Pokfulam Development Co (HKSE:00225) Scaled Net Operating Assets: 0.96 (As of Mar. 2026)

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HKSE:00225 Pokfulam Development Co Ltd HKSE:00225
65 GF Score
Price HK$5.15
GF Value HK$5.59
Valuation Fairly Valued
! 4 Warning Signs
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What is Pokfulam Development Co Scaled Net Operating Assets?

Pokfulam Development Co HKSE:00225 +0.68% 65 Scaled Net Operating Assets is 0.96 as of Mar. 2026. GuruFocus rates HKSE:00225 with a GF Score™ of 65/100 and a GF Value™ of HK$5.59 (Fairly Valued). 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.

Pokfulam Development Co's operating assets for the quarter that ended in Mar. 2026 was HK$4,824.7 Mil. Pokfulam Development Co's operating liabilities for the quarter that ended in Mar. 2026 was HK$121.2 Mil. Pokfulam Development Co's Total Assets for the quarter that ended in Sep. 2025 was HK$4,887.1 Mil. Therefore, Pokfulam Development Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.96.


Pokfulam Development Co Scaled Net Operating Assets Historical Data

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The historical data trend for Pokfulam Development 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.

Pokfulam Development Co Scaled Net Operating Assets Chart

Pokfulam Development Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.00 0.93 0.85 0.91

Pokfulam Development Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.91 0.88 0.93 0.93 0.96

HKSE:00225 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Pokfulam Development 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.


Pokfulam Development Co Scaled Net Operating Assets vs Real Estate Industry

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

* The bar in red indicates where Pokfulam Development Co's Scaled Net Operating Assets falls into.


HKSE:00225
65GF Score
Pokfulam Development Co Ltd HKSE:00225
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Pokfulam Development 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.

Pokfulam Development Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(4749.568-117.461)/5116.834
=0.91

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4887.147 - 137.579
=4749.568

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=514.089 - 0 - 396.628
=117.461

Pokfulam Development Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(4824.725-121.229)/4887.147
=0.96

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5011.504 - 186.779
=4824.725

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=627.632 - 0 - 506.403
=121.229

* 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 0.96 mean?
Pokfulam Development Co (HKSE:00225) has a Scaled Net Operating Assets of 0.96 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Pokfulam Development Co and its competitors.
Is Pokfulam Development Co's Scaled Net Operating Assets too high?
Pokfulam Development Co's current Scaled Net Operating Assets is 0.96. Overall, Pokfulam Development Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pokfulam Development Co's Scaled Net Operating Assets compare to CBRE and BEKE?
Pokfulam Development Co's Scaled Net Operating Assets of 0.96 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 Pokfulam Development Co and its competitors. Pokfulam Development Co's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pokfulam Development Co stock overvalued right now?
Based on GuruFocus' analysis, Pokfulam Development Co (HKSE:00225) is currently considered Fairly Valued. The stock's GF Value™ is HK$5.59, compared to a current price of HK$5.15 — trading 7.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.96. Pokfulam Development Co's overall GF Score™ is 65/100 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 Pokfulam Development Co (HKSE:00225), the current Scaled Net Operating Assets is 0.96 as of Mar. 2026. 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 Pokfulam Development Co (HKSE:00225) Overvalued in 2026?

Based on GuruFocus' analysis, Pokfulam Development Co stock appears to be undervalued. The current stock price of HK$5.15 is trading 7.9% below its estimated GF Value™ of HK$5.59. GuruFocus considers Pokfulam Development Co to be Fairly Valued.

Key valuation signals for HKSE:00225:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: HK$5.59 vs. price of HK$5.15 (7.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pokfulam Development Co Business Description

Address 93-107 Lockhart Road, 23rd Floor, Beverly House, Wanchai, Hong Kong, HKG
Pokfulam Development Co Ltd is a property investment and investment holding company. The company operates mainly in three business segments: Property Investment and Management segment is engaged in the letting and management of commercial industrial and residential properties; Trading of Goods segment is involved in the trading of visual and sound equipment, and home appliances; and Securities Investment segment deals in listed securities. The majority of its revenue is derived from Property Investment and Management. The company's portfolio includes residential developments as well as commercial and industrial buildings. All of its revenue is generated from Hong Kong.
65GF Score

Get the complete analysis for HKSE:00225

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

HK$5.15
Price
HK$5.59
GF Value