China Health Group (HKSE:00673) Scaled Net Operating Assets: 0.22 (As of Mar. 2026)

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HKSE:00673 China Health Group Ltd HKSE:00673
24 GF Score
Price HK$0.40
GF Value HK$0.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is China Health Group Scaled Net Operating Assets?

China Health Group HKSE:00673 24 Scaled Net Operating Assets is 0.22 as of Mar. 2026. GuruFocus rates HKSE:00673 with a GF Score™ of 24/100 and a GF Value™ of HK$0.24 (Significantly Overvalued). The stock has 6 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.

China Health Group's operating assets for the quarter that ended in Mar. 2026 was HK$136.11 Mil. China Health Group's operating liabilities for the quarter that ended in Mar. 2026 was HK$92.12 Mil. China Health Group's Total Assets for the quarter that ended in Sep. 2025 was HK$201.47 Mil. Therefore, China Health Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.22.


China Health Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Health Group'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.

China Health Group Scaled Net Operating Assets Chart

China Health Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.39 0.28 0.03 0.30

China Health Group 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 0.17 0.28 0.03 -0.46 0.22

HKSE:00673 vs MCK, COR, CAH: Scaled Net Operating Assets Comparison

For the Medical Distribution subindustry, China Health Group'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.


China Health Group Scaled Net Operating Assets vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China Health Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Health Group's Scaled Net Operating Assets falls into.


HKSE:00673
24GF Score
China Health Group Ltd HKSE:00673
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Health 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.

China Health Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(136.114-92.122)/147.348
=0.30

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=157.556 - 21.442
=136.114

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96.714 - 0 - 4.592
=92.122

China Health Group'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 )
=(136.114-92.122)/201.466
=0.22

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=157.556 - 21.442
=136.114

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96.714 - 0 - 4.592
=92.122

* 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 0.22 mean?
China Health Group (HKSE:00673) has a Scaled Net Operating Assets of 0.22 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 China Health Group and its competitors.
Is China Health Group's Scaled Net Operating Assets too high?
China Health Group's current Scaled Net Operating Assets is 0.22. Overall, China Health Group has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Health Group's Scaled Net Operating Assets compare to MCK and COR?
China Health Group's Scaled Net Operating Assets of 0.22 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Scaled Net Operating Assets depends on the Medical Distribution 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 China Health Group and its competitors. China Health Group's current Scaled Net Operating Assets is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Health Group stock overvalued right now?
Based on GuruFocus' analysis, China Health Group (HKSE:00673) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.24, compared to a current price of HK$0.40 — trading 66.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.22. China Health Group's overall GF Score™ is 24/100 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 China Health Group (HKSE:00673), the current Scaled Net Operating Assets is 0.22 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 China Health Group (HKSE:00673) Overvalued in 2026?

Based on GuruFocus' analysis, China Health Group stock appears to be overvalued. The current stock price of HK$0.40 is trading 66.7% above its estimated GF Value™ of HK$0.24. GuruFocus considers China Health Group to be Significantly Overvalued.

Key valuation signals for HKSE:00673:

  • Scaled Net Operating Assets: 0.22
  • GF Value™: HK$0.24 vs. price of HK$0.40 (66.7% above fair value)
  • GF Score™: 24/100 with 6 warning signs

No single metric tells the full story. See the HKSE:00673 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Health Group Business Description

Address 141 Des Voeux Road, Unit 801, 8th Floor, China Insurance Group Building, Central, Hong Kong, HKG
China Health Group Ltd is an investment holding company. It is principally engaged in the distribution and service of medical equipment and consumables, provision of hospital operation and management services, and business factoring. It operates in the business in four segments: medical equipment and consumables distribution and service business; hospital operation and management services business; business service; and research and development and sale of functional food. It derives a majority of revenue from the Distribution and service in the medical equipment and consumables segment. Geographically, the group derives its revenue from the PRC.
24GF Score

Get the complete analysis for HKSE:00673

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

HK$0.40
Price
HK$0.24
GF Value