eBroker Group (HKSE:08036) Scaled Net Operating Assets: 0.40 (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.

What is eBroker Group Scaled Net Operating Assets?

eBroker Group HKSE:08036 +10.26% Scaled Net Operating Assets is 0.40 as of Dec. 2025. The stock has 7 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.

eBroker Group's operating assets for the quarter that ended in Dec. 2025 was HK$35.60 Mil. eBroker Group's operating liabilities for the quarter that ended in Dec. 2025 was HK$8.10 Mil. eBroker Group's Total Assets for the quarter that ended in Jun. 2025 was HK$69.53 Mil. Therefore, eBroker Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.40.


eBroker Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for eBroker 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.

eBroker Group Scaled Net Operating Assets Chart

eBroker 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 0.48 0.47 0.36 0.54 0.40

eBroker 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 0.36 0.40 0.53 0.50 0.40

HKSE:08036 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, eBroker 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.


eBroker Group Scaled Net Operating Assets vs Software Industry

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

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



eBroker 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.

eBroker 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 )
=(35.603-8.1)/68.964
=0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67.604 - 32.001
=35.603

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.093 - 0.579 - 1.414
=8.1

eBroker 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 )
=(35.603-8.1)/69.525
=0.40

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=67.604 - 32.001
=35.603

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.093 - 0.579 - 1.414
=8.1

* 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 0.40 mean?
eBroker Group (HKSE:08036) has a Scaled Net Operating Assets of 0.40 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 eBroker Group and its competitors.
Is eBroker Group's Scaled Net Operating Assets too high?
eBroker Group's current Scaled Net Operating Assets is 0.40.
How does eBroker Group's Scaled Net Operating Assets compare to UBER and SHOP?
eBroker Group's Scaled Net Operating Assets of 0.40 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 eBroker Group and its competitors. eBroker Group's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBroker Group stock overvalued right now?
Based on GuruFocus' analysis, eBroker Group (HKSE:08036) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.04 — trading 7.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.40. 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 eBroker Group (HKSE:08036), the current Scaled Net Operating Assets is 0.40 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.

eBroker Group Business Description

Address 19 Canton Road, Suites 1410-11, 14th Floor, North Tower, World Finance Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
eBroker Group Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in the development and supply of financial software solutions. The group is principally engaged in the provision of financial software solution services mainly to financial institutions (including mainly brokerage firms, proprietary trading firms, and wealth management companies). It derives revenue mainly from front office solution services, back office solution services, installation and customisation services, managed cloud services, and other services income. Geographically, the group generates maximum revenue from Hong Kong, followed by Mainland China, Macau, and Singapore.