Standard Development Group (HKSE:01867) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)

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HKSE:01867 Standard Development Group Ltd HKSE:01867
41 GF Score
Price HK$0.23
GF Value HK$0.09
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Standard Development Group Scaled Net Operating Assets?

Standard Development Group HKSE:01867 41 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates HKSE:01867 with a GF Score™ of 41/100 and a GF Value™ of HK$0.09 (Significantly Overvalued). The stock has 11 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.

Standard Development Group's operating assets for the quarter that ended in Mar. 2026 was HK$391.8 Mil. Standard Development Group's operating liabilities for the quarter that ended in Mar. 2026 was HK$107.4 Mil. Standard Development Group's Total Assets for the quarter that ended in Sep. 2025 was HK$388.2 Mil. Therefore, Standard Development Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Standard Development Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Standard Development 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.

Standard Development Group Scaled Net Operating Assets Chart

Standard Development Group 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 0.19 0.13 0.75 0.86 0.75

Standard Development Group Semi-Annual Data
Sep16 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 0.96 0.92 0.66 0.73 0.73

HKSE:01867 vs VRSK, EFX, BAH: Scaled Net Operating Assets Comparison

For the Consulting Services subindustry, Standard Development 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.


Standard Development Group Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Standard Development Group's Scaled Net Operating Assets distribution charts can be found below:

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


HKSE:01867
41GF Score
Standard Development Group Ltd HKSE:01867
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Standard Development Group 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.

Standard Development Group'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 )
=(391.848-107.38)/380.555
=0.75

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=428.925 - 37.077
=391.848

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=343.059 - 140.717 - 94.962
=107.38

Standard Development Group'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 )
=(391.848-107.38)/388.246
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=428.925 - 37.077
=391.848

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=343.059 - 140.717 - 94.962
=107.38

* 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 0.73 mean?
Standard Development Group (HKSE:01867) has a Scaled Net Operating Assets of 0.73 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 Standard Development Group and its competitors.
Is Standard Development Group's Scaled Net Operating Assets too high?
Standard Development Group's current Scaled Net Operating Assets is 0.73. Overall, Standard Development Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Standard Development Group's Scaled Net Operating Assets compare to VRSK and EFX?
Standard Development Group's Scaled Net Operating Assets of 0.73 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 Standard Development Group and its competitors. Standard Development Group's current Scaled Net Operating Assets is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Development Group stock overvalued right now?
Based on GuruFocus' analysis, Standard Development Group (HKSE:01867) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.23 — trading 154.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.73. Standard Development Group's overall GF Score™ is 41/100 with 11 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 Standard Development Group (HKSE:01867), the current Scaled Net Operating Assets is 0.73 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 Standard Development Group (HKSE:01867) Overvalued in 2026?

Based on GuruFocus' analysis, Standard Development Group stock appears to be overvalued. The current stock price of HK$0.23 is trading 154.4% above its estimated GF Value™ of HK$0.09. GuruFocus considers Standard Development Group to be Significantly Overvalued.

Key valuation signals for HKSE:01867:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: HK$0.09 vs. price of HK$0.23 (154.4% above fair value)
  • GF Score™: 41/100 with 11 warning signs

No single metric tells the full story. See the HKSE:01867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Standard Development Group Business Description

Address 183 Queen’s Road Central, Room 1409-10, 14Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG
Standard Development Group Ltd is engaged in construction and engineering-related businesses, including interior fitting-out and renovation services, alteration, and addition work for properties, and petroleum trading and farming businesses. The company's reportable segment includes the Construction and engineering-related business, Petroleum business, Farming business and Bio-energy business. The majority of its revenue comes from the Petroleum business segment which engaged in the Construction and engineering related business.
41GF Score

Get the complete analysis for HKSE:01867

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

HK$0.23
Price
HK$0.09
GF Value