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.
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.
Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Wang On Group's operating assets for the quarter that ended in Mar. 2026 was HK$10,783 Mil. Wang On Group's operating liabilities for the quarter that ended in Mar. 2026 was HK$1,590 Mil. Wang On Group's Total Assets for the quarter that ended in Sep. 2025 was HK$12,709 Mil. Therefore, Wang On Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.72.
Wang On Group Scaled Net Operating Assets Related Terms
Wang On Group Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Wang On 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.
HKSE:01222 vs MMM, HON: Scaled Net Operating Assets Comparison
For the Conglomerates subindustry, Wang On 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.
Wang On Group Scaled Net Operating Assets vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Wang On Group's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Wang On Group's Scaled Net Operating Assets falls into.
* 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 0.72 mean?
Wang On Group (HKSE:01222) has a Scaled Net Operating Assets of 0.72 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 Wang On Group and its competitors.
Is Wang On Group's Scaled Net Operating Assets too high?
Wang On Group's current Scaled Net Operating Assets is 0.72.
How does Wang On Group's Scaled Net Operating Assets compare to MMM and HON?
Wang On Group's Scaled Net Operating Assets of 0.72 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Wang On Group and its competitors. Wang On Group's current Scaled Net Operating Assets is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wang On Group stock overvalued right now?
Based on GuruFocus' analysis, Wang On Group (HKSE:01222) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.02 — trading 30% below its estimated fair value. The current Scaled Net Operating Assets is 0.72. 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 Wang On Group (HKSE:01222), the current Scaled Net Operating Assets is 0.72 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.
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01222 has been successfully added to your 
