MFLTY (Missfresh) Scaled Net Operating Assets: -1.79 (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Missfresh Scaled Net Operating Assets?

Missfresh MFLTY -99.00% Scaled Net Operating Assets is -1.79 as of Dec. 2022.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Missfresh's operating assets for the quarter that ended in Dec. 2022 was $16.5 Mil. Missfresh's operating liabilities for the quarter that ended in Dec. 2022 was $244.6 Mil. Missfresh's Total Assets for the quarter that ended in Jun. 2022 was $127.4 Mil. Therefore, Missfresh's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was -1.79.


Missfresh Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Missfresh'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.

Missfresh Scaled Net Operating Assets Chart

Missfresh Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
-1.48 -1.83 -4.43 -0.26 -0.42

Missfresh Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 -0.06 -0.11 -0.38 -1.79

MFLTY vs HCMC, OMHI, KR: Scaled Net Operating Assets Comparison

For the Grocery Stores subindustry, Missfresh'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.


Missfresh Scaled Net Operating Assets vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Missfresh's Scaled Net Operating Assets distribution charts can be found below:

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



Missfresh 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.

Missfresh's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(16.513-244.595)/542.207
=-0.42

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26.028 - 9.515
=16.513

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=245.318 - 0 - 0.723
=244.595

Missfresh's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Jun. 2022 )
=(16.513-244.595)/127.4
=-1.79

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=26.028 - 9.515
=16.513

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=245.318 - 0 - 0.723
=244.595

* 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 -1.79 mean?
Missfresh (MFLTY) has a Scaled Net Operating Assets of -1.79 as of Dec. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Missfresh and its competitors.
Is Missfresh's Scaled Net Operating Assets too high?
Missfresh's current Scaled Net Operating Assets is -1.79.
How does Missfresh's Scaled Net Operating Assets compare to HCMC and OMHI?
Missfresh's Scaled Net Operating Assets of -1.79 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Scaled Net Operating Assets depends on the Retail - Defensive 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 Missfresh and its competitors. Missfresh's current Scaled Net Operating Assets is -1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Missfresh stock overvalued right now?
Missfresh (MFLTY) has a current Scaled Net Operating Assets of -1.79. The current Scaled Net Operating Assets is -1.79. 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 Missfresh (MFLTY), the current Scaled Net Operating Assets is -1.79 as of Dec. 2022. 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.

Missfresh Business Description

Address No. 9 Wangjing Street, Chaoyang District, 3rd Floor, Block A, Vanke Times Center, Beijing, CHN, 100016
Missfresh Ltd an online-and-offline integrated on-demand retail business offering fresh produce and fast-moving consumer goods. Through its "Missfresh" mobile application and Mini Program embedded in third-party social platforms, which feature substantially similar user interface and functions, consumers can purchase grocery at their fingertips and receive products delivered by its delivery riders to their doorstep. The Group's assets are located in the PRC and its revenues are derived from within the PRC.