Qualipoly Chemical (TPE:4722) Scaled Net Operating Assets: 0.93 (As of Dec. 2025)


TPE:4722 Qualipoly Chemical Corp TPE:4722
64 GF Score
Price NT$268.00
GF Value NT$55.78
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Qualipoly Chemical Scaled Net Operating Assets?

Qualipoly Chemical TPE:4722 -3.25% 64 Scaled Net Operating Assets is 0.93 as of Dec. 2025. GuruFocus rates TPE:4722 with a GF Score™ of 64/100 and a GF Value™ of NT$55.78 (Significantly Overvalued). The stock has 12 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.

Qualipoly Chemical's operating assets for the quarter that ended in Dec. 2025 was NT$6,513 Mil. Qualipoly Chemical's operating liabilities for the quarter that ended in Dec. 2025 was NT$701 Mil. Qualipoly Chemical's Total Assets for the quarter that ended in Sep. 2025 was NT$6,230 Mil. Therefore, Qualipoly Chemical's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.93.


Qualipoly Chemical Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Qualipoly Chemical'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.

Qualipoly Chemical Scaled Net Operating Assets Chart

Qualipoly Chemical 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 1.07 0.74 0.86 0.99 1.09

Qualipoly Chemical 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 0.87 0.87 0.89 0.81 0.93

TPE:4722 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Qualipoly Chemical'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.


Qualipoly Chemical Scaled Net Operating Assets vs Chemicals Industry

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

* The bar in red indicates where Qualipoly Chemical's Scaled Net Operating Assets falls into.


TPE:4722
64GF Score
Qualipoly Chemical Corp TPE:4722
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qualipoly Chemical 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.

Qualipoly Chemical'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 )
=(6512.883-700.815)/5337.163
=1.09

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6799.484 - 286.601
=6512.883

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3599.087 - 2048.15 - 850.122
=700.815

Qualipoly Chemical'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 )
=(6512.883-700.815)/6229.745
=0.93

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6799.484 - 286.601
=6512.883

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3599.087 - 2048.15 - 850.122
=700.815

* 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 0.93 mean?
Qualipoly Chemical (TPE:4722) has a Scaled Net Operating Assets of 0.93 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 Qualipoly Chemical and its competitors.
Is Qualipoly Chemical's Scaled Net Operating Assets too high?
Qualipoly Chemical's current Scaled Net Operating Assets is 0.93. Overall, Qualipoly Chemical has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualipoly Chemical's Scaled Net Operating Assets compare to LIN and SHW?
Qualipoly Chemical's Scaled Net Operating Assets of 0.93 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 Qualipoly Chemical and its competitors. Qualipoly Chemical's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualipoly Chemical stock overvalued right now?
Based on GuruFocus' analysis, Qualipoly Chemical (TPE:4722) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.78, compared to a current price of NT$268.00 — trading 380.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.93. Qualipoly Chemical's overall GF Score™ is 64/100 with 12 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 Qualipoly Chemical (TPE:4722), the current Scaled Net Operating Assets is 0.93 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 Qualipoly Chemical (TPE:4722) Overvalued in 2026?

Based on GuruFocus' analysis, Qualipoly Chemical stock appears to be overvalued. The current stock price of NT$268.00 is trading 380.5% above its estimated GF Value™ of NT$55.78. GuruFocus considers Qualipoly Chemical to be Significantly Overvalued.

Key valuation signals for TPE:4722:

  • Scaled Net Operating Assets: 0.93
  • GF Value™: NT$55.78 vs. price of NT$268.00 (380.5% above fair value)
  • GF Score™: 64/100 with 12 warning signs

No single metric tells the full story. See the TPE:4722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qualipoly Chemical Business Description

Address No. 2, Yong Gong 5th Road, Yeong An District, Kaohshung City, TWN, 82841
Qualipoly Chemical Corp is a manufacturer of composite resin products. The company manufactures and sells UV curable materials, unsaturated polyester resins (UP resins), and synthetic resins with various usages, etc. The company products include UV curable material, which is the fine chemical, which are broadly adopted in high-tech industries or new applications in traditional industries, offering a comprehensive product line for UV curing products, including monomers, oligomers, additives, varnishes; The UP resins are fundamental industrial products to manufacture FRP, Gelcoat, Casting products such as yachts, tanks, artificial marble, etc; Coating Resins are mainly used to protect surfaces while adding an aesthetic impression and Others are Foundry Resins, Insulating Varnish, and others.
64GF Score

Get the complete analysis for TPE:4722

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

NT$268.00
Price
NT$55.78
GF Value