Tse Sui Luen Jewellery (International) (HKSE:00417) Scaled Net Operating Assets: 0.57 (As of Sep. 2025)


HKSE:00417 Tse Sui Luen Jewellery (International) Ltd HKSE:00417
38 GF Score
Price HK$0.69
GF Value HK$0.50
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tse Sui Luen Jewellery (International) Scaled Net Operating Assets?

Tse Sui Luen Jewellery (International) HKSE:00417 -2.82% 38 Scaled Net Operating Assets is 0.57 as of Sep. 2025. GuruFocus rates HKSE:00417 with a GF Score™ of 38/100 and a GF Value™ of HK$0.50 (Significantly Overvalued). 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.

Tse Sui Luen Jewellery (International)'s operating assets for the quarter that ended in Sep. 2025 was HK$1,468 Mil. Tse Sui Luen Jewellery (International)'s operating liabilities for the quarter that ended in Sep. 2025 was HK$504 Mil. Tse Sui Luen Jewellery (International)'s Total Assets for the quarter that ended in Mar. 2025 was HK$1,682 Mil. Therefore, Tse Sui Luen Jewellery (International)'s scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.57.


Tse Sui Luen Jewellery (International) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) Scaled Net Operating Assets Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.69 0.55 0.44 0.67

Tse Sui Luen Jewellery (International) Semi-Annual Data
Feb16 Aug16 Feb17 Aug17 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 0.57 0.65 0.46 0.57 0.72

HKSE:00417 vs TPR: Scaled Net Operating Assets Comparison

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.


Tse Sui Luen Jewellery (International) Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets falls into.


HKSE:00417
38GF Score
Tse Sui Luen Jewellery (International) Ltd HKSE:00417
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tse Sui Luen Jewellery (International) 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.

Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(1552.819-522.924)/2361.272
=0.44

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1682.197 - 129.378
=1552.819

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1328.975 - 68.516 - 737.535
=522.924

Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Mar. 2025 )
=(1468.478-504.065)/1682.197
=0.57

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1557.871 - 89.393
=1468.478

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1225.092 - 66.7 - 654.327
=504.065

* 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 0.57 mean?
Tse Sui Luen Jewellery (International) (HKSE:00417) has a Scaled Net Operating Assets of 0.57 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tse Sui Luen Jewellery (International) and its competitors.
Is Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets too high?
Tse Sui Luen Jewellery (International)'s current Scaled Net Operating Assets is 0.57. Overall, Tse Sui Luen Jewellery (International) has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets compare to TPR?
Tse Sui Luen Jewellery (International)'s Scaled Net Operating Assets of 0.57 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Tse Sui Luen Jewellery (International) and its competitors. Tse Sui Luen Jewellery (International)'s current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tse Sui Luen Jewellery (International) stock overvalued right now?
Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) (HKSE:00417) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.50, compared to a current price of HK$0.69 — trading 38% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. Tse Sui Luen Jewellery (International)'s overall GF Score™ is 38/100 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 Tse Sui Luen Jewellery (International) (HKSE:00417), the current Scaled Net Operating Assets is 0.57 as of Sep. 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 Tse Sui Luen Jewellery (International) (HKSE:00417) Overvalued in 2026?

Based on GuruFocus' analysis, Tse Sui Luen Jewellery (International) stock appears to be overvalued. The current stock price of HK$0.69 is trading 38% above its estimated GF Value™ of HK$0.50. GuruFocus considers Tse Sui Luen Jewellery (International) to be Significantly Overvalued.

Key valuation signals for HKSE:00417:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: HK$0.50 vs. price of HK$0.69 (38% above fair value)
  • GF Score™: 38/100 with 4 warning signs

No single metric tells the full story. See the HKSE:00417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tse Sui Luen Jewellery (International) Business Description

Address 30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and Other countries.
38GF Score

Get the complete analysis for HKSE:00417

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

HK$0.69
Price
HK$0.50
GF Value