Luyuan Group Holding (Cayman) (HKSE:02451) Scaled Net Operating Assets: 0.21 (As of Dec. 2025)

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.

HKSE:02451 Luyuan Group Holding (Cayman) Ltd HKSE:02451
46 GF Score
Price HK$12.50
! 4 Warning Signs
View Full Analysis

What is Luyuan Group Holding (Cayman) Scaled Net Operating Assets?

Luyuan Group Holding (Cayman) HKSE:02451 +6.11% 46 Scaled Net Operating Assets is 0.21 as of Dec. 2025. GuruFocus rates HKSE:02451 with a GF Score™ of 46/100. The stock has 4 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.

Luyuan Group Holding (Cayman)'s operating assets for the quarter that ended in Dec. 2025 was HK$3,548 Mil. Luyuan Group Holding (Cayman)'s operating liabilities for the quarter that ended in Dec. 2025 was HK$2,328 Mil. Luyuan Group Holding (Cayman)'s Total Assets for the quarter that ended in Jun. 2025 was HK$5,885 Mil. Therefore, Luyuan Group Holding (Cayman)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.21.


Luyuan Group Holding (Cayman) Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Scaled Net Operating Assets Chart

Luyuan Group Holding (Cayman) Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.28 0.04 0.07 0.29 0.26

Luyuan Group Holding (Cayman) Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.16 0.25 0.13 0.21

HKSE:02451 vs TSLA, GM, F: Scaled Net Operating Assets Comparison

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.


Luyuan Group Holding (Cayman) Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Scaled Net Operating Assets falls into.


HKSE:02451
46GF Score
Luyuan Group Holding (Cayman) Ltd HKSE:02451
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman)'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 )
=(3548.381-2328.314)/4616.98
=0.26

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5625 - 2076.619
=3548.381

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3773.358 - 391.393 - 1053.651
=2328.314

Luyuan Group Holding (Cayman)'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 )
=(3548.381-2328.314)/5885.061
=0.21

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5625 - 2076.619
=3548.381

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3773.358 - 391.393 - 1053.651
=2328.314

* 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?
Luyuan Group Holding (Cayman) (HKSE:02451) 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 Luyuan Group Holding (Cayman) and its competitors.
Is Luyuan Group Holding (Cayman)'s Scaled Net Operating Assets too high?
Luyuan Group Holding (Cayman)'s current Scaled Net Operating Assets is 0.21. Overall, Luyuan Group Holding (Cayman) has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Luyuan Group Holding (Cayman)'s Scaled Net Operating Assets compare to TSLA and GM?
Luyuan Group Holding (Cayman)'s Scaled Net Operating Assets of 0.21 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Luyuan Group Holding (Cayman) and its competitors. Luyuan Group Holding (Cayman)'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 Luyuan Group Holding (Cayman) stock overvalued right now?
Luyuan Group Holding (Cayman) (HKSE:02451) has a current Scaled Net Operating Assets of 0.21. The current Scaled Net Operating Assets is 0.21. Luyuan Group Holding (Cayman)'s overall GF Score™ is 46/100 with 4 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 Luyuan Group Holding (Cayman) (HKSE:02451), 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.

Luyuan Group Holding (Cayman) Business Description

Address No. 168 Shicheng Street, Development Zone, Jinhua Industry Zone, Zhejiang Province, Jinhua, CHN
Luyuan Group Holding (Cayman) Ltd is an investment holding company. The group engaged in the electric vehicle business in the People's Republic of China (the PRC). The Group's majority of its revenue and operating profit was generated from the sales of electric vehicles in the PRC.
46GF Score

Get the complete analysis for HKSE:02451

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

HK$12.50
Price