KRFG (King Resources) Scaled Net Operating Assets: -0.03 (As of Dec. 2025)


KRFG King Resources Inc KRFG
42 GF Score
Price $0.26
GF Value $1.30
Valuation Possible Value Trap
! 6 Warning Signs
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What is King Resources Scaled Net Operating Assets?

King Resources KRFG 42 Scaled Net Operating Assets is -0.03 as of Dec. 2025. GuruFocus rates KRFG with a GF Score™ of 42/100 and a GF Value™ of $1.30 (Possible Value Trap). 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.

King Resources's operating assets for the quarter that ended in Dec. 2025 was $0.07 Mil. King Resources's operating liabilities for the quarter that ended in Dec. 2025 was $1.20 Mil. King Resources's Total Assets for the quarter that ended in Sep. 2025 was $40.87 Mil. Therefore, King Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.03.


King Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for King Resources'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.

King Resources Scaled Net Operating Assets Chart

King Resources Annual Data
Trend Oct99 Oct00 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial -84.65 -10.40 -8.54 -2.79 -7.18

King Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 -238.75 -315.25 661.47 -0.03

KRFG vs CCTG, LNKS, RAYA: Scaled Net Operating Assets Comparison

For the Electrical Equipment & Parts subindustry, King Resources'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.


King Resources Scaled Net Operating Assets vs Industrial Products Industry

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

* The bar in red indicates where King Resources's Scaled Net Operating Assets falls into.


KRFG
42GF Score
King Resources Inc KRFG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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King Resources 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.

King Resources'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 )
=(0.002-0.957)/0.133
=-7.18

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.004 - 0.002
=0.002

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.957 - 0 - 0
=0.957

King Resources'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: Sep. 2025 )
=(0.072-1.195)/40.865
=-0.03

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.074 - 0.002
=0.072

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.195 - 0 - 0
=1.195

* 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 -0.03 mean?
King Resources (KRFG) has a Scaled Net Operating Assets of -0.03 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 King Resources and its competitors.
Is King Resources' Scaled Net Operating Assets too high?
King Resources' current Scaled Net Operating Assets is -0.03. Overall, King Resources has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does King Resources' Scaled Net Operating Assets compare to CCTG and LNKS?
King Resources' Scaled Net Operating Assets of -0.03 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 King Resources and its competitors. King Resources's current Scaled Net Operating Assets is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is King Resources stock overvalued right now?
Based on GuruFocus' analysis, King Resources (KRFG) is currently considered Possible Value Trap. The stock's GF Value™ is $1.30, compared to a current price of $0.26 — trading 80% below its estimated fair value. The current Scaled Net Operating Assets is -0.03. King Resources' overall GF Score™ is 42/100 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 King Resources (KRFG), the current Scaled Net Operating Assets is -0.03 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 King Resources (KRFG) Overvalued in 2026?

Based on GuruFocus' analysis, King Resources stock appears to be undervalued. The current stock price of $0.26 is trading 80% below its estimated GF Value™ of $1.30. GuruFocus considers King Resources to be Possible Value Trap.

Key valuation signals for KRFG:

  • Scaled Net Operating Assets: -0.03
  • GF Value™: $1.30 vs. price of $0.26 (80% below fair value)
  • GF Score™: 42/100 with 6 warning signs

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


King Resources Business Description

Address 26-28 Au Pui Wan Street, Unit 1813, 18th Floor, Fo Tan Industrial Centre, Fo Tan, Hong Kong, HKG
King Resources Inc through its subsidiaries, is engaged in the rendering of smart power supply solutions and the related technical service as well as lifestyle products in Hong Kong. The company focuses on research and development solutions, sales of own brand smart power supply products and development of IoT products across the smart home, smart office and smart fitness ecosystem. The company's segment includes the provision of technical consultancy services in Hong Kong.
42GF Score

Get the complete analysis for KRFG

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

$0.26
Price
$1.30
GF Value