Redsun Properties Group (HKSE:01996) Scaled Net Operating Assets: 0.42 (As of Dec. 2025)

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What is Redsun Properties Group Scaled Net Operating Assets?

Redsun Properties Group HKSE:01996 -20.69% Scaled Net Operating Assets is 0.42 as of Dec. 2025. The stock has 5 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.

Redsun Properties Group's operating assets for the quarter that ended in Dec. 2025 was HK$55,629 Mil. Redsun Properties Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$30,776 Mil. Redsun Properties Group's Total Assets for the quarter that ended in Jun. 2025 was HK$59,358 Mil. Therefore, Redsun Properties Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.42.

Redsun Properties Group Scaled Net Operating Assets Historical Data

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The historical data trend for Redsun Properties 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.

Redsun Properties Group Scaled Net Operating Assets Chart

Redsun Properties Group 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 0.46 0.32 0.35 0.37 0.39

Redsun Properties Group Semi-Annual Data
Dec15 Dec16 Jun17 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 Premium Member Only 0.38 0.42 0.42 0.43 0.42

Redsun Properties Group Scaled Net Operating Assets Competitor Comparison

For the Real Estate - Development subindustry, Redsun Properties 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.

Redsun Properties Group Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Redsun Properties Group's Scaled Net Operating Assets distribution charts can be found below:

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


Redsun Properties 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.

Redsun Properties Group'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 )
=(55629.458-30775.873)/64066.062
=0.39

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55915.012 - 285.554
=55629.458

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53715.218 - 3635.383 - 19303.962
=30775.873

Redsun Properties Group'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 )
=(55629.458-30775.873)/59357.569
=0.42

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55915.012 - 285.554
=55629.458

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53715.218 - 3635.383 - 19303.962
=30775.873

* 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 0.42 mean?
Redsun Properties Group (HKSE:01996) has a Scaled Net Operating Assets of 0.42 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 Redsun Properties Group and its competitors.
Is Redsun Properties Group's Scaled Net Operating Assets too high?
Redsun Properties Group's current Scaled Net Operating Assets is 0.42.
How does Redsun Properties Group's Scaled Net Operating Assets compare to competitors?
Redsun Properties Group's Scaled Net Operating Assets of 0.42 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Redsun Properties Group and its competitors. Redsun Properties Group's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redsun Properties Group stock overvalued right now?
Based on GuruFocus' analysis, Redsun Properties Group (HKSE:01996) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading 15% above its estimated fair value. The current Scaled Net Operating Assets is 0.42. 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 Redsun Properties Group (HKSE:01996), the current Scaled Net Operating Assets is 0.42 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.

Redsun Properties Group Business Description

Other Exchanges 0RJ:Germany
Address Daqiao North Road, No. 9, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN, 210000
Redsun Properties Group Ltd is a comprehensive property developer with a key focus on the Yangtze River Delta Region and a dual-driven synergic development in property development and commercial real estate. It focuses on the development of residential properties and commercial property investment and operations. The Group's reportable operating segments are: Property development and management services, which derive maximum revenue, Commercial property investment and operations, and Hotel operations. Geographically, its operations are mainly conducted in Mainland China.