Greatime International Holdings (HKSE:00844) Scaled Net Operating Assets: 0.17 (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:00844 Greatime International Holdings Ltd HKSE:00844
39 GF Score
Price HK$0.40
GF Value HK$0.36
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Greatime International Holdings Scaled Net Operating Assets?

Greatime International Holdings HKSE:00844 39 Scaled Net Operating Assets is 0.17 as of Dec. 2025. GuruFocus rates HKSE:00844 with a GF Score™ of 39/100 and a GF Value™ of HK$0.36 (Fairly Valued). The stock has 5 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.

Greatime International Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$282.2 Mil. Greatime International Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$168.7 Mil. Greatime International Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$649.7 Mil. Therefore, Greatime International Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.17.


Greatime International Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Greatime International 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.

Greatime International Holdings Scaled Net Operating Assets Chart

Greatime International 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 0.48 0.29 0.34 0.29 0.17

Greatime International 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 0.32 0.32 0.30 0.29 0.18

HKSE:00844 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Greatime International 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.


Greatime International Holdings Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Greatime International Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


HKSE:00844
39GF Score
Greatime International Holdings Ltd HKSE:00844
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greatime International 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.

Greatime International 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 )
=(282.234-168.657)/653.667
=0.17

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=575.118 - 292.884
=282.234

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=391.307 - 0.057 - 222.593
=168.657

Greatime International 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 )
=(282.234-168.657)/649.705
=0.17

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=575.118 - 292.884
=282.234

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=391.307 - 0.057 - 222.593
=168.657

* 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 0.17 mean?
Greatime International Holdings (HKSE:00844) has a Scaled Net Operating Assets of 0.17 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 Greatime International Holdings and its competitors.
Is Greatime International Holdings' Scaled Net Operating Assets too high?
Greatime International Holdings' current Scaled Net Operating Assets is 0.17. Overall, Greatime International Holdings has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greatime International Holdings' Scaled Net Operating Assets compare to RL and LEVI?
Greatime International Holdings' Scaled Net Operating Assets of 0.17 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Greatime International Holdings and its competitors. Greatime International Holdings's current Scaled Net Operating Assets is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greatime International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Greatime International Holdings (HKSE:00844) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.40 — trading 9.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.17. Greatime International Holdings' overall GF Score™ is 39/100 with 5 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 Greatime International Holdings (HKSE:00844), the current Scaled Net Operating Assets is 0.17 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 Greatime International Holdings (HKSE:00844) Overvalued in 2026?

Based on GuruFocus' analysis, Greatime International Holdings stock appears to be overvalued. The current stock price of HK$0.40 is trading 9.7% above its estimated GF Value™ of HK$0.36. GuruFocus considers Greatime International Holdings to be Fairly Valued.

Key valuation signals for HKSE:00844:

  • Scaled Net Operating Assets: 0.17
  • GF Value™: HK$0.36 vs. price of HK$0.40 (9.7% above fair value)
  • GF Score™: 39/100 with 5 warning signs

No single metric tells the full story. See the HKSE:00844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greatime International Holdings Business Description

Address No. 102 Renmin Dong Road, Shandong Province, Zhucheng, CHN
Greatime International Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in the manufacturing and sales of and provision of processing services on innerwear products and knitted fabrics and provision of space measurement services, industrial drones and measurement robots. The company's reportable segments are: Innerwear Products, Knitted Fabrics and Space measurement services, industrial drones and measurement robots. The majority of the company's revenue is derived from the Innerwear products, which include the manufacturing and sale of and provision of processing services on innerwear products. Geographically, it generates the maximum revenue from Japan, and the rest from the PRC, Taiwan, the United States, Africa, Italy, Canada, and Hong Kong.
39GF Score

Get the complete analysis for HKSE:00844

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$0.36
GF Value