Study King Co (ROCO:6780) Scaled Net Operating Assets: 0.13 (As of Dec. 2025)

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ROCO:6780 Study King Co Ltd ROCO:6780
75 GF Score
Price NT$40.00
GF Value NT$19.15
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Study King Co Scaled Net Operating Assets?

Study King Co ROCO:6780 75 Scaled Net Operating Assets is 0.13 as of Dec. 2025. GuruFocus rates ROCO:6780 with a GF Score™ of 75/100 and a GF Value™ of NT$19.15 (Significantly Overvalued). The stock has 4 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.

Study King Co's operating assets for the quarter that ended in Dec. 2025 was NT$90.5 Mil. Study King Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$52.5 Mil. Study King Co's Total Assets for the quarter that ended in Jun. 2025 was NT$295.5 Mil. Therefore, Study King Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.13.


Study King Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Study King 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.

Study King Co Scaled Net Operating Assets Chart

Study King Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.16 0.06 0.05 0.16 0.12

Study King Co Semi-Annual Data
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 0.05 0.14 0.16 0.15 0.13

ROCO:6780 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Study King 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.


Study King Co Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Study King Co's Scaled Net Operating Assets distribution charts can be found below:

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


ROCO:6780
75GF Score
Study King Co Ltd ROCO:6780
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Study King 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.

Study King 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 )
=(90.483-52.47)/309.943
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=307.82 - 217.337
=90.483

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=74.415 - 12.916 - 9.029
=52.47

Study King 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: Jun. 2025 )
=(90.483-52.47)/295.487
=0.13

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=307.82 - 217.337
=90.483

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=74.415 - 12.916 - 9.029
=52.47

* 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 0.13 mean?
Study King Co (ROCO:6780) has a Scaled Net Operating Assets of 0.13 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 Study King Co and its competitors.
Is Study King Co's Scaled Net Operating Assets too high?
Study King Co's current Scaled Net Operating Assets is 0.13. Overall, Study King Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Study King Co's Scaled Net Operating Assets compare to UBER and SHOP?
Study King Co's Scaled Net Operating Assets of 0.13 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Study King Co and its competitors. Study King Co's current Scaled Net Operating Assets is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Study King Co stock overvalued right now?
Based on GuruFocus' analysis, Study King Co (ROCO:6780) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.15, compared to a current price of NT$40.00 — trading 108.9% above its estimated fair value. The current Scaled Net Operating Assets is 0.13. Study King Co's overall GF Score™ is 75/100 with 4 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 Study King Co (ROCO:6780), the current Scaled Net Operating Assets is 0.13 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 Study King Co (ROCO:6780) Overvalued in 2026?

Based on GuruFocus' analysis, Study King Co stock appears to be overvalued. The current stock price of NT$40.00 is trading 108.9% above its estimated GF Value™ of NT$19.15. GuruFocus considers Study King Co to be Significantly Overvalued.

Key valuation signals for ROCO:6780:

  • Scaled Net Operating Assets: 0.13
  • GF Value™: NT$19.15 vs. price of NT$40.00 (108.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Study King Co Business Description

Address 250 Section 2 Wenhua Road, 3d Floor, Banqiao District, New Taipei, TWN, 22044
Study King Co Ltd is engaged in the digital learning business. It offers smart learning systems which provides teacher lecturing, intelligent puzzle solving, weaker guidance, learning record review, and other services.
75GF Score

Get the complete analysis for ROCO:6780

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

NT$40.00
Price
NT$19.15
GF Value