De Licacy Industrial Co (TPE:1464) Scaled Net Operating Assets: 0.72 (As of Dec. 2025)


TPE:1464 De Licacy Industrial Co Ltd TPE:1464
69 GF Score
Price NT$10.85
GF Value NT$15.86
Valuation Possible Value Trap
! 5 Warning Signs
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What is De Licacy Industrial Co Scaled Net Operating Assets?

De Licacy Industrial Co TPE:1464 +1.88% 69 Scaled Net Operating Assets is 0.72 as of Dec. 2025. GuruFocus rates TPE:1464 with a GF Score™ of 69/100 and a GF Value™ of NT$15.86 (Possible Value Trap). The stock has 5 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.

De Licacy Industrial Co's operating assets for the quarter that ended in Dec. 2025 was NT$14,998 Mil. De Licacy Industrial Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$2,551 Mil. De Licacy Industrial Co's Total Assets for the quarter that ended in Sep. 2025 was NT$17,197 Mil. Therefore, De Licacy Industrial Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.72.


De Licacy Industrial Co Scaled Net Operating Assets Historical Data

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The historical data trend for De Licacy Industrial 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.

De Licacy Industrial Co Scaled Net Operating Assets Chart

De Licacy Industrial 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 0.70 0.67 0.61 0.75 0.77

De Licacy Industrial 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 0.73 0.84 0.63 0.71 0.72

De Licacy Industrial Co Scaled Net Operating Assets Competitor Comparison

For the Textile Manufacturing subindustry, De Licacy Industrial 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.


De Licacy Industrial Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, De Licacy Industrial Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where De Licacy Industrial Co's Scaled Net Operating Assets falls into.


TPE:1464
69GF Score
De Licacy Industrial Co Ltd TPE:1464
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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De Licacy Industrial 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.

De Licacy Industrial 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 )
=(14998.006-2551.218)/16226.981
=0.77

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16986.855 - 1988.849
=14998.006

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11236.894 - 3005.762 - 5679.914
=2551.218

De Licacy Industrial 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 )
=(14998.006-2551.218)/17196.513
=0.72

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16986.855 - 1988.849
=14998.006

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11236.894 - 3005.762 - 5679.914
=2551.218

* 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 0.72 mean?
De Licacy Industrial Co (TPE:1464) has a Scaled Net Operating Assets of 0.72 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 De Licacy Industrial Co and its competitors.
Is De Licacy Industrial Co's Scaled Net Operating Assets too high?
De Licacy Industrial Co's current Scaled Net Operating Assets is 0.72. Overall, De Licacy Industrial Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does De Licacy Industrial Co's Scaled Net Operating Assets compare to competitors?
De Licacy Industrial Co's Scaled Net Operating Assets of 0.72 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 De Licacy Industrial Co and its competitors. De Licacy Industrial Co's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is De Licacy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, De Licacy Industrial Co (TPE:1464) is currently considered Possible Value Trap. The stock's GF Value™ is NT$15.86, compared to a current price of NT$10.85 — trading 31.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. De Licacy Industrial Co's overall GF Score™ is 69/100 with 5 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 De Licacy Industrial Co (TPE:1464), the current Scaled Net Operating Assets is 0.72 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 De Licacy Industrial Co (TPE:1464) Overvalued in 2026?

Based on GuruFocus' analysis, De Licacy Industrial Co stock appears to be undervalued. The current stock price of NT$10.85 is trading 31.6% below its estimated GF Value™ of NT$15.86. GuruFocus considers De Licacy Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:1464:

  • Scaled Net Operating Assets: 0.72
  • GF Value™: NT$15.86 vs. price of NT$10.85 (31.6% below fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the TPE:1464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


De Licacy Industrial Co Business Description

Address Fuxing Road, No. 820, 005 Lin, San Sher Li, Xinshi District, Tainan, TWN, 744
De Licacy Industrial Co Ltd is a textile company engaged in manufacturing, dyeing and finishing, and trading of various textiles. The company manufacture plaid cloth, blended cloth, jacquard cloth, bubble cloth, telescopic cloth, chemical fiber cloth, polyester cotton cloth, satin, and other textile manufacturing, dyeing, and finishing processing, and trading business. It manufactures and markets yarn-dyed fabric in various materials, including cotton, polyester, viscose rayon, tencel, lyocell, polynosic, modal, nylon, linen, and stretch, which are used for manufacturing shirts, bottoms, suits, outerwear, sportswear, and home textiles, among others. The company operates in Japan, Singapore, Hong Kong, Europe, and North America, along with Taiwan.
69GF Score

Get the complete analysis for TPE:1464

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

NT$10.85
Price
NT$15.86
GF Value