CTBC Financial Holding Co (TPE:2891) Scaled Net Operating Assets: 0.03 (As of Dec. 2025)

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TPE:2891 CTBC Financial Holding Co Ltd TPE:2891
70 GF Score
Price NT$65.00
GF Value NT$55.16
Valuation Modestly Overvalued
! 7 Warning Signs
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What is CTBC Financial Holding Co Scaled Net Operating Assets?

CTBC Financial Holding Co TPE:2891 -2.26% 70 Scaled Net Operating Assets is 0.03 as of Dec. 2025. GuruFocus rates TPE:2891 with a GF Score™ of 70/100 and a GF Value™ of NT$55.16 (Modestly 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.

CTBC Financial Holding Co's operating assets for the quarter that ended in Dec. 2025 was NT$8,689,338 Mil. CTBC Financial Holding Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$8,450,571 Mil. CTBC Financial Holding Co's Total Assets for the quarter that ended in Sep. 2025 was NT$9,032,682 Mil. Therefore, CTBC Financial Holding Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.03.

TPE:2891
70GF Score
CTBC Financial Holding Co Ltd TPE:2891
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CTBC Financial Holding 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.

CTBC Financial Holding 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 )
=(8689337.749-8450570.596)/8839609.949
=0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9331086.67 - 641748.921
=8689337.749

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8781805.47 - 331234.874 - 0
=8450570.596

CTBC Financial Holding 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 )
=(8689337.749-8450570.596)/9032681.891
=0.03

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9331086.67 - 641748.921
=8689337.749

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8781805.47 - 331234.874 - 0
=8450570.596

* 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 0.03 mean?
CTBC Financial Holding Co (TPE:2891) has a Scaled Net Operating Assets of 0.03 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 CTBC Financial Holding Co and its competitors.
Is CTBC Financial Holding Co's Scaled Net Operating Assets too high?
CTBC Financial Holding Co's current Scaled Net Operating Assets is 0.03. Overall, CTBC Financial Holding Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTBC Financial Holding Co's Scaled Net Operating Assets compare to competitors?
CTBC Financial Holding Co's Scaled Net Operating Assets of 0.03 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 CTBC Financial Holding Co and its competitors. CTBC Financial Holding Co's current Scaled Net Operating Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTBC Financial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, CTBC Financial Holding Co (TPE:2891) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$55.16, compared to a current price of NT$65.00 — trading 17.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.03. CTBC Financial Holding Co's overall GF Score™ is 70/100 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 CTBC Financial Holding Co (TPE:2891), the current Scaled Net Operating Assets is 0.03 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 CTBC Financial Holding Co (TPE:2891) Overvalued in 2026?

Based on GuruFocus' analysis, CTBC Financial Holding Co stock appears to be overvalued. The current stock price of NT$65.00 is trading 17.8% above its estimated GF Value™ of NT$55.16. GuruFocus considers CTBC Financial Holding Co to be Modestly Overvalued.

Key valuation signals for TPE:2891:

  • Scaled Net Operating Assets: 0.03
  • GF Value™: NT$55.16 vs. price of NT$65.00 (17.8% above fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the TPE:2891 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CTBC Financial Holding Co Business Description

Address Jingmao 2nd Road, No. 168, 27th and 29th Floor, Nangang District, Taipei, TWN, 115
CTBC Financial Holding Co Ltd is a diversified financial services holding company. Along with its subsidiaries, it operates in the following segments: Life insurance, which generates maximum revenue, Institutional banking, Retail banking, and Others. The majority of the Group's revenue is derived from its Institutional and Retail banking businesses, which include commercial banking and capital market activities, financing activities, deposit products, wealth management, credit cards, secured loans, and unsecured individual loans, etc., catering to individual and institutional clients. Geographically, the Group generates maximum revenue from its business in Taiwan, followed by Asia (excluding Taiwan), and North America.
70GF Score

Get the complete analysis for TPE:2891

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

NT$65.00
Price
NT$55.16
GF Value