Cheng Uei Precision Industry Co (TPE:2392) Scaled Net Operating Assets: 0.54 (As of Dec. 2025)


TPE:2392 Cheng Uei Precision Industry Co Ltd TPE:2392
66 GF Score
Price NT$39.75
GF Value NT$49.19
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Cheng Uei Precision Industry Co Scaled Net Operating Assets?

Cheng Uei Precision Industry Co TPE:2392 +4.88% 66 Scaled Net Operating Assets is 0.54 as of Dec. 2025. GuruFocus rates TPE:2392 with a GF Score™ of 66/100 and a GF Value™ of NT$49.19 (Modestly Undervalued). The stock has 7 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.

Cheng Uei Precision Industry Co's operating assets for the quarter that ended in Dec. 2025 was NT$95,026 Mil. Cheng Uei Precision Industry Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$24,960 Mil. Cheng Uei Precision Industry Co's Total Assets for the quarter that ended in Sep. 2025 was NT$129,217 Mil. Therefore, Cheng Uei Precision Industry Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.54.


Cheng Uei Precision Industry Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry Co Scaled Net Operating Assets Chart

Cheng Uei Precision Industry 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 0.56 0.69 0.64 0.74 0.54

Cheng Uei Precision Industry 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 0.61 0.59 0.60 0.57 0.54

TPE:2392 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Cheng Uei Precision Industry 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.


Cheng Uei Precision Industry Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Cheng Uei Precision Industry Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cheng Uei Precision Industry Co's Scaled Net Operating Assets falls into.


TPE:2392
66GF Score
Cheng Uei Precision Industry Co Ltd TPE:2392
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry 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 )
=(95025.695-24960.072)/130511.628
=0.54

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122037.988 - 27012.293
=95025.695

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=97147.808 - 19695.096 - 52492.64
=24960.072

Cheng Uei Precision Industry 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 )
=(95025.695-24960.072)/129216.911
=0.54

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=122037.988 - 27012.293
=95025.695

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=97147.808 - 19695.096 - 52492.64
=24960.072

* 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 0.54 mean?
Cheng Uei Precision Industry Co (TPE:2392) has a Scaled Net Operating Assets of 0.54 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 Cheng Uei Precision Industry Co and its competitors.
Is Cheng Uei Precision Industry Co's Scaled Net Operating Assets too high?
Cheng Uei Precision Industry Co's current Scaled Net Operating Assets is 0.54. Overall, Cheng Uei Precision Industry Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Uei Precision Industry Co's Scaled Net Operating Assets compare to APH and GLW?
Cheng Uei Precision Industry Co's Scaled Net Operating Assets of 0.54 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 Cheng Uei Precision Industry Co and its competitors. Cheng Uei Precision Industry Co's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Uei Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co (TPE:2392) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$49.19, compared to a current price of NT$39.75 — trading 19.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.54. Cheng Uei Precision Industry Co's overall GF Score™ is 66/100 with 7 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 Cheng Uei Precision Industry Co (TPE:2392), the current Scaled Net Operating Assets is 0.54 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 Cheng Uei Precision Industry Co (TPE:2392) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Uei Precision Industry Co stock appears to be undervalued. The current stock price of NT$39.75 is trading 19.2% below its estimated GF Value™ of NT$49.19. GuruFocus considers Cheng Uei Precision Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2392:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: NT$49.19 vs. price of NT$39.75 (19.2% below fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TPE:2392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Uei Precision Industry Co Business Description

Address No.18, Zhongshan Road, Tucheng District, New Taipei City, TWN, 236
Cheng Uei Precision Industry Co Ltd is engaged in the manufacture of cable assemblies, connectors, battery packs, and power modules. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company's reportable operating segments include Systems and peripheral products, which derive maximum revenue, 3C component, 3C product retail, Energy service management, and Others. Geographically, it derives maximum revenue from America, followed by Taiwan, China, Vietnam, Hong Kong, India, and other regions.
66GF Score

Get the complete analysis for TPE:2392

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

NT$39.75
Price
NT$49.19
GF Value