Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Hwa Fong Rubber Ind Co's operating assets for the quarter that ended in Sep. 2025 was NT$4,962 Mil. Hwa Fong Rubber Ind Co's operating liabilities for the quarter that ended in Sep. 2025 was NT$1,132 Mil. Hwa Fong Rubber Ind Co's Total Assets for the quarter that ended in Jun. 2025 was NT$7,632 Mil. Therefore, Hwa Fong Rubber Ind Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.50.
Hwa Fong Rubber Ind Co Scaled Net Operating Assets Related Terms
Hwa Fong Rubber Ind Co Scaled Net Operating Assets Historical Data
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The historical data trend for Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Scaled Net Operating Assets Chart
TPE:2109 vs ORLY, AZO: Scaled Net Operating Assets Comparison
For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co Scaled Net Operating Assets vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co's Scaled Net Operating Assets falls into.
* 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 0.50 mean?
Hwa Fong Rubber Ind Co (TPE:2109) has a Scaled Net Operating Assets of 0.50 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hwa Fong Rubber Ind Co and its competitors.
Is Hwa Fong Rubber Ind Co's Scaled Net Operating Assets too high?
Hwa Fong Rubber Ind Co's current Scaled Net Operating Assets is 0.50. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Scaled Net Operating Assets compare to ORLY and AZO?
Hwa Fong Rubber Ind Co's Scaled Net Operating Assets of 0.50 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Hwa Fong Rubber Ind Co and its competitors. Hwa Fong Rubber Ind Co's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.79, compared to a current price of NT$14.70 — trading 0.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.50. Hwa Fong Rubber Ind Co's overall GF Score™ is 73/100 with 3 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 Hwa Fong Rubber Ind Co (TPE:2109), the current Scaled Net Operating Assets is 0.50 as of Sep. 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be undervalued.
The current stock price of NT$14.70 is trading 0.6% below its estimated GF Value™ of NT$14.79.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
Scaled Net Operating Assets: 0.50
GF Value™: NT$14.79 vs. price of NT$14.70 (0.6% below fair value)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
73GF 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.
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