China Motor Bus Co (HKSE:00026) Scaled Net Operating Assets: 0.77 (As of Dec. 2025)

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HKSE:00026 China Motor Bus Co Ltd HKSE:00026
57 GF Score
Price HK$58.80
GF Value HK$31.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is China Motor Bus Co Scaled Net Operating Assets?

China Motor Bus Co HKSE:00026 57 Scaled Net Operating Assets is 0.77 as of Dec. 2025. GuruFocus rates HKSE:00026 with a GF Score™ of 57/100 and a GF Value™ of HK$31.72 (Significantly Overvalued). 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 Motor Bus Co's operating assets for the quarter that ended in Dec. 2025 was HK$5,455.26 Mil. China Motor Bus Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$168.65 Mil. China Motor Bus Co's Total Assets for the quarter that ended in Jun. 2025 was HK$6,900.68 Mil. Therefore, China Motor Bus Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.77.


China Motor Bus Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Motor Bus 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.

China Motor Bus Co Scaled Net Operating Assets Chart

China Motor Bus Co 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 0.66 0.78 0.77 0.75 0.74

China Motor Bus Co 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 0.76 0.77 0.72 0.73 0.77

China Motor Bus Co Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Diversified subindustry, China Motor Bus 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.


China Motor Bus Co Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, China Motor Bus Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Motor Bus Co's Scaled Net Operating Assets falls into.


HKSE:00026
57GF Score
China Motor Bus Co Ltd HKSE:00026
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Motor Bus 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.

China Motor Bus Co'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 )
=(5455.247-94.689)/7297.658
=0.73

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6900.682 - 1445.435
=5455.247

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=94.689 - 0 - 0
=94.689

China Motor Bus 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: Jun. 2025 )
=(5455.262-168.653)/6900.682
=0.77

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6787.93 - 1332.668
=5455.262

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=168.653 - 0 - 0
=168.653

* 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 0.77 mean?
China Motor Bus Co (HKSE:00026) has a Scaled Net Operating Assets of 0.77 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 Motor Bus Co and its competitors.
Is China Motor Bus Co's Scaled Net Operating Assets too high?
China Motor Bus Co's current Scaled Net Operating Assets is 0.77. Overall, China Motor Bus Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Motor Bus Co's Scaled Net Operating Assets compare to competitors?
China Motor Bus Co's Scaled Net Operating Assets of 0.77 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Motor Bus Co and its competitors. China Motor Bus Co's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Motor Bus Co stock overvalued right now?
Based on GuruFocus' analysis, China Motor Bus Co (HKSE:00026) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$31.72, compared to a current price of HK$58.80 — trading 85.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. China Motor Bus Co's overall GF Score™ is 57/100 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 Motor Bus Co (HKSE:00026), the current Scaled Net Operating Assets is 0.77 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 Motor Bus Co (HKSE:00026) Overvalued in 2026?

Based on GuruFocus' analysis, China Motor Bus Co stock appears to be overvalued. The current stock price of HK$58.80 is trading 85.4% above its estimated GF Value™ of HK$31.72. GuruFocus considers China Motor Bus Co to be Significantly Overvalued.

Key valuation signals for HKSE:00026:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: HK$31.72 vs. price of HK$58.80 (85.4% above fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00026 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Motor Bus Co Business Description

Address 510 King’s Road, 2606-08, 26th Floor, Island Place Tower, North Point, Hong Kong, HKG
China Motor Bus Co Ltd is engaged in property development and investment. The company operates in two segments that include property development & investment and treasury management. Property development and investment segment encompass activities relating to the development, construction, sale, and marketing of the group's trading properties in Hong Kong and property leasing. The Treasury management segment includes activities for managing the group's listed investments, financial assets, and other treasury operations. Its geographical segments include Hong Kong and the United Kingdom, of which the majority of the revenue is derived from Hong Kong.
57GF Score

Get the complete analysis for HKSE:00026

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

HK$58.80
Price
HK$31.72
GF Value