Lung Ming Green Energy Technology Engineering Co (TPE:3018) Scaled Net Operating Assets: 0.22 (As of Dec. 2025)


TPE:3018 Lung Ming Green Energy Technology Engineering Co Ltd TPE:3018
55 GF Score
Price NT$12.10
GF Value NT$8.00
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Lung Ming Green Energy Technology Engineering Co Scaled Net Operating Assets?

Lung Ming Green Energy Technology Engineering Co TPE:3018 +0.41% 55 Scaled Net Operating Assets is 0.22 as of Dec. 2025. GuruFocus rates TPE:3018 with a GF Score™ of 55/100 and a GF Value™ of NT$8.00 (Significantly Overvalued). The stock has 6 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.

Lung Ming Green Energy Technology Engineering Co's operating assets for the quarter that ended in Dec. 2025 was NT$947.1 Mil. Lung Ming Green Energy Technology Engineering Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$591.2 Mil. Lung Ming Green Energy Technology Engineering Co's Total Assets for the quarter that ended in Sep. 2025 was NT$1,637.3 Mil. Therefore, Lung Ming Green Energy Technology Engineering Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.22.


Lung Ming Green Energy Technology Engineering Co Scaled Net Operating Assets Historical Data

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The historical data trend for Lung Ming Green Energy Technology Engineering 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.

Lung Ming Green Energy Technology Engineering Co Scaled Net Operating Assets Chart

Lung Ming Green Energy Technology Engineering 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 0.35 0.24 0.29 0.65 0.22

Lung Ming Green Energy Technology Engineering 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 0.46 0.54 0.56 0.46 0.22

TPE:3018 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Lung Ming Green Energy Technology Engineering 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.


Lung Ming Green Energy Technology Engineering Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Lung Ming Green Energy Technology Engineering Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Lung Ming Green Energy Technology Engineering Co's Scaled Net Operating Assets falls into.


TPE:3018
55GF Score
Lung Ming Green Energy Technology Engineering Co Ltd TPE:3018
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lung Ming Green Energy Technology Engineering 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.

Lung Ming Green Energy Technology Engineering 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 )
=(947.101-591.184)/1654.673
=0.22

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1250.673 - 303.572
=947.101

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=688.473 - 5.9 - 91.389
=591.184

Lung Ming Green Energy Technology Engineering 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 )
=(947.101-591.184)/1637.341
=0.22

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1250.673 - 303.572
=947.101

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=688.473 - 5.9 - 91.389
=591.184

* 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 0.22 mean?
Lung Ming Green Energy Technology Engineering Co (TPE:3018) has a Scaled Net Operating Assets of 0.22 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 Lung Ming Green Energy Technology Engineering Co and its competitors.
Is Lung Ming Green Energy Technology Engineering Co's Scaled Net Operating Assets too high?
Lung Ming Green Energy Technology Engineering Co's current Scaled Net Operating Assets is 0.22. Overall, Lung Ming Green Energy Technology Engineering 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 Lung Ming Green Energy Technology Engineering Co's Scaled Net Operating Assets compare to PWR and FIX?
Lung Ming Green Energy Technology Engineering Co's Scaled Net Operating Assets of 0.22 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Lung Ming Green Energy Technology Engineering Co and its competitors. Lung Ming Green Energy Technology Engineering Co's current Scaled Net Operating Assets is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lung Ming Green Energy Technology Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co (TPE:3018) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.00, compared to a current price of NT$12.10 — trading 51.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.22. Lung Ming Green Energy Technology Engineering Co's overall GF Score™ is 55/100 with 6 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018), the current Scaled Net Operating Assets is 0.22 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 Lung Ming Green Energy Technology Engineering Co (TPE:3018) Overvalued in 2026?

Based on GuruFocus' analysis, Lung Ming Green Energy Technology Engineering Co stock appears to be overvalued. The current stock price of NT$12.10 is trading 51.3% above its estimated GF Value™ of NT$8.00. GuruFocus considers Lung Ming Green Energy Technology Engineering Co to be Significantly Overvalued.

Key valuation signals for TPE:3018:

  • Scaled Net Operating Assets: 0.22
  • GF Value™: NT$8.00 vs. price of NT$12.10 (51.3% above fair value)
  • GF Score™: 55/100 with 6 warning signs

No single metric tells the full story. See the TPE:3018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lung Ming Green Energy Technology Engineering Co Business Description

Address No. 602, Mingshui Road, 3rd Floor, Zhongshan District, Taipei, TWN
Lung Ming Green Energy Technology Engineering Co Ltd is principally engaged in mechanical and electrical system integration works, construction works, and waste disposal related to technology plants, industrial plants, and residences. The Company operates through the Engineering department, which generates maximum revenue, the Environmental Protection department, and the Other department.
55GF Score

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

NT$12.10
Price
NT$8.00
GF Value