Thai Kin Co (ROCO:6629) Scaled Net Operating Assets: 0.59 (As of Dec. 2025)


ROCO:6629 Thai Kin Co Ltd ROCO:6629
92 GF Score
Price NT$108.00
GF Value NT$107.69
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai Kin Co Scaled Net Operating Assets?

Thai Kin Co ROCO:6629 92 Scaled Net Operating Assets is 0.59 as of Dec. 2025. GuruFocus rates ROCO:6629 with a GF Score™ of 92/100 and a GF Value™ of NT$107.69 (Fairly Valued). The stock has 3 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.

Thai Kin Co's operating assets for the quarter that ended in Dec. 2025 was NT$1,769 Mil. Thai Kin Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$359 Mil. Thai Kin Co's Total Assets for the quarter that ended in Sep. 2025 was NT$2,378 Mil. Therefore, Thai Kin Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.59.


Thai Kin Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Thai Kin Co'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.

Thai Kin Co Scaled Net Operating Assets Chart

Thai Kin Co 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 0.50 0.62 0.58 0.63 0.62

Thai Kin Co 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 0.45 0.46 0.43 0.65 0.59

ROCO:6629 vs SN, SGI, MHK: Scaled Net Operating Assets Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin Co'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.


Thai Kin Co Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Thai Kin Co's Scaled Net Operating Assets falls into.


ROCO:6629
92GF Score
Thai Kin Co Ltd ROCO:6629
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Kin Co 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.

Thai Kin Co'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 )
=(1768.984-359.435)/2275.056
=0.62

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2596.059 - 827.075
=1768.984

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=887.996 - 0 - 528.561
=359.435

Thai Kin Co'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 )
=(1768.984-359.435)/2377.843
=0.59

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2596.059 - 827.075
=1768.984

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=887.996 - 0 - 528.561
=359.435

* 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 0.59 mean?
Thai Kin Co (ROCO:6629) has a Scaled Net Operating Assets of 0.59 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 Thai Kin Co and its competitors.
Is Thai Kin Co's Scaled Net Operating Assets too high?
Thai Kin Co's current Scaled Net Operating Assets is 0.59. Overall, Thai Kin Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Scaled Net Operating Assets compare to SN and SGI?
Thai Kin Co's Scaled Net Operating Assets of 0.59 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Thai Kin Co and its competitors. Thai Kin Co's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Fairly Valued. The stock's GF Value™ is NT$107.69, compared to a current price of NT$108.00 — trading 0.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.59. Thai Kin Co's overall GF Score™ is 92/100 with 3 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 Thai Kin Co (ROCO:6629), the current Scaled Net Operating Assets is 0.59 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 Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be overvalued. The current stock price of NT$108.00 is trading 0.3% above its estimated GF Value™ of NT$107.69. GuruFocus considers Thai Kin Co to be Fairly Valued.

Key valuation signals for ROCO:6629:

  • Scaled Net Operating Assets: 0.59
  • GF Value™: NT$107.69 vs. price of NT$108.00 (0.3% above fair value)
  • GF Score™: 92/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
92GF Score

Get the complete analysis for ROCO:6629

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

NT$108.00
Price
NT$107.69
GF Value