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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.
Hing Lee (HK) Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$26.75 Mil. Hing Lee (HK) Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$12.97 Mil. Hing Lee (HK) Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$66.56 Mil. Therefore, Hing Lee (HK) Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.21.
Hing Lee (HK) Holdings Scaled Net Operating Assets Related Terms
Hing Lee (HK) Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Hing Lee (HK) 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.
Hing Lee (HK) Holdings Scaled Net Operating Assets Chart
HKSE:00396 vs SN, SGI, MHK: Scaled Net Operating Assets Comparison
For the Furnishings, Fixtures & Appliances subindustry, Hing Lee (HK) 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.
Hing Lee (HK) Holdings Scaled Net Operating Assets vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hing Lee (HK) Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Hing Lee (HK) 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 0.21 mean?
Hing Lee (HK) Holdings (HKSE:00396) has a Scaled Net Operating Assets of 0.21 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 Hing Lee (HK) Holdings and its competitors.
Is Hing Lee (HK) Holdings' Scaled Net Operating Assets too high?
Hing Lee (HK) Holdings' current Scaled Net Operating Assets is 0.21. Overall, Hing Lee (HK) Holdings has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hing Lee (HK) Holdings' Scaled Net Operating Assets compare to SN and SGI?
Hing Lee (HK) Holdings' Scaled Net Operating Assets of 0.21 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Scaled Net Operating Assets depends on the Furnishings, Fixtures & Appliances 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 Hing Lee (HK) Holdings and its competitors. Hing Lee (HK) Holdings's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hing Lee (HK) Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hing Lee (HK) Holdings (HKSE:00396) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.06, compared to a current price of HK$0.34 — trading 466.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.21. Hing Lee (HK) Holdings' overall GF Score™ is 33/100 with 3 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 Hing Lee (HK) Holdings (HKSE:00396), the current Scaled Net Operating Assets is 0.21 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 Hing Lee (HK) Holdings (HKSE:00396) Overvalued in 2026?
Based on GuruFocus' analysis, Hing Lee (HK) Holdings stock appears to be overvalued.
The current stock price of HK$0.34 is trading 466.7% above its estimated GF Value™ of HK$0.06.
GuruFocus considers Hing Lee (HK) Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:00396:
Scaled Net Operating Assets: 0.21
GF Value™: HK$0.06 vs. price of HK$0.34 (466.7% above fair value)
No single metric tells the full story. See the HKSE:00396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hing Lee (HK) Holdings Ltd is an investment holding company. Through its subsidiaries, it is mainly engaged in furniture design and the integration of the manufacturing and wholesale furniture business. The Group owns Mogou, Johnston, Oriant, and other brands, providing a full range of residential furniture products, including mattress products for the bedroom, living room, dining room, and home office use. Additionally, the Group offers general business consultancy services; provides promotional services relating to layout design, fitting, and display of products; and engages in licensing of its own brands and product designs. Geographically, it generates maximum revenue from Asia (excluding the PRC), and the rest from the United States, Europe, the PRC, Australia, and Africa.
33GF Score
Get the complete analysis for HKSE:00396
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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