Transtech Optelecom Science Holdings (HKSE:09963) Scaled Net Operating Assets: 0.73 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:09963 Transtech Optelecom Science Holdings Ltd HKSE:09963
33 GF Score
Price HK$10.34
GF Value HK$0.14
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Transtech Optelecom Science Holdings Scaled Net Operating Assets?

Transtech Optelecom Science Holdings HKSE:09963 -2.27% 33 Scaled Net Operating Assets is 0.73 as of Dec. 2025. GuruFocus rates HKSE:09963 with a GF Score™ of 33/100 and a GF Value™ of HK$0.14 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Transtech Optelecom Science Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$316.13 Mil. Transtech Optelecom Science Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$23.40 Mil. Transtech Optelecom Science Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$401.65 Mil. Therefore, Transtech Optelecom Science Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.73.


Transtech Optelecom Science Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Transtech Optelecom Science Holdings's Scaled Net Operating Assets 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.

Transtech Optelecom Science Holdings Scaled Net Operating Assets Chart

Transtech Optelecom Science Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.71 0.78 0.70 0.74

Transtech Optelecom Science Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets 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 0.80 0.85 0.76 0.95 0.73

HKSE:09963 vs CSCO, MSI, HPE: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Transtech Optelecom Science Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Transtech Optelecom Science Holdings Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Scaled Net Operating Assets falls into.


HKSE:09963
33GF Score
Transtech Optelecom Science Holdings Ltd HKSE:09963
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transtech Optelecom Science Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Transtech Optelecom Science Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(316.129-23.404)/395.031
=0.74

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=321.362 - 5.233
=316.129

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.219 - 0 - 24.815
=23.404

Transtech Optelecom Science Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(316.129-23.404)/401.649
=0.73

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=321.362 - 5.233
=316.129

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.219 - 0 - 24.815
=23.404

* 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.

What does a Scaled Net Operating Assets of 0.73 mean?
Transtech Optelecom Science Holdings (HKSE:09963) has a Scaled Net Operating Assets of 0.73 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Transtech Optelecom Science Holdings and its competitors.
Is Transtech Optelecom Science Holdings' Scaled Net Operating Assets too high?
Transtech Optelecom Science Holdings' current Scaled Net Operating Assets is 0.73. Overall, Transtech Optelecom Science Holdings has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transtech Optelecom Science Holdings' Scaled Net Operating Assets compare to CSCO and MSI?
Transtech Optelecom Science Holdings' Scaled Net Operating Assets of 0.73 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 Scaled Net Operating Assets for a Hardware company?
A good Scaled Net Operating Assets depends on the Hardware industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Transtech Optelecom Science Holdings and its competitors. Transtech Optelecom Science Holdings's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transtech Optelecom Science Holdings stock overvalued right now?
Based on GuruFocus' analysis, Transtech Optelecom Science Holdings (HKSE:09963) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.14, compared to a current price of HK$10.34 — trading 7285.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Transtech Optelecom Science Holdings' overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Transtech Optelecom Science Holdings (HKSE:09963), the current Scaled Net Operating Assets is 0.73 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 Transtech Optelecom Science Holdings (HKSE:09963) Overvalued in 2026?

Based on GuruFocus' analysis, Transtech Optelecom Science Holdings stock appears to be overvalued. The current stock price of HK$10.34 is trading 7285.7% above its estimated GF Value™ of HK$0.14. GuruFocus considers Transtech Optelecom Science Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:09963:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: HK$0.14 vs. price of HK$10.34 (7285.7% above fair value)
  • GF Score™: 33/100 with 7 warning signs

No single metric tells the full story. See the HKSE:09963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transtech Optelecom Science Holdings Business Description

Address No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Transtech Optelecom Science Holdings Ltd is engaged in the manufacturing and sale of optical fibre in Hong Kong and optical fibre cable, flame-retardant optical fibre cable and non-metallic optical fibre cable and related products in Thailand. The company has two segments, namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. The maximum revenue is earned from Thailand.
33GF Score

Get the complete analysis for HKSE:09963

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$10.34
Price
HK$0.14
GF Value