Shun On Electronic Co (TPE:6283) Scaled Net Operating Assets: 0.48 (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:6283 Shun On Electronic Co Ltd TPE:6283
70 GF Score
Price NT$21.80
GF Value NT$36.65
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Shun On Electronic Co Scaled Net Operating Assets?

Shun On Electronic Co TPE:6283 -6.03% 70 Scaled Net Operating Assets is 0.48 as of Dec. 2025. GuruFocus rates TPE:6283 with a GF Score™ of 70/100 and a GF Value™ of NT$36.65 (Significantly Undervalued). 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.

Shun On Electronic Co's operating assets for the quarter that ended in Dec. 2025 was NT$1,771 Mil. Shun On Electronic Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$551 Mil. Shun On Electronic Co's Total Assets for the quarter that ended in Sep. 2025 was NT$2,563 Mil. Therefore, Shun On Electronic Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.48.


Shun On Electronic Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shun On Electronic 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.

Shun On Electronic Co Scaled Net Operating Assets Chart

Shun On Electronic 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 0.37 0.51 0.42 0.57 0.40

Shun On Electronic 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 0.62 0.44 0.36 0.54 0.48

TPE:6283 vs APH, GLW: Scaled Net Operating Assets Comparison

For the Electronic Components subindustry, Shun On Electronic 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.


Shun On Electronic Co Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Shun On Electronic Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shun On Electronic Co's Scaled Net Operating Assets falls into.


TPE:6283
70GF Score
Shun On Electronic Co Ltd TPE:6283
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shun On Electronic 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.

Shun On Electronic 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 )
=(1771.015-550.749)/3023.897
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2577.033 - 806.018
=1771.015

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=661.185 - 59.548 - 50.888
=550.749

Shun On Electronic 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 )
=(1771.015-550.749)/2562.599
=0.48

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2577.033 - 806.018
=1771.015

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=661.185 - 59.548 - 50.888
=550.749

* 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 0.48 mean?
Shun On Electronic Co (TPE:6283) has a Scaled Net Operating Assets of 0.48 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 Shun On Electronic Co and its competitors.
Is Shun On Electronic Co's Scaled Net Operating Assets too high?
Shun On Electronic Co's current Scaled Net Operating Assets is 0.48. Overall, Shun On Electronic Co has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shun On Electronic Co's Scaled Net Operating Assets compare to APH and GLW?
Shun On Electronic Co's Scaled Net Operating Assets of 0.48 can be compared against companies in the Hardware 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 Hardware company?
A good Scaled Net Operating Assets depends on the Hardware 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 Shun On Electronic Co and its competitors. Shun On Electronic Co's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shun On Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shun On Electronic Co (TPE:6283) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$36.65, compared to a current price of NT$21.80 — trading 40.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.48. Shun On Electronic Co's overall GF Score™ is 70/100 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 Shun On Electronic Co (TPE:6283), the current Scaled Net Operating Assets is 0.48 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 Shun On Electronic Co (TPE:6283) Overvalued in 2026?

Based on GuruFocus' analysis, Shun On Electronic Co stock appears to be undervalued. The current stock price of NT$21.80 is trading 40.5% below its estimated GF Value™ of NT$36.65. GuruFocus considers Shun On Electronic Co to be Significantly Undervalued.

Key valuation signals for TPE:6283:

  • Scaled Net Operating Assets: 0.48
  • GF Value™: NT$36.65 vs. price of NT$21.80 (40.5% below fair value)
  • GF Score™: 70/100 with 1 warning sign

No single metric tells the full story. See the TPE:6283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shun On Electronic Co Business Description

Address Lane 146, Xinhu 2nd Road, 2nd floor, No. 19, Neihu District, Taipei, TWN, 11494
Shun On Electronic Co Ltd is a Taiwan-based company engaged in the research, manufacturing, and sales of intelligent products, including conductive films and automotive electronic products. The company has two operating segments namely, Intelligent manufacturing and Special vehicles. It offers keyboard membranes, overlays and domes, keypads, analog cameras for vehicles, and touch keys for mobile phones among other products. Geographically, the company operates predominantly in Mainland China.
70GF Score

Get the complete analysis for TPE:6283

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

NT$21.80
Price
NT$36.65
GF Value