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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
GBA Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$497.6 Mil. GBA Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$65.1 Mil. GBA Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$683.6 Mil. Therefore, GBA Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.63.
GBA Holdings Scaled Net Operating Assets Related Terms
GBA Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for GBA 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.
HKSE:00261 vs MMM, HON: Scaled Net Operating Assets Comparison
For the Conglomerates subindustry, GBA 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.
GBA Holdings Scaled Net Operating Assets vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, GBA Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where GBA Holdings's Scaled Net Operating Assets falls into.
* 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 0.63 mean?
GBA Holdings (HKSE:00261) has a Scaled Net Operating Assets of 0.63 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 GBA Holdings and its competitors.
Is GBA Holdings' Scaled Net Operating Assets too high?
GBA Holdings' current Scaled Net Operating Assets is 0.63. Overall, GBA Holdings has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GBA Holdings' Scaled Net Operating Assets compare to MMM and HON?
GBA Holdings' Scaled Net Operating Assets of 0.63 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 GBA Holdings and its competitors. GBA Holdings's current Scaled Net Operating Assets is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GBA Holdings stock overvalued right now?
Based on GuruFocus' analysis, GBA Holdings (HKSE:00261) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.66, compared to a current price of HK$0.21 — trading 68% below its estimated fair value. The current Scaled Net Operating Assets is 0.63. GBA Holdings' overall GF Score™ is 23/100 with 6 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 GBA Holdings (HKSE:00261), the current Scaled Net Operating Assets is 0.63 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 GBA Holdings (HKSE:00261) Overvalued in 2026?
Based on GuruFocus' analysis, GBA Holdings stock appears to be undervalued.
The current stock price of HK$0.21 is trading 68% below its estimated GF Value™ of HK$0.66.
GuruFocus considers GBA Holdings to be Possible Value Trap.
Key valuation signals for HKSE:00261:
Scaled Net Operating Assets: 0.63
GF Value™: HK$0.66 vs. price of HK$0.21 (68% below fair value)
No single metric tells the full story. See the HKSE:00261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GBA Holdings Ltd is an investment holding company. The Group is principally engaged in Property Business in the PRC, the Finance Business, the Automobile Business, the Catering Business and the Corporate Consulting Services Business in Hong Kong. The company generates majority of revenue from Property business segment which representing the development and sale of properties. The Group's operations are mainly located in Mainland China and Hong Kong.
23GF Score
Get the complete analysis for HKSE:00261
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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