RichWave Technology (TPE:4968) Scaled Net Operating Assets: 0.45 (As of Dec. 2025)


TPE:4968 RichWave Technology Corp TPE:4968
75 GF Score
Price NT$113.00
GF Value NT$195.38
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is RichWave Technology Scaled Net Operating Assets?

RichWave Technology TPE:4968 -4.24% 75 Scaled Net Operating Assets is 0.45 as of Dec. 2025. GuruFocus rates TPE:4968 with a GF Score™ of 75/100 and a GF Value™ of NT$195.38 (Possible Value Trap). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RichWave Technology's operating assets for the quarter that ended in Dec. 2025 was NT$2,414 Mil. RichWave Technology's operating liabilities for the quarter that ended in Dec. 2025 was NT$847 Mil. RichWave Technology's Total Assets for the quarter that ended in Sep. 2025 was NT$3,489 Mil. Therefore, RichWave Technology's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.45.

RichWave Technology Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for RichWave Technology'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.

RichWave Technology Scaled Net Operating Assets Chart

RichWave Technology 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 0.55 0.51 0.46 0.54 0.47

RichWave Technology 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 0.53 0.41 0.45 0.45

TPE:4968 vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, RichWave Technology'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.

RichWave Technology Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, RichWave Technology's Scaled Net Operating Assets distribution charts can be found below:

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


TPE:4968
75GF Score
RichWave Technology Corp TPE:4968
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RichWave Technology 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.

RichWave Technology'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 )
=(2413.603-847.087)/3367.925
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3674.065 - 1260.462
=2413.603

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=923.593 - 45.929 - 30.577
=847.087

RichWave Technology'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 )
=(2413.603-847.087)/3488.52
=0.45

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3674.065 - 1260.462
=2413.603

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=923.593 - 45.929 - 30.577
=847.087

* 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 0.45 mean?
RichWave Technology (TPE:4968) has a Scaled Net Operating Assets of 0.45 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 RichWave Technology and its competitors.
Is RichWave Technology's Scaled Net Operating Assets too high?
RichWave Technology's current Scaled Net Operating Assets is 0.45. Overall, RichWave Technology has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does RichWave Technology's Scaled Net Operating Assets compare to NVDA and AVGO?
RichWave Technology's Scaled Net Operating Assets of 0.45 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 RichWave Technology and its competitors. RichWave Technology's current Scaled Net Operating Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RichWave Technology stock overvalued right now?
Based on GuruFocus' analysis, RichWave Technology (TPE:4968) is currently considered Possible Value Trap. The stock's GF Value™ is NT$195.38, compared to a current price of NT$113.00 — trading 42.2% below its estimated fair value. The current Scaled Net Operating Assets is 0.45. RichWave Technology's overall GF Score™ is 75/100 with 1 warning sign 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 RichWave Technology (TPE:4968), the current Scaled Net Operating Assets is 0.45 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 RichWave Technology (TPE:4968) Overvalued in 2026?

Based on GuruFocus' analysis, RichWave Technology stock appears to be undervalued. The current stock price of NT$113.00 is trading 42.2% below its estimated GF Value™ of NT$195.38. GuruFocus considers RichWave Technology to be Possible Value Trap.

Key valuation signals for TPE:4968:

  • Scaled Net Operating Assets: 0.45
  • GF Value™: NT$195.38 vs. price of NT$113.00 (42.2% below fair value)
  • GF Score™: 75/100 with 1 warning sign

No single metric tells the full story. See the TPE:4968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

RichWave Technology Business Description

Address Tiding Boulevard, 6th Floor, No. 5, Alley 20, Lane 407, Section 2, Taipei, TWN, 114
RichWave Technology Corp is a fabless IC design company. The company is engaged in the research and development, design, integration, and manufacturing and sales of integrated circuits for wireless communication products. Its product includes a front-end module, power amplifier, switch, and GPS LNA. Its products are used in networking, mobile phones, broadcasting, surveillance, and automotive rearview applications. The company operates majorly in Taiwan, China, Korea, and Others, with the majority of revenue from Taiwan and China.
75GF Score

Get the complete analysis for TPE:4968

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

NT$113.00
Price
NT$195.38
GF Value