Kaisa Prosperity Holdings (HKSE:02168) Scaled Net Operating Assets: 0.40 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02168 Kaisa Prosperity Holdings Ltd HKSE:02168
77 GF Score
Price HK$0.87
GF Value HK$1.61
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Kaisa Prosperity Holdings Scaled Net Operating Assets?

Kaisa Prosperity Holdings HKSE:02168 -3.33% 77 Scaled Net Operating Assets is 0.40 as of Dec. 2025. GuruFocus rates HKSE:02168 with a GF Score™ of 77/100 and a GF Value™ of HK$1.61 (Possible Value Trap). 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.

Kaisa Prosperity Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$1,790 Mil. Kaisa Prosperity Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$960 Mil. Kaisa Prosperity Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$2,055 Mil. Therefore, Kaisa Prosperity Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.40.


Kaisa Prosperity Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kaisa Prosperity 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.

Kaisa Prosperity Holdings Scaled Net Operating Assets Chart

Kaisa Prosperity 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 0.50 0.48 0.29 0.38 0.42

Kaisa Prosperity Holdings 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 0.31 0.41 0.38 0.46 0.40

HKSE:02168 vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, Kaisa Prosperity 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.


Kaisa Prosperity Holdings Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kaisa Prosperity Holdings's Scaled Net Operating Assets distribution charts can be found below:

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


HKSE:02168
77GF Score
Kaisa Prosperity Holdings Ltd HKSE:02168
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaisa Prosperity 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.

Kaisa Prosperity 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 )
=(1790.257-960.142)/1955.979
=0.42

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2026.744 - 236.487
=1790.257

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=962.712 - 0.622 - 1.948
=960.142

Kaisa Prosperity 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 )
=(1790.257-960.142)/2055.375
=0.40

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2026.744 - 236.487
=1790.257

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=962.712 - 0.622 - 1.948
=960.142

* 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 0.40 mean?
Kaisa Prosperity Holdings (HKSE:02168) has a Scaled Net Operating Assets of 0.40 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 Kaisa Prosperity Holdings and its competitors.
Is Kaisa Prosperity Holdings' Scaled Net Operating Assets too high?
Kaisa Prosperity Holdings' current Scaled Net Operating Assets is 0.40. Overall, Kaisa Prosperity Holdings has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaisa Prosperity Holdings' Scaled Net Operating Assets compare to CBRE and BEKE?
Kaisa Prosperity Holdings' Scaled Net Operating Assets of 0.40 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 Kaisa Prosperity Holdings and its competitors. Kaisa Prosperity Holdings's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaisa Prosperity Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kaisa Prosperity Holdings (HKSE:02168) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.61, compared to a current price of HK$0.87 — trading 46% below its estimated fair value. The current Scaled Net Operating Assets is 0.40. Kaisa Prosperity Holdings' overall GF Score™ is 77/100 with 4 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 Kaisa Prosperity Holdings (HKSE:02168), the current Scaled Net Operating Assets is 0.40 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 Kaisa Prosperity Holdings (HKSE:02168) Overvalued in 2026?

Based on GuruFocus' analysis, Kaisa Prosperity Holdings stock appears to be undervalued. The current stock price of HK$0.87 is trading 46% below its estimated GF Value™ of HK$1.61. GuruFocus considers Kaisa Prosperity Holdings to be Possible Value Trap.

Key valuation signals for HKSE:02168:

  • Scaled Net Operating Assets: 0.40
  • GF Value™: HK$1.61 vs. price of HK$0.87 (46% below fair value)
  • GF Score™: 77/100 with 4 warning signs

No single metric tells the full story. See the HKSE:02168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaisa Prosperity Holdings Business Description

Address 66 Nanyuan Road, Room 507, Block A, Kaisa Center, Futian District, Shenzhen, CHN, 518002
Kaisa Prosperity Holdings Ltd is an investment holding company engaged in the provision of property management and value-added services in China. The Group's revenue mainly comprises property management services, value-added services to property owners, and value-added services to non-property owners. Property management services include services provided to property projects mainly located in Guangdong, Hong Kong, Macau Bay Area, Yangtze River Delta, Bohai Economic Rim, Western China, and Central China. Value-added services to property owners involve community added services, while value-added services to non-property owners include pre-delivery services, consulting services, and smart solution services. Property management services contribute the majority of the Group's revenue.
77GF Score

Get the complete analysis for HKSE:02168

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

HK$0.87
Price
HK$1.61
GF Value