Shenzhen Pagoda Industrial (Group) (HKSE:02411) Scaled Net Operating Assets: 0.50 (As of Dec. 2025)

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HKSE:02411 Shenzhen Pagoda Industrial (Group) Corp Ltd HKSE:02411
79 GF Score
Price HK$1.50
GF Value HK$1.99
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Shenzhen Pagoda Industrial (Group) Scaled Net Operating Assets?

Shenzhen Pagoda Industrial (Group) HKSE:02411 -1.32% 79 Scaled Net Operating Assets is 0.50 as of Dec. 2025. GuruFocus rates HKSE:02411 with a GF Score™ of 79/100 and a GF Value™ of HK$1.99 (Modestly Undervalued). The stock has 7 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.

Shenzhen Pagoda Industrial (Group)'s operating assets for the quarter that ended in Dec. 2025 was HK$6,006 Mil. Shenzhen Pagoda Industrial (Group)'s operating liabilities for the quarter that ended in Dec. 2025 was HK$2,042 Mil. Shenzhen Pagoda Industrial (Group)'s Total Assets for the quarter that ended in Jun. 2025 was HK$7,962 Mil. Therefore, Shenzhen Pagoda Industrial (Group)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.50.


Shenzhen Pagoda Industrial (Group) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Shenzhen Pagoda Industrial (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.

Shenzhen Pagoda Industrial (Group) Scaled Net Operating Assets Chart

Shenzhen Pagoda Industrial (Group) Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.57 0.39 0.50 0.42 0.48

Shenzhen Pagoda Industrial (Group) Semi-Annual Data
Dec19 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 0.46 0.49 0.37 0.40 0.50

HKSE:02411 vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Shenzhen Pagoda Industrial (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.


Shenzhen Pagoda Industrial (Group) Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Pagoda Industrial (Group)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shenzhen Pagoda Industrial (Group)'s Scaled Net Operating Assets falls into.


HKSE:02411
79GF Score
Shenzhen Pagoda Industrial (Group) Corp Ltd HKSE:02411
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Pagoda Industrial (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.

Shenzhen Pagoda Industrial (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 )
=(6006.021-2042.09)/8348.756
=0.47

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8400.042 - 2394.021
=6006.021

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5350.411 - 687.68 - 2620.641
=2042.09

Shenzhen Pagoda Industrial (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 )
=(6006.021-2042.09)/7962.021
=0.50

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8400.042 - 2394.021
=6006.021

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5350.411 - 687.68 - 2620.641
=2042.09

* 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 0.50 mean?
Shenzhen Pagoda Industrial (Group) (HKSE:02411) has a Scaled Net Operating Assets of 0.50 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 Shenzhen Pagoda Industrial (Group) and its competitors.
Is Shenzhen Pagoda Industrial (Group)'s Scaled Net Operating Assets too high?
Shenzhen Pagoda Industrial (Group)'s current Scaled Net Operating Assets is 0.50. Overall, Shenzhen Pagoda Industrial (Group) has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Pagoda Industrial (Group)'s Scaled Net Operating Assets compare to CASY and WSM?
Shenzhen Pagoda Industrial (Group)'s Scaled Net Operating Assets of 0.50 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Shenzhen Pagoda Industrial (Group) and its competitors. Shenzhen Pagoda Industrial (Group)'s current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Pagoda Industrial (Group) stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Pagoda Industrial (Group) (HKSE:02411) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.99, compared to a current price of HK$1.50 — trading 24.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.50. Shenzhen Pagoda Industrial (Group)'s overall GF Score™ is 79/100 with 7 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 Shenzhen Pagoda Industrial (Group) (HKSE:02411), the current Scaled Net Operating Assets is 0.50 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 Shenzhen Pagoda Industrial (Group) (HKSE:02411) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Pagoda Industrial (Group) stock appears to be undervalued. The current stock price of HK$1.50 is trading 24.6% below its estimated GF Value™ of HK$1.99. GuruFocus considers Shenzhen Pagoda Industrial (Group) to be Modestly Undervalued.

Key valuation signals for HKSE:02411:

  • Scaled Net Operating Assets: 0.50
  • GF Value™: HK$1.99 vs. price of HK$1.50 (24.6% below fair value)
  • GF Score™: 79/100 with 7 warning signs

No single metric tells the full story. See the HKSE:02411 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Pagoda Industrial (Group) Business Description

Address No. 2005 Shenyan Road, Haishan Street, Pagoda Technology Building, Yantian District, Pengwan Community, Shenzhen, CHN
Shenzhen Pagoda Industrial (Group) Corp Ltd is principally engaged in operating a franchised retail network and trading of fruits. The group has three reportable segments which include Operation of franchised and self-owned retail networks(Franchising). Sales of fruit and other food products trading of fruits(Trading), and others. The majority of its revenue derives from the Franchising segment which includes the operation of franchised and self-owned retail networks.
79GF Score

Get the complete analysis for HKSE:02411

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

HK$1.50
Price
HK$1.99
GF Value