Daxin Materials Co (TPE:5234) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)

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TPE:5234 Daxin Materials Co Ltd TPE:5234
83 GF Score
Price NT$376.00
GF Value NT$194.53
Valuation Significantly Overvalued
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What is Daxin Materials Co Scaled Net Operating Assets?

Daxin Materials Co TPE:5234 +3.16% 83 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates TPE:5234 with a GF Score™ of 83/100 and a GF Value™ of NT$194.53 (Significantly Overvalued).

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

Daxin Materials Co's operating assets for the quarter that ended in Dec. 2025 was NT$3,311 Mil. Daxin Materials Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$1,238 Mil. Daxin Materials Co's Total Assets for the quarter that ended in Sep. 2025 was NT$4,837 Mil. Therefore, Daxin Materials Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.


Daxin Materials Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Daxin Materials 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.

Daxin Materials Co Scaled Net Operating Assets Chart

Daxin Materials 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 0.53 0.48 0.49 0.46 0.42

Daxin Materials 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 0.46 0.33 0.45 0.48 0.43

TPE:5234 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, Daxin Materials 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.


Daxin Materials Co Scaled Net Operating Assets vs Chemicals Industry

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

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


TPE:5234
83GF Score
Daxin Materials Co Ltd TPE:5234
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Daxin Materials 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.

Daxin Materials 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 )
=(3310.907-1237.622)/4949.497
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5113.491 - 1802.584
=3310.907

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1585.975 - 224.152 - 124.201
=1237.622

Daxin Materials 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 )
=(3310.907-1237.622)/4837.096
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5113.491 - 1802.584
=3310.907

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1585.975 - 224.152 - 124.201
=1237.622

* 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 0.43 mean?
Daxin Materials Co (TPE:5234) has a Scaled Net Operating Assets of 0.43 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 Daxin Materials Co and its competitors.
Is Daxin Materials Co's Scaled Net Operating Assets too high?
Daxin Materials Co's current Scaled Net Operating Assets is 0.43. Overall, Daxin Materials Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Scaled Net Operating Assets compare to LIN and SHW?
Daxin Materials Co's Scaled Net Operating Assets of 0.43 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 Daxin Materials Co and its competitors. Daxin Materials Co's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$194.53, compared to a current price of NT$376.00 — trading 93.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.43. Daxin Materials Co's overall GF Score™ is 83/100. 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 Daxin Materials Co (TPE:5234), the current Scaled Net Operating Assets is 0.43 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?

Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued. The current stock price of NT$376.00 is trading 93.3% above its estimated GF Value™ of NT$194.53. GuruFocus considers Daxin Materials Co to be Significantly Overvalued.

Key valuation signals for TPE:5234:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: NT$194.53 vs. price of NT$376.00 (93.3% above fair value)
  • GF Score™: 83/100

No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daxin Materials Co Business Description

Address Number 15, Keyuan 1st Road, Central Taiwan Science Park, Taichung City, TWN, 407733
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
83GF Score

Get the complete analysis for TPE:5234

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

NT$376.00
Price
NT$194.53
GF Value