Goldsun Building Materials Co (TPE:2504) Scaled Net Operating Assets: 0.84 (As of Dec. 2025)

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TPE:2504 Goldsun Building Materials Co Ltd TPE:2504
82 GF Score
Price NT$31.05
GF Value NT$37.41
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Goldsun Building Materials Co Scaled Net Operating Assets?

Goldsun Building Materials Co TPE:2504 +2.48% 82 Scaled Net Operating Assets is 0.84 as of Dec. 2025. GuruFocus rates TPE:2504 with a GF Score™ of 82/100 and a GF Value™ of NT$37.41 (Modestly Undervalued). The stock has 4 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.

Goldsun Building Materials Co's operating assets for the quarter that ended in Dec. 2025 was NT$42,408 Mil. Goldsun Building Materials Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$4,582 Mil. Goldsun Building Materials Co's Total Assets for the quarter that ended in Sep. 2025 was NT$44,886 Mil. Therefore, Goldsun Building Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.84.


Goldsun Building Materials Co Scaled Net Operating Assets Historical Data

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The historical data trend for Goldsun Building Materials 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.

Goldsun Building Materials Co Scaled Net Operating Assets Chart

Goldsun Building Materials 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 0.78 0.86 0.81 0.87 0.87

Goldsun Building Materials 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 0.85 0.84 0.74 0.83 0.84

TPE:2504 vs CRH, VMC, MLM: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, Goldsun Building Materials 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.


Goldsun Building Materials Co Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goldsun Building Materials Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Goldsun Building Materials Co's Scaled Net Operating Assets falls into.


TPE:2504
82GF Score
Goldsun Building Materials Co Ltd TPE:2504
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldsun Building Materials 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.

Goldsun Building Materials 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 )
=(42407.583-4582.18)/43435.687
=0.87

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46657.753 - 4250.17
=42407.583

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18323.573 - 8791.739 - 4949.654
=4582.18

Goldsun Building Materials 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 )
=(42407.583-4582.18)/44885.972
=0.84

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46657.753 - 4250.17
=42407.583

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18323.573 - 8791.739 - 4949.654
=4582.18

* 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 0.84 mean?
Goldsun Building Materials Co (TPE:2504) has a Scaled Net Operating Assets of 0.84 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 Goldsun Building Materials Co and its competitors.
Is Goldsun Building Materials Co's Scaled Net Operating Assets too high?
Goldsun Building Materials Co's current Scaled Net Operating Assets is 0.84. Overall, Goldsun Building Materials Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldsun Building Materials Co's Scaled Net Operating Assets compare to CRH and VMC?
Goldsun Building Materials Co's Scaled Net Operating Assets of 0.84 can be compared against companies in the Building Materials 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 Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials 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 Goldsun Building Materials Co and its competitors. Goldsun Building Materials Co's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldsun Building Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Goldsun Building Materials Co (TPE:2504) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.41, compared to a current price of NT$31.05 — trading 17% below its estimated fair value. The current Scaled Net Operating Assets is 0.84. Goldsun Building Materials Co's overall GF Score™ is 82/100 with 4 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 Goldsun Building Materials Co (TPE:2504), the current Scaled Net Operating Assets is 0.84 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 Goldsun Building Materials Co (TPE:2504) Overvalued in 2026?

Based on GuruFocus' analysis, Goldsun Building Materials Co stock appears to be undervalued. The current stock price of NT$31.05 is trading 17% below its estimated GF Value™ of NT$37.41. GuruFocus considers Goldsun Building Materials Co to be Modestly Undervalued.

Key valuation signals for TPE:2504:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: NT$37.41 vs. price of NT$31.05 (17% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the TPE:2504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldsun Building Materials Co Business Description

Address No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 11494
Goldsun Building Materials Co Ltd is a Taiwan-based company that produces and distributes ready-mixed concretes and cement and and building rental. The company has reporting segments namely Pre-mixed concrete Segment in Taiwan, Pre-mixed concrete Segment in Mainland China and Others. The company generates a majority of its sales from the Taiwan market.
82GF Score

Get the complete analysis for TPE:2504

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

NT$31.05
Price
NT$37.41
GF Value