Quang Viet Enterprise Co (TPE:4438) Scaled Net Operating Assets: 0.47 (As of Dec. 2025)

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TPE:4438 Quang Viet Enterprise Co Ltd TPE:4438
73 GF Score
Price NT$61.00
GF Value NT$118.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Quang Viet Enterprise Co Scaled Net Operating Assets?

Quang Viet Enterprise Co TPE:4438 -0.81% 73 Scaled Net Operating Assets is 0.47 as of Dec. 2025. GuruFocus rates TPE:4438 with a GF Score™ of 73/100 and a GF Value™ of NT$118.92 (Significantly Undervalued). 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.

Quang Viet Enterprise Co's operating assets for the quarter that ended in Dec. 2025 was NT$13,488 Mil. Quang Viet Enterprise Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$2,982 Mil. Quang Viet Enterprise Co's Total Assets for the quarter that ended in Sep. 2025 was NT$22,249 Mil. Therefore, Quang Viet Enterprise Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.47.


Quang Viet Enterprise Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co Scaled Net Operating Assets Chart

Quang Viet Enterprise 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 0.66 0.56 0.47 0.58 0.61

Quang Viet Enterprise 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 0.50 0.68 0.65 0.70 0.47

TPE:4438 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Quang Viet Enterprise 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.


Quang Viet Enterprise Co Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Quang Viet Enterprise Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Quang Viet Enterprise Co's Scaled Net Operating Assets falls into.


TPE:4438
73GF Score
Quang Viet Enterprise Co Ltd TPE:4438
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Viet Enterprise 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.

Quang Viet Enterprise 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 )
=(13487.63-2981.859)/17198.331
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17899.838 - 4412.208
=13487.63

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7399.391 - 1380.835 - 3036.697
=2981.859

Quang Viet Enterprise 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 )
=(13487.63-2981.859)/22248.52
=0.47

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17899.838 - 4412.208
=13487.63

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7399.391 - 1380.835 - 3036.697
=2981.859

* 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 0.47 mean?
Quang Viet Enterprise Co (TPE:4438) has a Scaled Net Operating Assets of 0.47 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 Quang Viet Enterprise Co and its competitors.
Is Quang Viet Enterprise Co's Scaled Net Operating Assets too high?
Quang Viet Enterprise Co's current Scaled Net Operating Assets is 0.47. Overall, Quang Viet Enterprise Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Viet Enterprise Co's Scaled Net Operating Assets compare to RL and LEVI?
Quang Viet Enterprise Co's Scaled Net Operating Assets of 0.47 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Quang Viet Enterprise Co and its competitors. Quang Viet Enterprise Co's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Viet Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Quang Viet Enterprise Co (TPE:4438) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$118.92, compared to a current price of NT$61.00 — trading 48.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.47. Quang Viet Enterprise Co's overall GF Score™ is 73/100 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 Quang Viet Enterprise Co (TPE:4438), the current Scaled Net Operating Assets is 0.47 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 Quang Viet Enterprise Co (TPE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Viet Enterprise Co stock appears to be undervalued. The current stock price of NT$61.00 is trading 48.7% below its estimated GF Value™ of NT$118.92. GuruFocus considers Quang Viet Enterprise Co to be Significantly Undervalued.

Key valuation signals for TPE:4438:

  • Scaled Net Operating Assets: 0.47
  • GF Value™: NT$118.92 vs. price of NT$61.00 (48.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the TPE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quang Viet Enterprise Co Business Description

Address No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is mainly engaged in the manufacturing, processing, and sale of garments, raw materials such as feather and down, and medical products. Its products include Down Jackets, Fiberfill Jackets, Light Jackets and Parka, Knitwear, and others. The Group operates through three reportable segments: Garment Business, which generates the maximum revenue, Down Feather Business, and Medical Business. The Company operates in North America, which generates the maximum revenue, Mainland China, Europe, Japan, and other regions.
73GF Score

Get the complete analysis for TPE:4438

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

NT$61.00
Price
NT$118.92
GF Value