HENGY (Hengdeli Holdings) Scaled Net Operating Assets: 0.55 (As of Dec. 2025)


HENGY Hengdeli Holdings Ltd HENGY
38 GF Score
Price $0.79
GF Value $0.18
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hengdeli Holdings Scaled Net Operating Assets?

Hengdeli Holdings HENGY 38 Scaled Net Operating Assets is 0.55 as of Dec. 2025. GuruFocus rates HENGY with a GF Score™ of 38/100 and a GF Value™ of $0.18 (Significantly Overvalued). The stock has 2 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.

Hengdeli Holdings's operating assets for the quarter that ended in Dec. 2025 was $286.42 Mil. Hengdeli Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $25.10 Mil. Hengdeli Holdings's Total Assets for the quarter that ended in Jun. 2025 was $474.40 Mil. Therefore, Hengdeli Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.55.

Hengdeli Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hengdeli 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.

Hengdeli Holdings Scaled Net Operating Assets Chart

Hengdeli 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 0.69 0.51 0.57 0.57 0.54

Hengdeli 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 0.56 0.60 0.57 0.56 0.55

HENGY vs HON, MMM: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Hengdeli 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.

Hengdeli Holdings Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hengdeli Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


HENGY
38GF Score
Hengdeli Holdings Ltd HENGY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengdeli 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.

Hengdeli 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 )
=(286.417-25.095)/485.412
=0.54

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=474.833 - 188.416
=286.417

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.523 - 3.08 - 6.348
=25.095

Hengdeli 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 )
=(286.417-25.095)/474.4
=0.55

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=474.833 - 188.416
=286.417

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34.523 - 3.08 - 6.348
=25.095

* 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 0.55 mean?
Hengdeli Holdings (HENGY) has a Scaled Net Operating Assets of 0.55 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 Hengdeli Holdings and its competitors.
Is Hengdeli Holdings' Scaled Net Operating Assets too high?
Hengdeli Holdings' current Scaled Net Operating Assets is 0.55. Overall, Hengdeli Holdings has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hengdeli Holdings' Scaled Net Operating Assets compare to HON and MMM?
Hengdeli Holdings' Scaled Net Operating Assets of 0.55 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Hengdeli Holdings and its competitors. Hengdeli Holdings's current Scaled Net Operating Assets is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengdeli Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hengdeli Holdings (HENGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.18, compared to a current price of $0.79 — trading 339.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.55. Hengdeli Holdings' overall GF Score™ is 38/100 with 2 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 Hengdeli Holdings (HENGY), the current Scaled Net Operating Assets is 0.55 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 Hengdeli Holdings (HENGY) Overvalued in 2026?

Based on GuruFocus' analysis, Hengdeli Holdings stock appears to be overvalued. The current stock price of $0.79 is trading 339.5% above its estimated GF Value™ of $0.18. GuruFocus considers Hengdeli Holdings to be Significantly Overvalued.

Key valuation signals for HENGY:

  • Scaled Net Operating Assets: 0.55
  • GF Value™: $0.18 vs. price of $0.79 (339.5% above fair value)
  • GF Score™: 38/100 with 2 warning signs

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

Hengdeli Holdings Business Description

Other Exchanges 03389:Hong Kong
Address 28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Hengdeli Holdings Ltd is predominantly focused on the manufacturing of high-end consuming accessories, the construction of high-end consuming service platforms, international commodity trading, and its related supply chain services. The operating segments of the company are: High-end consuming accessories, which is engaged in the manufacturing of watch accessories, and shop design and decoration services business; and the Commodity trading segment, which is engaged in the trading of iron ore and coal. A majority of its revenue is generated from the High-end consuming accessories segment. Geographically, the company generates maximum revenue from Mainland China and the rest from Hong Kong.
38GF Score

Get the complete analysis for HENGY

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

$0.79
Price
$0.18
GF Value