Folangsi Co (HKSE:02499) Scaled Net Operating Assets: 0.86 (As of Dec. 2025)

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HKSE:02499 Folangsi Co Ltd HKSE:02499
37 GF Score
Price HK$5.87
! 10 Warning Signs
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What is Folangsi Co Scaled Net Operating Assets?

Folangsi Co HKSE:02499 -0.17% 37 Scaled Net Operating Assets is 0.86 as of Dec. 2025. GuruFocus rates HKSE:02499 with a GF Score™ of 37/100. The stock has 10 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.

Folangsi Co's operating assets for the quarter that ended in Dec. 2025 was HK$4,348 Mil. Folangsi Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$639 Mil. Folangsi Co's Total Assets for the quarter that ended in Jun. 2025 was HK$4,330 Mil. Therefore, Folangsi Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.86.


Folangsi Co Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Folangsi 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.

Folangsi Co Scaled Net Operating Assets Chart

Folangsi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.93 0.77 0.91 0.93 0.92

Folangsi Co 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 0.88 0.84 0.87 0.86

HKSE:02499 vs CAT, DE, PCAR: Scaled Net Operating Assets Comparison

For the Farm & Heavy Construction Machinery subindustry, Folangsi 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.


Folangsi Co Scaled Net Operating Assets vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Folangsi Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Folangsi Co's Scaled Net Operating Assets falls into.


HKSE:02499
37GF Score
Folangsi Co Ltd HKSE:02499
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Folangsi 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.

Folangsi 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 )
=(4348.109-638.993)/4037.12
=0.92

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4542.871 - 194.762
=4348.109

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3161.119 - 1609.465 - 912.661
=638.993

Folangsi 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 )
=(4348.109-638.993)/4330.295
=0.86

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4542.871 - 194.762
=4348.109

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3161.119 - 1609.465 - 912.661
=638.993

* 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 0.86 mean?
Folangsi Co (HKSE:02499) has a Scaled Net Operating Assets of 0.86 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 Folangsi Co and its competitors.
Is Folangsi Co's Scaled Net Operating Assets too high?
Folangsi Co's current Scaled Net Operating Assets is 0.86. Overall, Folangsi Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Folangsi Co's Scaled Net Operating Assets compare to CAT and DE?
Folangsi Co's Scaled Net Operating Assets of 0.86 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Scaled Net Operating Assets depends on the Farm & Heavy Construction Machinery 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 Folangsi Co and its competitors. Folangsi Co's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Folangsi Co stock overvalued right now?
Folangsi Co (HKSE:02499) has a current Scaled Net Operating Assets of 0.86. The current Scaled Net Operating Assets is 0.86. Folangsi Co's overall GF Score™ is 37/100 with 10 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 Folangsi Co (HKSE:02499), the current Scaled Net Operating Assets is 0.86 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.

Folangsi Co Business Description

Address No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440
Folangsi Co Ltd is engaged in the provision of intralogistics equipment subscription services (including leases of equipment), provision of maintenance and repair services and sale of intralogistics equipment and parts. Its segments include Intralogistics equipment subscription services; Maintenance and repair services; and Sales of intralogistics equipment and parts. The company generates majority of its revenue from Intralogistics equipment subscription services, where it charges customers fees based on the duration used relevant intralogistics equipment.
37GF Score

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

HK$5.87
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