The Shanghai Commercial andvings Bank (TPE:5876) Scaled Net Operating Assets: -0.04 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:5876 The Shanghai Commercial and Savings Bank TPE:5876
74 GF Score
Price NT$44.60
GF Value NT$46.60
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is The Shanghai Commercial andvings Bank Scaled Net Operating Assets?

The Shanghai Commercial andvings Bank TPE:5876 -0.22% 74 Scaled Net Operating Assets is -0.04 as of Dec. 2025. GuruFocus rates TPE:5876 with a GF Score™ of 74/100 and a GF Value™ of NT$46.60 (Fairly Valued). The stock has 2 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.

The Shanghai Commercial andvings Bank's operating assets for the quarter that ended in Dec. 2025 was NT$1,993,558 Mil. The Shanghai Commercial andvings Bank's operating liabilities for the quarter that ended in Dec. 2025 was NT$2,098,530 Mil. The Shanghai Commercial andvings Bank's Total Assets for the quarter that ended in Sep. 2025 was NT$2,409,826 Mil. Therefore, The Shanghai Commercial andvings Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.04.

TPE:5876
74GF Score
The Shanghai Commercial and Savings Bank TPE:5876
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Shanghai Commercial andvings Bank 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.

The Shanghai Commercial andvings Bank'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 )
=(1993557.976-2098529.835)/2496062.911
=-0.04

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2440645.306 - 447087.33
=1993557.976

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2165314.332 - 66784.497 - 0
=2098529.835

The Shanghai Commercial andvings Bank'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 )
=(1993557.976-2098529.835)/2409825.793
=-0.04

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2440645.306 - 447087.33
=1993557.976

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2165314.332 - 66784.497 - 0
=2098529.835

* 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 -0.04 mean?
The Shanghai Commercial andvings Bank (TPE:5876) has a Scaled Net Operating Assets of -0.04 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 The Shanghai Commercial andvings Bank and its competitors.
Is The Shanghai Commercial andvings Bank's Scaled Net Operating Assets too high?
The Shanghai Commercial andvings Bank's current Scaled Net Operating Assets is -0.04. Overall, The Shanghai Commercial andvings Bank has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Shanghai Commercial andvings Bank's Scaled Net Operating Assets compare to competitors?
The Shanghai Commercial andvings Bank's Scaled Net Operating Assets of -0.04 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 The Shanghai Commercial andvings Bank and its competitors. The Shanghai Commercial andvings Bank's current Scaled Net Operating Assets is -0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Shanghai Commercial andvings Bank stock overvalued right now?
Based on GuruFocus' analysis, The Shanghai Commercial andvings Bank (TPE:5876) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.60, compared to a current price of NT$44.60 — trading 4.3% below its estimated fair value. The current Scaled Net Operating Assets is -0.04. The Shanghai Commercial andvings Bank's overall GF Score™ is 74/100 with 2 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 The Shanghai Commercial andvings Bank (TPE:5876), the current Scaled Net Operating Assets is -0.04 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 The Shanghai Commercial andvings Bank (TPE:5876) Overvalued in 2026?

Based on GuruFocus' analysis, The Shanghai Commercial andvings Bank stock appears to be undervalued. The current stock price of NT$44.60 is trading 4.3% below its estimated GF Value™ of NT$46.60. GuruFocus considers The Shanghai Commercial andvings Bank to be Fairly Valued.

Key valuation signals for TPE:5876:

  • Scaled Net Operating Assets: -0.04
  • GF Value™: NT$46.60 vs. price of NT$44.60 (4.3% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TPE:5876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Shanghai Commercial andvings Bank Business Description

Address Minquan East Road, Section 1, No. 2, Zhongshan District, Taipei, TWN
The Shanghai Commercial and Savings Bank provides commercial banking services. The group's objective is to serve society, to support industry, and to promote international trade. Its products and services offerings include current accounts, savings accounts, term deposits, recurring deposits, online banking, loans and overdraft facilities, foreign exchange, and securities trading services, among others. Its geographical segment includes Taiwan, Hong Kong, and others. Maximum revenue is generated from its business in Taiwan.
74GF Score

Get the complete analysis for TPE:5876

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

NT$44.60
Price
NT$46.60
GF Value