Beijing Enterprises Urban Resources Group (HKSE:03718) Scaled Net Operating Assets: 0.62 (As of Dec. 2025)

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HKSE:03718 Beijing Enterprises Urban Resources Group Ltd HKSE:03718
66 GF Score
Price HK$0.41
GF Value HK$0.65
Valuation Possible Value Trap
! 4 Warning Signs
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What is Beijing Enterprises Urban Resources Group Scaled Net Operating Assets?

Beijing Enterprises Urban Resources Group HKSE:03718 66 Scaled Net Operating Assets is 0.62 as of Dec. 2025. GuruFocus rates HKSE:03718 with a GF Score™ of 66/100 and a GF Value™ of HK$0.65 (Possible Value Trap). 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.

Beijing Enterprises Urban Resources Group's operating assets for the quarter that ended in Dec. 2025 was HK$7,971 Mil. Beijing Enterprises Urban Resources Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$2,322 Mil. Beijing Enterprises Urban Resources Group's Total Assets for the quarter that ended in Jun. 2025 was HK$9,045 Mil. Therefore, Beijing Enterprises Urban Resources Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.62.


Beijing Enterprises Urban Resources Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Beijing Enterprises Urban Resources Group'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.

Beijing Enterprises Urban Resources Group Scaled Net Operating Assets Chart

Beijing Enterprises Urban Resources Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.63 0.68 0.66 0.62

Beijing Enterprises Urban Resources Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.67 0.61 0.64 0.63

HKSE:03718 vs WM, RSG, WCN: Scaled Net Operating Assets Comparison

For the Waste Management subindustry, Beijing Enterprises Urban Resources Group'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.


Beijing Enterprises Urban Resources Group Scaled Net Operating Assets vs Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing Enterprises Urban Resources Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Beijing Enterprises Urban Resources Group's Scaled Net Operating Assets falls into.


HKSE:03718
66GF Score
Beijing Enterprises Urban Resources Group Ltd HKSE:03718
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Enterprises Urban Resources Group 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.

Beijing Enterprises Urban Resources Group'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 )
=(7971.434-2322.074)/9161.306
=0.62

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9429.798 - 1458.364
=7971.434

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5109.791 - 1553.134 - 1234.583
=2322.074

Beijing Enterprises Urban Resources Group'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 )
=(7971.434-2322.074)/9045.455
=0.62

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9429.798 - 1458.364
=7971.434

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5109.791 - 1553.134 - 1234.583
=2322.074

* 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 0.62 mean?
Beijing Enterprises Urban Resources Group (HKSE:03718) has a Scaled Net Operating Assets of 0.62 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 Beijing Enterprises Urban Resources Group and its competitors.
Is Beijing Enterprises Urban Resources Group's Scaled Net Operating Assets too high?
Beijing Enterprises Urban Resources Group's current Scaled Net Operating Assets is 0.62. Overall, Beijing Enterprises Urban Resources Group has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beijing Enterprises Urban Resources Group's Scaled Net Operating Assets compare to WM and RSG?
Beijing Enterprises Urban Resources Group's Scaled Net Operating Assets of 0.62 can be compared against companies in the Waste Management 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 Waste Management company?
A good Scaled Net Operating Assets depends on the Waste Management 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 Beijing Enterprises Urban Resources Group and its competitors. Beijing Enterprises Urban Resources Group's current Scaled Net Operating Assets is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Enterprises Urban Resources Group stock overvalued right now?
Based on GuruFocus' analysis, Beijing Enterprises Urban Resources Group (HKSE:03718) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.65, compared to a current price of HK$0.41 — trading 37.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.62. Beijing Enterprises Urban Resources Group's overall GF Score™ is 66/100 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 Beijing Enterprises Urban Resources Group (HKSE:03718), the current Scaled Net Operating Assets is 0.62 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 Beijing Enterprises Urban Resources Group (HKSE:03718) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Enterprises Urban Resources Group stock appears to be undervalued. The current stock price of HK$0.41 is trading 37.7% below its estimated GF Value™ of HK$0.65. GuruFocus considers Beijing Enterprises Urban Resources Group to be Possible Value Trap.

Key valuation signals for HKSE:03718:

  • Scaled Net Operating Assets: 0.62
  • GF Value™: HK$0.65 vs. price of HK$0.41 (37.7% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the HKSE:03718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Enterprises Urban Resources Group Business Description

Address 18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Urban Resources Group Ltd is an integrated waste management solution provider in China. The company provides environmental hygiene services and hazardous waste treatment services. The urban services segment provides urban environmental governance services and construction services. The hazardous waste treatment segment provides hazardous waste treatment services. The other segment comprises the waste electrical and electronic equipment treatment services and the sale of dismantled products. All of the groups revenue from external customers was derived from the operations in the PRC.
66GF Score

Get the complete analysis for HKSE:03718

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

HK$0.41
Price
HK$0.65
GF Value