China Merchants China Direct Investments (HKSE:00133) Scaled Net Operating Assets: 0.80 (As of Dec. 2025)

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HKSE:00133 China Merchants China Direct Investments Ltd HKSE:00133
36 GF Score
Price HK$24.98
! 4 Warning Signs
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What is China Merchants China Direct Investments Scaled Net Operating Assets?

China Merchants China Direct Investments HKSE:00133 +1.22% 36 Scaled Net Operating Assets is 0.80 as of Dec. 2025. GuruFocus rates HKSE:00133 with a GF Score™ of 36/100. The stock has 4 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 Merchants China Direct Investments's operating assets for the quarter that ended in Dec. 2025 was HK$7,901 Mil. China Merchants China Direct Investments's operating liabilities for the quarter that ended in Dec. 2025 was HK$1,642 Mil. China Merchants China Direct Investments's Total Assets for the quarter that ended in Jun. 2025 was HK$7,791 Mil. Therefore, China Merchants China Direct Investments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.80.

HKSE:00133
36GF Score
China Merchants China Direct Investments Ltd HKSE:00133
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Merchants China Direct Investments 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 Merchants China Direct Investments'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 )
=(7901.169-1641.819)/6271.532
=1.00

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8136.102 - 234.933
=7901.169

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1641.819 - 0 - 0
=1641.819

China Merchants China Direct Investments'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 )
=(7901.169-1641.819)/7791.078
=0.80

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8136.102 - 234.933
=7901.169

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1641.819 - 0 - 0
=1641.819

* 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 0.80 mean?
China Merchants China Direct Investments (HKSE:00133) has a Scaled Net Operating Assets of 0.80 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 Merchants China Direct Investments and its competitors.
Is China Merchants China Direct Investments' Scaled Net Operating Assets too high?
China Merchants China Direct Investments' current Scaled Net Operating Assets is 0.80. Overall, China Merchants China Direct Investments has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does China Merchants China Direct Investments' Scaled Net Operating Assets compare to BLK and BX?
China Merchants China Direct Investments' Scaled Net Operating Assets of 0.80 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Merchants China Direct Investments and its competitors. China Merchants China Direct Investments's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Merchants China Direct Investments stock overvalued right now?
China Merchants China Direct Investments (HKSE:00133) has a current Scaled Net Operating Assets of 0.80. The current Scaled Net Operating Assets is 0.80. China Merchants China Direct Investments' overall GF Score™ is 36/100 with 4 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 Merchants China Direct Investments (HKSE:00133), the current Scaled Net Operating Assets is 0.80 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.

China Merchants China Direct Investments Business Description

Address 1 Queen’s Road East, 1609, Three Pacific Place, Hong Kong, HKG
China Merchants China Direct Investments Ltd is an investment holding company. The company is engaged in investing in manufacturing, energy and resources and medical activities. The segments of the company are Financial services; Culture, media and consumption; and Information technology. Its prime revenue-generating segment is the Information technology segment that covers the investees engaged in information technology activities. The company mainly operates in Hong Kong and China.
36GF 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.

HK$24.98
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