IMS Group Holdings (HKSE:08136) Scaled Net Operating Assets: 0.18 (As of Sep. 2025)

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What is IMS Group Holdings Scaled Net Operating Assets?

IMS Group Holdings HKSE:08136 -7.50% Scaled Net Operating Assets is 0.18 as of Sep. 2025. The stock has 2 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.

IMS Group Holdings's operating assets for the quarter that ended in Sep. 2025 was HK$33.03 Mil. IMS Group Holdings's operating liabilities for the quarter that ended in Sep. 2025 was HK$11.79 Mil. IMS Group Holdings's Total Assets for the quarter that ended in Mar. 2025 was HK$115.19 Mil. Therefore, IMS Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.18.


IMS Group Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for IMS 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.

IMS Group Holdings Scaled Net Operating Assets Chart

IMS 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 0.14 0.01 0.01 0.13 0.17

IMS Group Holdings 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 0.01 0.09 0.12 0.18 0.16

HKSE:08136 vs VRT, BE, HUBB: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, IMS 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.


IMS Group Holdings Scaled Net Operating Assets vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMS Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

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



IMS 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.

IMS Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(26.849-11.543)/115.967
=0.13

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=115.189 - 88.34
=26.849

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.828 - 0.906 - 2.379
=11.543

IMS Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2025 )
=(Operating Assets (Q: Sep. 2025 )-Operating Liabilities (Q: Sep. 2025 ))/Total Assets (Q: Mar. 2025 )
=(33.03-11.787)/115.189
=0.18

where

Operating Assets(Q: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=123.063 - 90.033
=33.03

Operating Liabilities(Q: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.795 - 0.028 - 2.98
=11.787

* 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 0.18 mean?
IMS Group Holdings (HKSE:08136) has a Scaled Net Operating Assets of 0.18 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IMS Group Holdings and its competitors.
Is IMS Group Holdings' Scaled Net Operating Assets too high?
IMS Group Holdings' current Scaled Net Operating Assets is 0.18.
How does IMS Group Holdings' Scaled Net Operating Assets compare to VRT and BE?
IMS Group Holdings' Scaled Net Operating Assets of 0.18 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Scaled Net Operating Assets depends on the Industrial Products 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 IMS Group Holdings and its competitors. IMS Group Holdings's current Scaled Net Operating Assets is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IMS Group Holdings (HKSE:08136) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.04 — trading 23.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.18. 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 IMS Group Holdings (HKSE:08136), the current Scaled Net Operating Assets is 0.18 as of Sep. 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.

IMS Group Holdings Business Description

Address 8 Watson Road, Unit 1201, 12th Floor, Block C, Seaview Estate, North Point, Hong Kong, HKG
IMS Group Holdings Ltd is engaged in the sale of light-emitting diode (LED) lighting fixtures and visual-audio systems, the provision of integrated LED lighting solution services, project consultancy, LED lighting system maintenance services, the sale of 3D printing materials, and the provision of 3D printing services. Geographically, it operates in Hong Kong, the PRC, Asia, Europe, and Others, with the majority of the revenue deriving from the PRC.