Trek 2000 International (SGX:5AB) Scaled Net Operating Assets: -0.01 (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.

SGX:5AB Trek 2000 International Ltd SGX:5AB
34 GF Score
Price S$0.26
GF Value S$0.08
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Trek 2000 International Scaled Net Operating Assets?

Trek 2000 International SGX:5AB +6.25% 34 Scaled Net Operating Assets is -0.01 as of Dec. 2025. GuruFocus rates SGX:5AB with a GF Score™ of 34/100 and a GF Value™ of S$0.08 (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.

Trek 2000 International's operating assets for the quarter that ended in Dec. 2025 was S$10.59 Mil. Trek 2000 International's operating liabilities for the quarter that ended in Dec. 2025 was S$10.92 Mil. Trek 2000 International's Total Assets for the quarter that ended in Jun. 2025 was S$48.30 Mil. Therefore, Trek 2000 International's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.01.


Trek 2000 International Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Trek 2000 International'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.

Trek 2000 International Scaled Net Operating Assets Chart

Trek 2000 International 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 0.10 0.16 0.02 0.22 -0.01

Trek 2000 International 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 0.03 0.24 0.22 -0.03 -0.01

SGX:5AB vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Trek 2000 International'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.


Trek 2000 International Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Trek 2000 International's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Trek 2000 International's Scaled Net Operating Assets falls into.


SGX:5AB
34GF Score
Trek 2000 International Ltd SGX:5AB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trek 2000 International 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.

Trek 2000 International'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 )
=(10.589-10.922)/44.478
=-0.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54.137 - 43.548
=10.589

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.096 - 0.058 - 0.116
=10.922

Trek 2000 International'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 )
=(10.589-10.922)/48.303
=-0.01

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=54.137 - 43.548
=10.589

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.096 - 0.058 - 0.116
=10.922

* 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 -0.01 mean?
Trek 2000 International (SGX:5AB) has a Scaled Net Operating Assets of -0.01 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 Trek 2000 International and its competitors.
Is Trek 2000 International's Scaled Net Operating Assets too high?
Trek 2000 International's current Scaled Net Operating Assets is -0.01. Overall, Trek 2000 International has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trek 2000 International's Scaled Net Operating Assets compare to CSCO and CIEN?
Trek 2000 International's Scaled Net Operating Assets of -0.01 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 Trek 2000 International and its competitors. Trek 2000 International's current Scaled Net Operating Assets is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trek 2000 International stock overvalued right now?
Based on GuruFocus' analysis, Trek 2000 International (SGX:5AB) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.26 — trading 218.8% above its estimated fair value. The current Scaled Net Operating Assets is -0.01. Trek 2000 International's overall GF Score™ is 34/100 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 Trek 2000 International (SGX:5AB), the current Scaled Net Operating Assets is -0.01 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 Trek 2000 International (SGX:5AB) Overvalued in 2026?

Based on GuruFocus' analysis, Trek 2000 International stock appears to be overvalued. The current stock price of S$0.26 is trading 218.8% above its estimated GF Value™ of S$0.08. GuruFocus considers Trek 2000 International to be Significantly Overvalued.

Key valuation signals for SGX:5AB:

  • Scaled Net Operating Assets: -0.01
  • GF Value™: S$0.08 vs. price of S$0.26 (218.8% above fair value)
  • GF Score™: 34/100 with 2 warning signs

No single metric tells the full story. See the SGX:5AB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trek 2000 International Business Description

Address 30 Loyang Way No. 07-13/14/15, Loyang Industrial Estate, Singapore, SGP, 508769
Trek 2000 International Ltd is an investment holding company with ownership of a portfolio of intellectual property. Its segments include Customised solutions, Artificial intelligence of things, Artificial intelligence renewable energy solutions, and Corporate. The company's Interactive Consumer Solutions division is the key revenue generator. Its ICS solutions/products comprise Thumbdrive, Flucard, Security Solutions, and WiFi Memory Modules for embedded devices. It is focused on key markets like China/ Hong Kong and Taiwan, and Singapore, India, Malaysia, and Indonesia are its secondary markets.
34GF Score

Get the complete analysis for SGX:5AB

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

S$0.26
Price
S$0.08
GF Value