Huang Hsiang Construction (TPE:2545) Scaled Net Operating Assets: 0.88 (As of Dec. 2025)


TPE:2545 Huang Hsiang Construction Corp TPE:2545
70 GF Score
Price NT$37.50
GF Value NT$35.00
Valuation Fairly Valued
! 15 Warning Signs
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What is Huang Hsiang Construction Scaled Net Operating Assets?

Huang Hsiang Construction TPE:2545 -3.35% 70 Scaled Net Operating Assets is 0.88 as of Dec. 2025. GuruFocus rates TPE:2545 with a GF Score™ of 70/100 and a GF Value™ of NT$35.00 (Fairly Valued). The stock has 15 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.

Huang Hsiang Construction's operating assets for the quarter that ended in Dec. 2025 was NT$56,813 Mil. Huang Hsiang Construction's operating liabilities for the quarter that ended in Dec. 2025 was NT$3,474 Mil. Huang Hsiang Construction's Total Assets for the quarter that ended in Sep. 2025 was NT$60,288 Mil. Therefore, Huang Hsiang Construction's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.88.


Huang Hsiang Construction Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Huang Hsiang Construction'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.

Huang Hsiang Construction Scaled Net Operating Assets Chart

Huang Hsiang Construction 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 1.05 0.99 0.97 0.88 0.97

Huang Hsiang Construction 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 0.88 0.89 0.90 0.88 0.89

Huang Hsiang Construction Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Diversified subindustry, Huang Hsiang Construction'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.


Huang Hsiang Construction Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Huang Hsiang Construction's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Huang Hsiang Construction's Scaled Net Operating Assets falls into.


TPE:2545
70GF Score
Huang Hsiang Construction Corp TPE:2545
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Huang Hsiang Construction 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.

Huang Hsiang Construction'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 )
=(56812.604-3473.978)/55300.087
=0.96

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=60317.627 - 3505.023
=56812.604

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45379.018 - 19187.895 - 22717.145
=3473.978

Huang Hsiang Construction'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 )
=(56812.604-3473.978)/60288.111
=0.88

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=60317.627 - 3505.023
=56812.604

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45379.018 - 19187.895 - 22717.145
=3473.978

* 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 0.88 mean?
Huang Hsiang Construction (TPE:2545) has a Scaled Net Operating Assets of 0.88 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 Huang Hsiang Construction and its competitors.
Is Huang Hsiang Construction's Scaled Net Operating Assets too high?
Huang Hsiang Construction's current Scaled Net Operating Assets is 0.88. Overall, Huang Hsiang Construction has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Huang Hsiang Construction's Scaled Net Operating Assets compare to competitors?
Huang Hsiang Construction's Scaled Net Operating Assets of 0.88 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 Huang Hsiang Construction and its competitors. Huang Hsiang Construction's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huang Hsiang Construction stock overvalued right now?
Based on GuruFocus' analysis, Huang Hsiang Construction (TPE:2545) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.00, compared to a current price of NT$37.50 — trading 7.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.88. Huang Hsiang Construction's overall GF Score™ is 70/100 with 15 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 Huang Hsiang Construction (TPE:2545), the current Scaled Net Operating Assets is 0.88 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 Huang Hsiang Construction (TPE:2545) Overvalued in 2026?

Based on GuruFocus' analysis, Huang Hsiang Construction stock appears to be overvalued. The current stock price of NT$37.50 is trading 7.1% above its estimated GF Value™ of NT$35.00. GuruFocus considers Huang Hsiang Construction to be Fairly Valued.

Key valuation signals for TPE:2545:

  • Scaled Net Operating Assets: 0.88
  • GF Value™: NT$35.00 vs. price of NT$37.50 (7.1% above fair value)
  • GF Score™: 70/100 with 15 warning signs

No single metric tells the full story. See the TPE:2545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huang Hsiang Construction Business Description

Address Bo\'ai Road, 8th Floor, Number 38, Zhongzheng District, Taipei, TWN
Huang Hsiang Construction Corp is principally engaged in the development of residential properties, the lease or sale of commercial buildings, comprehensive constructions, the development of specific districts, and hotel operations. The group has three operating segments: the Development department, which is engaged in the development of commercial and residential buildings for leasing and sales; the Construction department, which is engaged in the business of construction and civil engineering; and the Hotel department, which is engaged in the business of accommodation and catering services. The company generates the majority of its revenue from the Development segment. Geographically, the company operates in Taiwan.
70GF Score

Get the complete analysis for TPE:2545

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

NT$37.50
Price
NT$35.00
GF Value