Kung Sing Engineering (TPE:5521) Scaled Net Operating Assets: -0.16 (As of Dec. 2025)


TPE:5521 Kung Sing Engineering Corp TPE:5521
72 GF Score
Price NT$10.60
GF Value NT$16.53
Valuation Possible Value Trap
! 7 Warning Signs
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What is Kung Sing Engineering Scaled Net Operating Assets?

Kung Sing Engineering TPE:5521 72 Scaled Net Operating Assets is -0.16 as of Dec. 2025. GuruFocus rates TPE:5521 with a GF Score™ of 72/100 and a GF Value™ of NT$16.53 (Possible Value Trap). 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.

Kung Sing Engineering's operating assets for the quarter that ended in Dec. 2025 was NT$4,699 Mil. Kung Sing Engineering's operating liabilities for the quarter that ended in Dec. 2025 was NT$6,775 Mil. Kung Sing Engineering's Total Assets for the quarter that ended in Sep. 2025 was NT$13,205 Mil. Therefore, Kung Sing Engineering's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.16.

Kung Sing Engineering Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kung Sing Engineering'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.

Kung Sing Engineering Scaled Net Operating Assets Chart

Kung Sing Engineering 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 0.25 0.31 0.36 0.02 -0.17

Kung Sing Engineering 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 0.01 0.07 0.01 -0.10 -0.16

TPE:5521 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Kung Sing Engineering'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.

Kung Sing Engineering Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Kung Sing Engineering's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Kung Sing Engineering's Scaled Net Operating Assets falls into.


TPE:5521
72GF Score
Kung Sing Engineering Corp TPE:5521
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kung Sing Engineering 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.

Kung Sing Engineering'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 )
=(4698.594-6774.55)/12077.976
=-0.17

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13816.188 - 9117.594
=4698.594

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8188.861 - 149.473 - 1264.838
=6774.55

Kung Sing Engineering'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 )
=(4698.594-6774.55)/13205.466
=-0.16

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13816.188 - 9117.594
=4698.594

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8188.861 - 149.473 - 1264.838
=6774.55

* 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 -0.16 mean?
Kung Sing Engineering (TPE:5521) has a Scaled Net Operating Assets of -0.16 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 Kung Sing Engineering and its competitors.
Is Kung Sing Engineering's Scaled Net Operating Assets too high?
Kung Sing Engineering's current Scaled Net Operating Assets is -0.16. Overall, Kung Sing Engineering has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kung Sing Engineering's Scaled Net Operating Assets compare to PWR and FIX?
Kung Sing Engineering's Scaled Net Operating Assets of -0.16 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Kung Sing Engineering and its competitors. Kung Sing Engineering's current Scaled Net Operating Assets is -0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kung Sing Engineering stock overvalued right now?
Based on GuruFocus' analysis, Kung Sing Engineering (TPE:5521) is currently considered Possible Value Trap. The stock's GF Value™ is NT$16.53, compared to a current price of NT$10.60 — trading 35.9% below its estimated fair value. The current Scaled Net Operating Assets is -0.16. Kung Sing Engineering's overall GF Score™ is 72/100 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 Kung Sing Engineering (TPE:5521), the current Scaled Net Operating Assets is -0.16 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 Kung Sing Engineering (TPE:5521) Overvalued in 2026?

Based on GuruFocus' analysis, Kung Sing Engineering stock appears to be undervalued. The current stock price of NT$10.60 is trading 35.9% below its estimated GF Value™ of NT$16.53. GuruFocus considers Kung Sing Engineering to be Possible Value Trap.

Key valuation signals for TPE:5521:

  • Scaled Net Operating Assets: -0.16
  • GF Value™: NT$16.53 vs. price of NT$10.60 (35.9% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the TPE:5521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kung Sing Engineering Business Description

Address No. 102, Civic Boulevard, 8th Floor, Section 4, Daan District, Taipei, TWN, 106
Kung Sing Engineering Corp is engaged in civil engineering and construction projects. It constructs highways, tunnels, bridges, mass transportation systems, schools, as well as residential and commercial buildings. The main business activities of the Company are the construction and repair of roads and bridges.
72GF Score

Get the complete analysis for TPE:5521

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

NT$10.60
Price
NT$16.53
GF Value