Hung Ching Developmentnstruction Co (TPE:2527) Scaled Net Operating Assets: 1.06 (As of Dec. 2025)


TPE:2527 Hung Ching Development & Construction Co Ltd TPE:2527
55 GF Score
Price NT$42.60
GF Value NT$8.12
Valuation Significantly Overvalued
! 16 Warning Signs
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What is Hung Ching Developmentnstruction Co Scaled Net Operating Assets?

Hung Ching Developmentnstruction Co TPE:2527 55 Scaled Net Operating Assets is 1.06 as of Dec. 2025. GuruFocus rates TPE:2527 with a GF Score™ of 55/100 and a GF Value™ of NT$8.12 (Significantly Overvalued). The stock has 16 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.

Hung Ching Developmentnstruction Co's operating assets for the quarter that ended in Dec. 2025 was NT$31,599.2 Mil. Hung Ching Developmentnstruction Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$1,900.2 Mil. Hung Ching Developmentnstruction Co's Total Assets for the quarter that ended in Sep. 2025 was NT$28,050.6 Mil. Therefore, Hung Ching Developmentnstruction Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.06.


Hung Ching Developmentnstruction Co Scaled Net Operating Assets Historical Data

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The historical data trend for Hung Ching Developmentnstruction 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.

Hung Ching Developmentnstruction Co Scaled Net Operating Assets Chart

Hung Ching Developmentnstruction 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 0.97 1.03 1.33 0.89 1.09

Hung Ching Developmentnstruction 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 0.82 0.90 0.93 0.98 1.06

TPE:2527 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Hung Ching Developmentnstruction 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.


Hung Ching Developmentnstruction Co Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hung Ching Developmentnstruction Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hung Ching Developmentnstruction Co's Scaled Net Operating Assets falls into.


TPE:2527
55GF Score
Hung Ching Development & Construction Co Ltd TPE:2527
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hung Ching Developmentnstruction 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.

Hung Ching Developmentnstruction 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 )
=(31599.189-1900.185)/27329.472
=1.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32975.648 - 1376.459
=31599.189

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15460.165 - 3400.645 - 10159.335
=1900.185

Hung Ching Developmentnstruction 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 )
=(31599.189-1900.185)/28050.566
=1.06

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32975.648 - 1376.459
=31599.189

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15460.165 - 3400.645 - 10159.335
=1900.185

* 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 1.06 mean?
Hung Ching Developmentnstruction Co (TPE:2527) has a Scaled Net Operating Assets of 1.06 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 Hung Ching Developmentnstruction Co and its competitors.
Is Hung Ching Developmentnstruction Co's Scaled Net Operating Assets too high?
Hung Ching Developmentnstruction Co's current Scaled Net Operating Assets is 1.06. Overall, Hung Ching Developmentnstruction Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hung Ching Developmentnstruction Co's Scaled Net Operating Assets compare to CBRE and BEKE?
Hung Ching Developmentnstruction Co's Scaled Net Operating Assets of 1.06 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Hung Ching Developmentnstruction Co and its competitors. Hung Ching Developmentnstruction Co's current Scaled Net Operating Assets is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hung Ching Developmentnstruction Co stock overvalued right now?
Based on GuruFocus' analysis, Hung Ching Developmentnstruction Co (TPE:2527) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.12, compared to a current price of NT$42.60 — trading 424.6% above its estimated fair value. The current Scaled Net Operating Assets is 1.06. Hung Ching Developmentnstruction Co's overall GF Score™ is 55/100 with 16 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 Hung Ching Developmentnstruction Co (TPE:2527), the current Scaled Net Operating Assets is 1.06 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 Hung Ching Developmentnstruction Co (TPE:2527) Overvalued in 2026?

Based on GuruFocus' analysis, Hung Ching Developmentnstruction Co stock appears to be overvalued. The current stock price of NT$42.60 is trading 424.6% above its estimated GF Value™ of NT$8.12. GuruFocus considers Hung Ching Developmentnstruction Co to be Significantly Overvalued.

Key valuation signals for TPE:2527:

  • Scaled Net Operating Assets: 1.06
  • GF Value™: NT$8.12 vs. price of NT$42.60 (424.6% above fair value)
  • GF Score™: 55/100 with 16 warning signs

No single metric tells the full story. See the TPE:2527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hung Ching Developmentnstruction Co Business Description

Address Keelung Road, 10th Floor, No. 420, Section 1, Taipei, TWN
Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in appointment of contractors to build public housing developments and commercial buildings for leasing and selling and in and management and investment of other relevant business. The company's reportable segments are as follows: i) Real estate development - sales of residential and commercial property and plant, ii) Construction - building of residential and commercial property and plant, iii) Lease - lease of investment property, and iv) Others - property management and related services for investment properties. The majority of revenue is derived from the Real estate development segment. It mainly operates in two geographical areas, Taiwan and China, with key revenue generated from Taiwan.
55GF Score

Get the complete analysis for TPE:2527

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

NT$42.60
Price
NT$8.12
GF Value