Shuang-Bang Industrial (ROCO:6506) Scaled Net Operating Assets: 0.83 (As of Dec. 2025)

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ROCO:6506 Shuang-Bang Industrial Corp ROCO:6506
70 GF Score
Price NT$18.40
GF Value NT$17.34
Valuation Fairly Valued
! 8 Warning Signs
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What is Shuang-Bang Industrial Scaled Net Operating Assets?

Shuang-Bang Industrial ROCO:6506 +0.55% 70 Scaled Net Operating Assets is 0.83 as of Dec. 2025. GuruFocus rates ROCO:6506 with a GF Score™ of 70/100 and a GF Value™ of NT$17.34 (Fairly Valued). The stock has 8 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.

Shuang-Bang Industrial's operating assets for the quarter that ended in Dec. 2025 was NT$2,429 Mil. Shuang-Bang Industrial's operating liabilities for the quarter that ended in Dec. 2025 was NT$343 Mil. Shuang-Bang Industrial's Total Assets for the quarter that ended in Sep. 2025 was NT$2,521 Mil. Therefore, Shuang-Bang Industrial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.83.


Shuang-Bang Industrial Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shuang-Bang Industrial'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.

Shuang-Bang Industrial Scaled Net Operating Assets Chart

Shuang-Bang Industrial 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 0.86 0.75 0.83 0.82 0.83

Shuang-Bang Industrial Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.82 0.80 0.77 0.82 0.83

ROCO:6506 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Shuang-Bang Industrial'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.


Shuang-Bang Industrial Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shuang-Bang Industrial's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shuang-Bang Industrial's Scaled Net Operating Assets falls into.


ROCO:6506
70GF Score
Shuang-Bang Industrial Corp ROCO:6506
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shuang-Bang Industrial 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.

Shuang-Bang Industrial'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 )
=(2428.729-342.683)/2518.968
=0.83

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2532.916 - 104.187
=2428.729

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1233.039 - 583.005 - 307.351
=342.683

Shuang-Bang Industrial'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: Sep. 2025 )
=(2428.729-342.683)/2520.634
=0.83

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2532.916 - 104.187
=2428.729

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1233.039 - 583.005 - 307.351
=342.683

* 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 0.83 mean?
Shuang-Bang Industrial (ROCO:6506) has a Scaled Net Operating Assets of 0.83 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 Shuang-Bang Industrial and its competitors.
Is Shuang-Bang Industrial's Scaled Net Operating Assets too high?
Shuang-Bang Industrial's current Scaled Net Operating Assets is 0.83. Overall, Shuang-Bang Industrial has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shuang-Bang Industrial's Scaled Net Operating Assets compare to LIN and SHW?
Shuang-Bang Industrial's Scaled Net Operating Assets of 0.83 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Shuang-Bang Industrial and its competitors. Shuang-Bang Industrial's current Scaled Net Operating Assets is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuang-Bang Industrial stock overvalued right now?
Based on GuruFocus' analysis, Shuang-Bang Industrial (ROCO:6506) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.34, compared to a current price of NT$18.40 — trading 6.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.83. Shuang-Bang Industrial's overall GF Score™ is 70/100 with 8 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 Shuang-Bang Industrial (ROCO:6506), the current Scaled Net Operating Assets is 0.83 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 Shuang-Bang Industrial (ROCO:6506) Overvalued in 2026?

Based on GuruFocus' analysis, Shuang-Bang Industrial stock appears to be overvalued. The current stock price of NT$18.40 is trading 6.1% above its estimated GF Value™ of NT$17.34. GuruFocus considers Shuang-Bang Industrial to be Fairly Valued.

Key valuation signals for ROCO:6506:

  • Scaled Net Operating Assets: 0.83
  • GF Value™: NT$17.34 vs. price of NT$18.40 (6.1% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shuang-Bang Industrial Business Description

Address No. 3 Yongsing Road, Nankang Industrial District, Nantou City, TWN, 540
Shuang-Bang Industrial Corp is engaged in the manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and the sales of photoinitiators. The group has four segments, including coating and lamination, polymer, TPU, and sports. It generates the majority of its revenue from the coating and lamination segment engaged in manufacturing. The TPU segment is engaged in manufacturing of PU resin for shoes, coating and lamination, hardener, and Thermoplastic Polyurethane (TPU) and sales of photo initiators.
70GF Score

Get the complete analysis for ROCO:6506

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

NT$18.40
Price
NT$17.34
GF Value