81 0.74

Evermore Chemical Industry Co Quarterly Data
Mar21 Jun21 Sep21 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 Premium Member Only 0.20 0.19 0.17 0.18 0.19

TPE:1735 vs DOW: Asset Turnover Comparison

For the Chemicals subindustry, Evermore Chemical Industry 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.


Evermore Chemical Industry Co Asset Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Evermore Chemical Industry Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Evermore Chemical Industry Co's Asset Turnover falls into.


TPE:1735
71GF Score
Evermore Chemical Industry Co Ltd TPE:1735
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evermore Chemical Industry Co Asset Turnover Calculation

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

Evermore Chemical Industry 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 )
=2303.489/( (3279.971+2955.375)/ 2 )
=2303.489/3117.673
=0.74

Evermore Chemical Industry 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 )
=560.289/( (3113.834+2955.375)/ 2 )
=560.289/3034.6045
=0.18

* 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 0.19 mean?
Evermore Chemical Industry Co (TPE:1735) has a Asset Turnover of 0.19 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Evermore Chemical Industry Co and its competitors.
Is Evermore Chemical Industry Co's Asset Turnover too high?
Evermore Chemical Industry Co's current Asset Turnover is 0.19. Overall, Evermore Chemical Industry Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evermore Chemical Industry Co's Asset Turnover compare to DOW?
Evermore Chemical Industry Co's Asset Turnover of 0.19 can be compared against companies in the Chemicals 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 Chemicals company?
A good Asset Turnover depends on the Chemicals 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 Evermore Chemical Industry Co and its competitors. Evermore Chemical Industry Co's current Asset Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evermore Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Evermore Chemical Industry Co (TPE:1735) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.01, compared to a current price of NT$22.45 — trading 49.6% above its estimated fair value. The current Asset Turnover is 0.19. Evermore Chemical Industry Co's overall GF Score™ is 71/100 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 Evermore Chemical Industry Co (TPE:1735), the current Asset Turnover is 0.19 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 Evermore Chemical Industry Co (TPE:1735) Overvalued in 2026?

Based on GuruFocus' analysis, Evermore Chemical Industry Co stock appears to be overvalued. The current stock price of NT$22.45 is trading 49.6% above its estimated GF Value™ of NT$15.01. GuruFocus considers Evermore Chemical Industry Co to be Significantly Overvalued.

Key valuation signals for TPE:1735:

  • Asset Turnover: 0.19
  • GF Value™: NT$15.01 vs. price of NT$22.45 (49.6% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the TPE:1735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evermore Chemical Industry Co Business Description

Address No. 7, Industrial South 2nd Road, Nangang Industrial Zone, Nantou County, Nantou, TWN, 54066
Evermore Chemical Industry Co Ltd is engaged in the manufacturing and selling of synthetic resin, synthetic chemistry, and investment-related business operations. Its products are mainly organic polymers such as resins, ranging from polyurethane resin (PU), low free curing agent (LFT), polyester polyol resin (PE), and polyurethane system material (PUS) for synthetic leather to thermoplastic resin (TPU). These products have diverse applications and can be used in footwear, optoelectronics, textiles, and other industries, or in the manufacture of adhesives, coatings, inks, pipes, and other products. The Group's operating segments are: Domestic operations and Asia operations. Maximum revenue is derived from the Domestic operations segment, which includes manufacturing and sales in Taiwan.
71GF Score

Get the complete analysis for TPE:1735

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

NT$22.45
Price
NT$15.01
GF Value