Senao International Co (TPE:2450) Asset Turnover: 0.96 (As of Dec. 2025)


TPE:2450 Senao International Co Ltd TPE:2450
81 GF Score
Price NT$28.80
GF Value NT$37.27
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Senao International Co Asset Turnover?

Senao International Co TPE:2450 -0.17% 81 Asset Turnover is 0.96 as of Dec. 2025. GuruFocus rates TPE:2450 with a GF Score™ of 81/100 and a GF Value™ of NT$37.27 (Modestly Undervalued). The stock has 4 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. Senao International Co's Revenue for the three months ended in Dec. 2025 was NT$10,333 Mil. Senao International Co's Total Assets for the quarter that ended in Dec. 2025 was NT$10,783 Mil. Therefore, Senao International Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.96.

Asset Turnover is linked to ROE % through Du Pont Formula. Senao International Co's annualized ROE % for the quarter that ended in Dec. 2025 was 10.78%. It is also linked to ROA % through Du Pont Formula. Senao International Co's annualized ROA % for the quarter that ended in Dec. 2025 was 6.35%.


Senao International Co  (TPE:2450) Asset Turnover Explanation

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

Senao International Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=684.68/6350.014
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(684.68 / 41332.768)*(41332.768 / 10782.542)*(10782.542/ 6350.014)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.66 %*3.8333*1.698
=ROA %*Equity Multiplier
=6.35 %*1.698
=10.78 %

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:

Senao International Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=684.68/10782.542
=(Net Income / Revenue)*(Revenue / Total Assets)
=(684.68 / 41332.768)*(41332.768 / 10782.542)
=Net Margin %*Asset Turnover
=1.66 %*3.8333
=6.35 %

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.


Senao International Co Asset Turnover Related Terms


Senao International Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Senao International 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.

Senao International Co Asset Turnover Chart

Senao International 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 2.92 2.89 3.08 3.19 3.14

Senao International 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 0.85 0.74 0.72 0.75 0.96

TPE:2450 vs SNX, ARW, AVT: Asset Turnover Comparison

For the Electronics & Computer Distribution subindustry, Senao International 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.


Senao International Co Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Senao International Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Senao International Co's Asset Turnover falls into.


TPE:2450
81GF Score
Senao International Co Ltd TPE:2450
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Senao International Co Asset Turnover Calculation

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

Senao International 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 )
=33124.781/( (10413.079+10693.534)/ 2 )
=33124.781/10553.3065
=3.14

Senao International 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 )
=10333.192/( (10871.55+10693.534)/ 2 )
=10333.192/10782.542
=0.96

* 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 0.96 mean?
Senao International Co (TPE:2450) has a Asset Turnover of 0.96 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Senao International Co and its competitors.
Is Senao International Co's Asset Turnover too high?
Senao International Co's current Asset Turnover is 0.96. Overall, Senao International Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Senao International Co's Asset Turnover compare to SNX and ARW?
Senao International Co's Asset Turnover of 0.96 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 Senao International Co and its competitors. Senao International Co's current Asset Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senao International Co stock overvalued right now?
Based on GuruFocus' analysis, Senao International Co (TPE:2450) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.27, compared to a current price of NT$28.80 — trading 22.7% below its estimated fair value. The current Asset Turnover is 0.96. Senao International Co's overall GF Score™ is 81/100 with 4 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 Senao International Co (TPE:2450), the current Asset Turnover is 0.96 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 Senao International Co (TPE:2450) Overvalued in 2026?

Based on GuruFocus' analysis, Senao International Co stock appears to be undervalued. The current stock price of NT$28.80 is trading 22.7% below its estimated GF Value™ of NT$37.27. GuruFocus considers Senao International Co to be Modestly Undervalued.

Key valuation signals for TPE:2450:

  • Asset Turnover: 0.96
  • GF Value™: NT$37.27 vs. price of NT$28.80 (22.7% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the TPE:2450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Senao International Co Business Description

Address No.531, Zhongzheng Road, 2nd Floor, Xindian District, New Taipei, TWN
Senao International Co Ltd is a company mainly engaged in the agent distribution and sale of mobile phones, tablets, related accessories, and other digital communication products. The company also provides related maintenance services. The communication products account for the majority of the company's revenue. It operates in the business segment of selling information and communication products and peripheral products in Taiwan. The company generates the majority of its total revenue from the Taiwanese market.
81GF Score

Get the complete analysis for TPE:2450

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

NT$28.80
Price
NT$37.27
GF Value