Wha Yu Industrial Co (TPE:3419) Scaled Net Operating Assets: 0.58 (As of Dec. 2025)


TPE:3419 Wha Yu Industrial Co Ltd TPE:3419
70 GF Score
Price NT$13.85
GF Value NT$17.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Wha Yu Industrial Co Scaled Net Operating Assets?

Wha Yu Industrial Co TPE:3419 +0.73% 70 Scaled Net Operating Assets is 0.58 as of Dec. 2025. GuruFocus rates TPE:3419 with a GF Score™ of 70/100 and a GF Value™ of NT$17.86 (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.

Wha Yu Industrial Co's operating assets for the quarter that ended in Dec. 2025 was NT$1,653 Mil. Wha Yu Industrial Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$491 Mil. Wha Yu Industrial Co's Total Assets for the quarter that ended in Sep. 2025 was NT$2,009 Mil. Therefore, Wha Yu Industrial Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.58.


Wha Yu Industrial Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Wha Yu Industrial 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.

Wha Yu Industrial Co Scaled Net Operating Assets Chart

Wha Yu Industrial 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 0.65 0.69 0.47 0.54 0.62

Wha Yu Industrial 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 0.57 0.59 0.59 0.65 0.58

TPE:3419 vs CSCO, CIEN, MSI: Scaled Net Operating Assets Comparison

For the Communication Equipment subindustry, Wha Yu Industrial 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.


Wha Yu Industrial Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Wha Yu Industrial Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Wha Yu Industrial Co's Scaled Net Operating Assets falls into.


TPE:3419
70GF Score
Wha Yu Industrial Co Ltd TPE:3419
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Wha Yu Industrial 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.

Wha Yu Industrial 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 )
=(1653.473-491.115)/1878.637
=0.62

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1878.007 - 224.534
=1653.473

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=913.648 - 138.567 - 283.966
=491.115

Wha Yu Industrial 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 )
=(1653.473-491.115)/2008.831
=0.58

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1878.007 - 224.534
=1653.473

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=913.648 - 138.567 - 283.966
=491.115

* 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 0.58 mean?
Wha Yu Industrial Co (TPE:3419) has a Scaled Net Operating Assets of 0.58 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 Wha Yu Industrial Co and its competitors.
Is Wha Yu Industrial Co's Scaled Net Operating Assets too high?
Wha Yu Industrial Co's current Scaled Net Operating Assets is 0.58. Overall, Wha Yu Industrial Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wha Yu Industrial Co's Scaled Net Operating Assets compare to CSCO and CIEN?
Wha Yu Industrial Co's Scaled Net Operating Assets of 0.58 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Wha Yu Industrial Co and its competitors. Wha Yu Industrial Co's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wha Yu Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Wha Yu Industrial Co (TPE:3419) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$17.86, compared to a current price of NT$13.85 — trading 22.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.58. Wha Yu Industrial Co's overall GF Score™ is 70/100 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 Wha Yu Industrial Co (TPE:3419), the current Scaled Net Operating Assets is 0.58 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 Wha Yu Industrial Co (TPE:3419) Overvalued in 2026?

Based on GuruFocus' analysis, Wha Yu Industrial Co stock appears to be undervalued. The current stock price of NT$13.85 is trading 22.5% below its estimated GF Value™ of NT$17.86. GuruFocus considers Wha Yu Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:3419:

  • Scaled Net Operating Assets: 0.58
  • GF Value™: NT$17.86 vs. price of NT$13.85 (22.5% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the TPE:3419 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wha Yu Industrial Co Business Description

Address Gongdao 5th Road, No. 326, Section 2, East District, Hsinchu City, TWN, 300043
Wha Yu Industrial Co Ltd is engaged in industrial plastic products, wires, cables, electronic components, wholesale of electronic materials, retail of electronic materials and international trade. The Company's reportable segments are the Department of High, Medium and Low Frequency Wireless Devices and Electronic Signal Connection Devices and Electronic Products, which generates maximum revenue, and the Department of Trading and Agency for Parts Business. The Company generates maximum revenue from Asia.
70GF 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$13.85
Price
NT$17.86
GF Value