Tong Hsing Electronic Industries (TPE:6271) Scaled Net Operating Assets: 0.69 (As of Dec. 2025)


TPE:6271 Tong Hsing Electronic Industries Ltd TPE:6271
73 GF Score
Price NT$279.00
GF Value NT$132.84
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Tong Hsing Electronic Industries Scaled Net Operating Assets?

Tong Hsing Electronic Industries TPE:6271 +5.68% 73 Scaled Net Operating Assets is 0.69 as of Dec. 2025. GuruFocus rates TPE:6271 with a GF Score™ of 73/100 and a GF Value™ of NT$132.84 (Significantly Overvalued). The stock has 8 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.

Tong Hsing Electronic Industries's operating assets for the quarter that ended in Dec. 2025 was NT$27,113 Mil. Tong Hsing Electronic Industries's operating liabilities for the quarter that ended in Dec. 2025 was NT$3,484 Mil. Tong Hsing Electronic Industries's Total Assets for the quarter that ended in Sep. 2025 was NT$34,245 Mil. Therefore, Tong Hsing Electronic Industries's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.69.


Tong Hsing Electronic Industries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tong Hsing Electronic Industries'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.

Tong Hsing Electronic Industries Scaled Net Operating Assets Chart

Tong Hsing Electronic Industries 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 0.73 0.80 0.72 0.71 0.68

Tong Hsing Electronic Industries 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 0.70 0.68 0.61 0.68 0.69

TPE:6271 vs AMAT, LRCX, KLAC: Scaled Net Operating Assets Comparison

For the Semiconductor Equipment & Materials subindustry, Tong Hsing Electronic Industries'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.


Tong Hsing Electronic Industries Scaled Net Operating Assets vs Semiconductors Industry

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

* The bar in red indicates where Tong Hsing Electronic Industries's Scaled Net Operating Assets falls into.


TPE:6271
73GF Score
Tong Hsing Electronic Industries Ltd TPE:6271
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tong Hsing Electronic Industries 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.

Tong Hsing Electronic Industries'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 )
=(27113.219-3483.649)/34615.579
=0.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=34355.475 - 7242.256
=27113.219

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7620.652 - 3183.796 - 953.207
=3483.649

Tong Hsing Electronic Industries'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 )
=(27113.219-3483.649)/34244.938
=0.69

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=34355.475 - 7242.256
=27113.219

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7620.652 - 3183.796 - 953.207
=3483.649

* 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 0.69 mean?
Tong Hsing Electronic Industries (TPE:6271) has a Scaled Net Operating Assets of 0.69 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 Tong Hsing Electronic Industries and its competitors.
Is Tong Hsing Electronic Industries' Scaled Net Operating Assets too high?
Tong Hsing Electronic Industries' current Scaled Net Operating Assets is 0.69. Overall, Tong Hsing Electronic Industries has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tong Hsing Electronic Industries' Scaled Net Operating Assets compare to AMAT and LRCX?
Tong Hsing Electronic Industries' Scaled Net Operating Assets of 0.69 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 Tong Hsing Electronic Industries and its competitors. Tong Hsing Electronic Industries's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Hsing Electronic Industries stock overvalued right now?
Based on GuruFocus' analysis, Tong Hsing Electronic Industries (TPE:6271) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$132.84, compared to a current price of NT$279.00 — trading 110% above its estimated fair value. The current Scaled Net Operating Assets is 0.69. Tong Hsing Electronic Industries' overall GF Score™ is 73/100 with 8 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 Tong Hsing Electronic Industries (TPE:6271), the current Scaled Net Operating Assets is 0.69 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 Tong Hsing Electronic Industries (TPE:6271) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Hsing Electronic Industries stock appears to be overvalued. The current stock price of NT$279.00 is trading 110% above its estimated GF Value™ of NT$132.84. GuruFocus considers Tong Hsing Electronic Industries to be Significantly Overvalued.

Key valuation signals for TPE:6271:

  • Scaled Net Operating Assets: 0.69
  • GF Value™: NT$132.84 vs. price of NT$279.00 (110% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the TPE:6271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tong Hsing Electronic Industries Business Description

Address No. 88, Lane 1125, Heping Road, Bade District, Taoyuan, TWN
Tong Hsing Electronic Industries Ltd is a Taiwan-based company principally engaged in the manufacture and sale of RF modules, ceramic metalized substrate, hybrid modules & specialty packaging, and image products. The company generates the majority of its revenue from overseas markets, including Japan, Singapore, Malaysia, the United States, Switzerland, China, and Others. Its core product offerings include Image products, Hybrid modules and specialty packaging, Ceramic metalized substrate, RF module, and others.
73GF Score

Get the complete analysis for TPE:6271

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

NT$279.00
Price
NT$132.84
GF Value