Aeon Credit Service (Asia) Co (HKSE:00900) Scaled Net Operating Assets: 0.92 (As of May. 2026)

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:00900 Aeon Credit Service (Asia) Co Ltd HKSE:00900
77 GF Score
Price HK$8.98
GF Value HK$7.95
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Aeon Credit Service (Asia) Co Scaled Net Operating Assets?

Aeon Credit Service (Asia) Co HKSE:00900 -1.05% 77 Scaled Net Operating Assets is 0.92 as of May. 2026. GuruFocus rates HKSE:00900 with a GF Score™ of 77/100 and a GF Value™ of HK$7.95 (Modestly Overvalued). The stock has 7 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.

Aeon Credit Service (Asia) Co's operating assets for the quarter that ended in May. 2026 was HK$8,160 Mil. Aeon Credit Service (Asia) Co's operating liabilities for the quarter that ended in May. 2026 was HK$437 Mil. Aeon Credit Service (Asia) Co's Total Assets for the quarter that ended in Feb. 2026 was HK$8,382 Mil. Therefore, Aeon Credit Service (Asia) Co's scaled net operating assets (SNOA) for the quarter that ended in May. 2026 was 0.92.

HKSE:00900
77GF Score
Aeon Credit Service (Asia) Co Ltd HKSE:00900
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aeon Credit Service (Asia) Co 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.

Aeon Credit Service (Asia) Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2026 )
=(Operating Assets (A: Feb. 2026 )-Operating Liabilities (A: Feb. 2026 ))/Total Assets (A: Feb. 2025 )
=(8120.129-427.118)/7868.329
=0.98

where

Operating Assets(A: Feb. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8382.162 - 262.033
=8120.129

Operating Liabilities(A: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3898.501 - 3471.383 - 0
=427.118

Aeon Credit Service (Asia) Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2026 )
=(Operating Assets (Q: May. 2026 )-Operating Liabilities (Q: May. 2026 ))/Total Assets (Q: Feb. 2026 )
=(8160.165-437.171)/8382.162
=0.92

where

Operating Assets(Q: May. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8384.479 - 224.314
=8160.165

Operating Liabilities(Q: May. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3759.177 - 3322.006 - 0
=437.171

* 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 0.92 mean?
Aeon Credit Service (Asia) Co (HKSE:00900) has a Scaled Net Operating Assets of 0.92 as of May. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Aeon Credit Service (Asia) Co and its competitors.
Is Aeon Credit Service (Asia) Co's Scaled Net Operating Assets too high?
Aeon Credit Service (Asia) Co's current Scaled Net Operating Assets is 0.92. Overall, Aeon Credit Service (Asia) Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aeon Credit Service (Asia) Co's Scaled Net Operating Assets compare to V and MA?
Aeon Credit Service (Asia) Co's Scaled Net Operating Assets of 0.92 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 Aeon Credit Service (Asia) Co and its competitors. Aeon Credit Service (Asia) Co's current Scaled Net Operating Assets is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeon Credit Service (Asia) Co stock overvalued right now?
Based on GuruFocus' analysis, Aeon Credit Service (Asia) Co (HKSE:00900) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$7.95, compared to a current price of HK$8.98 — trading 13% above its estimated fair value. The current Scaled Net Operating Assets is 0.92. Aeon Credit Service (Asia) Co's overall GF Score™ is 77/100 with 7 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 Aeon Credit Service (Asia) Co (HKSE:00900), the current Scaled Net Operating Assets is 0.92 as of May. 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 Aeon Credit Service (Asia) Co (HKSE:00900) Overvalued in 2026?

Based on GuruFocus' analysis, Aeon Credit Service (Asia) Co stock appears to be overvalued. The current stock price of HK$8.98 is trading 13% above its estimated GF Value™ of HK$7.95. GuruFocus considers Aeon Credit Service (Asia) Co to be Modestly Overvalued.

Key valuation signals for HKSE:00900:

  • Scaled Net Operating Assets: 0.92
  • GF Value™: HK$7.95 vs. price of HK$8.98 (13% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the HKSE:00900 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Aeon Credit Service (Asia) Co Business Description

Address 132 Nathan Road, 20th Floor, Mira Place Tower A, Tsimshatsui, Kowloon, Hong Kong, HKG
Aeon Credit Service (Asia) Co Ltd is engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance intermediary business and microfinance business. The Group is principally engaged in the provision of financial services, which includes the issuance of credit cards and the provision of personal loan financing, payment processing services, insurance intermediary business, and microfinance business. The Group operates across three primary segments: credit cards, personal loans, and insurance intermediary services. The company generates majority of revenue from Credit cards. The company has presence in Hong Kong, Chinese Mainland.
77GF Score

Get the complete analysis for HKSE:00900

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

HK$8.98
Price
HK$7.95
GF Value