King Yuan Electronics Co (TPE:2449) Scaled Net Operating Assets: 0.75 (As of Dec. 2025)


TPE:2449 King Yuan Electronics Co Ltd TPE:2449
76 GF Score
Price NT$351.00
GF Value NT$163.71
Valuation Significantly Overvalued
! 7 Warning Signs
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What is King Yuan Electronics Co Scaled Net Operating Assets?

King Yuan Electronics Co TPE:2449 +4.78% 76 Scaled Net Operating Assets is 0.75 as of Dec. 2025. GuruFocus rates TPE:2449 with a GF Score™ of 76/100 and a GF Value™ of NT$163.71 (Significantly Overvalued). 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.

King Yuan Electronics Co's operating assets for the quarter that ended in Dec. 2025 was NT$83,214 Mil. King Yuan Electronics Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$17,596 Mil. King Yuan Electronics Co's Total Assets for the quarter that ended in Sep. 2025 was NT$87,372 Mil. Therefore, King Yuan Electronics Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.75.


King Yuan Electronics Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for King Yuan Electronics 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.

King Yuan Electronics Co Scaled Net Operating Assets Chart

King Yuan Electronics 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 0.86 0.71 0.69 0.76 0.76

King Yuan Electronics 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 0.68 0.47 0.62 0.69 0.75

TPE:2449 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, King Yuan Electronics 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.


King Yuan Electronics Co Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, King Yuan Electronics Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where King Yuan Electronics Co's Scaled Net Operating Assets falls into.


TPE:2449
76GF Score
King Yuan Electronics Co Ltd TPE:2449
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

King Yuan Electronics 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.

King Yuan Electronics 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 )
=(83214.447-17595.868)/86710.786
=0.76

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=101177.951 - 17963.504
=83214.447

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50740.202 - 32695.771 - 448.563
=17595.868

King Yuan Electronics 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 )
=(83214.447-17595.868)/87372.163
=0.75

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=101177.951 - 17963.504
=83214.447

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50740.202 - 32695.771 - 448.563
=17595.868

* 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 0.75 mean?
King Yuan Electronics Co (TPE:2449) has a Scaled Net Operating Assets of 0.75 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 King Yuan Electronics Co and its competitors.
Is King Yuan Electronics Co's Scaled Net Operating Assets too high?
King Yuan Electronics Co's current Scaled Net Operating Assets is 0.75. Overall, King Yuan Electronics Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does King Yuan Electronics Co's Scaled Net Operating Assets compare to NVDA and AVGO?
King Yuan Electronics Co's Scaled Net Operating Assets of 0.75 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 King Yuan Electronics Co and its competitors. King Yuan Electronics Co's current Scaled Net Operating Assets is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Yuan Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, King Yuan Electronics Co (TPE:2449) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$163.71, compared to a current price of NT$351.00 — trading 114.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.75. King Yuan Electronics Co's overall GF Score™ is 76/100 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 King Yuan Electronics Co (TPE:2449), the current Scaled Net Operating Assets is 0.75 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 King Yuan Electronics Co (TPE:2449) Overvalued in 2026?

Based on GuruFocus' analysis, King Yuan Electronics Co stock appears to be overvalued. The current stock price of NT$351.00 is trading 114.4% above its estimated GF Value™ of NT$163.71. GuruFocus considers King Yuan Electronics Co to be Significantly Overvalued.

Key valuation signals for TPE:2449:

  • Scaled Net Operating Assets: 0.75
  • GF Value™: NT$163.71 vs. price of NT$351.00 (114.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the TPE:2449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


King Yuan Electronics Co Business Description

Address Gongdaowu 5th Road, Section 2, No. 81, Hsinchu, TWN, 300
King Yuan Electronics Co Ltd mainly engages in the business of design, manufacturing, selling, testing, and assembly service of integrated circuits. Additionally, it manufactures and sells IC Monitoring Burn-In machinery and related components. King Yuan provides semiconductor back-end services globally, including testing, wafer grinding, die sawing, and pick-and-place operations. It supports a wide range of semiconductor technologies, including logic and mixed-signal devices, system-on-chip, CMOS image sensors (CIS) and charge-coupled devices (CCD), liquid crystal display drivers (LCDD), radio frequency (RF), wireless components, and micro-electro-mechanical systems (MEMS). Geographically, the company derives maximum revenue from North America, followed by Taiwan, Asia, and other regions.
76GF Score

Get the complete analysis for TPE:2449

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

NT$351.00
Price
NT$163.71
GF Value