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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
HKE Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$105.6 Mil. HKE Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$47.2 Mil. HKE Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$271.6 Mil. Therefore, HKE Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.21.
HKE Holdings Scaled Net Operating Assets Related Terms
HKE Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for HKE Holdings'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:01726 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison
For the Engineering & Construction subindustry, HKE Holdings'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.
HKE Holdings Scaled Net Operating Assets vs Construction Industry
For the Construction industry and Industrials sector, HKE Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where HKE Holdings'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 0.21 mean?
HKE Holdings (HKSE:01726) has a Scaled Net Operating Assets of 0.21 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 HKE Holdings and its competitors.
Is HKE Holdings' Scaled Net Operating Assets too high?
HKE Holdings' current Scaled Net Operating Assets is 0.21. Overall, HKE Holdings has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HKE Holdings' Scaled Net Operating Assets compare to PWR and FIX?
HKE Holdings' Scaled Net Operating Assets of 0.21 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 HKE Holdings and its competitors. HKE Holdings's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HKE Holdings stock overvalued right now?
Based on GuruFocus' analysis, HKE Holdings (HKSE:01726) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.60, compared to a current price of HK$0.96 — trading 63.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.21. HKE Holdings' overall GF Score™ is 59/100 with 6 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 HKE Holdings (HKSE:01726), the current Scaled Net Operating Assets is 0.21 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 HKE Holdings (HKSE:01726) Overvalued in 2026?
Based on GuruFocus' analysis, HKE Holdings stock appears to be undervalued.
The current stock price of HK$0.96 is trading 63.1% below its estimated GF Value™ of HK$2.60.
GuruFocus considers HKE Holdings to be Possible Value Trap.
Key valuation signals for HKSE:01726:
Scaled Net Operating Assets: 0.21
GF Value™: HK$2.60 vs. price of HK$0.96 (63.1% below fair value)
No single metric tells the full story. See the HKSE:01726 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HKE Holdings Ltd is a Singapore-based contractor specializing in the medical and healthcare sectors with expertise in performing radiation shielding works. It mainly provides integrated design and building services for hospitals and clinics in Singapore. The company's Four operating segments include: Engineering Business segment which engaged in the provision of integrated design and building services, maintenance and other services as well as sales of tools and materials; Fintech platform segment in provision of virtual assets trading platform services; Investment holding segment and Trading and Asset Management Business segment which engaged in trading of derivatives and provision of advisory and asset management services. The majority of Revenue is from the Engineering Business.
59GF Score
Get the complete analysis for HKSE:01726
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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