Hiwin Technologies (TPE:2049) Asset Turnover: 0.12 (As of Dec. 2025)


TPE:2049 Hiwin Technologies Corp TPE:2049
70 GF Score
Price NT$352.00
GF Value NT$231.13
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hiwin Technologies Asset Turnover?

Hiwin Technologies TPE:2049 +1.00% 70 Asset Turnover is 0.12 as of Dec. 2025. GuruFocus rates TPE:2049 with a GF Score™ of 70/100 and a GF Value™ of NT$231.13 (Significantly Overvalued). 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. Hiwin Technologies's Revenue for the three months ended in Dec. 2025 was NT$6,503 Mil. Hiwin Technologies's Total Assets for the quarter that ended in Dec. 2025 was NT$53,716 Mil. Therefore, Hiwin Technologies's Asset Turnover for the quarter that ended in Dec. 2025 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Hiwin Technologies's annualized ROE % for the quarter that ended in Dec. 2025 was 4.98%. It is also linked to ROA % through Du Pont Formula. Hiwin Technologies's annualized ROA % for the quarter that ended in Dec. 2025 was 3.44%.


Hiwin Technologies  (TPE:2049) Asset Turnover Explanation

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

Hiwin Technologies's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1847.92/37079.739
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1847.92 / 26012.144)*(26012.144 / 53716.2125)*(53716.2125/ 37079.739)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.1 %*0.4843*1.4487
=ROA %*Equity Multiplier
=3.44 %*1.4487
=4.98 %

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:

Hiwin Technologies's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=1847.92/53716.2125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1847.92 / 26012.144)*(26012.144 / 53716.2125)
=Net Margin %*Asset Turnover
=7.1 %*0.4843
=3.44 %

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.


Hiwin Technologies Asset Turnover Related Terms


Hiwin Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hiwin Technologies'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.

Hiwin Technologies Asset Turnover Chart

Hiwin Technologies 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 0.55 0.57 0.48 0.46 0.45

Hiwin Technologies 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 0.12 0.11 0.11 0.11 0.12

TPE:2049 vs SNA, RBC, LECO: Asset Turnover Comparison

For the Tools & Accessories subindustry, Hiwin Technologies'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.


Hiwin Technologies Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hiwin Technologies's Asset Turnover falls into.


TPE:2049
70GF Score
Hiwin Technologies Corp TPE:2049
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiwin Technologies Asset Turnover Calculation

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

Hiwin Technologies'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 )
=24262.638/( (54434.94+54175.996)/ 2 )
=24262.638/54305.468
=0.45

Hiwin Technologies'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 )
=6503.036/( (53256.429+54175.996)/ 2 )
=6503.036/53716.2125
=0.12

* 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 0.12 mean?
Hiwin Technologies (TPE:2049) has a Asset Turnover of 0.12 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hiwin Technologies and its competitors.
Is Hiwin Technologies' Asset Turnover too high?
Hiwin Technologies' current Asset Turnover is 0.12. Overall, Hiwin Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Technologies' Asset Turnover compare to SNA and RBC?
Hiwin Technologies' Asset Turnover of 0.12 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 Hiwin Technologies and its competitors. Hiwin Technologies's current Asset Turnover is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Technologies (TPE:2049) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$231.13, compared to a current price of NT$352.00 — trading 52.3% above its estimated fair value. The current Asset Turnover is 0.12. Hiwin Technologies' overall GF Score™ is 70/100 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 Hiwin Technologies (TPE:2049), the current Asset Turnover is 0.12 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 Hiwin Technologies (TPE:2049) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Technologies stock appears to be overvalued. The current stock price of NT$352.00 is trading 52.3% above its estimated GF Value™ of NT$231.13. GuruFocus considers Hiwin Technologies to be Significantly Overvalued.

Key valuation signals for TPE:2049:

  • Asset Turnover: 0.12
  • GF Value™: NT$231.13 vs. price of NT$352.00 (52.3% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:2049 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Technologies Business Description

Address No. 7, Jingke Road, Precision Machinery Park, Taichung, TWN, 408208
Hiwin Technologies Corp manufactures and sells ballscrews, linear guideways, industrial robots, aerospace automation equipment parts, computer numerical control (CNC) milling machines and medical equipment. Other products include Ball Spline, Linear Guideway Bearings, etc. The company's reportable segments are linear guideways, ballscrews, and others. The majority of revenue is generated from the Linear guideways segment. Geographically, it derives the maximum revenue from Taiwan, followed by China, Germany, Japan, the United States, and Others.
70GF Score

Get the complete analysis for TPE:2049

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

NT$352.00
Price
NT$231.13
GF Value