Tong Tong AI Social Group (HKSE:00628) Scaled Net Operating Assets: 0.96 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00628 Tong Tong AI Social Group Ltd HKSE:00628
44 GF Score
Price HK$0.30
GF Value HK$0.55
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Tong Tong AI Social Group Scaled Net Operating Assets?

Tong Tong AI Social Group HKSE:00628 -1.67% 44 Scaled Net Operating Assets is 0.96 as of Dec. 2025. GuruFocus rates HKSE:00628 with a GF Score™ of 44/100 and a GF Value™ of HK$0.55 (Possible Value Trap). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Tong Tong AI Social Group's operating assets for the quarter that ended in Dec. 2025 was HK$2,992.9 Mil. Tong Tong AI Social Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$170.5 Mil. Tong Tong AI Social Group's Total Assets for the quarter that ended in Jun. 2025 was HK$2,926.3 Mil. Therefore, Tong Tong AI Social Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.96.

HKSE:00628
44GF Score
Tong Tong AI Social Group Ltd HKSE:00628
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tong Tong AI Social Group 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.

Tong Tong AI Social Group'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 )
=(2992.88-170.484)/2783.945
=1.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3023.991 - 31.111
=2992.88

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=340.213 - 169.729 - 0
=170.484

Tong Tong AI Social Group'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 )
=(2992.88-170.484)/2926.31
=0.96

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3023.991 - 31.111
=2992.88

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=340.213 - 169.729 - 0
=170.484

* 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?
Tong Tong AI Social Group (HKSE:00628) has a Scaled Net Operating Assets of 0.96 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 Tong Tong AI Social Group and its competitors.
Is Tong Tong AI Social Group's Scaled Net Operating Assets too high?
Tong Tong AI Social Group's current Scaled Net Operating Assets is 0.96. Overall, Tong Tong AI Social Group has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tong Tong AI Social Group's Scaled Net Operating Assets compare to V and MA?
Tong Tong AI Social Group's Scaled Net Operating Assets of 0.96 can be compared against companies in the Credit Services 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 Credit Services company?
A good Scaled Net Operating Assets depends on the Credit Services 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 Tong Tong AI Social Group and its competitors. Tong Tong AI Social Group'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 Tong Tong AI Social Group stock overvalued right now?
Based on GuruFocus' analysis, Tong Tong AI Social Group (HKSE:00628) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.55, compared to a current price of HK$0.30 — trading 46.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.96. Tong Tong AI Social Group's overall GF Score™ is 44/100 with 1 warning sign 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 Tong Tong AI Social Group (HKSE:00628), the current Scaled Net Operating Assets is 0.96 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 Tong Tong AI Social Group (HKSE:00628) Overvalued in 2026?

Based on GuruFocus' analysis, Tong Tong AI Social Group stock appears to be undervalued. The current stock price of HK$0.30 is trading 46.4% below its estimated GF Value™ of HK$0.55. GuruFocus considers Tong Tong AI Social Group to be Possible Value Trap.

Key valuation signals for HKSE:00628:

  • Scaled Net Operating Assets: 0.96
  • GF Value™: HK$0.55 vs. price of HK$0.30 (46.4% below fair value)
  • GF Score™: 44/100 with 1 warning sign

No single metric tells the full story. See the HKSE:00628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tong Tong AI Social Group Business Description

Address 8 Finance Street, Suite 2912, 29th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Tong Tong AI Social Group Ltd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments: Commercial factoring business, Other financing services, Game development and publishing business, and Social networking business. Maximum revenue is generated from its Game development and publishing business, which provides online advertising services and top-up services. The Commercial factoring business provides factoring services. The Other financing services segment includes finance lease business, financial information service, and consultation service, and the Social networking business provides online data processing, transaction processing, and value-added telecommunications services. Geographically, it derives revenue from China (PRC).
44GF Score

Get the complete analysis for HKSE:00628

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

HK$0.30
Price
HK$0.55
GF Value