Heng Hup Holdings (HKSE:01891) Scaled Net Operating Assets: 0.80 (As of Dec. 2025)

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HKSE:01891 Heng Hup Holdings Ltd HKSE:01891
62 GF Score
Price HK$0.16
GF Value HK$0.15
Valuation Fairly Valued
! 3 Warning Signs
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What is Heng Hup Holdings Scaled Net Operating Assets?

Heng Hup Holdings HKSE:01891 -0.63% 62 Scaled Net Operating Assets is 0.80 as of Dec. 2025. GuruFocus rates HKSE:01891 with a GF Score™ of 62/100 and a GF Value™ of HK$0.15 (Fairly Valued). The stock has 3 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.

Heng Hup Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$640 Mil. Heng Hup Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$79 Mil. Heng Hup Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$704 Mil. Therefore, Heng Hup Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.80.


Heng Hup Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Heng Hup 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.

Heng Hup Holdings Scaled Net Operating Assets Chart

Heng Hup Holdings 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 0.91 0.79 1.02 0.76 0.85

Heng Hup Holdings Semi-Annual Data
Dec15 Dec16 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 0.94 0.76 0.72 0.84 0.80

HKSE:01891 vs ATI, CRS, MLI: Scaled Net Operating Assets Comparison

For the Metal Fabrication subindustry, Heng Hup 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.


Heng Hup Holdings Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heng Hup Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


HKSE:01891
62GF Score
Heng Hup Holdings Ltd HKSE:01891
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Heng Hup 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.

Heng Hup Holdings'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 )
=(639.789-78.6)/663.223
=0.85

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=734.283 - 94.494
=639.789

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=266.965 - 30.697 - 157.668
=78.6

Heng Hup Holdings'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 )
=(639.789-78.6)/703.739
=0.80

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=734.283 - 94.494
=639.789

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=266.965 - 30.697 - 157.668
=78.6

* 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 0.80 mean?
Heng Hup Holdings (HKSE:01891) has a Scaled Net Operating Assets of 0.80 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 Heng Hup Holdings and its competitors.
Is Heng Hup Holdings' Scaled Net Operating Assets too high?
Heng Hup Holdings' current Scaled Net Operating Assets is 0.80. Overall, Heng Hup Holdings has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heng Hup Holdings' Scaled Net Operating Assets compare to ATI and CRS?
Heng Hup Holdings' Scaled Net Operating Assets of 0.80 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 Heng Hup Holdings and its competitors. Heng Hup Holdings's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heng Hup Holdings stock overvalued right now?
Based on GuruFocus' analysis, Heng Hup Holdings (HKSE:01891) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.15, compared to a current price of HK$0.16 — trading 6% above its estimated fair value. The current Scaled Net Operating Assets is 0.80. Heng Hup Holdings' overall GF Score™ is 62/100 with 3 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 Heng Hup Holdings (HKSE:01891), the current Scaled Net Operating Assets is 0.80 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 Heng Hup Holdings (HKSE:01891) Overvalued in 2026?

Based on GuruFocus' analysis, Heng Hup Holdings stock appears to be overvalued. The current stock price of HK$0.16 is trading 6% above its estimated GF Value™ of HK$0.15. GuruFocus considers Heng Hup Holdings to be Fairly Valued.

Key valuation signals for HKSE:01891:

  • Scaled Net Operating Assets: 0.80
  • GF Value™: HK$0.15 vs. price of HK$0.16 (6% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the HKSE:01891 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heng Hup Holdings Business Description

Address Jalan PJU 1A/7A, A-10-09, Oasis Square, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
Heng Hup Holdings Ltd is engaged in the trading of recycling materials in Malaysia. The group trades scrap ferrous metals, used batteries, waste paper, iron ore, and other recyclable materials, and also provides logistics services. The group has one operating segment, namely the trading of recycling materials, which contributes the majority of its revenue. Geographically, it derives revenue from Malaysia.
62GF Score

Get the complete analysis for HKSE:01891

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

HK$0.16
Price
HK$0.15
GF Value