Lerado Financial Group Co (HKSE:01225) Scaled Net Operating Assets: 0.25 (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:01225 Lerado Financial Group Co Ltd HKSE:01225
33 GF Score
Price HK$0.24
GF Value HK$0.10
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Lerado Financial Group Co Scaled Net Operating Assets?

Lerado Financial Group Co HKSE:01225 33 Scaled Net Operating Assets is 0.25 as of Dec. 2025. GuruFocus rates HKSE:01225 with a GF Score™ of 33/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). 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.

Lerado Financial Group Co's operating assets for the quarter that ended in Dec. 2025 was HK$363.8 Mil. Lerado Financial Group Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$218.2 Mil. Lerado Financial Group Co's Total Assets for the quarter that ended in Jun. 2025 was HK$571.7 Mil. Therefore, Lerado Financial Group Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.25.


Lerado Financial Group Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lerado Financial Group Co'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.

Lerado Financial Group Co Scaled Net Operating Assets Chart

Lerado Financial Group Co 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 0.73 0.59 0.56 0.29 0.18

Lerado Financial Group Co 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 0.55 0.61 0.32 0.21 0.26

HKSE:01225 vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Lerado Financial Group Co'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.


Lerado Financial Group Co Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lerado Financial Group Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Lerado Financial Group Co's Scaled Net Operating Assets falls into.


HKSE:01225
33GF Score
Lerado Financial Group Co Ltd HKSE:01225
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lerado Financial Group 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.

Lerado Financial Group Co'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 )
=(363.757-218.169)/824.714
=0.18

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=602.22 - 238.463
=363.757

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=268.561 - 0.185 - 50.207
=218.169

Lerado Financial Group Co'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 )
=(363.757-218.169)/571.749
=0.25

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=602.22 - 238.463
=363.757

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=268.561 - 0.185 - 50.207
=218.169

* 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 0.25 mean?
Lerado Financial Group Co (HKSE:01225) has a Scaled Net Operating Assets of 0.25 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 Lerado Financial Group Co and its competitors.
Is Lerado Financial Group Co's Scaled Net Operating Assets too high?
Lerado Financial Group Co's current Scaled Net Operating Assets is 0.25. Overall, Lerado Financial Group Co has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lerado Financial Group Co's Scaled Net Operating Assets compare to MS and GS?
Lerado Financial Group Co's Scaled Net Operating Assets of 0.25 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Lerado Financial Group Co and its competitors. Lerado Financial Group Co's current Scaled Net Operating Assets is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lerado Financial Group Co stock overvalued right now?
Based on GuruFocus' analysis, Lerado Financial Group Co (HKSE:01225) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.24 — trading 136% above its estimated fair value. The current Scaled Net Operating Assets is 0.25. Lerado Financial Group Co's overall GF Score™ is 33/100 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 Lerado Financial Group Co (HKSE:01225), the current Scaled Net Operating Assets is 0.25 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 Lerado Financial Group Co (HKSE:01225) Overvalued in 2026?

Based on GuruFocus' analysis, Lerado Financial Group Co stock appears to be overvalued. The current stock price of HK$0.24 is trading 136% above its estimated GF Value™ of HK$0.10. GuruFocus considers Lerado Financial Group Co to be Significantly Overvalued.

Key valuation signals for HKSE:01225:

  • Scaled Net Operating Assets: 0.25
  • GF Value™: HK$0.10 vs. price of HK$0.24 (136% above fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the HKSE:01225 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lerado Financial Group Co Business Description

Address 59-67 Bonham Strand West, Flat F&G, 4th Floor., Golden Sun Centre, Sheung Wan, Hong Kong, HKG
Lerado Financial Group Co Ltd is an investment holding company. It is engaged in financial services, including securities broking, margin financing, and money lending, as well as manufacturing and distributing children's plastic toys and medical care products like mobility aids and other medical equipment. The group's operating segments are the Medical products and plastic toys business, Securities brokerage business and asset management services, and Money lending business and other financial services. It derives key revenue from the Medical products and plastic toys business segment, which involves the manufacturing and distribution of medical care products and plastic toys. It has a business presence in Hong Kong, Europe, the U.S., the PRC, Australia, South America, and other countries.
33GF Score

Get the complete analysis for HKSE:01225

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

HK$0.24
Price
HK$0.10
GF Value