Ho Tung Chemical (TPE:1714) Scaled Net Operating Assets: 0.48 (As of Jun. 2026)

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TPE:1714 Ho Tung Chemical Corp TPE:1714
67 GF Score
Price NT$16.55
GF Value NT$12.73
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Ho Tung Chemical Scaled Net Operating Assets?

Ho Tung Chemical TPE:1714 67 Scaled Net Operating Assets is 0.48 as of Jun. 2026. GuruFocus rates TPE:1714 with a GF Score™ of 67/100 and a GF Value™ of NT$12.73 (Modestly 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.

Ho Tung Chemical's operating assets for the quarter that ended in Jun. 2026 was NT$17,252 Mil. Ho Tung Chemical's operating liabilities for the quarter that ended in Jun. 2026 was NT$5,074 Mil. Ho Tung Chemical's Total Assets for the quarter that ended in Mar. 2026 was NT$25,588 Mil. Therefore, Ho Tung Chemical's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.48.


Ho Tung Chemical Scaled Net Operating Assets Historical Data

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The historical data trend for Ho Tung Chemical'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.

Ho Tung Chemical Scaled Net Operating Assets Chart

Ho Tung Chemical 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 0.52 0.53 0.52 0.51 0.48

Ho Tung Chemical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.42 0.50 0.49 0.49 0.48

TPE:1714 vs DOW: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Ho Tung Chemical'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.


Ho Tung Chemical Scaled Net Operating Assets vs Chemicals Industry

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

* The bar in red indicates where Ho Tung Chemical's Scaled Net Operating Assets falls into.


TPE:1714
67GF Score
Ho Tung Chemical Corp TPE:1714
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Tung Chemical 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.

Ho Tung Chemical'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 )
=(15890.491-4573.487)/23570.2
=0.48

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24999.031 - 9108.54
=15890.491

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7746.106 - 1888.997 - 1283.622
=4573.487

Ho Tung Chemical's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(17252.438-5073.755)/25588.223
=0.48

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=27205.9 - 9953.462
=17252.438

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8053.506 - 1775.161 - 1204.59
=5073.755

* 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 0.48 mean?
Ho Tung Chemical (TPE:1714) has a Scaled Net Operating Assets of 0.48 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ho Tung Chemical and its competitors.
Is Ho Tung Chemical's Scaled Net Operating Assets too high?
Ho Tung Chemical's current Scaled Net Operating Assets is 0.48. Overall, Ho Tung Chemical has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Tung Chemical's Scaled Net Operating Assets compare to DOW?
Ho Tung Chemical's Scaled Net Operating Assets of 0.48 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 Ho Tung Chemical and its competitors. Ho Tung Chemical's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Tung Chemical stock overvalued right now?
Based on GuruFocus' analysis, Ho Tung Chemical (TPE:1714) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$12.73, compared to a current price of NT$16.55 — trading 30% above its estimated fair value. The current Scaled Net Operating Assets is 0.48. Ho Tung Chemical's overall GF Score™ is 67/100 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 Ho Tung Chemical (TPE:1714), the current Scaled Net Operating Assets is 0.48 as of Jun. 2026. 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 Ho Tung Chemical (TPE:1714) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Tung Chemical stock appears to be overvalued. The current stock price of NT$16.55 is trading 30% above its estimated GF Value™ of NT$12.73. GuruFocus considers Ho Tung Chemical to be Modestly Overvalued.

Key valuation signals for TPE:1714:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: NT$12.73 vs. price of NT$16.55 (30% above fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the TPE:1714 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ho Tung Chemical Business Description

Address No. 6, Section 1, Zhongxing Road, 8th Floor, Wugu District, New Taipei City, TWN, 248
Ho Tung Chemical Corp is engaged in the manufacturing, processing, and sales of chemicals such as normal paraffin, alkenes, etc. The company's key products comprise Paraffin, Linear Alkylbenzene, Anionic Surfactants, Cationic Surfactants, Non-ionic Surfactants, Amphoteric Surfactants, Solvents, and others. It also focuses on other businesses like oil, investment, and cement. The company's reportable segments include Chemicals, which derives the majority of its revenue from Oil Products, Cement, and Investments. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, other parts of Southeast Asia, and other regions.
67GF Score

Get the complete analysis for TPE:1714

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

NT$16.55
Price
NT$12.73
GF Value