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Global Unichip (TPE:3443) Asset Turnover : 0.25 (As of Dec. 2024)


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What is Global Unichip Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Global Unichip's Revenue for the three months ended in Dec. 2024 was NT$6,023 Mil. Global Unichip's Total Assets for the quarter that ended in Dec. 2024 was NT$24,079 Mil. Therefore, Global Unichip's Asset Turnover for the quarter that ended in Dec. 2024 was 0.25.

Asset Turnover is linked to ROE % through Du Pont Formula. Global Unichip's annualized ROE % for the quarter that ended in Dec. 2024 was 31.16%. It is also linked to ROA % through Du Pont Formula. Global Unichip's annualized ROA % for the quarter that ended in Dec. 2024 was 14.07%.


Global Unichip Asset Turnover Historical Data

The historical data trend for Global Unichip'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.

* Premium members only.

Global Unichip Asset Turnover Chart

Global Unichip Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.23 1.33 1.24 1.06

Global Unichip Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.31 0.26 0.32 0.32 0.25

Competitive Comparison of Global Unichip's Asset Turnover

For the Semiconductors subindustry, Global Unichip'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.


Global Unichip's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Global Unichip's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Global Unichip's Asset Turnover falls into.


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Global Unichip Asset Turnover Calculation

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

Global Unichip's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=25044.192/( (21073.932+26309.259)/ 2 )
=25044.192/23691.5955
=1.06

Global Unichip's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=6022.643/( (21848.754+26309.259)/ 2 )
=6022.643/24079.0065
=0.25

* 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.


Global Unichip  (TPE:3443) Asset Turnover Explanation

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

Global Unichip's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=3387.588/10870.5235
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3387.588 / 24090.572)*(24090.572 / 24079.0065)*(24079.0065/ 10870.5235)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.06 %*1.0005*2.2151
=ROA %*Equity Multiplier
=14.07 %*2.2151
=31.16 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

Global Unichip's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=3387.588/24079.0065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3387.588 / 24090.572)*(24090.572 / 24079.0065)
=Net Margin %*Asset Turnover
=14.06 %*1.0005
=14.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Global Unichip Asset Turnover Related Terms

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Global Unichip Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Li-Hsin 6th Road, Hsinchu Science Park, Hsinchu, TWN, 300096
Global Unichip Corp is a company engaged in researching, developing, producing, testing, and selling of embedded memory and logic components for various application ICs, cell libraries for various applications ICs, and EDA tools for various application ICs. It is a market leader in ASIC (application-specific integrated circuit) services. It's comprehensive design services include spec-in and SoC (System-on-Chip) integration, physical implementation, latest packaging technology, is, turn-key manufacturing, as well as cutting-edge technologies such as world-class HBM (high-bandwidth memory) and die-to-die interconnect IPs etc.

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