CircuTech International Holdings (HKSE:08051) Scaled Net Operating Assets: 0.86 (As of Dec. 2025)

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HKSE:08051 CircuTech International Holdings Ltd HKSE:08051
71 GF Score
Price HK$2.57
GF Value HK$4.82
Valuation Possible Value Trap
! 3 Warning Signs
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What is CircuTech International Holdings Scaled Net Operating Assets?

CircuTech International Holdings HKSE:08051 71 Scaled Net Operating Assets is 0.86 as of Dec. 2025. GuruFocus rates HKSE:08051 with a GF Score™ of 71/100 and a GF Value™ of HK$4.82 (Possible Value Trap). 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.

CircuTech International Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$162.1 Mil. CircuTech International Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$6.0 Mil. CircuTech International Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$182.5 Mil. Therefore, CircuTech International Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.86.


CircuTech International Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for CircuTech International 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.

CircuTech International Holdings Scaled Net Operating Assets Chart

CircuTech International Holdings Annual Data
Trend Jun16 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 0.25 0.11 0.31 0.76 0.91

CircuTech International Holdings Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 0.33 0.60 0.73 0.82 0.86

HKSE:08051 vs ALLE, MSA, ADT: Scaled Net Operating Assets Comparison

For the Security & Protection Services subindustry, CircuTech International 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.


CircuTech International Holdings Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, CircuTech International Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where CircuTech International Holdings's Scaled Net Operating Assets falls into.


HKSE:08051
71GF Score
CircuTech International Holdings Ltd HKSE:08051
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CircuTech International 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.

CircuTech International 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 )
=(162.145-6.011)/172.216
=0.91

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=179.914 - 17.769
=162.145

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.682 - 0.906 - 0.765
=6.011

CircuTech International 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 )
=(162.145-6.011)/182.549
=0.86

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=179.914 - 17.769
=162.145

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.682 - 0.906 - 0.765
=6.011

* 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 0.86 mean?
CircuTech International Holdings (HKSE:08051) has a Scaled Net Operating Assets of 0.86 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 CircuTech International Holdings and its competitors.
Is CircuTech International Holdings' Scaled Net Operating Assets too high?
CircuTech International Holdings' current Scaled Net Operating Assets is 0.86. Overall, CircuTech International 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 CircuTech International Holdings' Scaled Net Operating Assets compare to ALLE and MSA?
CircuTech International Holdings' Scaled Net Operating Assets of 0.86 can be compared against companies in the Business Services 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 Business Services company?
A good Scaled Net Operating Assets depends on the Business Services 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 CircuTech International Holdings and its competitors. CircuTech International Holdings's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CircuTech International Holdings stock overvalued right now?
Based on GuruFocus' analysis, CircuTech International Holdings (HKSE:08051) is currently considered Possible Value Trap. The stock's GF Value™ is HK$4.82, compared to a current price of HK$2.57 — trading 46.7% below its estimated fair value. The current Scaled Net Operating Assets is 0.86. CircuTech International Holdings' overall GF Score™ is 71/100 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 CircuTech International Holdings (HKSE:08051), the current Scaled Net Operating Assets is 0.86 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 CircuTech International Holdings (HKSE:08051) Overvalued in 2026?

Based on GuruFocus' analysis, CircuTech International Holdings stock appears to be undervalued. The current stock price of HK$2.57 is trading 46.7% below its estimated GF Value™ of HK$4.82. GuruFocus considers CircuTech International Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08051:

  • Scaled Net Operating Assets: 0.86
  • GF Value™: HK$4.82 vs. price of HK$2.57 (46.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the HKSE:08051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CircuTech International Holdings Business Description

Address 1 Matheson Street, Causeway Bay, 31th Floor, Tower Two, Times Square, Hong Kong, HKG
CircuTech International Holdings Ltd is engaged in the business of research and development and the sale and marketing of video surveillance systems. Its segments of the company are Sales and distribution of IT products, and the provision of repairs and other service support of IT products. The firm generates the majority of its revenue from the sales and distribution of the IT products business segment, which focuses on distributing used and refurbished IT units, facilitated through an extensive wholesale network covering North America, Asia, and Australia. Geographically, it derives the majority of its revenue from Hong Kong.
71GF Score

Get the complete analysis for HKSE:08051

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

HK$2.57
Price
HK$4.82
GF Value