Watts International Maritime Co (HKSE:02258) Scaled Net Operating Assets: 0.21 (As of Dec. 2025)

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HKSE:02258 Watts International Maritime Co Ltd HKSE:02258
46 GF Score
Price HK$0.33
GF Value HK$0.21
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Watts International Maritime Co Scaled Net Operating Assets?

Watts International Maritime Co HKSE:02258 +4.76% 46 Scaled Net Operating Assets is 0.21 as of Dec. 2025. GuruFocus rates HKSE:02258 with a GF Score™ of 46/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). 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.

Watts International Maritime Co's operating assets for the quarter that ended in Dec. 2025 was HK$3,432 Mil. Watts International Maritime Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$2,688 Mil. Watts International Maritime Co's Total Assets for the quarter that ended in Jun. 2025 was HK$3,606 Mil. Therefore, Watts International Maritime Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.21.


Watts International Maritime Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Watts International Maritime 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.

Watts International Maritime Co Scaled Net Operating Assets Chart

Watts International Maritime Co 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 0.12 0.12 0.20 0.19 0.21

Watts International Maritime Co Semi-Annual Data
Dec15 Dec16 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 0.22 0.21 0.21 0.21 0.21

Watts International Maritime Co Scaled Net Operating Assets Competitor Comparison

For the Infrastructure Operations subindustry, Watts International Maritime 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.


Watts International Maritime Co Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Watts International Maritime Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Watts International Maritime Co's Scaled Net Operating Assets falls into.


HKSE:02258
46GF Score
Watts International Maritime Co Ltd HKSE:02258
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watts International Maritime 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.

Watts International Maritime 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 )
=(3431.542-2687.875)/3574.004
=0.21

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3915.601 - 484.059
=3431.542

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3115.887 - 88.378 - 339.634
=2687.875

Watts International Maritime 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 )
=(3431.542-2687.875)/3605.66
=0.21

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3915.601 - 484.059
=3431.542

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3115.887 - 88.378 - 339.634
=2687.875

* 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 0.21 mean?
Watts International Maritime Co (HKSE:02258) has a Scaled Net Operating Assets of 0.21 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 Watts International Maritime Co and its competitors.
Is Watts International Maritime Co's Scaled Net Operating Assets too high?
Watts International Maritime Co's current Scaled Net Operating Assets is 0.21. Overall, Watts International Maritime Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Watts International Maritime Co's Scaled Net Operating Assets compare to competitors?
Watts International Maritime Co's Scaled Net Operating Assets of 0.21 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Watts International Maritime Co and its competitors. Watts International Maritime Co's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watts International Maritime Co stock overvalued right now?
Based on GuruFocus' analysis, Watts International Maritime Co (HKSE:02258) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.33 — trading 57.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.21. Watts International Maritime Co's overall GF Score™ is 46/100 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 Watts International Maritime Co (HKSE:02258), the current Scaled Net Operating Assets is 0.21 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 Watts International Maritime Co (HKSE:02258) Overvalued in 2026?

Based on GuruFocus' analysis, Watts International Maritime Co stock appears to be overvalued. The current stock price of HK$0.33 is trading 57.1% above its estimated GF Value™ of HK$0.21. GuruFocus considers Watts International Maritime Co to be Significantly Overvalued.

Key valuation signals for HKSE:02258:

  • Scaled Net Operating Assets: 0.21
  • GF Value™: HK$0.21 vs. price of HK$0.33 (57.1% above fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the HKSE:02258 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watts International Maritime Co Business Description

Address 2816 Yixian Road, 5th Floor, Tower 17, Baoshan District, Shanghai, CHN
Watts International Maritime Co Ltd is a port, waterway, maritime engineering and municipal public engineering services provider in the PRC and provides services of port infrastructure, waterway engineering, construction of public infrastructure within cities, urban greening and construction of buildings. Its segments include Marine construction, including infrastructure construction of ports, waterway engineering and other services; and Municipal public construction, including construction of public infrastructure within cities, urban greening and construction of buildings.
46GF Score

Get the complete analysis for HKSE:02258

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

HK$0.33
Price
HK$0.21
GF Value