China Resources Beverage (Holdings) Co (HKSE:02460) Scaled Net Operating Assets: 0.24 (As of Dec. 2025)

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HKSE:02460 China Resources Beverage (Holdings) Co Ltd HKSE:02460
20 GF Score
Price HK$7.44
! 5 Warning Signs
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What is China Resources Beverage (Holdings) Co Scaled Net Operating Assets?

China Resources Beverage (Holdings) Co HKSE:02460 20 Scaled Net Operating Assets is 0.24 as of Dec. 2025. GuruFocus rates HKSE:02460 with a GF Score™ of 20/100. The stock has 5 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.

China Resources Beverage (Holdings) Co's operating assets for the quarter that ended in Dec. 2025 was HK$9,938 Mil. China Resources Beverage (Holdings) Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$4,454 Mil. China Resources Beverage (Holdings) Co's Total Assets for the quarter that ended in Jun. 2025 was HK$22,600 Mil. Therefore, China Resources Beverage (Holdings) Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.24.


China Resources Beverage (Holdings) Co Scaled Net Operating Assets Historical Data

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The historical data trend for China Resources Beverage (Holdings) 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.

China Resources Beverage (Holdings) Co Scaled Net Operating Assets Chart

China Resources Beverage (Holdings) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.30 0.31 0.28 0.10 0.28

China Resources Beverage (Holdings) Co Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.28 0.00 0.00 -0.05 0.24

HKSE:02460 vs KO, PEP, MNST: Scaled Net Operating Assets Comparison

For the Beverages - Non-Alcoholic subindustry, China Resources Beverage (Holdings) 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.


China Resources Beverage (Holdings) Co Scaled Net Operating Assets vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Resources Beverage (Holdings) Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where China Resources Beverage (Holdings) Co's Scaled Net Operating Assets falls into.


HKSE:02460
20GF Score
China Resources Beverage (Holdings) Co Ltd HKSE:02460
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Beverage (Holdings) 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.

China Resources Beverage (Holdings) 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 )
=(9938.37-4454.397)/19959.375
=0.27

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17000.151 - 7061.781
=9938.37

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4501.913 - 31.754 - 15.762
=4454.397

China Resources Beverage (Holdings) 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 )
=(9938.37-4454.397)/22600.142
=0.24

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17000.151 - 7061.781
=9938.37

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4501.913 - 31.754 - 15.762
=4454.397

* 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 0.24 mean?
China Resources Beverage (Holdings) Co (HKSE:02460) has a Scaled Net Operating Assets of 0.24 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 China Resources Beverage (Holdings) Co and its competitors.
Is China Resources Beverage (Holdings) Co's Scaled Net Operating Assets too high?
China Resources Beverage (Holdings) Co's current Scaled Net Operating Assets is 0.24. Overall, China Resources Beverage (Holdings) Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does China Resources Beverage (Holdings) Co's Scaled Net Operating Assets compare to KO and PEP?
China Resources Beverage (Holdings) Co's Scaled Net Operating Assets of 0.24 can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Non-Alcoholic 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 China Resources Beverage (Holdings) Co and its competitors. China Resources Beverage (Holdings) Co's current Scaled Net Operating Assets is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Beverage (Holdings) Co stock overvalued right now?
China Resources Beverage (Holdings) Co (HKSE:02460) has a current Scaled Net Operating Assets of 0.24. The current Scaled Net Operating Assets is 0.24. China Resources Beverage (Holdings) Co's overall GF Score™ is 20/100 with 5 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 China Resources Beverage (Holdings) Co (HKSE:02460), the current Scaled Net Operating Assets is 0.24 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.

China Resources Beverage (Holdings) Co Business Description

Address 22 Langshan Road, Shenzhen High-tech Industrial Park, North District, Nanshan District, Guangdong Province, Shenzhen, CHN
China Resources Beverage is the second-largest bottled water producer in China and a subsidiary of China Resources Group, a state-owned conglomerate. The bottled water business accounts for around 90% of the company's revenue, with C'estbon being the flagship product. The company has been leveraging its distribution network developed for water products to expand the scale of its nonwater beverages products, which accounts for roughly 10% of the company's revenue.
20GF Score

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HK$7.44
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