Artini Holdings (HKSE:00789) Scaled Net Operating Assets: 0.80 (As of Mar. 2026)

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HKSE:00789 Artini Holdings Ltd HKSE:00789
65 GF Score
Price HK$0.96
GF Value HK$2.57
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Artini Holdings Scaled Net Operating Assets?

Artini Holdings HKSE:00789 -5.42% 65 Scaled Net Operating Assets is 0.80 as of Mar. 2026. GuruFocus rates HKSE:00789 with a GF Score™ of 65/100 and a GF Value™ of HK$2.57 (Possible Value Trap). The stock has 3 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.

Artini Holdings's operating assets for the quarter that ended in Mar. 2026 was HK$169.4 Mil. Artini Holdings's operating liabilities for the quarter that ended in Mar. 2026 was HK$12.7 Mil. Artini Holdings's Total Assets for the quarter that ended in Sep. 2025 was HK$195.6 Mil. Therefore, Artini Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.


Artini Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Artini 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.

Artini Holdings Scaled Net Operating Assets Chart

Artini Holdings 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 0.58 0.68 0.48 0.85 0.79

Artini Holdings Semi-Annual Data
Mar16 Sep16 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 0.54 0.63 0.96 0.82 0.80

HKSE:00789 vs TPR: Scaled Net Operating Assets Comparison

For the Luxury Goods subindustry, Artini 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.


Artini Holdings Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Artini Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Artini Holdings's Scaled Net Operating Assets falls into.


HKSE:00789
65GF Score
Artini Holdings Ltd HKSE:00789
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artini Holdings 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.

Artini Holdings'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 )
=(169.427-12.706)/197.439
=0.79

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=190.765 - 21.338
=169.427

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.726 - 0 - 2.02
=12.706

Artini Holdings'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 )
=(169.427-12.706)/195.608
=0.80

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=190.765 - 21.338
=169.427

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.726 - 0 - 2.02
=12.706

* 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 0.80 mean?
Artini Holdings (HKSE:00789) has a Scaled Net Operating Assets of 0.80 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 Artini Holdings and its competitors.
Is Artini Holdings' Scaled Net Operating Assets too high?
Artini Holdings' current Scaled Net Operating Assets is 0.80. Overall, Artini Holdings has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Artini Holdings' Scaled Net Operating Assets compare to TPR?
Artini Holdings' Scaled Net Operating Assets of 0.80 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 Artini Holdings and its competitors. Artini Holdings's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artini Holdings stock overvalued right now?
Based on GuruFocus' analysis, Artini Holdings (HKSE:00789) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.57, compared to a current price of HK$0.96 — trading 62.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.80. Artini Holdings' overall GF Score™ is 65/100 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 Artini Holdings (HKSE:00789), the current Scaled Net Operating Assets is 0.80 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 Artini Holdings (HKSE:00789) Overvalued in 2026?

Based on GuruFocus' analysis, Artini Holdings stock appears to be undervalued. The current stock price of HK$0.96 is trading 62.6% below its estimated GF Value™ of HK$2.57. GuruFocus considers Artini Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00789:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: HK$2.57 vs. price of HK$0.96 (62.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the HKSE:00789 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artini Holdings Business Description

Address 1 Austin Road West, Unit No. 8502, Level 85, International Commerce Centre, Kowloon, Hong Kong, HKG
Artini Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in the sale of fashion accessories products mainly through the group's self-operated (Magic B2B) and third-party sales online platforms; and the sale of skincare and health products through a self-operated online platform. It offers fashion accessories, affordable luxury designer jewelry, and skincare and health products. The group's reportable segments are: Integrated Fashion Accessories Platform Business, which derives maximum revenue, and the Skincare and Health Product Sales Platform Business. Geographically, it derives key revenue from PRC, other than Hong Kong and Macao, followed by America and other regions.
65GF Score

Get the complete analysis for HKSE:00789

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

HK$0.96
Price
HK$2.57
GF Value