GMELF (GOME Retail Holdings) Scaled Net Operating Assets: -0.18 (As of Dec. 2025)


What is GOME Retail Holdings Scaled Net Operating Assets?

GOME Retail Holdings GMELF Scaled Net Operating Assets is -0.18 as of Dec. 2025. 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.

GOME Retail Holdings's operating assets for the quarter that ended in Dec. 2025 was $2,188.87 Mil. GOME Retail Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $2,698.44 Mil. GOME Retail Holdings's Total Assets for the quarter that ended in Jun. 2025 was $2,809.04 Mil. Therefore, GOME Retail Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.18.

GOME Retail Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for GOME Retail Holdings'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.

GOME Retail Holdings Scaled Net Operating Assets Chart

GOME Retail Holdings 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 0.71 0.32 0.35 0.08 -0.18

GOME Retail Holdings 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 0.44 0.32 0.08 0.05 -0.18

GMELF vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, GOME Retail Holdings'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.

GOME Retail Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GOME Retail Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where GOME Retail Holdings's Scaled Net Operating Assets falls into.


GOME Retail Holdings 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.

GOME Retail Holdings'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 )
=(2188.866-2698.44)/2902.105
=-0.18

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2231.597 - 42.731
=2188.866

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6046.382 - 1.369 - 3346.573
=2698.44

GOME Retail Holdings'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 )
=(2188.866-2698.44)/2809.043
=-0.18

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2231.597 - 42.731
=2188.866

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6046.382 - 1.369 - 3346.573
=2698.44

* 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 -0.18 mean?
GOME Retail Holdings (GMELF) has a Scaled Net Operating Assets of -0.18 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 GOME Retail Holdings and its competitors.
Is GOME Retail Holdings' Scaled Net Operating Assets too high?
GOME Retail Holdings' current Scaled Net Operating Assets is -0.18.
How does GOME Retail Holdings' Scaled Net Operating Assets compare to CASY and WSM?
GOME Retail Holdings' Scaled Net Operating Assets of -0.18 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 GOME Retail Holdings and its competitors. GOME Retail Holdings's current Scaled Net Operating Assets is -0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GOME Retail Holdings stock overvalued right now?
GOME Retail Holdings (GMELF) has a current Scaled Net Operating Assets of -0.18. The current Scaled Net Operating Assets is -0.18. 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 GOME Retail Holdings (GMELF), the current Scaled Net Operating Assets is -0.18 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.

GOME Retail Holdings Business Description

Other Exchanges 00493:Hong Kong
Address 8 Finance Street, Suite 2915, 29th Floor, Two International Finance Centre, Central, Hong Kong, HKG
GOME Retail Holdings Ltd is engaged in the operation and management of retail stores and an online sales network for electrical appliances, consumer electronic products, liquor products, and general merchandise. Additionally, it provides franchise and management services and commission-based services to franchised stores. Geographically, nearly all of the Group's revenue is derived from its customers in Mainland China.