Swancor Holding Co (TPE:3708) Scaled Net Operating Assets: 0.49 (As of Dec. 2025)

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TPE:3708 Swancor Holding Co Ltd TPE:3708
52 GF Score
Price NT$105.00
GF Value NT$15.14
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Swancor Holding Co Scaled Net Operating Assets?

Swancor Holding Co TPE:3708 -1.41% 52 Scaled Net Operating Assets is 0.49 as of Dec. 2025. GuruFocus rates TPE:3708 with a GF Score™ of 52/100 and a GF Value™ of NT$15.14 (Significantly Overvalued). The stock has 5 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.

Swancor Holding Co's operating assets for the quarter that ended in Dec. 2025 was NT$11,763 Mil. Swancor Holding Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$2,690 Mil. Swancor Holding Co's Total Assets for the quarter that ended in Sep. 2025 was NT$18,354 Mil. Therefore, Swancor Holding Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.49.


Swancor Holding Co Scaled Net Operating Assets Historical Data

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The historical data trend for Swancor Holding 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.

Swancor Holding Co Scaled Net Operating Assets Chart

Swancor Holding 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 0.74 0.62 0.47 0.55 0.61

Swancor Holding 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 0.56 0.55 0.49 0.74 0.49

TPE:3708 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Swancor Holding 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.


Swancor Holding Co Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Swancor Holding Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Swancor Holding Co's Scaled Net Operating Assets falls into.


TPE:3708
52GF Score
Swancor Holding Co Ltd TPE:3708
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swancor 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.

Swancor 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 )
=(11762.654-2690.449)/14774.37
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18597.431 - 6834.777
=11762.654

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3463.345 - 61.938 - 710.958
=2690.449

Swancor 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 )
=(11762.654-2690.449)/18353.997
=0.49

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18597.431 - 6834.777
=11762.654

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3463.345 - 61.938 - 710.958
=2690.449

* 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 0.49 mean?
Swancor Holding Co (TPE:3708) has a Scaled Net Operating Assets of 0.49 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 Swancor Holding Co and its competitors.
Is Swancor Holding Co's Scaled Net Operating Assets too high?
Swancor Holding Co's current Scaled Net Operating Assets is 0.49. Overall, Swancor Holding Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swancor Holding Co's Scaled Net Operating Assets compare to LIN and SHW?
Swancor Holding Co's Scaled Net Operating Assets of 0.49 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 Swancor Holding Co and its competitors. Swancor Holding Co's current Scaled Net Operating Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swancor Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Swancor Holding Co (TPE:3708) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.14, compared to a current price of NT$105.00 — trading 593.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.49. Swancor Holding Co's overall GF Score™ is 52/100 with 5 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 Swancor Holding Co (TPE:3708), the current Scaled Net Operating Assets is 0.49 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 Swancor Holding Co (TPE:3708) Overvalued in 2026?

Based on GuruFocus' analysis, Swancor Holding Co stock appears to be overvalued. The current stock price of NT$105.00 is trading 593.5% above its estimated GF Value™ of NT$15.14. GuruFocus considers Swancor Holding Co to be Significantly Overvalued.

Key valuation signals for TPE:3708:

  • Scaled Net Operating Assets: 0.49
  • GF Value™: NT$15.14 vs. price of NT$105.00 (593.5% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the TPE:3708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Swancor Holding Co Business Description

Address No. 588, Dongmin Road, Nantou, TWN, 54066
Swancor Holding Co Ltd is a Taiwan-based holding company. Along with its subsidiaries, it is involved in the manufacturing and trading business of precision chemical materials, Vinyl Ester Resins, UP Resin light composite material resins, energy conservation LED resins, energy conservation wind power laminar resins, and painting. The Group's reportable segment is the Composite Material segment. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan and other countries.
52GF Score

Get the complete analysis for TPE:3708

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

NT$105.00
Price
NT$15.14
GF Value