APPCF (APAC Resources) Scaled Net Operating Assets: 0.43 (As of Dec. 2025)


APPCF APAC Resources Ltd APPCF
39 GF Score
Price $0.19
GF Value $0.20
Valuation Fairly Valued
! 7 Warning Signs
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What is APAC Resources Scaled Net Operating Assets?

APAC Resources APPCF 39 Scaled Net Operating Assets is 0.43 as of Dec. 2025. GuruFocus rates APPCF with a GF Score™ of 39/100 and a GF Value™ of $0.20 (Fairly Valued). 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.

APAC Resources's operating assets for the quarter that ended in Dec. 2025 was $292.91 Mil. APAC Resources's operating liabilities for the quarter that ended in Dec. 2025 was $41.64 Mil. APAC Resources's Total Assets for the quarter that ended in Jun. 2025 was $581.90 Mil. Therefore, APAC Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.43.

APAC Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for APAC Resources'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.

APAC Resources Scaled Net Operating Assets Chart

APAC Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.52 0.52 0.46 0.44

APAC Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.53 0.39 0.38 0.47 0.43

APPCF vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, APAC Resources'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.

APAC Resources Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, APAC Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where APAC Resources's Scaled Net Operating Assets falls into.


APPCF
39GF Score
APAC Resources Ltd APPCF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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APAC Resources 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.

APAC Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(248.679-9.408)/540.323
=0.44

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=581.903 - 333.224
=248.679

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=69.595 - 0.169 - 60.018
=9.408

APAC Resources'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: Jun. 2025 )
=(292.914-41.641)/581.903
=0.43

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=863.414 - 570.5
=292.914

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114.346 - 0.059 - 72.646
=41.641

* 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 0.43 mean?
APAC Resources (APPCF) has a Scaled Net Operating Assets of 0.43 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 APAC Resources and its competitors.
Is APAC Resources' Scaled Net Operating Assets too high?
APAC Resources' current Scaled Net Operating Assets is 0.43. Overall, APAC Resources has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does APAC Resources' Scaled Net Operating Assets compare to MS and GS?
APAC Resources' Scaled Net Operating Assets of 0.43 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 APAC Resources and its competitors. APAC Resources's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APAC Resources stock overvalued right now?
Based on GuruFocus' analysis, APAC Resources (APPCF) is currently considered Fairly Valued. The stock's GF Value™ is $0.20, compared to a current price of $0.19 — trading 5.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. APAC Resources' overall GF Score™ is 39/100 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 APAC Resources (APPCF), the current Scaled Net Operating Assets is 0.43 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 APAC Resources (APPCF) Overvalued in 2026?

Based on GuruFocus' analysis, APAC Resources stock appears to be undervalued. The current stock price of $0.19 is trading 5.5% below its estimated GF Value™ of $0.20. GuruFocus considers APAC Resources to be Fairly Valued.

Key valuation signals for APPCF:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: $0.20 vs. price of $0.19 (5.5% below fair value)
  • GF Score™: 39/100 with 7 warning signs

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

APAC Resources Business Description

Other Exchanges 01104:Hong KongFZV:Germany
Address 138 Gloucester Road, Allied Kajima Building, Wanchai, Room 2304, 23rd Floor, Hong Kong, HKG
APAC Resources Ltd is an investment holding company principally engaged in the commodity trading business and resource investment business. The company operates through three business segments, namely Commodity Business, which includes trading of commodities; Resource investment, which is engaged in the trading of and investment in listed and unlisted securities; and Principal investment and financial services, which engages in the provision of loan financing and investments in loan notes, convertible notes, and other financial assets. The company generates maximum revenue from the Commodity Business segment. It operates in Hong Kong, the PRC, Australia, and the Philippines, with the majority of its revenue coming from the PRC.
39GF Score

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

$0.19
Price
$0.20
GF Value