Kung Sing Engineering (TPE:5521) Asset Turnover: 0.15 (As of Dec. 2025)


TPE:5521 Kung Sing Engineering Corp TPE:5521
72 GF Score
Price NT$10.70
GF Value NT$16.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Kung Sing Engineering Asset Turnover?

Kung Sing Engineering TPE:5521 +0.47% 72 Asset Turnover is 0.15 as of Dec. 2025. GuruFocus rates TPE:5521 with a GF Score™ of 72/100 and a GF Value™ of NT$16.51 (Possible Value Trap). The stock has 7 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. Kung Sing Engineering's Revenue for the three months ended in Dec. 2025 was NT$2,017 Mil. Kung Sing Engineering's Total Assets for the quarter that ended in Dec. 2025 was NT$13,511 Mil. Therefore, Kung Sing Engineering's Asset Turnover for the quarter that ended in Dec. 2025 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Kung Sing Engineering's annualized ROE % for the quarter that ended in Dec. 2025 was 5.11%. It is also linked to ROA % through Du Pont Formula. Kung Sing Engineering's annualized ROA % for the quarter that ended in Dec. 2025 was 2.11%.


Kung Sing Engineering  (TPE:5521) Asset Turnover Explanation

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

Kung Sing Engineering's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=285.604/5586.498
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(285.604 / 8069.588)*(8069.588 / 13510.827)*(13510.827/ 5586.498)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.54 %*0.5973*2.4185
=ROA %*Equity Multiplier
=2.11 %*2.4185
=5.11 %

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:

Kung Sing Engineering's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=285.604/13510.827
=(Net Income / Revenue)*(Revenue / Total Assets)
=(285.604 / 8069.588)*(8069.588 / 13510.827)
=Net Margin %*Asset Turnover
=3.54 %*0.5973
=2.11 %

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.


Kung Sing Engineering Asset Turnover Related Terms


Kung Sing Engineering Asset Turnover Historical Data

* Premium members only.

The historical data trend for Kung Sing Engineering'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.

Kung Sing Engineering Asset Turnover Chart

Kung Sing Engineering 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 0.45 0.61 0.67 0.68 0.70

Kung Sing Engineering 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 0.18 0.18 0.22 0.17 0.15

TPE:5521 vs PWR, FIX, EME: Asset Turnover Comparison

For the Engineering & Construction subindustry, Kung Sing Engineering'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.


Kung Sing Engineering Asset Turnover vs Construction Industry

For the Construction industry and Industrials sector, Kung Sing Engineering's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Kung Sing Engineering's Asset Turnover falls into.


TPE:5521
72GF Score
Kung Sing Engineering Corp TPE:5521
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kung Sing Engineering Asset Turnover Calculation

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

Kung Sing Engineering'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 )
=9038.39/( (12077.976+13816.188)/ 2 )
=9038.39/12947.082
=0.70

Kung Sing Engineering'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 )
=2017.397/( (13205.466+13816.188)/ 2 )
=2017.397/13510.827
=0.15

* 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 0.15 mean?
Kung Sing Engineering (TPE:5521) has a Asset Turnover of 0.15 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Kung Sing Engineering and its competitors.
Is Kung Sing Engineering's Asset Turnover too high?
Kung Sing Engineering's current Asset Turnover is 0.15. Overall, Kung Sing Engineering has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kung Sing Engineering's Asset Turnover compare to PWR and FIX?
Kung Sing Engineering's Asset Turnover of 0.15 can be compared against companies in the Construction 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 Construction company?
A good Asset Turnover depends on the Construction 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 Kung Sing Engineering and its competitors. Kung Sing Engineering's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Sing Engineering stock overvalued right now?
Based on GuruFocus' analysis, Kung Sing Engineering (TPE:5521) is currently considered Possible Value Trap. The stock's GF Value™ is NT$16.51, compared to a current price of NT$10.70 — trading 35.2% below its estimated fair value. The current Asset Turnover is 0.15. Kung Sing Engineering's overall GF Score™ is 72/100 with 7 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 Kung Sing Engineering (TPE:5521), the current Asset Turnover is 0.15 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 Kung Sing Engineering (TPE:5521) Overvalued in 2026?

Based on GuruFocus' analysis, Kung Sing Engineering stock appears to be undervalued. The current stock price of NT$10.70 is trading 35.2% below its estimated GF Value™ of NT$16.51. GuruFocus considers Kung Sing Engineering to be Possible Value Trap.

Key valuation signals for TPE:5521:

  • Asset Turnover: 0.15
  • GF Value™: NT$16.51 vs. price of NT$10.70 (35.2% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the TPE:5521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kung Sing Engineering Business Description

Address No. 102, Civic Boulevard, 8th Floor, Section 4, Daan District, Taipei, TWN, 106
Kung Sing Engineering Corp is engaged in civil engineering and construction projects. It constructs highways, tunnels, bridges, mass transportation systems, schools, as well as residential and commercial buildings. The main business activities of the Company are the construction and repair of roads and bridges.
72GF Score

Get the complete analysis for TPE:5521

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

NT$10.70
Price
NT$16.51
GF Value