Hong Kong Johnson Holdings Co (HKSE:01955) Scaled Net Operating Assets: 0.28 (As of Mar. 2026)

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HKSE:01955 Hong Kong Johnson Holdings Co Ltd HKSE:01955
61 GF Score
Price HK$0.57
GF Value HK$0.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Hong Kong Johnson Holdings Co Scaled Net Operating Assets?

Hong Kong Johnson Holdings Co HKSE:01955 61 Scaled Net Operating Assets is 0.28 as of Mar. 2026. GuruFocus rates HKSE:01955 with a GF Score™ of 61/100 and a GF Value™ of HK$0.84 (Possible Value Trap). The stock has 7 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.

Hong Kong Johnson Holdings Co's operating assets for the quarter that ended in Mar. 2026 was HK$862 Mil. Hong Kong Johnson Holdings Co's operating liabilities for the quarter that ended in Mar. 2026 was HK$468 Mil. Hong Kong Johnson Holdings Co's Total Assets for the quarter that ended in Sep. 2025 was HK$1,414 Mil. Therefore, Hong Kong Johnson Holdings Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.28.


Hong Kong Johnson Holdings Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Hong Kong Johnson Holdings Co'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.

Hong Kong Johnson Holdings Co Scaled Net Operating Assets Chart

Hong Kong Johnson Holdings Co 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 0.24 0.17 0.21 0.38 0.43

Hong Kong Johnson Holdings Co Semi-Annual Data
Mar17 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 0.22 0.36 0.38 0.80 0.28

HKSE:01955 vs CTAS, CPRT, GPN: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Hong Kong Johnson Holdings Co'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.


Hong Kong Johnson Holdings Co Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Hong Kong Johnson Holdings Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Hong Kong Johnson Holdings Co's Scaled Net Operating Assets falls into.


HKSE:01955
61GF Score
Hong Kong Johnson Holdings Co Ltd HKSE:01955
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hong Kong Johnson Holdings Co 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.

Hong Kong Johnson Holdings Co'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 )
=(862.109-468.46)/922.342
=0.43

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1150.267 - 288.158
=862.109

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=545.408 - 1.825 - 75.123
=468.46

Hong Kong Johnson Holdings Co'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 )
=(862.109-468.46)/1414.306
=0.28

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1150.267 - 288.158
=862.109

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=545.408 - 1.825 - 75.123
=468.46

* 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?
Hong Kong Johnson Holdings Co (HKSE:01955) has a Scaled Net Operating Assets of 0.28 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 Hong Kong Johnson Holdings Co and its competitors.
Is Hong Kong Johnson Holdings Co's Scaled Net Operating Assets too high?
Hong Kong Johnson Holdings Co's current Scaled Net Operating Assets is 0.28. Overall, Hong Kong Johnson Holdings Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Johnson Holdings Co's Scaled Net Operating Assets compare to CTAS and CPRT?
Hong Kong Johnson Holdings Co's Scaled Net Operating Assets of 0.28 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 Hong Kong Johnson Holdings Co and its competitors. Hong Kong Johnson Holdings Co'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 Hong Kong Johnson Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Johnson Holdings Co (HKSE:01955) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.84, compared to a current price of HK$0.57 — trading 32.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.28. Hong Kong Johnson Holdings Co's overall GF Score™ is 61/100 with 7 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 Hong Kong Johnson Holdings Co (HKSE:01955), the current Scaled Net Operating Assets is 0.28 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 Hong Kong Johnson Holdings Co (HKSE:01955) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong Johnson Holdings Co stock appears to be undervalued. The current stock price of HK$0.57 is trading 32.1% below its estimated GF Value™ of HK$0.84. GuruFocus considers Hong Kong Johnson Holdings Co to be Possible Value Trap.

Key valuation signals for HKSE:01955:

  • Scaled Net Operating Assets: 0.28
  • GF Value™: HK$0.84 vs. price of HK$0.57 (32.1% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01955 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hong Kong Johnson Holdings Co Business Description

Address No. 143 Hoi Bun Road, 11th Floor, China Aerospace Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Hong Kong Johnson Holdings Co Ltd is an investment holding company. The company is engaged in providing a wide range of environmental hygiene services in Hong Kong including the provision of building cleaning services, park and recreation center cleaning services, street cleaning services, institutional cleaning services, pest management services, garbage logistics services, and environmental improvement services.
61GF Score

Get the complete analysis for HKSE:01955

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

HK$0.57
Price
HK$0.84
GF Value