HD Renewable Energy Co (TPE:6873) Scaled Net Operating Assets: 0.82 (As of Dec. 2025)


TPE:6873 HD Renewable Energy Co Ltd TPE:6873
75 GF Score
Price NT$86.10
GF Value NT$148.49
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is HD Renewable Energy Co Scaled Net Operating Assets?

HD Renewable Energy Co TPE:6873 +6.56% 75 Scaled Net Operating Assets is 0.82 as of Dec. 2025. GuruFocus rates TPE:6873 with a GF Score™ of 75/100 and a GF Value™ of NT$148.49 (Possible Value Trap). The stock has 9 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.

HD Renewable Energy Co's operating assets for the quarter that ended in Dec. 2025 was NT$29,827 Mil. HD Renewable Energy Co's operating liabilities for the quarter that ended in Dec. 2025 was NT$4,861 Mil. HD Renewable Energy Co's Total Assets for the quarter that ended in Sep. 2025 was NT$30,573 Mil. Therefore, HD Renewable Energy Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.82.

HD Renewable Energy Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HD Renewable Energy 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.

HD Renewable Energy Co Scaled Net Operating Assets Chart

HD Renewable Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.69 0.64 0.97 0.69 1.35

HD Renewable Energy Co Quarterly Data
Dec20 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 0.55 0.71 0.81 0.90 0.82

TPE:6873 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, HD Renewable Energy 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.

HD Renewable Energy Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, HD Renewable Energy Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HD Renewable Energy Co's Scaled Net Operating Assets falls into.


TPE:6873
75GF Score
HD Renewable Energy Co Ltd TPE:6873
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HD Renewable Energy 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.

HD Renewable Energy 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 )
=(29827.338-4860.991)/18532.968
=1.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32195.614 - 2368.276
=29827.338

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20340.208 - 8794.275 - 6684.942
=4860.991

HD Renewable Energy 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 )
=(29827.338-4860.991)/30573.243
=0.82

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32195.614 - 2368.276
=29827.338

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20340.208 - 8794.275 - 6684.942
=4860.991

* 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 0.82 mean?
HD Renewable Energy Co (TPE:6873) has a Scaled Net Operating Assets of 0.82 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 HD Renewable Energy Co and its competitors.
Is HD Renewable Energy Co's Scaled Net Operating Assets too high?
HD Renewable Energy Co's current Scaled Net Operating Assets is 0.82. Overall, HD Renewable Energy Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HD Renewable Energy Co's Scaled Net Operating Assets compare to PWR and FIX?
HD Renewable Energy Co's Scaled Net Operating Assets of 0.82 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 HD Renewable Energy Co and its competitors. HD Renewable Energy Co's current Scaled Net Operating Assets is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HD Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, HD Renewable Energy Co (TPE:6873) is currently considered Possible Value Trap. The stock's GF Value™ is NT$148.49, compared to a current price of NT$86.10 — trading 42% below its estimated fair value. The current Scaled Net Operating Assets is 0.82. HD Renewable Energy Co's overall GF Score™ is 75/100 with 9 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 HD Renewable Energy Co (TPE:6873), the current Scaled Net Operating Assets is 0.82 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 HD Renewable Energy Co (TPE:6873) Overvalued in 2026?

Based on GuruFocus' analysis, HD Renewable Energy Co stock appears to be undervalued. The current stock price of NT$86.10 is trading 42% below its estimated GF Value™ of NT$148.49. GuruFocus considers HD Renewable Energy Co to be Possible Value Trap.

Key valuation signals for TPE:6873:

  • Scaled Net Operating Assets: 0.82
  • GF Value™: NT$148.49 vs. price of NT$86.10 (42% below fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the TPE:6873 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HD Renewable Energy Co Business Description

Address No. 35, Dexing West Road, 5th Floor, Shilin District, Taipei, TWN, 111
HD Renewable Energy Co Ltd is engaged in the development, investment, and operation of large-scale renewable energy power generation business. Based on photovoltaics, it is gradually expanding into core businesses such as power generation, energy storage, electricity sales, and charging, and providing comprehensive green energy solutions with AI-powered smart green power systems, making green power supply more stable and intelligent.
75GF Score

Get the complete analysis for TPE:6873

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

NT$86.10
Price
NT$148.49
GF Value