Baige Online Digital Technology Co (HKSE:02672) Scaled Net Operating Assets: -0.65 (As of Dec. 2025)

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HKSE:02672 Baige Online Digital Technology Co Ltd HKSE:02672
10 GF Score
Price HK$34.26
! 1 Warning Sign
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What is Baige Online Digital Technology Co Scaled Net Operating Assets?

Baige Online Digital Technology Co HKSE:02672 +3.88% 10 Scaled Net Operating Assets is -0.65 as of Dec. 2025. GuruFocus rates HKSE:02672 with a GF Score™ of 10/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Baige Online Digital Technology Co's operating assets for the quarter that ended in Dec. 2025 was HK$155 Mil. Baige Online Digital Technology Co's operating liabilities for the quarter that ended in Dec. 2025 was HK$320 Mil. Baige Online Digital Technology Co's Total Assets for the quarter that ended in Dec. 2024 was HK$251 Mil. Therefore, Baige Online Digital Technology Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.65.


Baige Online Digital Technology Co Scaled Net Operating Assets Historical Data

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The historical data trend for Baige Online Digital Technology 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.

Baige Online Digital Technology Co Scaled Net Operating Assets Chart

Baige Online Digital Technology Co Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.29 -0.58 -0.65

Baige Online Digital Technology Co Semi-Annual Data
Dec23 Dec24 Dec25
Scaled Net Operating Assets -0.29 -0.58 -0.65

HKSE:02672 vs MRSH, AON, AJG: Scaled Net Operating Assets Comparison

For the Insurance Brokers subindustry, Baige Online Digital Technology 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.


Baige Online Digital Technology Co Scaled Net Operating Assets vs Insurance Industry

For the Insurance industry and Financial Services sector, Baige Online Digital Technology Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Baige Online Digital Technology Co's Scaled Net Operating Assets falls into.


HKSE:02672
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Baige Online Digital Technology Co Ltd HKSE:02672
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Baige Online Digital Technology 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.

Baige Online Digital Technology 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 )
=(155.158-319.522)/251.365
=-0.65

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=275.607 - 120.449
=155.158

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=328.446 - 1.716 - 7.208
=319.522

Baige Online Digital Technology 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: Dec. 2024 )
=(155.158-319.522)/251.365
=-0.65

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=275.607 - 120.449
=155.158

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=328.446 - 1.716 - 7.208
=319.522

* 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 -0.65 mean?
Baige Online Digital Technology Co (HKSE:02672) has a Scaled Net Operating Assets of -0.65 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 Baige Online Digital Technology Co and its competitors.
Is Baige Online Digital Technology Co's Scaled Net Operating Assets too high?
Baige Online Digital Technology Co's current Scaled Net Operating Assets is -0.65. Overall, Baige Online Digital Technology Co has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Baige Online Digital Technology Co's Scaled Net Operating Assets compare to MRSH and AON?
Baige Online Digital Technology Co's Scaled Net Operating Assets of -0.65 can be compared against companies in the Insurance 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 an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance 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 Baige Online Digital Technology Co and its competitors. Baige Online Digital Technology Co's current Scaled Net Operating Assets is -0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baige Online Digital Technology Co stock overvalued right now?
Baige Online Digital Technology Co (HKSE:02672) has a current Scaled Net Operating Assets of -0.65. The current Scaled Net Operating Assets is -0.65. Baige Online Digital Technology Co's overall GF Score™ is 10/100 with 1 warning sign 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 Baige Online Digital Technology Co (HKSE:02672), the current Scaled Net Operating Assets is -0.65 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.

Baige Online Digital Technology Co Business Description

Address No.491 Gaolin Middle Road, 24th Floor, Baige Tiandi Financial (Insurance) Technology Industrial Park, Room 2402, Huli District, Fujian Province, Xiamen, CHN
Baige Online Digital Technology Co Ltd is an InsurTech company, principally engaged in utilizing scenario-based insurance to provide technology empowered insurance transaction services, precision marketing, and digitalisation solutions and TPA services in the PRC. The company has three reportable operating segments as follows: i) Insurance transaction services, ii) Precision marketing and digitalisation solutions, and iii) TPA services. The majority of the company's revenue is derived from the Insurance transaction services segment, which includes distributing scenario-based insurance products to end insureds. Geographically, all of the company's revenue is generated from the PRC.
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HK$34.26
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