Evergreen Aviation Technologies (TPE:2645) Asset Turnover: 0.21 (As of Dec. 2025)


TPE:2645 Evergreen Aviation Technologies Corp TPE:2645
69 GF Score
Price NT$204.00
GF Value NT$139.41
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Evergreen Aviation Technologies Asset Turnover?

Evergreen Aviation Technologies TPE:2645 +9.97% 69 Asset Turnover is 0.21 as of Dec. 2025. GuruFocus rates TPE:2645 with a GF Score™ of 69/100 and a GF Value™ of NT$139.41 (Significantly Overvalued). The stock has 1 warning sign 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. Evergreen Aviation Technologies's Revenue for the three months ended in Dec. 2025 was NT$4,832 Mil. Evergreen Aviation Technologies's Total Assets for the quarter that ended in Dec. 2025 was NT$23,195 Mil. Therefore, Evergreen Aviation Technologies's Asset Turnover for the quarter that ended in Dec. 2025 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Evergreen Aviation Technologies's annualized ROE % for the quarter that ended in Dec. 2025 was 14.59%. It is also linked to ROA % through Du Pont Formula. Evergreen Aviation Technologies's annualized ROA % for the quarter that ended in Dec. 2025 was 8.39%.


Evergreen Aviation Technologies  (TPE:2645) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1945.368/13332.287
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1945.368 / 19326.836)*(19326.836 / 23194.7595)*(23194.7595/ 13332.287)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.07 %*0.8332*1.7397
=ROA %*Equity Multiplier
=8.39 %*1.7397
=14.59 %

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:

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

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=1945.368/23194.7595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1945.368 / 19326.836)*(19326.836 / 23194.7595)
=Net Margin %*Asset Turnover
=10.07 %*0.8332
=8.39 %

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.


Evergreen Aviation Technologies Asset Turnover Related Terms


Evergreen Aviation Technologies Asset Turnover Historical Data

* Premium members only.

The historical data trend for Evergreen Aviation 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.

Evergreen Aviation Technologies Asset Turnover Chart

Evergreen Aviation Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.42 0.54 0.66 0.71 0.78

Evergreen Aviation Technologies Quarterly Data
Dec20 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 0.18 0.20 0.19 0.21

TPE:2645 vs SPCX, GE, RTX: Asset Turnover Comparison

For the Aerospace & Defense subindustry, Evergreen Aviation 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.


Evergreen Aviation Technologies Asset Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Evergreen Aviation Technologies's Asset Turnover distribution charts can be found below:

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


TPE:2645
69GF Score
Evergreen Aviation Technologies Corp TPE:2645
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Evergreen Aviation Technologies Asset Turnover Calculation

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

Evergreen Aviation 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 )
=18179.185/( (23000.424+23523.594)/ 2 )
=18179.185/23262.009
=0.78

Evergreen Aviation 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 )
=4831.709/( (22865.925+23523.594)/ 2 )
=4831.709/23194.7595
=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?
Evergreen Aviation Technologies (TPE:2645) 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 Evergreen Aviation Technologies and its competitors.
Is Evergreen Aviation Technologies' Asset Turnover too high?
Evergreen Aviation Technologies' current Asset Turnover is 0.21. Overall, Evergreen Aviation Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' Asset Turnover compare to SPCX and GE?
Evergreen Aviation Technologies' Asset Turnover of 0.21 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Asset Turnover depends on the Aerospace & Defense 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 Evergreen Aviation Technologies and its competitors. Evergreen Aviation Technologies'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 Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$139.41, compared to a current price of NT$204.00 — trading 46.3% above its estimated fair value. The current Asset Turnover is 0.21. Evergreen Aviation Technologies' overall GF Score™ is 69/100 with 1 warning sign 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 Evergreen Aviation Technologies (TPE:2645), 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued. The current stock price of NT$204.00 is trading 46.3% above its estimated GF Value™ of NT$139.41. GuruFocus considers Evergreen Aviation Technologies to be Significantly Overvalued.

Key valuation signals for TPE:2645:

  • Asset Turnover: 0.21
  • GF Value™: NT$139.41 vs. price of NT$204.00 (46.3% above fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Aviation Technologies Business Description

Address No. 6 Hang-Zhan South Road, Dayuan District, Taoyuan, TWN, 337
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
69GF Score

Get the complete analysis for TPE:2645

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

NT$204.00
Price
NT$139.41
GF Value