Dragon Rise Group Holdings (HKSE:06829) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)

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HKSE:06829 Dragon Rise Group Holdings Ltd HKSE:06829
59 GF Score
Price HK$2.28
GF Value HK$0.71
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Dragon Rise Group Holdings Scaled Net Operating Assets?

Dragon Rise Group Holdings HKSE:06829 -7.32% 59 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates HKSE:06829 with a GF Score™ of 59/100 and a GF Value™ of HK$0.71 (Significantly Overvalued). The stock has 3 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.

Dragon Rise Group Holdings's operating assets for the quarter that ended in Mar. 2026 was HK$444.8 Mil. Dragon Rise Group Holdings's operating liabilities for the quarter that ended in Mar. 2026 was HK$125.2 Mil. Dragon Rise Group Holdings's Total Assets for the quarter that ended in Sep. 2025 was HK$480.9 Mil. Therefore, Dragon Rise Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Dragon Rise Group Holdings Scaled Net Operating Assets Historical Data

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The historical data trend for Dragon Rise Group 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.

Dragon Rise Group Holdings Scaled Net Operating Assets Chart

Dragon Rise Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.66 0.64 0.63 0.62

Dragon Rise Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only Premium Member Only 0.62 0.75 0.68 0.55 0.66

HKSE:06829 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Dragon Rise Group 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.


Dragon Rise Group Holdings Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Dragon Rise Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Dragon Rise Group Holdings's Scaled Net Operating Assets falls into.


HKSE:06829
59GF Score
Dragon Rise Group Holdings Ltd HKSE:06829
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Dragon Rise Group 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.

Dragon Rise Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(444.795-125.226)/515.961
=0.62

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=525.571 - 80.776
=444.795

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=198.143 - 15.172 - 57.745
=125.226

Dragon Rise Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(444.795-125.226)/480.939
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=525.571 - 80.776
=444.795

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=198.143 - 15.172 - 57.745
=125.226

* 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 0.66 mean?
Dragon Rise Group Holdings (HKSE:06829) has a Scaled Net Operating Assets of 0.66 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Dragon Rise Group Holdings and its competitors.
Is Dragon Rise Group Holdings' Scaled Net Operating Assets too high?
Dragon Rise Group Holdings' current Scaled Net Operating Assets is 0.66. Overall, Dragon Rise Group Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dragon Rise Group Holdings' Scaled Net Operating Assets compare to PWR and FIX?
Dragon Rise Group Holdings' Scaled Net Operating Assets of 0.66 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Dragon Rise Group Holdings and its competitors. Dragon Rise Group Holdings's current Scaled Net Operating Assets is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dragon Rise Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Dragon Rise Group Holdings (HKSE:06829) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.71, compared to a current price of HK$2.28 — trading 221.1% above its estimated fair value. The current Scaled Net Operating Assets is 0.66. Dragon Rise Group Holdings' overall GF Score™ is 59/100 with 3 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 Dragon Rise Group Holdings (HKSE:06829), the current Scaled Net Operating Assets is 0.66 as of Mar. 2026. 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 Dragon Rise Group Holdings (HKSE:06829) Overvalued in 2026?

Based on GuruFocus' analysis, Dragon Rise Group Holdings stock appears to be overvalued. The current stock price of HK$2.28 is trading 221.1% above its estimated GF Value™ of HK$0.71. GuruFocus considers Dragon Rise Group Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:06829:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: HK$0.71 vs. price of HK$2.28 (221.1% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the HKSE:06829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dragon Rise Group Holdings Business Description

Address 1 Science Museum Road, Unit 09, 28th Floor, North Tower, Concordia Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Dragon Rise Group Holdings Ltd is an investment holding company. It is a subcontractor for foundation engineering services. Geographically, it derives revenue from Hong Kong. The company principally provides excavation and lateral support works, pile cap construction works, and the disposal of excavated materials from piling and ancillary services, including dismantling of shoring, site formation, steel fixing and site clearance, in Hong Kong.
59GF Score

Get the complete analysis for HKSE:06829

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

HK$2.28
Price
HK$0.71
GF Value