Medlive Technology Co (HKSE:02192) Scaled Net Operating Assets: 0.24 (As of Dec. 2025)

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HKSE:02192 Medlive Technology Co Ltd HKSE:02192
90 GF Score
Price HK$7.87
GF Value HK$14.95
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Medlive Technology Co Scaled Net Operating Assets?

Medlive Technology Co HKSE:02192 +0.90% 90 Scaled Net Operating Assets is 0.24 as of Dec. 2025. GuruFocus rates HKSE:02192 with a GF Score™ of 90/100 and a GF Value™ of HK$14.95 (Significantly Undervalued). 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.

Medlive Technology Co's operating assets for the quarter that ended in Dec. 2025 was HK$1,586.8 Mil. Medlive Technology Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$242.8 Mil. Medlive Technology Co's Total Assets for the quarter that ended in Jun. 2025 was HK$5,584.6 Mil. Therefore, Medlive Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.24.


Medlive Technology Co Scaled Net Operating Assets Historical Data

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The historical data trend for Medlive Technology 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.

Medlive Technology Co Scaled Net Operating Assets Chart

Medlive Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.35 0.05 0.05 0.15 0.25

Medlive Technology Co Semi-Annual Data
Dec18 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 0.05 0.18 0.15 0.26 0.24

HKSE:02192 vs VEEV, BTSG, HQY: Scaled Net Operating Assets Comparison

For the Health Information Services subindustry, Medlive Technology 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.


Medlive Technology Co Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medlive Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Medlive Technology Co's Scaled Net Operating Assets falls into.


HKSE:02192
90GF Score
Medlive Technology Co Ltd HKSE:02192
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Medlive Technology 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.

Medlive Technology Co'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 )
=(1586.808-242.818)/5453.864
=0.25

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5697.107 - 4110.299
=1586.808

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=253.986 - 2.435 - 8.733
=242.818

Medlive Technology Co'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 )
=(1586.808-242.818)/5584.624
=0.24

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5697.107 - 4110.299
=1586.808

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=253.986 - 2.435 - 8.733
=242.818

* 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 0.24 mean?
Medlive Technology Co (HKSE:02192) has a Scaled Net Operating Assets of 0.24 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 Medlive Technology Co and its competitors.
Is Medlive Technology Co's Scaled Net Operating Assets too high?
Medlive Technology Co's current Scaled Net Operating Assets is 0.24. Overall, Medlive Technology Co has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Medlive Technology Co's Scaled Net Operating Assets compare to VEEV and BTSG?
Medlive Technology Co's Scaled Net Operating Assets of 0.24 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 Medlive Technology Co and its competitors. Medlive Technology Co's current Scaled Net Operating Assets is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medlive Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Medlive Technology Co (HKSE:02192) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$14.95, compared to a current price of HK$7.87 — trading 47.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.24. Medlive Technology Co's overall GF Score™ is 90/100 with 5 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 Medlive Technology Co (HKSE:02192), the current Scaled Net Operating Assets is 0.24 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 Medlive Technology Co (HKSE:02192) Overvalued in 2026?

Based on GuruFocus' analysis, Medlive Technology Co stock appears to be undervalued. The current stock price of HK$7.87 is trading 47.4% below its estimated GF Value™ of HK$14.95. GuruFocus considers Medlive Technology Co to be Significantly Undervalued.

Key valuation signals for HKSE:02192:

  • Scaled Net Operating Assets: 0.24
  • GF Value™: HK$14.95 vs. price of HK$7.87 (47.4% below fair value)
  • GF Score™: 90/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medlive Technology Co Business Description

Address Huangqu East Road No. 5, Courtyard Building 4, Yimaitong Mansion, Chaoyang District, Beijing, CHN
Medlive Technology Co Ltd is a digital healthcare marketing company that produces customized content for pharmaceutical and medical device firms. The company developed into a professional provider of medical information services and precision digital marketing services. Its platform also provides medical content consisting of third-party research, informal discussions, and medical news articles. The company also operates a minor internet hospital and a SaaS solution that helps with medical conferences and clinical research.
90GF Score

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

HK$7.87
Price
HK$14.95
GF Value