Carpenter Tan Holdings (HKSE:00837) Scaled Net Operating Assets: 0.80 (As of Dec. 2025)

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HKSE:00837 Carpenter Tan Holdings Ltd HKSE:00837
78 GF Score
Price HK$6.06
GF Value HK$7.04
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Carpenter Tan Holdings Scaled Net Operating Assets?

Carpenter Tan Holdings HKSE:00837 78 Scaled Net Operating Assets is 0.80 as of Dec. 2025. GuruFocus rates HKSE:00837 with a GF Score™ of 78/100 and a GF Value™ of HK$7.04 (Modestly Undervalued). 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.

Carpenter Tan Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$1,048.4 Mil. Carpenter Tan Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$141.9 Mil. Carpenter Tan Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$1,127.1 Mil. Therefore, Carpenter Tan Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.80.


Carpenter Tan Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Carpenter Tan 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.

Carpenter Tan Holdings Scaled Net Operating Assets Chart

Carpenter Tan Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.51 0.54 0.70 0.84

Carpenter Tan Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.52 0.76 0.72 0.79 0.80

HKSE:00837 vs PG, CL, KVUE: Scaled Net Operating Assets Comparison

For the Household & Personal Products subindustry, Carpenter Tan 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.


Carpenter Tan Holdings Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Carpenter Tan Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


HKSE:00837
78GF Score
Carpenter Tan Holdings Ltd HKSE:00837
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Carpenter Tan 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.

Carpenter Tan Holdings'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 )
=(1048.44-141.938)/1077.414
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1236.694 - 188.254
=1048.44

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164.886 - 19.697 - 3.251
=141.938

Carpenter Tan Holdings'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 )
=(1048.44-141.938)/1127.109
=0.80

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1236.694 - 188.254
=1048.44

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=164.886 - 19.697 - 3.251
=141.938

* 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?
Carpenter Tan Holdings (HKSE:00837) has a Scaled Net Operating Assets of 0.80 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 Carpenter Tan Holdings and its competitors.
Is Carpenter Tan Holdings' Scaled Net Operating Assets too high?
Carpenter Tan Holdings' current Scaled Net Operating Assets is 0.80. Overall, Carpenter Tan Holdings has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carpenter Tan Holdings' Scaled Net Operating Assets compare to PG and CL?
Carpenter Tan Holdings' Scaled Net Operating Assets of 0.80 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Carpenter Tan Holdings and its competitors. Carpenter Tan 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 Carpenter Tan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Carpenter Tan Holdings (HKSE:00837) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$7.04, compared to a current price of HK$6.06 — trading 13.9% below its estimated fair value. The current Scaled Net Operating Assets is 0.80. Carpenter Tan Holdings' overall GF Score™ is 78/100 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 Carpenter Tan Holdings (HKSE:00837), the current Scaled Net Operating Assets is 0.80 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 Carpenter Tan Holdings (HKSE:00837) Overvalued in 2026?

Based on GuruFocus' analysis, Carpenter Tan Holdings stock appears to be undervalued. The current stock price of HK$6.06 is trading 13.9% below its estimated GF Value™ of HK$7.04. GuruFocus considers Carpenter Tan Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:00837:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: HK$7.04 vs. price of HK$6.06 (13.9% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the HKSE:00837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carpenter Tan Holdings Business Description

Address Type A Factory Building, Longbao Shuanghekou, Light Industry Park, Wanzhou District, Chongqing, CHN
Carpenter Tan Holdings Ltd is engaged in the design, manufacture, and distribution of small wooden handicrafts and accessories. The company is principally engaged in design, manufacture and distribution of small size wooden accessories, operation of a franchise and distribution network mainly in the PRC, and operation of retailing shops for direct sale of its products in Hong Kong and the PRC. The company's products are mainly classified into four categories namely, wooden or horn combs, pocket-size wooden mirrors, other wooden accessories & adornments, and box sets. The company derives revenue mainly from activities in the PRC.
78GF Score

Get the complete analysis for HKSE:00837

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

HK$6.06
Price
HK$7.04
GF Value