HKVTY (HK Electric Investments and HK Electric Investments) Scaled Net Operating Assets: 0.85 (As of Dec. 2025)


HKVTY HK Electric Investments and HK Electric Investments Ltd HKVTY
76 GF Score
Price $7.80
GF Value $6.78
Valuation Modestly Overvalued
! 6 Warning Signs
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What is HK Electric Investments and HK Electric Investments Scaled Net Operating Assets?

HK Electric Investments and HK Electric Investments HKVTY 76 Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus rates HKVTY with a GF Score™ of 76/100 and a GF Value™ of $6.78 (Modestly Overvalued). The stock has 6 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.

HK Electric Investments and HK Electric Investments's operating assets for the quarter that ended in Dec. 2025 was $15,220 Mil. HK Electric Investments and HK Electric Investments's operating liabilities for the quarter that ended in Dec. 2025 was $2,388 Mil. HK Electric Investments and HK Electric Investments's Total Assets for the quarter that ended in Jun. 2025 was $15,115 Mil. Therefore, HK Electric Investments and HK Electric Investments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.85.


HK Electric Investments and HK Electric Investments Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Scaled Net Operating Assets Chart

HK Electric Investments and HK Electric Investments 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 0.85 0.87 0.82 0.85 0.84

HK Electric Investments and HK Electric Investments 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 0.82 0.84 0.85 0.84 0.85

HKVTY vs NEE, SO, DUK: Scaled Net Operating Assets Comparison

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.


HK Electric Investments and HK Electric Investments Scaled Net Operating Assets vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's Scaled Net Operating Assets falls into.


HKVTY
76GF Score
HK Electric Investments and HK Electric Investments Ltd HKVTY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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HK Electric Investments and HK Electric Investments 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.

HK Electric Investments and HK Electric Investments'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 )
=(15219.9-2387.544)/15244.166
=0.84

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15223.499 - 3.599
=15219.9

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8885.462 - 3608.883 - 2889.035
=2387.544

HK Electric Investments and HK Electric Investments'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 )
=(15219.9-2387.544)/15114.67
=0.85

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15223.499 - 3.599
=15219.9

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8885.462 - 3608.883 - 2889.035
=2387.544

* 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 0.85 mean?
HK Electric Investments and HK Electric Investments (HKVTY) has a Scaled Net Operating Assets of 0.85 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 HK Electric Investments and HK Electric Investments and its competitors.
Is HK Electric Investments and HK Electric Investments' Scaled Net Operating Assets too high?
HK Electric Investments and HK Electric Investments' current Scaled Net Operating Assets is 0.85. Overall, HK Electric Investments and HK Electric Investments has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HK Electric Investments and HK Electric Investments' Scaled Net Operating Assets compare to NEE and SO?
HK Electric Investments and HK Electric Investments' Scaled Net Operating Assets of 0.85 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Scaled Net Operating Assets depends on the Utilities - Regulated 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 HK Electric Investments and HK Electric Investments and its competitors. HK Electric Investments and HK Electric Investments's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HK Electric Investments and HK Electric Investments stock overvalued right now?
Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments (HKVTY) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.78, compared to a current price of $7.80 — trading 15% above its estimated fair value. The current Scaled Net Operating Assets is 0.85. HK Electric Investments and HK Electric Investments' overall GF Score™ is 76/100 with 6 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 HK Electric Investments and HK Electric Investments (HKVTY), the current Scaled Net Operating Assets is 0.85 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 HK Electric Investments and HK Electric Investments (HKVTY) Overvalued in 2026?

Based on GuruFocus' analysis, HK Electric Investments and HK Electric Investments stock appears to be overvalued. The current stock price of $7.80 is trading 15% above its estimated GF Value™ of $6.78. GuruFocus considers HK Electric Investments and HK Electric Investments to be Modestly Overvalued.

Key valuation signals for HKVTY:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: $6.78 vs. price of $7.80 (15% above fair value)
  • GF Score™: 76/100 with 6 warning signs

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


HK Electric Investments and HK Electric Investments Business Description

Other Exchanges 02638:Hong Kong
Address 44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK Electric Investments and HK Electric Investments Ltd is a fixed single investment trust in Hong Kong with a focus on the energy sector. The company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. The company have one reporting segment which is the generation and supply of electricity to Hong Kong Island and Lamma Island.
76GF Score

Get the complete analysis for HKVTY

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

$7.80
Price
$6.78
GF Value