Kato (Hong Kong) Holdings (HKSE:02189) Scaled Net Operating Assets: 0.85 (As of Mar. 2026)

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HKSE:02189 Kato (Hong Kong) Holdings Ltd HKSE:02189
61 GF Score
Price HK$0.49
GF Value HK$0.53
Valuation Fairly Valued
! 6 Warning Signs
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What is Kato (Hong Kong) Holdings Scaled Net Operating Assets?

Kato (Hong Kong) Holdings HKSE:02189 61 Scaled Net Operating Assets is 0.85 as of Mar. 2026. GuruFocus rates HKSE:02189 with a GF Score™ of 61/100 and a GF Value™ of HK$0.53 (Fairly Valued). The stock has 6 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.

Kato (Hong Kong) Holdings's operating assets for the quarter that ended in Mar. 2026 was HK$710.9 Mil. Kato (Hong Kong) Holdings's operating liabilities for the quarter that ended in Mar. 2026 was HK$38.5 Mil. Kato (Hong Kong) Holdings's Total Assets for the quarter that ended in Sep. 2025 was HK$791.4 Mil. Therefore, Kato (Hong Kong) Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.85.


Kato (Hong Kong) Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kato (Hong Kong) 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.

Kato (Hong Kong) Holdings Scaled Net Operating Assets Chart

Kato (Hong Kong) Holdings 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 0.89 0.92 1.07 0.84 0.83

Kato (Hong Kong) Holdings Semi-Annual Data
Mar16 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 Premium Member Only 1.08 0.87 0.86 0.87 0.85

HKSE:02189 vs HCA, THC, DVA: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, Kato (Hong Kong) 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.


Kato (Hong Kong) Holdings Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kato (Hong Kong) Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Kato (Hong Kong) Holdings's Scaled Net Operating Assets falls into.


HKSE:02189
61GF Score
Kato (Hong Kong) Holdings Ltd HKSE:02189
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kato (Hong Kong) 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.

Kato (Hong Kong) Holdings'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 )
=(710.896-38.527)/809.566
=0.83

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=772.599 - 61.703
=710.896

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=312.203 - 218.44 - 55.236
=38.527

Kato (Hong Kong) Holdings'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 )
=(710.896-38.527)/791.443
=0.85

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=772.599 - 61.703
=710.896

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=312.203 - 218.44 - 55.236
=38.527

* 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 0.85 mean?
Kato (Hong Kong) Holdings (HKSE:02189) has a Scaled Net Operating Assets of 0.85 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 Kato (Hong Kong) Holdings and its competitors.
Is Kato (Hong Kong) Holdings' Scaled Net Operating Assets too high?
Kato (Hong Kong) Holdings' current Scaled Net Operating Assets is 0.85. Overall, Kato (Hong Kong) Holdings has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kato (Hong Kong) Holdings' Scaled Net Operating Assets compare to HCA and THC?
Kato (Hong Kong) Holdings' Scaled Net Operating Assets of 0.85 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & 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 Kato (Hong Kong) Holdings and its competitors. Kato (Hong Kong) Holdings's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kato (Hong Kong) Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kato (Hong Kong) Holdings (HKSE:02189) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.53, compared to a current price of HK$0.49 — trading 7.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. Kato (Hong Kong) Holdings' overall GF Score™ is 61/100 with 6 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 Kato (Hong Kong) Holdings (HKSE:02189), the current Scaled Net Operating Assets is 0.85 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 Kato (Hong Kong) Holdings (HKSE:02189) Overvalued in 2026?

Based on GuruFocus' analysis, Kato (Hong Kong) Holdings stock appears to be undervalued. The current stock price of HK$0.49 is trading 7.5% below its estimated GF Value™ of HK$0.53. GuruFocus considers Kato (Hong Kong) Holdings to be Fairly Valued.

Key valuation signals for HKSE:02189:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: HK$0.53 vs. price of HK$0.49 (7.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kato (Hong Kong) Holdings Business Description

Address No. 3 Tsing Ling Path, 1st Floor, Tung Wai Court, Tuen Mun, New Territories, Hong Kong, HKG
Kato (Hong Kong) Holdings Ltd is an established operator of residential care homes and daycare services for the elderly in Hong Kong. The company offers a wide range of residential care services for the elderly including; the provision of accommodation, professional nursing and care-taking services, nutritional management, medical services, physiotherapy and occupational therapy services, individual care plans and recreational services, and the sale of healthcare and medical goods and the provision of additional healthcare services to residents.
61GF Score

Get the complete analysis for HKSE:02189

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

HK$0.49
Price
HK$0.53
GF Value