China Ecotourism Group (FRA:WORA) Scaled Net Operating Assets: -1.46 (As of Dec. 2025)

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FRA:WORA China Ecotourism Group Ltd FRA:WORA
38 GF Score
Price €0.12
GF Value €0.18
! 5 Warning Signs
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What is China Ecotourism Group Scaled Net Operating Assets?

China Ecotourism Group FRA:WORA 38 Scaled Net Operating Assets is -1.46 as of Dec. 2025. GuruFocus rates FRA:WORA with a GF Score™ of 38/100 and a GF Value™ of €0.18. The stock has 5 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.

China Ecotourism Group's operating assets for the quarter that ended in Dec. 2025 was €8.06 Mil. China Ecotourism Group's operating liabilities for the quarter that ended in Dec. 2025 was €33.54 Mil. China Ecotourism Group's Total Assets for the quarter that ended in Jun. 2025 was €17.41 Mil. Therefore, China Ecotourism Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -1.46.


China Ecotourism Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Ecotourism Group'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.

China Ecotourism Group Scaled Net Operating Assets Chart

China Ecotourism Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.39 0.48 0.34 -0.82

China Ecotourism Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.08 -1.29 -4.70 -1.60 -1.46

FRA:WORA vs FLUT, DKNG, SGHC: Scaled Net Operating Assets Comparison

For the Gambling subindustry, China Ecotourism Group'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.


China Ecotourism Group Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Ecotourism Group's Scaled Net Operating Assets falls into.


FRA:WORA
38GF Score
China Ecotourism Group Ltd FRA:WORA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Ecotourism Group 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.

China Ecotourism Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Dec. 2022 )
=(10.341-62.043)/62.933
=-0.82

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.632 - 3.291
=10.341

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=63.627 - 0.461 - 1.123
=62.043

China Ecotourism Group'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 )
=(8.064-33.538)/17.405
=-1.46

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.446 - 6.382
=8.064

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71.317 - 0.245 - 37.534
=33.538

* 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 -1.46 mean?
China Ecotourism Group (FRA:WORA) has a Scaled Net Operating Assets of -1.46 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 China Ecotourism Group and its competitors.
Is China Ecotourism Group's Scaled Net Operating Assets too high?
China Ecotourism Group's current Scaled Net Operating Assets is -1.46. Overall, China Ecotourism Group has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does China Ecotourism Group's Scaled Net Operating Assets compare to FLUT and DKNG?
China Ecotourism Group's Scaled Net Operating Assets of -1.46 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 China Ecotourism Group and its competitors. China Ecotourism Group's current Scaled Net Operating Assets is -1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Ecotourism Group stock overvalued right now?
China Ecotourism Group (FRA:WORA) has a current Scaled Net Operating Assets of -1.46. The stock's GF Value™ is €0.18, compared to a current price of €0.12 — trading 33.3% below its estimated fair value. The current Scaled Net Operating Assets is -1.46. China Ecotourism Group's overall GF Score™ is 38/100 with 5 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 China Ecotourism Group (FRA:WORA), the current Scaled Net Operating Assets is -1.46 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 China Ecotourism Group (FRA:WORA) Overvalued in 2026?

Based on GuruFocus' analysis, China Ecotourism Group stock appears to be undervalued. The current stock price of €0.12 is trading 33.3% below its estimated GF Value™ of €0.18.

Key valuation signals for FRA:WORA:

  • Scaled Net Operating Assets: -1.46
  • GF Value™: €0.18 vs. price of €0.12 (33.3% below fair value)
  • GF Score™: 38/100 with 5 warning signs

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


China Ecotourism Group Business Description

Other Exchanges 01371:Hong Kong
Address 39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG
China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and operation services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; Ecotourism; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.
38GF Score

Get the complete analysis for FRA:WORA

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

€0.12
Price
€0.18
GF Value