Ocean Star Technology Group (HKSE:08297) Scaled Net Operating Assets: -0.97 (As of Mar. 2026)

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What is Ocean Star Technology Group Scaled Net Operating Assets?

Ocean Star Technology Group HKSE:08297 Scaled Net Operating Assets is -0.97 as of Mar. 2026. The stock has 4 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.

Ocean Star Technology Group's operating assets for the quarter that ended in Mar. 2026 was HK$32.52 Mil. Ocean Star Technology Group's operating liabilities for the quarter that ended in Mar. 2026 was HK$64.45 Mil. Ocean Star Technology Group's Total Assets for the quarter that ended in Sep. 2025 was HK$32.97 Mil. Therefore, Ocean Star Technology Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.97.


Ocean Star Technology Group Scaled Net Operating Assets Historical Data

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The historical data trend for Ocean Star Technology 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.

Ocean Star Technology Group Scaled Net Operating Assets Chart

Ocean Star Technology Group 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 -0.02 0.01 -0.10 -0.40 -0.78

Ocean Star Technology Group Semi-Annual Data
Sep16 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 -0.12 -0.31 -0.47 -0.66 -0.97

HKSE:08297 vs RL, LEVI, VFC: Scaled Net Operating Assets Comparison

For the Apparel Manufacturing subindustry, Ocean Star Technology 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.


Ocean Star Technology Group Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ocean Star Technology Group's Scaled Net Operating Assets distribution charts can be found below:

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



Ocean Star Technology 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.

Ocean Star Technology Group'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 )
=(32.52-64.454)/41.211
=-0.77

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.25 - 3.73
=32.52

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=67.622 - 0.557 - 2.611
=64.454

Ocean Star Technology Group'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 )
=(32.52-64.454)/32.971
=-0.97

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.25 - 3.73
=32.52

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=67.622 - 0.557 - 2.611
=64.454

* 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 -0.97 mean?
Ocean Star Technology Group (HKSE:08297) has a Scaled Net Operating Assets of -0.97 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 Ocean Star Technology Group and its competitors.
Is Ocean Star Technology Group's Scaled Net Operating Assets too high?
Ocean Star Technology Group's current Scaled Net Operating Assets is -0.97.
How does Ocean Star Technology Group's Scaled Net Operating Assets compare to RL and LEVI?
Ocean Star Technology Group's Scaled Net Operating Assets of -0.97 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Scaled Net Operating Assets depends on the Manufacturing - Apparel & Accessories 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 Ocean Star Technology Group and its competitors. Ocean Star Technology Group's current Scaled Net Operating Assets is -0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Star Technology Group stock overvalued right now?
Ocean Star Technology Group (HKSE:08297) has a current Scaled Net Operating Assets of -0.97. The current Scaled Net Operating Assets is -0.97. 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 Ocean Star Technology Group (HKSE:08297), the current Scaled Net Operating Assets is -0.97 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.

Ocean Star Technology Group Business Description

Address 317-319 Des Voeux Road Central, Room 1606D&E, 16th Floor, Kai Tak Commercial Building, Sheung Wan, Hong Kong, HKG
Ocean Star Technology Group Ltd manufactures, develops, and designs women's lingerie. The company offers bras, bikinis, panties, and other related apparel. It has two segments namely Lingerie products and Others. The company earns maximum revenue from Hong Kong and has a presence in Macau and The PRC.