Taichung Commercial Bank Co (TPE:2812) Asset Turnover: 0.01 (As of Dec. 2025)


TPE:2812 Taichung Commercial Bank Co Ltd TPE:2812
70 GF Score
Price NT$19.90
GF Value NT$19.48
Valuation Fairly Valued
! 2 Warning Signs
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What is Taichung Commercial Bank Co Asset Turnover?

Taichung Commercial Bank Co TPE:2812 -0.75% 70 Asset Turnover is 0.01 as of Dec. 2025. GuruFocus rates TPE:2812 with a GF Score™ of 70/100 and a GF Value™ of NT$19.48 (Fairly Valued). The stock has 2 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. Taichung Commercial Bank Co's Revenue for the three months ended in Dec. 2025 was NT$5,442 Mil. Taichung Commercial Bank Co's Total Assets for the quarter that ended in Dec. 2025 was NT$1,004,350 Mil. Therefore, Taichung Commercial Bank Co's Asset Turnover for the quarter that ended in Dec. 2025 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Taichung Commercial Bank Co's annualized ROE % for the quarter that ended in Dec. 2025 was 10.57%. It is also linked to ROA % through Du Pont Formula. Taichung Commercial Bank Co's annualized ROA % for the quarter that ended in Dec. 2025 was 0.94%.


Taichung Commercial Bank Co  (TPE:2812) Asset Turnover Explanation

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

Taichung Commercial Bank Co's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=9484.484/89756.731
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9484.484 / 21767.796)*(21767.796 / 1004349.5255)*(1004349.5255/ 89756.731)
=Net Margin %*Asset Turnover*Equity Multiplier
=43.57 %*0.0217*11.1897
=ROA %*Equity Multiplier
=0.94 %*11.1897
=10.57 %

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:

Taichung Commercial Bank Co's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=9484.484/1004349.5255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9484.484 / 21767.796)*(21767.796 / 1004349.5255)
=Net Margin %*Asset Turnover
=43.57 %*0.0217
=0.94 %

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.


Taichung Commercial Bank Co Asset Turnover Related Terms


Taichung Commercial Bank Co Asset Turnover Historical Data

* Premium members only.

The historical data trend for Taichung Commercial Bank 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.

Taichung Commercial Bank Co Asset Turnover Chart

Taichung Commercial Bank 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 0.02 0.02 0.02 0.02 0.02

Taichung Commercial Bank 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 0.01 0.01 0.01 0.01 0.01

Taichung Commercial Bank Co Asset Turnover Competitor Comparison

For the Banks - Regional subindustry, Taichung Commercial Bank 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.


Taichung Commercial Bank Co Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Taichung Commercial Bank Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Taichung Commercial Bank Co's Asset Turnover falls into.


TPE:2812
70GF Score
Taichung Commercial Bank Co Ltd TPE:2812
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Taichung Commercial Bank Co Asset Turnover Calculation

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

Taichung Commercial Bank 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 )
=20641.329/( (972079.102+1014512.326)/ 2 )
=20641.329/993295.714
=0.02

Taichung Commercial Bank 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 )
=5441.949/( (994186.725+1014512.326)/ 2 )
=5441.949/1004349.5255
=0.01

* 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 0.01 mean?
Taichung Commercial Bank Co (TPE:2812) has a Asset Turnover of 0.01 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Taichung Commercial Bank Co and its competitors.
Is Taichung Commercial Bank Co's Asset Turnover too high?
Taichung Commercial Bank Co's current Asset Turnover is 0.01. Overall, Taichung Commercial Bank Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taichung Commercial Bank Co's Asset Turnover compare to competitors?
Taichung Commercial Bank Co's Asset Turnover of 0.01 can be compared against companies in the Banks 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 Banks company?
A good Asset Turnover depends on the Banks 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 Taichung Commercial Bank Co and its competitors. Taichung Commercial Bank Co's current Asset Turnover is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taichung Commercial Bank Co stock overvalued right now?
Based on GuruFocus' analysis, Taichung Commercial Bank Co (TPE:2812) is currently considered Fairly Valued. The stock's GF Value™ is NT$19.48, compared to a current price of NT$19.90 — trading 2.2% above its estimated fair value. The current Asset Turnover is 0.01. Taichung Commercial Bank Co's overall GF Score™ is 70/100 with 2 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 Taichung Commercial Bank Co (TPE:2812), the current Asset Turnover is 0.01 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 Taichung Commercial Bank Co (TPE:2812) Overvalued in 2026?

Based on GuruFocus' analysis, Taichung Commercial Bank Co stock appears to be overvalued. The current stock price of NT$19.90 is trading 2.2% above its estimated GF Value™ of NT$19.48. GuruFocus considers Taichung Commercial Bank Co to be Fairly Valued.

Key valuation signals for TPE:2812:

  • Asset Turnover: 0.01
  • GF Value™: NT$19.48 vs. price of NT$19.90 (2.2% above fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the TPE:2812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taichung Commercial Bank Co Business Description

Address No. 87, Mincyuan Road, West District, Taichung, TWN, 40341
Taichung Commercial Bank Co Ltd is a provider of banking products and services in Taiwan. The company earns the majority of revenue domestically and derives a small portion of revenue from operations in the rest of Asia and America. Segements are Northern area, Central area, Southern area, OBU, Overseas branch, Head office and others. The bank provides deposits, corporate loans, syndicated loans, mortgages, automobile loans, credit cards, foreign exchange, Internet banking, ATMs, securities trading, long-term investment, wealth management, trust services, insurance brokerage, leasing, and international banking to its customers, both individuals and businesses.
70GF Score

Get the complete analysis for TPE:2812

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

NT$19.90
Price
NT$19.48
GF Value