Global Lighting Technologies (TPE:4935) Scaled Net Operating Assets: 0.41 (As of Dec. 2025)


TPE:4935 Global Lighting Technologies Inc TPE:4935
76 GF Score
Price NT$36.90
GF Value NT$35.31
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Global Lighting Technologies Scaled Net Operating Assets?

Global Lighting Technologies TPE:4935 -2.12% 76 Scaled Net Operating Assets is 0.41 as of Dec. 2025. GuruFocus rates TPE:4935 with a GF Score™ of 76/100 and a GF Value™ of NT$35.31 (Fairly Valued). The stock has 7 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.

Global Lighting Technologies's operating assets for the quarter that ended in Dec. 2025 was NT$5,270 Mil. Global Lighting Technologies's operating liabilities for the quarter that ended in Dec. 2025 was NT$1,150 Mil. Global Lighting Technologies's Total Assets for the quarter that ended in Sep. 2025 was NT$9,979 Mil. Therefore, Global Lighting Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.41.


Global Lighting Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Global Lighting Technologies'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.

Global Lighting Technologies Scaled Net Operating Assets Chart

Global Lighting Technologies 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 0.43 0.40 0.37 0.46 0.39

Global Lighting Technologies 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 0.42 0.42 0.37 0.41 0.41

TPE:4935 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Global Lighting Technologies'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.


Global Lighting Technologies Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Global Lighting Technologies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Global Lighting Technologies's Scaled Net Operating Assets falls into.


TPE:4935
76GF Score
Global Lighting Technologies Inc TPE:4935
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Lighting Technologies 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.

Global Lighting Technologies'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 )
=(5269.92-1150.146)/10682.12
=0.39

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10004.672 - 4734.752
=5269.92

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2056.651 - 897.393 - 9.112
=1150.146

Global Lighting Technologies'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 )
=(5269.92-1150.146)/9978.675
=0.41

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10004.672 - 4734.752
=5269.92

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2056.651 - 897.393 - 9.112
=1150.146

* 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 0.41 mean?
Global Lighting Technologies (TPE:4935) has a Scaled Net Operating Assets of 0.41 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 Global Lighting Technologies and its competitors.
Is Global Lighting Technologies' Scaled Net Operating Assets too high?
Global Lighting Technologies' current Scaled Net Operating Assets is 0.41. Overall, Global Lighting Technologies has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Lighting Technologies' Scaled Net Operating Assets compare to APH and GLW?
Global Lighting Technologies' Scaled Net Operating Assets of 0.41 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 Global Lighting Technologies and its competitors. Global Lighting Technologies's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Lighting Technologies stock overvalued right now?
Based on GuruFocus' analysis, Global Lighting Technologies (TPE:4935) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.31, compared to a current price of NT$36.90 — trading 4.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.41. Global Lighting Technologies' overall GF Score™ is 76/100 with 7 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 Global Lighting Technologies (TPE:4935), the current Scaled Net Operating Assets is 0.41 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 Global Lighting Technologies (TPE:4935) Overvalued in 2026?

Based on GuruFocus' analysis, Global Lighting Technologies stock appears to be overvalued. The current stock price of NT$36.90 is trading 4.5% above its estimated GF Value™ of NT$35.31. GuruFocus considers Global Lighting Technologies to be Fairly Valued.

Key valuation signals for TPE:4935:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: NT$35.31 vs. price of NT$36.90 (4.5% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the TPE:4935 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Lighting Technologies Business Description

Address No. 1149, Minquan Road, Section 3, Zhongli District, Taoyuan, TWN
Global Lighting Technologies Inc is engaged in the design, manufacturing, and sales of applications of light guide plates, the development of optical molds, and the manufacturing and sales of plastic components. The company has two reportable segments: the Department of light guide plates applications, which derives key revenue, provides the service of manufacturing and sales of related application products such as light guide plates; and the Department of plastic components, which provides the service of design, manufacturing, and sales of plastic components. Geographically, the company operates in Asia, America, and other regions, out of which it earns maximum revenue from Asia.
76GF Score

Get the complete analysis for TPE:4935

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

NT$36.90
Price
NT$35.31
GF Value