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Creative Sensor (TPE:8249) Asset Turnover : 0.14 (As of Dec. 2024)


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What is Creative Sensor Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Creative Sensor's Revenue for the three months ended in Dec. 2024 was NT$1,196 Mil. Creative Sensor's Total Assets for the quarter that ended in Dec. 2024 was NT$8,802 Mil. Therefore, Creative Sensor's Asset Turnover for the quarter that ended in Dec. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Creative Sensor's annualized ROE % for the quarter that ended in Dec. 2024 was 4.11%. It is also linked to ROA % through Du Pont Formula. Creative Sensor's annualized ROA % for the quarter that ended in Dec. 2024 was 2.79%.


Creative Sensor Asset Turnover Historical Data

The historical data trend for Creative Sensor'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.

Creative Sensor Asset Turnover Chart

Creative Sensor 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 0.71 0.66 0.65 0.45 0.52

Creative Sensor 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 0.07 0.09 0.13 0.16 0.14

Competitive Comparison of Creative Sensor's Asset Turnover

For the Electrical Equipment & Parts subindustry, Creative Sensor'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.


Creative Sensor's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Creative Sensor's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Creative Sensor's Asset Turnover falls into.


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Creative Sensor Asset Turnover Calculation

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

Creative Sensor'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 )
=4200.192/( (7221.712+9067.91)/ 2 )
=4200.192/8144.811
=0.52

Creative Sensor'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 )
=1196.263/( (8535.586+9067.91)/ 2 )
=1196.263/8801.748
=0.14

* 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.


Creative Sensor  (TPE:8249) Asset Turnover Explanation

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

Creative Sensor's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=245.668/5974.6465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(245.668 / 4785.052)*(4785.052 / 8801.748)*(8801.748/ 5974.6465)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.13 %*0.5436*1.4732
=ROA %*Equity Multiplier
=2.79 %*1.4732
=4.11 %

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:

Creative Sensor's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=245.668/8801.748
=(Net Income / Revenue)*(Revenue / Total Assets)
=(245.668 / 4785.052)*(4785.052 / 8801.748)
=Net Margin %*Asset Turnover
=5.13 %*0.5436
=2.79 %

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.


Creative Sensor Asset Turnover Related Terms

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Creative Sensor Business Description

Traded in Other Exchanges
N/A
Address
Nanjing East Road, 9th Floor, No.501, Section 6, Neihu District, Taipei, TWN, 114
Creative Sensor Inc is principally engaged in manufacturing and trading of the image sensor and its electronic components. The main product lines of the company are linear sensors, which are used for scanning images; area sensors; Stealth laser dicing, which is used for dry process dicing, dust-free dicing, and LWIR Products that develops and produces different kinds of high performance uncooled infra- red thermal imaging modules/cores, which are being applied in different areas including security surveillance, drone, transportation, temperature measurement, national security etc. The company geographically operates in China, Thailand, Philippines and Others, out of which China derives maximum revenue.

Creative Sensor Headlines

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