Bright Led Electronics (TPE:3031) Asset Turnover: 0.09 (As of Dec. 2025)


TPE:3031 Bright Led Electronics Corp TPE:3031
64 GF Score
Price NT$30.85
GF Value NT$18.77
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Bright Led Electronics Asset Turnover?

Bright Led Electronics TPE:3031 64 Asset Turnover is 0.09 as of Dec. 2025. GuruFocus rates TPE:3031 with a GF Score™ of 64/100 and a GF Value™ of NT$18.77 (Significantly Overvalued). The stock has 9 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. Bright Led Electronics's Revenue for the three months ended in Dec. 2025 was NT$308 Mil. Bright Led Electronics's Total Assets for the quarter that ended in Dec. 2025 was NT$3,499 Mil. Therefore, Bright Led Electronics's Asset Turnover for the quarter that ended in Dec. 2025 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Bright Led Electronics's annualized ROE % for the quarter that ended in Dec. 2025 was 4.72%. It is also linked to ROA % through Du Pont Formula. Bright Led Electronics's annualized ROA % for the quarter that ended in Dec. 2025 was 3.89%.


Bright Led Electronics  (TPE:3031) Asset Turnover Explanation

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

Bright Led Electronics's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=135.976/2879.349
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(135.976 / 1233.096)*(1233.096 / 3499.437)*(3499.437/ 2879.349)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.03 %*0.3524*1.2154
=ROA %*Equity Multiplier
=3.89 %*1.2154
=4.72 %

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:

Bright Led Electronics's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=135.976/3499.437
=(Net Income / Revenue)*(Revenue / Total Assets)
=(135.976 / 1233.096)*(1233.096 / 3499.437)
=Net Margin %*Asset Turnover
=11.03 %*0.3524
=3.89 %

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.


Bright Led Electronics Asset Turnover Related Terms


Bright Led Electronics Asset Turnover Historical Data

* Premium members only.

The historical data trend for Bright Led Electronics'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.

Bright Led Electronics Asset Turnover Chart

Bright Led Electronics 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 0.43 0.42 0.32 0.33 0.32

Bright Led Electronics 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 0.08 0.07 0.08 0.09 0.09

TPE:3031 vs APH, GLW: Asset Turnover Comparison

For the Electronic Components subindustry, Bright Led Electronics'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.


Bright Led Electronics Asset Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Bright Led Electronics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bright Led Electronics's Asset Turnover falls into.


TPE:3031
64GF Score
Bright Led Electronics Corp TPE:3031
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Led Electronics Asset Turnover Calculation

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

Bright Led Electronics'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 )
=1141.998/( (3597.1+3542.721)/ 2 )
=1141.998/3569.9105
=0.32

Bright Led Electronics'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 )
=308.274/( (3456.153+3542.721)/ 2 )
=308.274/3499.437
=0.09

* 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 0.09 mean?
Bright Led Electronics (TPE:3031) has a Asset Turnover of 0.09 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Bright Led Electronics and its competitors.
Is Bright Led Electronics' Asset Turnover too high?
Bright Led Electronics' current Asset Turnover is 0.09. Overall, Bright Led Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Led Electronics' Asset Turnover compare to APH and GLW?
Bright Led Electronics' Asset Turnover of 0.09 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 Bright Led Electronics and its competitors. Bright Led Electronics's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Led Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bright Led Electronics (TPE:3031) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.77, compared to a current price of NT$30.85 — trading 64.4% above its estimated fair value. The current Asset Turnover is 0.09. Bright Led Electronics' overall GF Score™ is 64/100 with 9 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 Bright Led Electronics (TPE:3031), the current Asset Turnover is 0.09 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 Bright Led Electronics (TPE:3031) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Led Electronics stock appears to be overvalued. The current stock price of NT$30.85 is trading 64.4% above its estimated GF Value™ of NT$18.77. GuruFocus considers Bright Led Electronics to be Significantly Overvalued.

Key valuation signals for TPE:3031:

  • Asset Turnover: 0.09
  • GF Value™: NT$18.77 vs. price of NT$30.85 (64.4% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the TPE:3031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Led Electronics Business Description

Address 3rd Floor, No.19, Heping Road, Banqiao District, New Taipei City, TWN, 22061
Bright Led Electronics Corp is engaged in the engaged in the manufacturing and sales of light-emitting diode, indicator lights, displays and other extended products and undertaking engineering projects that provide indicator lights, displays and related supporting engineering projects. The company operates in four principal geographical areas - the United States, China, Taiwan, Korea and others, where majority revenue is from the Chinese segment.
64GF Score

Get the complete analysis for TPE:3031

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

NT$30.85
Price
NT$18.77
GF Value