Star Plus Legend Holdings (HKSE:06683) Scaled Net Operating Assets: 0.79 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:06683 Star Plus Legend Holdings Ltd HKSE:06683
71 GF Score
Price HK$3.94
GF Value HK$7.76
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Star Plus Legend Holdings Scaled Net Operating Assets?

Star Plus Legend Holdings HKSE:06683 -2.60% 71 Scaled Net Operating Assets is 0.79 as of Dec. 2025. GuruFocus rates HKSE:06683 with a GF Score™ of 71/100 and a GF Value™ of HK$7.76 (Possible Value Trap). The stock has 8 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.

Star Plus Legend Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$1,375.6 Mil. Star Plus Legend Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$255.8 Mil. Star Plus Legend Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$1,423.1 Mil. Therefore, Star Plus Legend Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.79.


Star Plus Legend Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Star Plus Legend Holdings'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.

Star Plus Legend Holdings Scaled Net Operating Assets Chart

Star Plus Legend Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -0.07 0.13 0.95 0.67 0.84

Star Plus Legend Holdings Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.54 0.68 0.79 0.61

HKSE:06683 vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Star Plus Legend Holdings'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.


Star Plus Legend Holdings Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Star Plus Legend Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Star Plus Legend Holdings's Scaled Net Operating Assets falls into.


HKSE:06683
71GF Score
Star Plus Legend Holdings Ltd HKSE:06683
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Plus Legend Holdings 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.

Star Plus Legend Holdings'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 )
=(1375.587-255.765)/1330.869
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2072.973 - 697.386
=1375.587

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=349.332 - 10.567 - 83
=255.765

Star Plus Legend Holdings'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 )
=(1375.587-255.765)/1423.104
=0.79

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2072.973 - 697.386
=1375.587

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=349.332 - 10.567 - 83
=255.765

* 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 0.79 mean?
Star Plus Legend Holdings (HKSE:06683) has a Scaled Net Operating Assets of 0.79 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 Star Plus Legend Holdings and its competitors.
Is Star Plus Legend Holdings' Scaled Net Operating Assets too high?
Star Plus Legend Holdings' current Scaled Net Operating Assets is 0.79. Overall, Star Plus Legend Holdings 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 Star Plus Legend Holdings' Scaled Net Operating Assets compare to KHC and GIS?
Star Plus Legend Holdings' Scaled Net Operating Assets of 0.79 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods 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 Star Plus Legend Holdings and its competitors. Star Plus Legend Holdings's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Plus Legend Holdings stock overvalued right now?
Based on GuruFocus' analysis, Star Plus Legend Holdings (HKSE:06683) is currently considered Possible Value Trap. The stock's GF Value™ is HK$7.76, compared to a current price of HK$3.94 — trading 49.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.79. Star Plus Legend Holdings' overall GF Score™ is 71/100 with 8 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 Star Plus Legend Holdings (HKSE:06683), the current Scaled Net Operating Assets is 0.79 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 Star Plus Legend Holdings (HKSE:06683) Overvalued in 2026?

Based on GuruFocus' analysis, Star Plus Legend Holdings stock appears to be undervalued. The current stock price of HK$3.94 is trading 49.3% below its estimated GF Value™ of HK$7.76. GuruFocus considers Star Plus Legend Holdings to be Possible Value Trap.

Key valuation signals for HKSE:06683:

  • Scaled Net Operating Assets: 0.79
  • GF Value™: HK$7.76 vs. price of HK$3.94 (49.3% below fair value)
  • GF Score™: 71/100 with 8 warning signs

No single metric tells the full story. See the HKSE:06683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Plus Legend Holdings Business Description

Other Exchanges VK1:Germany
Address 1777 Lvdi Boulevard, Star Plus Legend Tower, Huaqiao Town, Jiangsu Province, Kunshan, CHN
Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company develops and sells health management products and skincare products. It has two segments, namely the new retail segment, which develops and sells health management and skincare products through various online and offline channels; and the IP creation and operation segment, where the Group creates and manages celebrity IPs, provides planning and management services to the production of media contents and events and licenses its celebrity IPs and sells related products. The majority of revenue is derived from the New retail business.
71GF Score

Get the complete analysis for HKSE:06683

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

HK$3.94
Price
HK$7.76
GF Value