Zhejiang United Investment Holdings Group (HKSE:08366) Scaled Net Operating Assets: -0.39 (As of Oct. 2025)

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What is Zhejiang United Investment Holdings Group Scaled Net Operating Assets?

Zhejiang United Investment Holdings Group HKSE:08366 -4.17% Scaled Net Operating Assets is -0.39 as of Oct. 2025. 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.

Zhejiang United Investment Holdings Group's operating assets for the quarter that ended in Oct. 2025 was HK$12.5 Mil. Zhejiang United Investment Holdings Group's operating liabilities for the quarter that ended in Oct. 2025 was HK$37.0 Mil. Zhejiang United Investment Holdings Group's Total Assets for the quarter that ended in Apr. 2025 was HK$62.7 Mil. Therefore, Zhejiang United Investment Holdings Group's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was -0.39.


Zhejiang United Investment Holdings Group Scaled Net Operating Assets Historical Data

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The historical data trend for Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group Scaled Net Operating Assets Chart

Zhejiang United Investment Holdings Group Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -1.18 -0.21 -0.84 -0.63

Zhejiang United Investment Holdings Group Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 -0.84 -0.64 -0.72 -0.64 -0.39

HKSE:08366 vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Zhejiang United Investment Holdings 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.


Zhejiang United Investment Holdings Group Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Zhejiang United Investment Holdings Group's Scaled Net Operating Assets distribution charts can be found below:

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



Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(26.657-67.459)/64.872
=-0.63

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=62.698 - 36.041
=26.657

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=84.331 - 0 - 16.872
=67.459

Zhejiang United Investment Holdings Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(12.534-37.022)/62.698
=-0.39

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.427 - 19.893
=12.534

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.315 - 0 - 19.293
=37.022

* 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 -0.39 mean?
Zhejiang United Investment Holdings Group (HKSE:08366) has a Scaled Net Operating Assets of -0.39 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Zhejiang United Investment Holdings Group and its competitors.
Is Zhejiang United Investment Holdings Group's Scaled Net Operating Assets too high?
Zhejiang United Investment Holdings Group's current Scaled Net Operating Assets is -0.39.
How does Zhejiang United Investment Holdings Group's Scaled Net Operating Assets compare to PWR and FIX?
Zhejiang United Investment Holdings Group's Scaled Net Operating Assets of -0.39 can be compared against companies in the Construction 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 Construction company?
A good Scaled Net Operating Assets depends on the Construction 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 Zhejiang United Investment Holdings Group and its competitors. Zhejiang United Investment Holdings Group's current Scaled Net Operating Assets is -0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang United Investment Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang United Investment Holdings Group (HKSE:08366) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.02, compared to a current price of HK$0.02 — trading 15% above its estimated fair value. The current Scaled Net Operating Assets is -0.39. 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 Zhejiang United Investment Holdings Group (HKSE:08366), the current Scaled Net Operating Assets is -0.39 as of Oct. 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.

Zhejiang United Investment Holdings Group Business Description

Address 489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG
Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise the general construction of buildings.