Cheng Uei Precision Industry Co (TPE:2392) Asset Turnover: 0.21 (As of Dec. 2025)


TPE:2392 Cheng Uei Precision Industry Co Ltd TPE:2392
66 GF Score
Price NT$37.90
GF Value NT$49.19
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Cheng Uei Precision Industry Co Asset Turnover?

Cheng Uei Precision Industry Co TPE:2392 +1.74% 66 Asset Turnover is 0.21 as of Dec. 2025. GuruFocus rates TPE:2392 with a GF Score™ of 66/100 and a GF Value™ of NT$49.19 (Modestly Undervalued). 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. Cheng Uei Precision Industry Co's Revenue for the three months ended in Dec. 2025 was NT$25,797 Mil. Cheng Uei Precision Industry Co's Total Assets for the quarter that ended in Dec. 2025 was NT$125,627 Mil. Therefore, Cheng Uei Precision Industry Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Cheng Uei Precision Industry Co's annualized ROE % for the quarter that ended in Dec. 2025 was -15.42%. It is also linked to ROA % through Du Pont Formula. Cheng Uei Precision Industry Co's annualized ROA % for the quarter that ended in Dec. 2025 was -2.67%.


Cheng Uei Precision Industry Co  (TPE:2392) Asset Turnover Explanation

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

Cheng Uei Precision Industry Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-3349.088/21723.7
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3349.088 / 103188.88)*(103188.88 / 125627.4495)*(125627.4495/ 21723.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.25 %*0.8214*5.783
=ROA %*Equity Multiplier
=-2.67 %*5.783
=-15.42 %

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:

Cheng Uei Precision Industry Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-3349.088/125627.4495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3349.088 / 103188.88)*(103188.88 / 125627.4495)
=Net Margin %*Asset Turnover
=-3.25 %*0.8214
=-2.67 %

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.


Cheng Uei Precision Industry Co Asset Turnover Related Terms


Cheng Uei Precision Industry Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Cheng Uei Precision 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.

Cheng Uei Precision Industry Co Asset Turnover Chart

Cheng Uei Precision 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 1.05 1.04 0.89 0.83 0.75

Cheng Uei Precision 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 0.26 0.16 0.16 0.20 0.21

TPE:2392 vs APH, GLW: Asset Turnover Comparison

For the Electronic Components subindustry, Cheng Uei Precision 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.


Cheng Uei Precision Industry Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Cheng Uei Precision Industry Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cheng Uei Precision Industry Co's Asset Turnover falls into.


TPE:2392
66GF Score
Cheng Uei Precision Industry Co Ltd TPE:2392
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheng Uei Precision Industry Co Asset Turnover Calculation

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

Cheng Uei Precision 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 )
=95016.219/( (130511.628+122037.988)/ 2 )
=95016.219/126274.808
=0.75

Cheng Uei Precision 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 )
=25797.22/( (129216.911+122037.988)/ 2 )
=25797.22/125627.4495
=0.21

* 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 0.21 mean?
Cheng Uei Precision Industry Co (TPE:2392) has a Asset Turnover of 0.21 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Cheng Uei Precision Industry Co and its competitors.
Is Cheng Uei Precision Industry Co's Asset Turnover too high?
Cheng Uei Precision Industry Co's current Asset Turnover is 0.21. Overall, Cheng Uei Precision Industry Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Uei Precision Industry Co's Asset Turnover compare to APH and GLW?
Cheng Uei Precision Industry Co's Asset Turnover of 0.21 can be compared against companies in the Hardware 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 Hardware company?
A good Asset Turnover depends on the Hardware 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 Cheng Uei Precision Industry Co and its competitors. Cheng Uei Precision Industry Co's current Asset Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Uei Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co (TPE:2392) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$49.19, compared to a current price of NT$37.90 — trading 23% below its estimated fair value. The current Asset Turnover is 0.21. Cheng Uei Precision Industry Co's overall GF Score™ is 66/100 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 Cheng Uei Precision Industry Co (TPE:2392), the current Asset Turnover is 0.21 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 Cheng Uei Precision Industry Co (TPE:2392) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Uei Precision Industry Co stock appears to be undervalued. The current stock price of NT$37.90 is trading 23% below its estimated GF Value™ of NT$49.19. GuruFocus considers Cheng Uei Precision Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2392:

  • Asset Turnover: 0.21
  • GF Value™: NT$49.19 vs. price of NT$37.90 (23% below fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TPE:2392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Uei Precision Industry Co Business Description

Address No.18, Zhongshan Road, Tucheng District, New Taipei City, TWN, 236
Cheng Uei Precision Industry Co Ltd is engaged in the manufacture of cable assemblies, connectors, battery packs, and power modules. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company's reportable operating segments include Systems and peripheral products, which derive maximum revenue, 3C component, 3C product retail, Energy service management, and Others. Geographically, it derives maximum revenue from America, followed by Taiwan, China, Vietnam, Hong Kong, India, and other regions.
66GF Score

Get the complete analysis for TPE:2392

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

NT$37.90
Price
NT$49.19
GF Value