Luminescence Technology (ROCO:6729) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)

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ROCO:6729 Luminescence Technology Corp ROCO:6729
77 GF Score
Price NT$52.70
GF Value NT$24.68
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Luminescence Technology Scaled Net Operating Assets?

Luminescence Technology ROCO:6729 +2.33% 77 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates ROCO:6729 with a GF Score™ of 77/100 and a GF Value™ of NT$24.68 (Significantly Overvalued). The stock has 2 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.

Luminescence Technology's operating assets for the quarter that ended in Dec. 2025 was NT$175.8 Mil. Luminescence Technology's operating liabilities for the quarter that ended in Dec. 2025 was NT$23.2 Mil. Luminescence Technology's Total Assets for the quarter that ended in Jun. 2025 was NT$353.3 Mil. Therefore, Luminescence Technology's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


Luminescence Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Luminescence Technology'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.

Luminescence Technology Scaled Net Operating Assets Chart

Luminescence Technology 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 0.35 0.32 0.44 0.44 0.43

Luminescence Technology Semi-Annual Data
Dec16 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 0.44 0.38 0.46 0.42 0.43

ROCO:6729 vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Luminescence Technology'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.


Luminescence Technology Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luminescence Technology's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Luminescence Technology's Scaled Net Operating Assets falls into.


ROCO:6729
77GF Score
Luminescence Technology Corp ROCO:6729
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luminescence Technology 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.

Luminescence Technology'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 )
=(175.75-23.248)/351.425
=0.43

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=402.256 - 226.506
=175.75

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.571 - 2.47 - 1.853
=23.248

Luminescence Technology'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 )
=(175.75-23.248)/353.289
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=402.256 - 226.506
=175.75

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=27.571 - 2.47 - 1.853
=23.248

* 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 0.43 mean?
Luminescence Technology (ROCO:6729) has a Scaled Net Operating Assets of 0.43 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 Luminescence Technology and its competitors.
Is Luminescence Technology's Scaled Net Operating Assets too high?
Luminescence Technology's current Scaled Net Operating Assets is 0.43. Overall, Luminescence Technology has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luminescence Technology's Scaled Net Operating Assets compare to DOW?
Luminescence Technology's Scaled Net Operating Assets of 0.43 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 Luminescence Technology and its competitors. Luminescence Technology's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luminescence Technology stock overvalued right now?
Based on GuruFocus' analysis, Luminescence Technology (ROCO:6729) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$24.68, compared to a current price of NT$52.70 — trading 113.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.43. Luminescence Technology's overall GF Score™ is 77/100 with 2 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 Luminescence Technology (ROCO:6729), the current Scaled Net Operating Assets is 0.43 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 Luminescence Technology (ROCO:6729) Overvalued in 2026?

Based on GuruFocus' analysis, Luminescence Technology stock appears to be overvalued. The current stock price of NT$52.70 is trading 113.5% above its estimated GF Value™ of NT$24.68. GuruFocus considers Luminescence Technology to be Significantly Overvalued.

Key valuation signals for ROCO:6729:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: NT$24.68 vs. price of NT$52.70 (113.5% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Luminescence Technology Business Description

Address No. 17, Randhan 2nd Road, 2nd Floor, New Taipei City, TWN, 22175
Luminescence Technology Corp is a Taiwan based chemical manufacturing company. The firm's product range consists of OLED material, OPV material, OTFT material, Organic intermediates, Boronic Acid, ITO patterned glass and components among others.
77GF Score

Get the complete analysis for ROCO:6729

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

NT$52.70
Price
NT$24.68
GF Value