Grace Life tech Holdings (HKSE:02112) Scaled Net Operating Assets: -0.41 (As of Dec. 2025)

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What is Grace Life tech Holdings Scaled Net Operating Assets?

Grace Life tech Holdings HKSE:02112 +8.57% Scaled Net Operating Assets is -0.41 as of Dec. 2025. The stock has 4 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.

Grace Life tech Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$584.7 Mil. Grace Life tech Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$846.9 Mil. Grace Life tech Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$636.8 Mil. Therefore, Grace Life tech Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.41.


Grace Life tech Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Grace Life tech 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.

Grace Life tech Holdings Scaled Net Operating Assets Chart

Grace Life tech 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 0.35 0.18 0.01 -0.32 -0.42

Grace Life tech Holdings Semi-Annual Data
Jun16 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 0.01 -0.02 -0.32 -0.34 -0.41

HKSE:02112 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison

For the Steel subindustry, Grace Life tech 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.


Grace Life tech Holdings Scaled Net Operating Assets vs Steel Industry

For the Steel industry and Basic Materials sector, Grace Life tech Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Grace Life tech Holdings's Scaled Net Operating Assets falls into.



Grace Life tech 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.

Grace Life tech 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 )
=(584.743-846.862)/620.341
=-0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=587.536 - 2.793
=584.743

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2000.693 - 5.081 - 1148.75
=846.862

Grace Life tech 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 )
=(584.743-846.862)/636.788
=-0.41

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=587.536 - 2.793
=584.743

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2000.693 - 5.081 - 1148.75
=846.862

* 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 -0.41 mean?
Grace Life tech Holdings (HKSE:02112) has a Scaled Net Operating Assets of -0.41 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 Grace Life tech Holdings and its competitors.
Is Grace Life tech Holdings' Scaled Net Operating Assets too high?
Grace Life tech Holdings' current Scaled Net Operating Assets is -0.41.
How does Grace Life tech Holdings' Scaled Net Operating Assets compare to NUE and STLD?
Grace Life tech Holdings' Scaled Net Operating Assets of -0.41 can be compared against companies in the Steel 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 Steel company?
A good Scaled Net Operating Assets depends on the Steel 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 Grace Life tech Holdings and its competitors. Grace Life tech Holdings's current Scaled Net Operating Assets is -0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grace Life tech Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grace Life tech Holdings (HKSE:02112) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.04 — trading 57.8% below its estimated fair value. The current Scaled Net Operating Assets is -0.41. 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 Grace Life tech Holdings (HKSE:02112), the current Scaled Net Operating Assets is -0.41 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.

Grace Life tech Holdings Business Description

Address Lot 22, D&E, Level 22, Menara Zenith Putra Square, MSC Kuantan, Kuantan, PHG, MYS, 25200
Grace Life tech Holdings Ltd is engaged in iron ore exploration, mining, crushing, and beneficiation as well as the sale of iron ore products in the form of iron ore concentrates and iron ore fines. The company's segments are the Iron ore mining and processing operation segment, Health product trade segment, Commercial trade segments, and others. It generates the majority of its revenue from the Health product trade segment which includes the trading of health products. It has geographical markets in the PRC, Hong Kong, Malaysia, and others.