Lumax International (TPE:6192) Asset Turnover: 0.17 (As of Dec. 2025)


TPE:6192 Lumax International Corp Ltd TPE:6192
90 GF Score
Price NT$123.00
GF Value NT$102.82
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Lumax International Asset Turnover?

Lumax International TPE:6192 +1.23% 90 Asset Turnover is 0.17 as of Dec. 2025. GuruFocus rates TPE:6192 with a GF Score™ of 90/100 and a GF Value™ of NT$102.82 (Modestly Overvalued). The stock has 6 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. Lumax International's Revenue for the three months ended in Dec. 2025 was NT$2,016 Mil. Lumax International's Total Assets for the quarter that ended in Dec. 2025 was NT$11,889 Mil. Therefore, Lumax International's Asset Turnover for the quarter that ended in Dec. 2025 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Lumax International's annualized ROE % for the quarter that ended in Dec. 2025 was 12.49%. It is also linked to ROA % through Du Pont Formula. Lumax International's annualized ROA % for the quarter that ended in Dec. 2025 was 7.74%.


Lumax International  (TPE:6192) Asset Turnover Explanation

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

Lumax International's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=920.332/7366.1165
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(920.332 / 8063.868)*(8063.868 / 11889.4145)*(11889.4145/ 7366.1165)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.41 %*0.6782*1.6141
=ROA %*Equity Multiplier
=7.74 %*1.6141
=12.49 %

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:

Lumax International's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=920.332/11889.4145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(920.332 / 8063.868)*(8063.868 / 11889.4145)
=Net Margin %*Asset Turnover
=11.41 %*0.6782
=7.74 %

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.


Lumax International Asset Turnover Related Terms


Lumax International Asset Turnover Historical Data

* Premium members only.

The historical data trend for Lumax International'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.

Lumax International Asset Turnover Chart

Lumax International 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 0.73 0.69 0.65 0.70 0.63

Lumax International 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 0.20 0.16 0.16 0.15 0.17

TPE:6192 vs GWW, FAST, FERG: Asset Turnover Comparison

For the Industrial Distribution subindustry, Lumax International'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.


Lumax International Asset Turnover vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Lumax International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lumax International's Asset Turnover falls into.


TPE:6192
90GF Score
Lumax International Corp Ltd TPE:6192
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumax International Asset Turnover Calculation

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

Lumax International'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 )
=7357.266/( (11436.117+12098.647)/ 2 )
=7357.266/11767.382
=0.63

Lumax International'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 )
=2015.967/( (11680.182+12098.647)/ 2 )
=2015.967/11889.4145
=0.17

* 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 0.17 mean?
Lumax International (TPE:6192) has a Asset Turnover of 0.17 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Lumax International and its competitors.
Is Lumax International's Asset Turnover too high?
Lumax International's current Asset Turnover is 0.17. Overall, Lumax International has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax International's Asset Turnover compare to GWW and FAST?
Lumax International's Asset Turnover of 0.17 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good Asset Turnover depends on the Industrial Distribution 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 Lumax International and its competitors. Lumax International's current Asset Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax International stock overvalued right now?
Based on GuruFocus' analysis, Lumax International (TPE:6192) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.82, compared to a current price of NT$123.00 — trading 19.6% above its estimated fair value. The current Asset Turnover is 0.17. Lumax International's overall GF Score™ is 90/100 with 6 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 Lumax International (TPE:6192), the current Asset Turnover is 0.17 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 Lumax International (TPE:6192) Overvalued in 2026?

Based on GuruFocus' analysis, Lumax International stock appears to be overvalued. The current stock price of NT$123.00 is trading 19.6% above its estimated GF Value™ of NT$102.82. GuruFocus considers Lumax International to be Modestly Overvalued.

Key valuation signals for TPE:6192:

  • Asset Turnover: 0.17
  • GF Value™: NT$102.82 vs. price of NT$123.00 (19.6% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the TPE:6192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lumax International Business Description

Address Yuanyuan Street, No. 3-1, 12th Floor, NanKang Software Park, Nangang District, Taipei, TWN, 115603
Lumax International Corp Ltd is engaged in the trading of electronic components and process control equipment, the integration of process control systems, and the provision of related maintenance services. It provides goods or services in the following reportable segments: Process control instrument - department A; Process control system - department B; Telecommunication system - department C; Electronics component - department D; and Other process control - department CN. Maximum revenue is derived from the Process control division, which provides hardware products for calibration, inspection, and maintenance of control valves, switch valves, measurement instruments, analyzing instruments, etc. Geographically, it generates maximum revenue from Taiwan, followed by China, and other markets.
90GF Score

Get the complete analysis for TPE:6192

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

NT$123.00
Price
NT$102.82
GF Value