China Netcom Technology Holdings (HKSE:08071) Scaled Net Operating Assets: -0.51 (As of Dec. 2025)

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HKSE:08071 China Netcom Technology Holdings Ltd HKSE:08071
55 GF Score
Price HK$0.43
GF Value HK$2.16
Valuation Possible Value Trap
! 7 Warning Signs
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What is China Netcom Technology Holdings Scaled Net Operating Assets?

China Netcom Technology Holdings HKSE:08071 +13.16% 55 Scaled Net Operating Assets is -0.51 as of Dec. 2025. GuruFocus rates HKSE:08071 with a GF Score™ of 55/100 and a GF Value™ of HK$2.16 (Possible Value Trap). 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.

China Netcom Technology Holdings's operating assets for the quarter that ended in Dec. 2025 was HK$5.66 Mil. China Netcom Technology Holdings's operating liabilities for the quarter that ended in Dec. 2025 was HK$14.28 Mil. China Netcom Technology Holdings's Total Assets for the quarter that ended in Jun. 2025 was HK$16.82 Mil. Therefore, China Netcom Technology Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.51.


China Netcom Technology Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for China Netcom Technology 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.

China Netcom Technology Holdings Scaled Net Operating Assets Chart

China Netcom Technology Holdings 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 -0.03 -0.01 0.01 -0.09 -0.55

China Netcom Technology 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 0.01 -0.14 -0.11 -0.02 -0.51

HKSE:08071 vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, China Netcom Technology 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.


China Netcom Technology Holdings Scaled Net Operating Assets vs Software Industry

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

* The bar in red indicates where China Netcom Technology Holdings's Scaled Net Operating Assets falls into.


HKSE:08071
55GF Score
China Netcom Technology Holdings Ltd HKSE:08071
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Netcom Technology 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.

China Netcom Technology 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 )
=(5.658-14.277)/15.684
=-0.55

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21.728 - 16.07
=5.658

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.381 - 0 - 2.104
=14.277

China Netcom Technology 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 )
=(5.658-14.277)/16.823
=-0.51

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21.728 - 16.07
=5.658

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.381 - 0 - 2.104
=14.277

* 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 -0.51 mean?
China Netcom Technology Holdings (HKSE:08071) has a Scaled Net Operating Assets of -0.51 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 China Netcom Technology Holdings and its competitors.
Is China Netcom Technology Holdings' Scaled Net Operating Assets too high?
China Netcom Technology Holdings' current Scaled Net Operating Assets is -0.51. Overall, China Netcom Technology Holdings has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Netcom Technology Holdings' Scaled Net Operating Assets compare to UBER and SHOP?
China Netcom Technology Holdings' Scaled Net Operating Assets of -0.51 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 China Netcom Technology Holdings and its competitors. China Netcom Technology Holdings's current Scaled Net Operating Assets is -0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Netcom Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Netcom Technology Holdings (HKSE:08071) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.16, compared to a current price of HK$0.43 — trading 80.1% below its estimated fair value. The current Scaled Net Operating Assets is -0.51. China Netcom Technology Holdings' overall GF Score™ is 55/100 with 7 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 China Netcom Technology Holdings (HKSE:08071), the current Scaled Net Operating Assets is -0.51 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 China Netcom Technology Holdings (HKSE:08071) Overvalued in 2026?

Based on GuruFocus' analysis, China Netcom Technology Holdings stock appears to be undervalued. The current stock price of HK$0.43 is trading 80.1% below its estimated GF Value™ of HK$2.16. GuruFocus considers China Netcom Technology Holdings to be Possible Value Trap.

Key valuation signals for HKSE:08071:

  • Scaled Net Operating Assets: -0.51
  • GF Value™: HK$2.16 vs. price of HK$0.43 (80.1% below fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the HKSE:08071 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Netcom Technology Holdings Business Description

Address 18 Harcourt Road, 8th Floor, Tower 2, Admiralty Centre, Hong Kong, HKG
China Netcom Technology Holdings Ltd and its subsidiaries are engaged in the Smart Retail Business and Automotive Culture Business. The vast majority of its revenue is generated from Smart Retail Business, which is into the provision of new retail digital transformation solutions and new retail integrated software service platform to chain retailers and merchants, and extended services such as cloud services, omnichannel payment services, and SMS marketing services, etc. Geographically, the company has business operations in the PRC and Hong Kong, of which key revenue is derived from the PRC.
55GF Score

Get the complete analysis for HKSE:08071

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

HK$0.43
Price
HK$2.16
GF Value