Dragon Mining (HKSE:01712) Scaled Net Operating Assets: 0.28 (As of Jun. 2026)

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HKSE:01712 Dragon Mining Ltd HKSE:01712
73 GF Score
Price HK$7.44
GF Value HK$5.52
Valuation Significantly Overvalued
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What is Dragon Mining Scaled Net Operating Assets?

Dragon Mining HKSE:01712 73 Scaled Net Operating Assets is 0.28 as of Jun. 2026. GuruFocus rates HKSE:01712 with a GF Score™ of 73/100 and a GF Value™ of HK$5.52 (Significantly Overvalued).

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Dragon Mining's operating assets for the quarter that ended in Jun. 2026 was HK$807 Mil. Dragon Mining's operating liabilities for the quarter that ended in Jun. 2026 was HK$453 Mil. Dragon Mining's Total Assets for the quarter that ended in Dec. 2025 was HK$1,271 Mil. Therefore, Dragon Mining's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.28.


Dragon Mining Scaled Net Operating Assets Historical Data

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The historical data trend for Dragon Mining'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.

Dragon Mining Scaled Net Operating Assets Chart

Dragon Mining 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 0.61 0.51 0.47 0.36 0.82

Dragon Mining Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.42 0.38 0.55 0.64 0.28

HKSE:01712 vs NEM, AU, RGLD: Scaled Net Operating Assets Comparison

For the Gold subindustry, Dragon Mining'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.


Dragon Mining Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dragon Mining's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Dragon Mining's Scaled Net Operating Assets falls into.


HKSE:01712
73GF Score
Dragon Mining Ltd HKSE:01712
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dragon Mining 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.

Dragon Mining'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 )
=(861.818-324.338)/652.651
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1271.222 - 409.404
=861.818

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=326.096 - 0.946 - 0.812
=324.338

Dragon Mining's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Dec. 2025 )
=(806.634-452.719)/1271.222
=0.28

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1754.07 - 947.436
=806.634

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=454.691 - 0.942 - 1.03
=452.719

* 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 0.28 mean?
Dragon Mining (HKSE:01712) has a Scaled Net Operating Assets of 0.28 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Dragon Mining and its competitors.
Is Dragon Mining's Scaled Net Operating Assets too high?
Dragon Mining's current Scaled Net Operating Assets is 0.28. Overall, Dragon Mining has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dragon Mining's Scaled Net Operating Assets compare to NEM and AU?
Dragon Mining's Scaled Net Operating Assets of 0.28 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Dragon Mining and its competitors. Dragon Mining's current Scaled Net Operating Assets is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragon Mining stock overvalued right now?
Based on GuruFocus' analysis, Dragon Mining (HKSE:01712) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$5.52, compared to a current price of HK$7.44 — trading 34.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.28. Dragon Mining's overall GF Score™ is 73/100. 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 Dragon Mining (HKSE:01712), the current Scaled Net Operating Assets is 0.28 as of Jun. 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 Dragon Mining (HKSE:01712) Overvalued in 2026?

Based on GuruFocus' analysis, Dragon Mining stock appears to be overvalued. The current stock price of HK$7.44 is trading 34.8% above its estimated GF Value™ of HK$5.52. GuruFocus considers Dragon Mining to be Significantly Overvalued.

Key valuation signals for HKSE:01712:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: HK$5.52 vs. price of HK$7.44 (34.8% above fair value)
  • GF Score™: 73/100

No single metric tells the full story. See the HKSE:01712 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dragon Mining Business Description

Address 77 South Perth Esplanade, Echelon Building, Unit 202, Level 2, South Perth, Perth, WA, AUS, 6151
Dragon Mining Ltd is principally engaged in gold exploration, mining, and processing in the Nordic region. The company's segments include Sweden that produces gold bullion from the processing of Vammala flotation concentrate and a toll treatment arrangement at the Svartliden Production Centre; and Finland produces gold concentrate from the Vammala Production Centre. It derives the majority of the revenue from Sweden segment. Its project portfolio includes Jokisivu Gold Mine, Kaapelinkulma Gold Mine, Orivesi Gold Mine, Uunimaki Gold Project, Faboliden Gold Mine, and Svartliden Gold Mine.
73GF Score

Get the complete analysis for HKSE:01712

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

HK$7.44
Price
HK$5.52
GF Value