TradeGo FinTech (HKSE:08017) Scaled Net Operating Assets: 0.16 (As of Mar. 2026)

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HKSE:08017 TradeGo FinTech Ltd HKSE:08017
70 GF Score
Price HK$1.35
GF Value HK$0.80
Valuation Significantly Overvalued
! 3 Warning Signs
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What is TradeGo FinTech Scaled Net Operating Assets?

TradeGo FinTech HKSE:08017 70 Scaled Net Operating Assets is 0.16 as of Mar. 2026. GuruFocus rates HKSE:08017 with a GF Score™ of 70/100 and a GF Value™ of HK$0.80 (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.

TradeGo FinTech's operating assets for the quarter that ended in Mar. 2026 was HK$113.9 Mil. TradeGo FinTech's operating liabilities for the quarter that ended in Mar. 2026 was HK$53.4 Mil. TradeGo FinTech's Total Assets for the quarter that ended in Sep. 2025 was HK$388.5 Mil. Therefore, TradeGo FinTech's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.16.


TradeGo FinTech Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for TradeGo FinTech'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.

TradeGo FinTech Scaled Net Operating Assets Chart

TradeGo FinTech 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 -0.03 0.01 0.10 0.07 0.27

TradeGo FinTech Semi-Annual Data
Mar16 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 0.09 0.12 0.06 0.21 0.16

HKSE:08017 vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, TradeGo FinTech'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.


TradeGo FinTech Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, TradeGo FinTech's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TradeGo FinTech's Scaled Net Operating Assets falls into.


HKSE:08017
70GF Score
TradeGo FinTech Ltd HKSE:08017
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TradeGo FinTech 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.

TradeGo FinTech'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 )
=(113.924-53.421)/222.937
=0.27

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=467.023 - 353.099
=113.924

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55.14 - 0.885 - 0.834
=53.421

TradeGo FinTech'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 )
=(113.924-53.421)/388.506
=0.16

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=467.023 - 353.099
=113.924

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55.14 - 0.885 - 0.834
=53.421

* 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 0.16 mean?
TradeGo FinTech (HKSE:08017) has a Scaled Net Operating Assets of 0.16 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 TradeGo FinTech and its competitors.
Is TradeGo FinTech's Scaled Net Operating Assets too high?
TradeGo FinTech's current Scaled Net Operating Assets is 0.16. Overall, TradeGo FinTech has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TradeGo FinTech's Scaled Net Operating Assets compare to MSFT and ORCL?
TradeGo FinTech's Scaled Net Operating Assets of 0.16 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 TradeGo FinTech and its competitors. TradeGo FinTech's current Scaled Net Operating Assets is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TradeGo FinTech stock overvalued right now?
Based on GuruFocus' analysis, TradeGo FinTech (HKSE:08017) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.80, compared to a current price of HK$1.35 — trading 68.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.16. TradeGo FinTech's overall GF Score™ is 70/100 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 TradeGo FinTech (HKSE:08017), the current Scaled Net Operating Assets is 0.16 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 TradeGo FinTech (HKSE:08017) Overvalued in 2026?

Based on GuruFocus' analysis, TradeGo FinTech stock appears to be overvalued. The current stock price of HK$1.35 is trading 68.8% above its estimated GF Value™ of HK$0.80. GuruFocus considers TradeGo FinTech to be Significantly Overvalued.

Key valuation signals for HKSE:08017:

  • Scaled Net Operating Assets: 0.16
  • GF Value™: HK$0.80 vs. price of HK$1.35 (68.8% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TradeGo FinTech Business Description

Address 3040 Xinghai Avenue Nanshan Street, 2808, 28th Floor, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services, market data services, financial services, SaaS services, and other value-added services. The company derives maximum revenue from Hong Kong.
70GF Score

Get the complete analysis for HKSE:08017

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

HK$1.35
Price
HK$0.80
GF Value