V.S. International Group (HKSE:01002) Scaled Net Operating Assets: 1.05 (As of Jun. 2025)

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What is V.S. International Group Scaled Net Operating Assets?

V.S. International Group HKSE:01002 Scaled Net Operating Assets is 1.05 as of Jun. 2025. The stock has 2 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.

V.S. International Group's operating assets for the quarter that ended in Jun. 2025 was HK$861.9 Mil. V.S. International Group's operating liabilities for the quarter that ended in Jun. 2025 was HK$192.4 Mil. V.S. International Group's Total Assets for the quarter that ended in Jul. 2024 was HK$638.6 Mil. Therefore, V.S. International Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 1.05.

V.S. International Group Scaled Net Operating Assets Historical Data

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The historical data trend for V.S. International 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.

V.S. International Group Scaled Net Operating Assets Chart

V.S. International Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.57 0.69 0.54 0.58

V.S. International Group Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jun25
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 0.66 0.61 0.68 1.29 1.05

HKSE:01002 vs LIN, SHW, ECL: Scaled Net Operating Assets Comparison

For the Specialty Chemicals subindustry, V.S. International 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.

V.S. International Group Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, V.S. International Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where V.S. International Group's Scaled Net Operating Assets falls into.


V.S. International 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.

V.S. International Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2023 )
=(Operating Assets (A: Jul. 2023 )-Operating Liabilities (A: Jul. 2023 ))/Total Assets (A: Jul. 2022 )
=(267.814-18.812)/429.481
=0.58

where

Operating Assets(A: Jul. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=360.754 - 92.94
=267.814

Operating Liabilities(A: Jul. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.994 - 0 - 38.182
=18.812

V.S. International Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Jul. 2024 )
=(861.923-192.388)/638.603
=1.05

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=929.871 - 67.948
=861.923

Operating Liabilities(Q: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=292.56 - 11.736 - 88.436
=192.388

* 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 1.05 mean?
V.S. International Group (HKSE:01002) has a Scaled Net Operating Assets of 1.05 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on V.S. International Group and its competitors.
Is V.S. International Group's Scaled Net Operating Assets too high?
V.S. International Group's current Scaled Net Operating Assets is 1.05.
How does V.S. International Group's Scaled Net Operating Assets compare to LIN and SHW?
V.S. International Group's Scaled Net Operating Assets of 1.05 can be compared against companies in the Chemicals 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 Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals 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 V.S. International Group and its competitors. V.S. International Group's current Scaled Net Operating Assets is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V.S. International Group stock overvalued right now?
Based on GuruFocus' analysis, V.S. International Group (HKSE:01002) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.20, compared to a current price of HK$0.05 — trading 75% below its estimated fair value. The current Scaled Net Operating Assets is 1.05. 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 V.S. International Group (HKSE:01002), the current Scaled Net Operating Assets is 1.05 as of Jun. 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.

V.S. International Group Business Description

Address 1 Connaught Place, 40th Floor, Jardine House, Central, Hong kong, HKG
V.S. International Group Ltd is an investment holding company. It is engaged in the plastic injection and moulding business. It operates in three segments. The Plastic injection and moulding segment, which is the key revenue driver, manufactures and sells plastic moulded products and parts; the Assembling of electronic products segment assembles and sells electronic products, this segment also includes processing fees generated from assembling electronic products; the Mould design and fabrication segment manufactures and sells plastic injection moulds.