Modern Innovative Digital Technology Company (HKSE:02322) Scaled Net Operating Assets: 0.59 (As of Mar. 2026)

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.

What is Modern Innovative Digital Technology Company Scaled Net Operating Assets?

Modern Innovative Digital Technology Company HKSE:02322 +1.67% Scaled Net Operating Assets is 0.59 as of Mar. 2026. 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.

Modern Innovative Digital Technology Company's operating assets for the quarter that ended in Mar. 2026 was HK$424.03 Mil. Modern Innovative Digital Technology Company's operating liabilities for the quarter that ended in Mar. 2026 was HK$36.62 Mil. Modern Innovative Digital Technology Company's Total Assets for the quarter that ended in Sep. 2025 was HK$661.63 Mil. Therefore, Modern Innovative Digital Technology Company's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.59.


Modern Innovative Digital Technology Company Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Modern Innovative Digital Technology Company'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.

Modern Innovative Digital Technology Company Scaled Net Operating Assets Chart

Modern Innovative Digital Technology Company 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 0.67 0.70 0.65 0.73 0.57

Modern Innovative Digital Technology Company Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only 0.66 0.79 0.72 0.83 0.59

HKSE:02322 vs MMM, HON: Scaled Net Operating Assets Comparison

For the Conglomerates subindustry, Modern Innovative Digital Technology Company'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.


Modern Innovative Digital Technology Company Scaled Net Operating Assets vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Modern Innovative Digital Technology Company's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Modern Innovative Digital Technology Company's Scaled Net Operating Assets falls into.



Modern Innovative Digital Technology Company 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.

Modern Innovative Digital Technology Company'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 )
=(424.031-36.623)/677.406
=0.57

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=479.874 - 55.843
=424.031

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.289 - 5.842 - 5.824
=36.623

Modern Innovative Digital Technology Company'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 )
=(424.031-36.623)/661.634
=0.59

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=479.874 - 55.843
=424.031

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48.289 - 5.842 - 5.824
=36.623

* 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 0.59 mean?
Modern Innovative Digital Technology Company (HKSE:02322) has a Scaled Net Operating Assets of 0.59 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 Modern Innovative Digital Technology Company and its competitors.
Is Modern Innovative Digital Technology Company's Scaled Net Operating Assets too high?
Modern Innovative Digital Technology Company's current Scaled Net Operating Assets is 0.59.
How does Modern Innovative Digital Technology Company's Scaled Net Operating Assets compare to MMM and HON?
Modern Innovative Digital Technology Company's Scaled Net Operating Assets of 0.59 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Scaled Net Operating Assets depends on the Conglomerates 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 Modern Innovative Digital Technology Company and its competitors. Modern Innovative Digital Technology Company's current Scaled Net Operating Assets is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Innovative Digital Technology Company stock overvalued right now?
Based on GuruFocus' analysis, Modern Innovative Digital Technology Company (HKSE:02322) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.06 — trading 66.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.59. 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 Modern Innovative Digital Technology Company (HKSE:02322), the current Scaled Net Operating Assets is 0.59 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.

Modern Innovative Digital Technology Company Business Description

Address 26 Harbour Road, Suite 2202, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
Modern Innovative Digital Technology Company Ltd formerly, Hong Kong ChaoShang Group Ltd is an investment holding company. It is engaged in Trading, Money lending & factoring segment, Finance leasing, and Finance Services. The trading segment is a key revenue driver, involved in the trading of goods in the PRC and Hong Kong. Money lending includes the provision of loan and factoring financing in Hong Kong and the PRC whereas, the finance leasing segment is engaged in the provision of finance leasing and sale-leaseback in the PRC. The financial services segment engaged in the provision of securities dealing broking, placing, underwriting, margin financing, and asset management services in Hong Kong. Geographically, it generates the majority of its revenue from the PRC.