Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Hang Lung Properties's operating assets for the quarter that ended in Dec. 2025 was $27,835 Mil. Hang Lung Properties's operating liabilities for the quarter that ended in Dec. 2025 was $3,159 Mil. Hang Lung Properties's Total Assets for the quarter that ended in Jun. 2025 was $28,205 Mil. Therefore, Hang Lung Properties's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.87.
Hang Lung Properties Scaled Net Operating Assets Related Terms
Hang Lung Properties Scaled Net Operating Assets Historical Data
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The historical data trend for Hang Lung Properties'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.
Hang Lung Properties Scaled Net Operating Assets Chart
HLPPF vs CBRE, BEKE, JLL: Scaled Net Operating Assets Comparison
For the Real Estate Services subindustry, Hang Lung Properties'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.
Hang Lung Properties Scaled Net Operating Assets vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Hang Lung Properties's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Hang Lung Properties's Scaled Net Operating Assets falls into.
* 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 0.87 mean?
Hang Lung Properties (HLPPF) has a Scaled Net Operating Assets of 0.87 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 Hang Lung Properties and its competitors.
Is Hang Lung Properties' Scaled Net Operating Assets too high?
Hang Lung Properties' current Scaled Net Operating Assets is 0.87. Overall, Hang Lung Properties has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hang Lung Properties' Scaled Net Operating Assets compare to CBRE and BEKE?
Hang Lung Properties' Scaled Net Operating Assets of 0.87 can be compared against companies in the Real Estate 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 Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate 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 Hang Lung Properties and its competitors. Hang Lung Properties's current Scaled Net Operating Assets is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hang Lung Properties stock overvalued right now?
Based on GuruFocus' analysis, Hang Lung Properties (HLPPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.33, compared to a current price of $1.16 — trading 12.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.87. Hang Lung Properties' overall GF Score™ is 70/100 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 Hang Lung Properties (HLPPF), the current Scaled Net Operating Assets is 0.87 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 Hang Lung Properties (HLPPF) Overvalued in 2026?
Based on GuruFocus' analysis, Hang Lung Properties stock appears to be undervalued.
The current stock price of $1.16 is trading 12.8% below its estimated GF Value™ of $1.33.
GuruFocus considers Hang Lung Properties to be Modestly Undervalued.
Key valuation signals for HLPPF:
Scaled Net Operating Assets: 0.87
GF Value™: $1.33 vs. price of $1.16 (12.8% below fair value)
No single metric tells the full story. See the HLPPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hung Lung Properties, or HLP, is the property arm of Hang Lung Group Limited and primarily operates premium commercial properties in mainland China and Hong Kong. The company also develops and sells residential properties in both regions. Most of its revenue is generated from mainland China, with focus on retail malls in Tier 1 and 2 cities including Shanghai, Wuxi, Hangzhou, Wuhan, Kunming, Jinan, Dalian, Shenyang and Tianjin. The company is 59% owned by Hang Lung Group.
70GF Score
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