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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Keep's operating assets for the quarter that ended in Dec. 2025 was HK$1,026 Mil. Keep's operating liabilities for the quarter that ended in Dec. 2025 was HK$453 Mil. Keep's Total Assets for the quarter that ended in Jun. 2025 was HK$1,962 Mil. Therefore, Keep's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.29.
The historical data trend for Keep'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.
HKSE:03650 vs AS, HAS, LTH: Scaled Net Operating Assets Comparison
For the Leisure subindustry, Keep'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.
Keep Scaled Net Operating Assets vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Keep's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Keep's Scaled Net Operating Assets falls into.
* 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 0.29 mean?
Keep (HKSE:03650) has a Scaled Net Operating Assets of 0.29 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 Keep and its competitors.
Is Keep's Scaled Net Operating Assets too high?
Keep's current Scaled Net Operating Assets is 0.29. Overall, Keep has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keep's Scaled Net Operating Assets compare to AS and HAS?
Keep's Scaled Net Operating Assets of 0.29 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Keep and its competitors. Keep's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keep stock overvalued right now?
Based on GuruFocus' analysis, Keep (HKSE:03650) is currently considered Possible Value Trap. The stock's GF Value™ is HK$5.19, compared to a current price of HK$1.69 — trading 67.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.29. Keep's overall GF Score™ is 71/100 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 Keep (HKSE:03650), the current Scaled Net Operating Assets is 0.29 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 Keep (HKSE:03650) Overvalued in 2026?
Based on GuruFocus' analysis, Keep stock appears to be undervalued.
The current stock price of HK$1.69 is trading 67.4% below its estimated GF Value™ of HK$5.19.
GuruFocus considers Keep to be Possible Value Trap.
Key valuation signals for HKSE:03650:
Scaled Net Operating Assets: 0.29
GF Value™: HK$5.19 vs. price of HK$1.69 (67.4% below fair value)
No single metric tells the full story. See the HKSE:03650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keep Inc is a growing and result-oriented platform that provides users with a comprehensive fitness solution to help them achieve their fitness goals. It offers extensive and professional fitness content with AI-assisted personalized curriculums, encompassing interactive live-streaming classes and recorded fitness courses, that dynamically adjust course content and workout intensity based on users' athletic levels, fitness goals, daily workout patterns, and diet. The company's operating segment includes Self-branded fitness products, Online membership and paid content, and Advertising and others. The company generates the majority of its revenue from Self-branded fitness products.
71GF Score
Get the complete analysis for HKSE:03650
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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