Tradelink Electronic Commerce (STU:T2E) Scaled Net Operating Assets: -0.14 (As of Dec. 2025)


STU:T2E Tradelink Electronic Commerce Ltd STU:T2E
57 GF Score
Price €0.02
GF Value €0.09
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Tradelink Electronic Commerce Scaled Net Operating Assets?

Tradelink Electronic Commerce STU:T2E 57 Scaled Net Operating Assets is -0.14 as of Dec. 2025. GuruFocus rates STU:T2E with a GF Score™ of 57/100 and a GF Value™ of €0.09 (Significantly Undervalued). 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.

Tradelink Electronic Commerce's operating assets for the quarter that ended in Dec. 2025 was €8.99 Mil. Tradelink Electronic Commerce's operating liabilities for the quarter that ended in Dec. 2025 was €17.05 Mil. Tradelink Electronic Commerce's Total Assets for the quarter that ended in Jun. 2025 was €58.60 Mil. Therefore, Tradelink Electronic Commerce's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.14.


Tradelink Electronic Commerce Scaled Net Operating Assets Historical Data

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The historical data trend for Tradelink Electronic Commerce'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.

Tradelink Electronic Commerce Scaled Net Operating Assets Chart

Tradelink Electronic Commerce 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 -0.11 -0.14 -0.12 -0.14 -0.12

Tradelink Electronic Commerce 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 -0.13 -0.13 -0.14 -0.14 -0.14

STU:T2E vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Tradelink Electronic Commerce'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.


Tradelink Electronic Commerce Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Tradelink Electronic Commerce's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tradelink Electronic Commerce's Scaled Net Operating Assets falls into.


STU:T2E
57GF Score
Tradelink Electronic Commerce Ltd STU:T2E
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tradelink Electronic Commerce 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.

Tradelink Electronic Commerce'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 )
=(8.994-17.053)/65.867
=-0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.121 - 50.127
=8.994

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.122 - 0.025 - 0.044
=17.053

Tradelink Electronic Commerce'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 )
=(8.994-17.053)/58.599
=-0.14

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.121 - 50.127
=8.994

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.122 - 0.025 - 0.044
=17.053

* 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 -0.14 mean?
Tradelink Electronic Commerce (STU:T2E) has a Scaled Net Operating Assets of -0.14 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 Tradelink Electronic Commerce and its competitors.
Is Tradelink Electronic Commerce's Scaled Net Operating Assets too high?
Tradelink Electronic Commerce's current Scaled Net Operating Assets is -0.14. Overall, Tradelink Electronic Commerce has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tradelink Electronic Commerce's Scaled Net Operating Assets compare to UBER and SHOP?
Tradelink Electronic Commerce's Scaled Net Operating Assets of -0.14 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 Tradelink Electronic Commerce and its competitors. Tradelink Electronic Commerce's current Scaled Net Operating Assets is -0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradelink Electronic Commerce stock overvalued right now?
Based on GuruFocus' analysis, Tradelink Electronic Commerce (STU:T2E) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.09, compared to a current price of €0.02 — trading 83.3% below its estimated fair value. The current Scaled Net Operating Assets is -0.14. Tradelink Electronic Commerce's overall GF Score™ is 57/100 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 Tradelink Electronic Commerce (STU:T2E), the current Scaled Net Operating Assets is -0.14 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 Tradelink Electronic Commerce (STU:T2E) Overvalued in 2026?

Based on GuruFocus' analysis, Tradelink Electronic Commerce stock appears to be undervalued. The current stock price of €0.02 is trading 83.3% below its estimated GF Value™ of €0.09. GuruFocus considers Tradelink Electronic Commerce to be Significantly Undervalued.

Key valuation signals for STU:T2E:

  • Scaled Net Operating Assets: -0.14
  • GF Value™: €0.09 vs. price of €0.02 (83.3% below fair value)
  • GF Score™: 57/100 with 8 warning signs

No single metric tells the full story. See the STU:T2E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradelink Electronic Commerce Business Description

Other Exchanges 00536:Hong Kong
Address 63 Wo Yi Hop Road, 11th Floor and 12th Floor, Tower B, Regent Centre, Kwai Chung, Hong Kong, HKG
Tradelink Electronic Commerce Ltd is mainly engaged in the provision of Government Electronic Trading Services (GETS) for processing certain official trade-related documents. It operates in the following segments: E-commerce, which accounts for the majority of revenue; Identity Management; and Other Services. The E-commerce segment is engaged in providing the group's Government Electronic Trading Services and supply chain solutions. The Identity Management segment provides security products, digital certificates, security solutions, and biometric-based authentication solutions for identity management. The Other Services segment comprises handling fees for the conversion of the paper form to electronic messages, income from the provision of technical support, and other project services.
57GF Score

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

€0.02
Price
€0.09
GF Value