Steve Leung Design Group (HKSE:02262) Scaled Net Operating Assets: 0.47 (As of Dec. 2025)

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HKSE:02262 Steve Leung Design Group Ltd HKSE:02262
52 GF Score
Price HK$0.45
GF Value HK$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Steve Leung Design Group Scaled Net Operating Assets?

Steve Leung Design Group HKSE:02262 -1.10% 52 Scaled Net Operating Assets is 0.47 as of Dec. 2025. GuruFocus rates HKSE:02262 with a GF Score™ of 52/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 3 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.

Steve Leung Design Group's operating assets for the quarter that ended in Dec. 2025 was HK$364.5 Mil. Steve Leung Design Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$140.9 Mil. Steve Leung Design Group's Total Assets for the quarter that ended in Jun. 2025 was HK$478.8 Mil. Therefore, Steve Leung Design Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.47.


Steve Leung Design Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Steve Leung Design Group'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.

Steve Leung Design Group Scaled Net Operating Assets Chart

Steve Leung Design Group 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 0.38 0.40 0.46 0.47 0.45

Steve Leung Design Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.53 0.50 0.50 0.47 0.45

HKSE:02262 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Steve Leung Design Group'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.


Steve Leung Design Group Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Steve Leung Design Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Steve Leung Design Group's Scaled Net Operating Assets falls into.


HKSE:02262
52GF Score
Steve Leung Design Group Ltd HKSE:02262
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steve Leung Design Group 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.

Steve Leung Design Group'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 )
=(364.476-140.929)/497.354
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=517.812 - 153.336
=364.476

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=187.49 - 35.929 - 10.632
=140.929

Steve Leung Design Group'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 )
=(364.476-140.929)/478.753
=0.47

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=517.812 - 153.336
=364.476

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=187.49 - 35.929 - 10.632
=140.929

* 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 0.47 mean?
Steve Leung Design Group (HKSE:02262) has a Scaled Net Operating Assets of 0.47 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 Steve Leung Design Group and its competitors.
Is Steve Leung Design Group's Scaled Net Operating Assets too high?
Steve Leung Design Group's current Scaled Net Operating Assets is 0.47. Overall, Steve Leung Design Group has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steve Leung Design Group's Scaled Net Operating Assets compare to PWR and FIX?
Steve Leung Design Group's Scaled Net Operating Assets of 0.47 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 Steve Leung Design Group and its competitors. Steve Leung Design Group's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steve Leung Design Group stock overvalued right now?
Based on GuruFocus' analysis, Steve Leung Design Group (HKSE:02262) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.45 — trading 136.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.47. Steve Leung Design Group's overall GF Score™ is 52/100 with 3 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 Steve Leung Design Group (HKSE:02262), the current Scaled Net Operating Assets is 0.47 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 Steve Leung Design Group (HKSE:02262) Overvalued in 2026?

Based on GuruFocus' analysis, Steve Leung Design Group stock appears to be overvalued. The current stock price of HK$0.45 is trading 136.8% above its estimated GF Value™ of HK$0.19. GuruFocus considers Steve Leung Design Group to be Significantly Overvalued.

Key valuation signals for HKSE:02262:

  • Scaled Net Operating Assets: 0.47
  • GF Value™: HK$0.19 vs. price of HK$0.45 (136.8% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the HKSE:02262 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steve Leung Design Group Business Description

Address 23 Wang Tai Road, 30th Floor, Manhattan Place, Kowloon Bay, Hong Kong, HKG
Steve Leung Design Group Ltd acts as an investment holding company and provides corporate management services. Along with its subsidiaries, it is engaged in providing interior design services, interior decorating and furnishing design services, and product design services. The group's reportable segments are SLD (Steve Leung Design), SLL (Steve Leung Lifestyle), and JHD (Jangho Design). A majority of its revenue is generated from the SLD (Steve Leung Design) segment, which provides interior design services and licensing arrangements under all Steve Leung-related brands, which mainly focus on the residential market. Geographically, it generates maximum revenue from Mainland China and also has a presence in Hong Kong, Macao, Taiwan, and other regions.
52GF Score

Get the complete analysis for HKSE:02262

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

HK$0.45
Price
HK$0.19
GF Value