Sterling Group Holdings (HKSE:01825) Scaled Net Operating Assets: 0.06 (As of Mar. 2026)

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:01825 Sterling Group Holdings Ltd HKSE:01825
45 GF Score
Price HK$8.08
GF Value HK$0.52
! 8 Warning Signs
View Full Analysis

What is Sterling Group Holdings Scaled Net Operating Assets?

Sterling Group Holdings HKSE:01825 +1.38% 45 Scaled Net Operating Assets is 0.06 as of Mar. 2026. GuruFocus rates HKSE:01825 with a GF Score™ of 45/100 and a GF Value™ of HK$0.52. The stock has 8 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.

Sterling Group Holdings's operating assets for the quarter that ended in Mar. 2026 was HK$192.5 Mil. Sterling Group Holdings's operating liabilities for the quarter that ended in Mar. 2026 was HK$178.2 Mil. Sterling Group Holdings's Total Assets for the quarter that ended in Sep. 2025 was HK$232.8 Mil. Therefore, Sterling Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.06.


Sterling Group Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Sterling Group 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.

Sterling Group Holdings Scaled Net Operating Assets Chart

Sterling Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.55 0.65 0.39 0.06

Sterling Group Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.68 0.36 0.41 0.30 0.06

HKSE:01825 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Sterling Group 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.


Sterling Group Holdings Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sterling Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Sterling Group Holdings's Scaled Net Operating Assets falls into.


HKSE:01825
45GF Score
Sterling Group Holdings Ltd HKSE:01825
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sterling Group Holdings 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.

Sterling Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(192.498-178.179)/250.253
=0.06

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=218.547 - 26.049
=192.498

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=244.347 - 8.745 - 57.423
=178.179

Sterling Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(192.498-178.179)/232.756
=0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=218.547 - 26.049
=192.498

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=244.347 - 8.745 - 57.423
=178.179

* 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 0.06 mean?
Sterling Group Holdings (HKSE:01825) has a Scaled Net Operating Assets of 0.06 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 Sterling Group Holdings and its competitors.
Is Sterling Group Holdings' Scaled Net Operating Assets too high?
Sterling Group Holdings' current Scaled Net Operating Assets is 0.06. Overall, Sterling Group Holdings has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Sterling Group Holdings' Scaled Net Operating Assets compare to RL and LEVI?
Sterling Group Holdings' Scaled Net Operating Assets of 0.06 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Sterling Group Holdings and its competitors. Sterling Group Holdings's current Scaled Net Operating Assets is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sterling Group Holdings stock overvalued right now?
Sterling Group Holdings (HKSE:01825) has a current Scaled Net Operating Assets of 0.06. The stock's GF Value™ is HK$0.52, compared to a current price of HK$8.08 — trading 1453.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.06. Sterling Group Holdings' overall GF Score™ is 45/100 with 8 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 Sterling Group Holdings (HKSE:01825), the current Scaled Net Operating Assets is 0.06 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.

Is Sterling Group Holdings (HKSE:01825) Overvalued in 2026?

Based on GuruFocus' analysis, Sterling Group Holdings stock appears to be overvalued. The current stock price of HK$8.08 is trading 1453.8% above its estimated GF Value™ of HK$0.52.

Key valuation signals for HKSE:01825:

  • Scaled Net Operating Assets: 0.06
  • GF Value™: HK$0.52 vs. price of HK$8.08 (1453.8% above fair value)
  • GF Score™: 45/100 with 8 warning signs

No single metric tells the full story. See the HKSE:01825 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sterling Group Holdings Business Description

Address 9 Sheung Hei Street, 18th - 19th Floor, Win Plaza, San Po Kong, Kowloon, Hong Kong, HKG
Sterling Group Holdings Ltd is an apparel manufacturer headquartered in Hong Kong, providing a one-stop apparel manufacturing solution for its customers. The Group manufactures a wide range of apparel products such as outerwear, bottoms, tops, and other products. The company operates through two segments: Manufacturing and trading of apparel products, and Licensing of trademarks for licensing income. It generates the majority of its revenue from the Manufacturing and trading of apparel products. Its geographic areas are Hong Kong, the United States, and Others. The group generates the majority of its revenue from the United States.
45GF Score

Get the complete analysis for HKSE:01825

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

HK$8.08
Price
HK$0.52
GF Value